The Europe nutraceuticals market is accounted to US$ 59,269.6 Mn in 2018 and is expected to grow at a CAGR of 6.9% during the forecast period 2019 – 2027, to account to US$ 108,044.7 Mn by 2027.
Nutraceuticals is medically or nutritionally active food. This functional food is enriched with probiotic and prebiotic ingredients and are consumed for maintaining the gut health. It helps in reducing the risk of diabetes and cardiovascular diseases. It also provides physiological benefits. They are of many types, namely, functional food, functional beverages, dietary supplements and personal care and pharmaceuticals. They also have a wide range of application in general wellness, beauty and anti-ageing, weight management, digestive health and sports and energy. The Nutraceuticals market is rapidly growing at a faster pace over the past few years. Nutraceuticals are gaining popularity among the customers due to their potential nutritional and therapeutic effects. Over the past few years, nutraceuticals are consumed as a preventive measure for chronic diseases such as cancer, diabetes, allergy, Alzheimer, cardiovascular, eye, immune, inflammatory and Parkinson's diseases, and obesity. For instance, Arthritis is a common disease which results in joint replacement surgery. Nutraceuticals are used as an alternative treatment for pathological manifestations of arthritic disease. The consumption of fish oils such as cod liver oil in the diet helps to prevent arthritic disease. Similarly, Alzheimer’s disease (AD), also known as primary degenerative dementia of the Alzheimer's type (PDDAT) is the most common form of dementia.
Strategic insights for the Europe Nutraceuticals 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.
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 59,269.6 Million |
Market Size by 2027 | US$ 108,044.7 Million |
Global CAGR (2019 - 2027) | 6.9% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Nutraceuticals 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.
Market Insights
Increasing incidences of chronic diseases to favor the Europe nutraceuticals market
Nutraceuticals are gaining popularity among the customers due to their potential nutritional and therapeutic effects. Over the past few years, nutraceuticals are consumed as a preventive measure for chronic diseases such as cancer, diabetes, allergy, Alzheimer, cardiovascular, eye, immune, inflammatory and Parkinson's diseases, and obesity. For instance, Arthritis is a common disease which results in joint replacement surgery. Nutraceuticals are used as an alternative treatment for pathological manifestations of arthritic disease. The consumption of fish oils such as cod liver oil in the diet helps to prevent arthritic disease. Similarly, Alzheimer’s disease (AD), also known as primary degenerative dementia of the Alzheimer's type (PDDAT) is the most common form of dementia. Various nutraceuticals such as antioxidants like vitamin A & vitamin C, Gingko biloba, and Huperzine alpha are used to cure Alzheimer's disease.
Type Insights
The Europe nutraceuticals market is segmented on the basis of type as functional food, functional beverages, dietary supplements, personal care and pharmaceuticals. The functional food segment in the Europe nutraceuticals market is estimated to hold a leading share in the market, whereas the functional beverages segment is estimated to grow at the fastest rate. Functional beverages have originated from vegetable juices and herbs and also include coffee, cocoa, tea and other non-alcoholic drinks that prove to be not only nutritional but also have high medicinal qualities and serve to be effective to prevent diseases. The functional beverages have proven to be excellent, delivering means for bioactive compounds and nutrients, including plant extracts, antioxidants, fatty acids, fiber, probiotics, and prebiotics. The functional beverages include functional beverage market includes energy drinks, fortified juice, sports drinks, dairy and dairy alternative drinks, and others. The growing consumer's inclination toward non-alcoholic beverages and various health benefits associated with it has raised the demand for functional beverages in recent years.
Application Insights
The Europe nutraceuticals market is segmented on the basis of application as general wellness, beauty and anti-aging, weight management, digestive health, sports and energy. The general wellness segment accounts for the largest share in the Europe nutraceuticals market, while the sports and energy segment also contributes a significant share in the market. There has been a favorable growth in the application of Nutraceuticals in the healthcare and general wellness sector. Nutraceuticals are used in functional foods that help one provide with the necessary vitamins, carbohydrates and minerals for a perfectly balanced diet. The common forms of functional foods that contain Nutraceuticals are cereals, fermented food and legumes. The Nutraceuticals may be present in the form of rice, corn, sorghum, buckwheat and many others that are helpful in eliminating the risk of coronary heart diseases, lowering of blood pressure and also in tumor incidence. The introduction of Nutraceuticals has proven to be of great help in disease management. 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.
Strategic insights for the Europe Nutraceuticals 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.
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 59,269.6 Million |
Market Size by 2027 | US$ 108,044.7 Million |
Global CAGR (2019 - 2027) | 6.9% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Nutraceuticals 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.
EUROPE NUTRACEUTICALS MARKET SEGMENTATION
Nutraceuticals Market, by Type
Nutraceuticals Market, by Application
Company Profiles
The List of Companies-Europe Nutraceuticals Market
The Europe Nutraceuticals Market is valued at US$ 59,269.6 Million in 2018, it is projected to reach US$ 108,044.7 Million by 2027.
As per our report Europe Nutraceuticals Market, the market size is valued at US$ 59,269.6 Million in 2018, projecting it to reach US$ 108,044.7 Million by 2027. This translates to a CAGR of approximately 6.9% during the forecast period.
The Europe Nutraceuticals 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 Europe Nutraceuticals Market report:
The Europe Nutraceuticals Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Nutraceuticals Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Nutraceuticals Market value chain can benefit from the information contained in a comprehensive market report.