USA Nutraceutical Market to Reach US$ 138,047.1 Mn at CAGR of 7.1% in 2027 | The Insight Partners

USA Nutraceutical Market to 2027 - Regional Analysis and Forecasts By Type (Functional Food, Functional Beverages, Dietary Supplements, and Personal Care & Pharmaceuticals), Application (General Wellness, Digestive Health, Weight Management, Sports and Energy, Beauty and Anti-Aging)

Publication Month: Jul 2019 | Report Code: TIPRE00006279 | No. of Pages: 123 | Category: Food and Beverages | Status: Published

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.

 

Exhibit: USA Nutraceuticals Market, Revenue and Forecast, 2018


 

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.

 

Exhibit: USA Nutraceuticals Market by Application

 

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

  • Functional Food
  • Functional Beverages
  • Dietary Supplements
  • Personal Care and Pharmaceuticals

By Application

  • General Wellness
  • Beauty and Anti-Aging
  • Weight Management
  • Digestive Health
  • Sports and Energy

Company Profiles

  • Abbott
  • Amway
  • Chobani, LLC
  • General Mills, Inc.
  • Helion Nutraceuticals, LLC
  • Herbalife International of America, Inc.
  • Kellogg Co.
  • Matsun Nutrition
  • The Nature’s Bounty Co.
  • Valensa International

                                     

1.              Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

2.              Key Takeaways

3.              North America Nutraceutical Market Landscape

3.1       Market Overview

3.2       Market Segmentation

3.2.1       USA Nutraceutical Market – By Type

3.2.2       USA Nutraceutical Market – By Application

3.3       PEST Analysis

3.4       Expert Opinion

3.5       Information Related to the Technologies, Machines, and Equipment used for Processing the Nutraceutical Products

3.5.1       Technologies Applicable for the Processing of Nutraceutical Products

3.5.2       Machines and Equipment Used during the Production of Nutraceutical Products

4.              USA Nutraceutical Market Key Industry Dynamics

4.1       Key Market Drivers

4.1.1       Growth in the Demand for Functional Food and Beverages Owing to Increasing Health Consciousness Amongst Consumers

