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New York, Jan. 28, 2021 (GLOBE NEWSWIRE) -- The nutraceutical products market was valued at USD 270.96 Billion in the year 2019 and has been projected to rise at a CAGR of 7.1% from 2020 to 2027. Nutraceutical products are mainly a part of food that delivers several nutritional values to the diet. It is also considered as functional foods, containing pharmaceutical-grade and standardized nutrients. These supplements are the source of dietary supplements and work towards preventing diseases. People globally are becoming more inclined towards diverse food and beverage types, having added various nutritional supplements; thus, nutraceutical products are gaining traction.

Globally, various nutraceutical products are gaining immense popularity, becoming a part of the daily diet of consumers. The rising prevalence of various lifestyle diseases and the growing number of people taking numerous preventive healthcare measures are stimulating demand in the industry. Increasing utilization of a wide range of functional food and beverages by the young population is further augmenting the markets growth over the estimated era. High technological progress in the area of nutraceutical products is also contributing to the industrys development. A trend of personalized medicine is likely to trigger demand for nutraceutical products.Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/2421

The market for nutraceutical products is primarily fueled by factors such as rising awareness about health among the aging population, increasing costs of health care, diet-disease links, and fast advancements in nutrition and food technology. Currently, various health concerns, including cardiovascular disease, cholesterol reduction, and osteoporosis, are attractive targets for a range of nutraceutical products, followed by high blood pressure, menopause-related ailments, child development, diabetes, GI disorders, and lactose intolerance.

Further key findings from the report suggest

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Segments covered in the report:

This report forecasts revenue growth at global, regional & country levels, and provides an analysis of market trends in each segment and sub-segment from 2017 to 2027. For the purpose of this study, Reports and Data has segmented the nutraceutical products market on the basis of source, product, distribution channel, and region:

Source Outlook (Revenue, USD Million; 2017-2027)

Product Outlook (Revenue, USD Million; 2017-2027)

Distribution Channel Outlook (Revenue, USD Million; 2017-2027)

Click on the link to read key highlights of the report and look at projected trends for years to come: https://www.reportsanddata.com/report-detail/nutraceutical-products-market

Regional Outlook (Revenue, USD Million; 2017-2027)

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Nutraceutical Products Market Size To Reach USD 461.70 Bn By 2027 | Growing Demand for Fortified Food Owing to the Increasing Health Consciousness...

This entry was posted on January 31, 2021 at 2:46 am and is filed under Personalized Medicine. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed. |