The USA nutraceuticals market is accounted to US$
73,986.0 Mn in 2018 and is expected to grow at a CAGR of 7.1% during the forecast period 2019 – 2027, to account to US$ 138,047.1 Mn by 2027.
Growth in the demand for functional food and beverages owing to increasing health consciousness amongst consumers has bolstered the growth of USA nutraceuticals market.
Strategic insights for the USA Nutraceutical provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the USA Nutraceutical refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas. USA Nutraceuticals Market, Revenue and Forecast, 2018
USA Nutraceutical Strategic Insights
USA Nutraceutical Report Scope
Report Attribute
Details
Market size in 2018
US$ 73,986.0 Million
Market Size by 2027
US$ 138,047.1 Million
Global CAGR (2019 - 2027)
7.1%
Historical Data
2016-2017
Forecast period
2019-2027
Segments Covered
By Type
By Application
Regions and Countries Covered
United States
Market leaders and key company profiles
USA Nutraceutical Regional Insights
Market Insights
Growth in the demand for functional food and beverages owing to increasing health consciousness amongst consumers
Nutraceutical ingredients such as vitamins and minerals are added in the functional food and beverages to enhance the nutritional value. Functional foods have a positive effect on health beyond basic nutrition and also promote optimal health. Functional food and beverages are enriched with nutritions that are not provided naturally. The increasing awareness related to the health benefits associated with the consumption of nutraceutical products supplements the growth of the USA nutraceuticals market.
Increasing spectrum of nutraceutical in sport nutrition provides opportunity for the nutraceuticals market growth
Nutrition plays an essential role in an athlete’s performance. Vitamins and minerals are crucial for a variety of activities in the body, such as turning food into energy and keeping bones healthy. Nutraceutical products offers an adequate amount of nutrition required to maintain a healthy lifestyle. This is translating into increasing demand for nutraceutical products in sports nutrition.
Type Insights
The USA nutraceuticals market by type has been categorized in functional food, functional beverages, dietary supplements, personal care and pharmaceuticals. The demand for functional food is rising due to the growing health consciousness among the people. They enhance the performance of body by the introduction of ingredients absent in many food items. People are inclining more towards functional food owing to their medicinal importance, and the nutritional aspects which are bound to expand the nutraceutical market in the coming years.
Application Insights
On the basis of application, the USA Nutraceuticals market has been segmented into general wellness, beauty and anti-aging, weight management, digestive health, sports and energy drinks. Under application segment, general wellness is the leading segment in the USA nutraceuticals market. There has been a favorable growth in the application of nutraceuticals in the healthcare and general wellness sector. Researchers have claimed that the introduction of nutraceuticals has proven to be of significant help in the treatment of disorders like cancer, blood pressure, insomnia, coronary heart disease, depression, cough and cold and other diseases that need special care. The application of nutraceuticals in the form of dietary supplement is also rising due to its growing nutritional and medicinal benefits.
Strategic insights for the USA Nutraceutical provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the USA Nutraceutical refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas. USA Nutraceuticals Market by Application
USA Nutraceutical Strategic Insights
USA Nutraceutical Report Scope
Report Attribute
Details
Market size in 2018
US$ 73,986.0 Million
Market Size by 2027
US$ 138,047.1 Million
Global CAGR (2019 - 2027)
7.1%
Historical Data
2016-2017
Forecast period
2019-2027
Segments Covered
By Type
By Application
Regions and Countries Covered
United States
Market leaders and key company profiles
USA Nutraceutical Regional Insights
Strategic Insights
Mergers & acquisition, strategy and business planning and new product development were observed as the most adopted strategies in USA Nutraceuticals market. Few of the recent developments in the USA Nutraceuticals market are listed below:
2019:
Amway India launched new nutraceutical product, DHA yummies under Nutrilite brand
2019:
The Nature’s Bounty Co. launched new nutraceutical products, which includes Nature's Bounty® Sleep3 and Nature's Bounty® Elderberry Gummies, and Nature's Bounty® Anxiety & Stress Relief
2018:
General Mills, Inc. acquired pet food manufacturer, Blue Buffalo Pet Products, Inc. which helped them to increase its portfolio and market presence
2018:
Abbott launched Ensure Max Protein product through which it expanded its nutraceuticals product line.
USA NUTRACEUTICALS MARKET SEGMENTATION
By Type
By Application
Company Profiles
The List of Companies
The USA Nutraceutical Market is valued at US$ 73,986.0 Million in 2018, it is projected to reach US$ 138,047.1 Million by 2027.
As per our report USA Nutraceutical Market, the market size is valued at US$ 73,986.0 Million in 2018, projecting it to reach US$ 138,047.1 Million by 2027. This translates to a CAGR of approximately 7.1% during the forecast period.
The USA Nutraceutical Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the USA Nutraceutical Market report:
The USA Nutraceutical Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The USA Nutraceutical Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the USA Nutraceutical Market value chain can benefit from the information contained in a comprehensive market report.