4.2       Increasing Incidences of Chronic Diseases

4.3       Key Market Restraints

4.3.1       Lack of Government Intervention Towards Framing of Policies

4.4       Key Market Opportunities

4.4.1       Increasing Demand For Nutraceutical in Pet Food

4.5       Future Trends

4.5.1       Increasing Spectrum of Nutraceutical in Sport Nutrition

4.6       Impact Analysis of Drivers And Restraints

5.              Nutraceutical Market – USA Analysis

5.1       USA Nutraceutical Market Overview

5.2       USA Nutraceutical Market Forecast And Analysis (US$ Mn)

6.              USA Nutraceutical Market Analysis – By Type

6.1       Overview

6.2       USA Nutraceutical Market Breakdown, By Type, 2018 & 2027

6.3       Functional Food

6.3.1       Overview

6.3.2       USA Functional Food Market Revenue Forecasts to 2027 (US$ Mn)

6.4       Functional Beverages

6.4.1       Overview

6.4.2       USA Functional Beverages Market Revenue Forecasts to 2027 (US$ Mn)

6.5       Dietary Supplements

6.5.1       Overview

6.5.2       USA Dietary Supplements Market Revenue Forecasts to 2027 (US$ Mn)

6.6       Personal Care and Pharmaceuticals

6.6.1       Overview

6.6.2       USA Personal Care and Pharmaceuticals Market Revenue Forecasts to 2027 (US$ Mn)

7.              USA Nutraceutical Market Analysis – By Application

7.1       Overview

7.2       USA Nutraceutical Market Breakdown, By Applications, 2018 & 2027

7.3       General Wellness

7.3.1       Overview

7.3.2       USA General Wellness Market Revenue Forecasts to 2027 (US$ Mn)

7.4       Beauty and Anti-Aging

7.4.1       Overview

7.4.2       USA Beauty and Anti-Aging Market Revenue Forecasts to 2027 (US$ Mn)

7.5       Weight Management

7.5.1       Overview

7.5.2       USA Weight Management Market Revenue Forecasts to 2027 (US$ Mn)

7.6       Digestive Health

7.6.1       Overview

7.6.2       USA Digestive Health Market Revenue Forecasts to 2027 (US$ Mn)

7.7       Sports and Energy

7.7.1       Overview

7.7.2       USA Sports and Energy Market Revenue Forecasts to 2027 (US$ Mn)

8.              Industry Landscape

8.1       Mergers & Acquisitions

8.2       Strategy And Business Planning

8.3       Product News

9.              Competitive Landscape

9.1       Competitive Product Mapping

9.2       Market Positioning/Market Share

10.           Nutraceutical, Key Company Profiles

10.1    Amway

10.1.1    Key Facts

10.1.2    Business Description

10.1.3    Products and Services

10.1.4    Financial Overview

10.1.5    SWOT Analysis

10.1.6    Key Developments

10.2    The Nature’s Bounty Co.

10.2.1    Key Facts

10.2.2    Business Description

10.2.3    Products and Services

10.2.4    Financial Overview

10.2.5    SWOT Analysis

10.3    Herbalife International of America, Inc.

10.3.1    Key Facts

10.3.2    Business Description

10.3.3    Products and Services

10.3.4    Financial Overview

10.3.5    SWOT Analysis

10.4    Chobani, Llc.

10.4.1    Key Facts

10.4.2    Business Description

10.4.3    Products and Services

10.4.4    Financial Overview

10.4.5    SWOT Analysis

10.4.6    Key Developments

10.5    General Mills, Inc.

10.5.1    Key Facts

10.5.2    Business Description

10.5.3    Products and Services

10.5.4    Financial Overview

10.5.5    SWOT Analysis

10.5.6    Key Developments

10.6    Kellogg Co.

10.6.1    Key Facts

10.6.2    Business Description

10.6.3    Products and Services

10.6.4    Financial Overview

10.6.5    SWOT Analysis

10.6.6    Key Developments

10.7    Helion Nutraceuticals, Llc.

10.7.1    Key Facts

10.7.2    Business Description

10.7.3    Products and Services

10.7.4    Financial Overview

10.7.5    SWOT Analysis

10.8    Abbott

10.8.1    Key Facts

10.8.2    Business Description

10.8.3    Products and Services

10.8.4    Financial Overview

10.8.5    SWOT Analysis

10.8.6    Key Developments

10.9    Valensa International

10.9.1    Key Facts

10.9.2    Business Description

10.9.3    Products and Services

10.9.4    Financial Overview

10.9.5    SWOT Analysis

10.9.6    Key Developments

10.10  Matsun Nutrition

10.10.1 Key Facts

10.10.2 Business Description

10.10.3 Products and Services

10.10.4 Financial Overview

10.10.5 SWOT Analysis

11.           Appendix

11.1    About The Insight Partners

11.2    Glossary of Terms

12.           Research Methodology

12.1    Coverage

12.2    Secondary Research

12.3    Primary Research

LIST OF TABLES

Table 1.            USA Nutraceutical Market Revenue and Forecasts to 2027 (US$ MN)

Table 2.            Glossary of Term: Nutraceutical Market

LIST OF FIGURES

Figure 1.          USA Functional Food Market, By Type, By Revenue, 2018 & 2027, US$ Mn

Figure 2.          USA Nutraceutical Market – By Application, 2018-2027, (%)

Figure 3.          USA Nutraceutical Market Segmentation

Figure 4.          USA – PEST Analysis

Figure 5.          Expert Opinion

Figure 6.          Chain of Activities in Nutraceutical Products

Figure 7.          USA Nutraceutical Market Impact Analysis of Driver and Restraints

Figure 8.          USA Nutraceutical Market Forecast and Analysis, 2018 – 2027, (US$ MN)

Figure 9.          USA Nutraceutical market Breakdown By Type, Value, 2018 & 2027 (%)

Figure 10.       USA Functional food Market Revenue Forecasts to 2027 (US$ Mn)

Figure 11.       USA Functional Beverages Market Revenue Forecasts to 2027 (US$ Mn)

Figure 12.       USA Dietary Supplements Market Revenue Forecasts to 2027 (US$ Mn)

Figure 13.       USA Personal Care And Pharmaceuticals Market Revenue Forecasts to 2027 (US$ Mn)

Figure 14.       USA Nutraceutical Market Breakdown By Applications, by Value, 2018 & 2027 (%)

Figure 15.       USA General Wellness Market Revenue Forecasts to 2027 (US$ Mn)

Figure 16.       USA beauty and Anti-Aging Market Revenue Forecasts to 2027 (US$ Mn)

Figure 17.       USA Weight Management Market Revenue Forecasts to 2027 (US$ Mn)

Figure 18.       USA Digestive Health Market Revenue Forecasts to 2027 (US$ Mn)

Figure 19.       USA Sports and Energy Market Revenue Forecasts to 2027 (US$ Mn)

The List of Companies

  1. Abbott
  2. Amway
  3. Chobani, LLC
  4. General Mills, Inc.
  5. Helion Nutraceuticals, LLC
  6. Herbalife International of America, Inc.
  7. Kellogg Co.
  8. Matsun Nutrition
  9. The Nature’s Bounty Co.
  10. Valensa International
• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the USA nutraceuticals market, thereby allowing players to develop effective long term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.