The Europe nutraceuticals market valued USD 41.95 billion in 2018 and is estimated to reach USD 58.5 billion by 2023, growing at a CAGR of 6.88% in the forecast period of 2016 to 2021. In Europe increase in health conscious population who prefers food supplements, healthy functional food and beverages is driving the market. Germany, Netherlands and Sweden have emerged as the key nutraceutical innovation hubs in Europe, while United Kingdom and Spain have emerged as the key test markets for new products, with the European consumers demanding energy providing products that promote healthy teeth, strong bones, prevent digestive health issues, boost immune system and lower cholesterol.
The broad spectrum term nutraceutical describes product obtained from food sources with added health benefits along with the basic food values. Consumers take dietary supplement to boost physical performance and also for disease prevention.
Nutraceuticals have received substantial interest due to their safety, potential nutritional and therapeutic values. Along with just providing nutrients, it deals with the gut complications as well such as, Crohn’s disease, ulcerative colitis, and irritable bowel syndrome.
Increase in lifestyle diseases all over the world and inadequate nutrition are driving the market. In developing nations, mortality because of nutrition related factors is high because of lack in nutritional intake in regular food, underscoring the need for nutraceutical products. Consumers have shifted from synthetic supplements to natural or organic ingredients which are obtained from non-Genetically Modified Organisms. Unawareness among people in the developing countries about these nutraceutical ingredients is restricting the growth of the market in those regions.
The market is divided on the basis of types into prebiotics, probiotics, proteins & amino acids, fibres & specialty carbohydrates, vitamins, phytochemicals & plant extracts, minerals, carotenoids, Omega-3 fatty acids and others. Based on application the market is further segmented into animal nutrition, functional food, dietary supplements, functional food beverages and personal care. Dietary supplements segment leads the application market while photochemical & plant extracts is the fastest growing division.
Leading companies manufacturing nutraceuticals are E. I. du Pont de Nemours and Company, General Mills, Inc., Cargill, Royal DSM N.V., Groupe Danone S.A., Incorporated, BASF SE and Archer Daniels Midland Company.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Type
5.1.1 Prebiotics
5.1.2 Probiotics
5.1.3 Proteins & Amino Acids
5.1.4 Fibers & Specialty Carbohydrates
5.1.5 Vitamins
5.1.6 Phytochemicals & Plant Extracts
5.1.7 Minerals
5.1.8 Carotenoids
8.1.9 Omega-3 Fatty Acids
8.1.10 Other Nutraceutical Type
5.2 By Application
5.2.1 Animal Nutrition
5.2.2 Functional Food
5.2.3 Dietary Supplements
5.2.4 Functional Food Beverages
5.2.5 Personal Care
6. Geographical Analysis
6.1 Introduction
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 E. I. du Pont de Nemours and Company
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 General Mills
8.3 Cargill
8.4 Royal DSM N.V.
8.5 Groupe Danone S.A.
8.6 BASF SE
8.7 Archer Daniels Midland Company
8.8 PepsiCo Inc.
8.9 Aland Nutraceutical Co. Ltd.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
