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Nutraceutical Market Share

Report ID: GMI5297
Published Date: Jun 2023
Report Format: PDF

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Nutraceutical Market Share

Some of the leading enterprises operating in the nutraceutical market include:

Amway Corporation
Herbalife International of America, Inc.
Kraft Heinz
Kellogg’s
Agro Tech
PepsiCo
Nestle S.A.
Abbott
Danone
Zesty Paws
Nutramax Laboratories, Inc.
Charlotte's Web
HempFlax Group BV.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Market size for nutraceutical exceeded USD 423 billion in 2022 and is poised to depict over 4.5% CAGR from 2023 to 2032 owing to the rising incidence rate of metabolic ailments globally.

Demand for powdered nutraceuticals is expected to witness over 4.5% CAGR from 2023-2032 attributed to their growing consumer preference due to their convenience, versatility, and ease of use.

North America accounted for more than 38% of the nutraceutical industry revenue share in 2022 and is poised to record lucrative gains through 2032 driven by the rising consumer spending on plant-derived products.

Some top enterprises operating in the global nutraceutical industry are Amway Corporation, Herbalife International of America, Inc., Kraft Heinz, Kellogg’s, Agro Tech, PepsiCo, Nestle S.A., Abbott, Danone, Zesty Paws, Nutramax Laboratories, Inc., Charlotte's Web, and HempFlax Group BV.