U.S. Nutraceuticals Market Size, Scope, Share, Opportunity and Forecasts

 

  Nutraceuticals and dietary supplements are natural-source products with alleged health benefits that have become widely available in the last two decades. It has been difficult to define these products. Nutraceuticals are generally regarded as supplements with health benefits that go beyond their basic nutritional value, as they not only supplement the diet but also contribute to the prevention and/or treatment of a disease or disorder, whereas dietary supplements do not. However, due to efficacy and safety concerns, these types of products are frequently met with skepticism, in part due to the well-documented lack of regulation and oversight in the nutraceuticals sector.

  Nutraceuticals found in functional foods include fibers and oligosaccharides, which help to prevent cancer and lower cholesterol levels in the body. Functional foods are known to be high in proteins, which aid in the improvement of the body's immune response. Nutraceuticals also help to improve and maintain the body's functional aspects, such as bone strength, dental health, the digestive system, cardiovascular system, immune system, and digestive system.

  The U.S. Nutraceuticals Market is classified according to the application as general wellness, beauty and anti-aging, weight management, digestive health, sports, and energy drinks. The U.S. Nutraceuticals Market is dominated by general wellness. In recent years, the general wellness market has grown at an alarmingly fast rate. Because of the growing awareness of nutritional and medicinal benefits, people are increasingly inclined to consume dietary supplements in a wide variety.

  Nutraceuticals are extremely versatile in nature, as they are used in a variety of industries including pharmaceuticals, food and beverage additives, animal feed additives, and personal care. Recent advancements and discoveries of function-specific antioxidants are expected to open up new opportunities in this burgeoning industry. Nutraceutical products are a modern-day necessity.

  The market is expected to grow significantly during the forecast period, owing to an increase in demand for preventive healthcare and an increase in medical treatment, both of which stimulate demand for nutraceutical-containing products. However, high R&D investment is expected to stifle growth in the US Nutraceuticals Market.