Global Nutraceuticals Market to Grow at 6.7% During 2024-2032, Bolstered by Growing Geriatric Population

December 20, 2021 | Food & Beverages

The latest report by IMARC Group, titled “Nutraceuticals Market Report: COQ10, Probiotics/Prebiotics, Taurine, Omega-3, Green Tea, Antioxidants, Calcium, Lycopene, B-Complex, Dietary Fiber, Collagen, Aloe Vera and Zinc,” finds that the global nutraceuticals market is expected to grow at a CAGR of 6.7% during 2024-2032. Nutraceuticals are supplementary products that provide nutrition and health advantages to the human body. They are produced from fortified nutrients such as CoQ10, taurine, omega-3, antioxidants, calcium, and zinc. They are known to have physiological benefits that protect against chronic diseases, improve health, and increase life expectancy. As a result, nutraceuticals are added to cereals, bakery and confectionery, dairy, snacks, sports drinks, energy drinks, fortified juice, and other functional beverages. They are also commonly available in specialty stores, supermarkets, convenience stores, as well as online retail stores.

Global Nutraceuticals Market Trends:

The market is primarily driven by the increasing demand for dietary supplements and functional foods. In addition, the rising healthcare costs and the growing geriatric population across the globe are also propelling the demand for nutraceuticals. Moreover, with the recent outbreak of coronavirus disease (COVID-19) pandemic, consumers are shifting toward dietary supplements, like nutraceuticals that contain safer, natural and healthier ingredients to boost their immunity. Besides this, the increasing prevalence of cardiovascular diseases and malnutrition, and the growing health concerns, which have resulted in a better understanding of fitness, are also significantly influencing the market growth. Furthermore, manufacturers are developing personalized nutrition products that are better suited to the individual health and nutritional requirements of the consumers. These factors are expected to provide a positive impact on the market.

Market Summary:

  • Based on the product, the market has been segmented into personalized foods (bakery products, confectionery, dairy products, oil and fats, snack bars, and other foods) and personalized beverages (chocolate-based FP drinks, bottled water, concentrates, energy drinks, fruit vegetable juices, RTD tea, sports drinks, and others).
  • The market has been segregated on the basis of the indication into digestive and immune, energy and alertness, heart, bone and joint, cognitive, and beauty health. At present, products for enhancing digestive and immune health dominate the market.
  • Region-wise, the United States holds the leading position in the market. Other major regions include Germany, France, Spain, Italy, China, Mexico, Japan, India, Brazil, and the United Kingdom.
  • The competitive landscape of the market has been examined, with some of the key players being Danone, Kirin Holdings Company Limited, Mondelez International Inc., Morinaga Milk Industry Co. Ltd., Nestle, Otsuka Pharmaceutical Co. Ltd., PepsiCo Inc., The Coca-Cola Company and Yakult Honsha Company Limited.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Indication, Country
Countries Covered United States, Germany, United Kingdom, France, Spain, Italy, Japan, China, Russia, India, Brazil, Mexico
Companies Covered Danone, Kirin Holdings Company Limited, Mondelez International Inc., Morinaga Milk Industry Co. Ltd., Nestle, Otsuka Pharmaceutical Co. Ltd., PepsiCo Inc., The Coca-Cola Company and Yakult Honsha Company Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Nutraceuticals Market to Grow at 6.7% During 2024-2032, Bolstered by Growing Geriatric Population
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More