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North America Nutraceuticals Market By Type (Prebiotics, Probiotics, Proteins & Amino Acids, Fibers & Specialty Carbohydrates, Vitamins, Phytochemicals & Plant Extracts, Minerals, Carotenoids, Omega-3 Fatty Acids And Others) By Application (Animal Nutrition, Functional Food, Dietary Supplements, Functional Food Beverages And Personal Care), And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2022 to 2027)

Published: January, 2022
ID: 492
Pages: 145

North America Nutraceuticals Market Growth and Forecast (2022 - 2027):

North America Nutraceuticals Market valued USD 88.3 billion in 2021 and is estimated to reach USD 118.73 billion by 2026, growing at a CAGR of 6.1% in the forecast period of 2021 to 2026. North America held the largest share in 2016 with US as the leading market. Globally, North America generated the highest revenue in the nutraceuticals market in 2016. The market growth in this region is attributed to the growing consumer's awareness regarding their health and food habits. Dietary supplements and functional food is an emerging segment in the nutraceuticals market in this region. This market is anticipated to witness a high growth rate in the herbal, vitamins, and minerals segment of the dietary supplement market. 

Market Overview:

The word nutraceutical is made with the combination of “nutrient” (nourishing food component) and “pharmaceutical” (medical drug), it includes product obtained from food sources with added health benefits along with the basic food values. Disease prevention and boost in physical performance are the benefits taken from dietary supplement.   

Nutraceuticals have numerous values like their safety, potential nutritional and therapeutic values. Health improvement of people can be done through supplement food or by the consumption of food that is fortified. It also deals with the gut complications such as Crohn’s disease, ulcerative colitis, gluten therapy resistant celiac and irritable bowel syndrome that results from imbalance and overgrowth of intestinal microbial flora. 

Drivers and Restraints:

Demand of nutraceutical products is increasing because of lack in nutritional intake in regular food, underscoring the need for nutraceutical products. The key reasons driving the market have been the increase in lifestyle diseases all over the world and inadequate. Lack of awareness in the developing countries about these nutraceutical ingredients is restricting the growth of the market in those regions.

North America Nutraceuticals Market Segmentation Analysis:

The market is divided on the basis of types into prebiotics, probiotics, proteins & amino acids, fibers & 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.

Region Analysis:

Geographically the North America Nutraceuticals Market is segmented into US, Canada and Rest of North America.

Key Players in the Market:

Major Key Players in the North America Nutraceuticals Market are

  • E. I. du Pont de Nemours and Company
  • General Mills, Inc
  • Cargill, Royal DSM N.V
  • Groupe Danone S.A
  • BASF SE
  • 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 United States

                                6.3 Canada 

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              

 

  1. North America Nutraceuticals Market By Region, From 2022 - 2027 (USD Billion)
  2. North America Nutraceuticals Market By Type, From 2022 - 2027 (USD Billion)
  3. North America Prebiotics Market By Region, From 2022 - 2027 (USD Billion)
  4. North America Probiotics Market By Region, From 2022 - 2027 (USD Billion)
  5. North America Proteins & Amino Acids Market By Region, From 2022 - 2027 (USD Billion)
  6. North America Fibers & Specialty Carbohydrates Market By Region, From 2022 - 2027 (USD Billion)
  7. North America Vitamins Market By Region, From 2022 - 2027 (USD Billion)
  8. North America Phytochemicals & Plant Extracts Market By Region, From 2022 - 2027 (USD Billion)
  9. North America Minerals Market By Region, From 2022 - 2027 (USD Billion)
  10. North America Carotenoids Market By Region, From 2022 - 2027 (USD Billion)
  11. North America Omega-3 Fatty Acids Market By Region, From 2022 - 2027 (USD Billion)
  12. North America Other Nutraceuticals Type Market By Region, From 2022 - 2027 (USD Billion)
  13. North America Nutraceuticals Market By Application, From 2022 - 2027 (USD Billion)
  14. North America Animal Nutrition Market By Region, From 2022 - 2027 (USD Billion)
  15. North America Functional Food Market By Region, From 2022 - 2027 (USD Billion)
  16. North America Dietary Supplements Market By Region, From 2022 - 2027 (USD Billion)
  17. North America Functional Food Beverages Market By Region, From 2022 - 2027 (USD Billion)
  18. North America Personal Care Market By Region, From 2022 - 2027 (USD Billion)
  19. United States Nutraceuticals Market By Type, From 2022 - 2027 (USD Billion)
  20. United States Nutraceuticals Market By Application, From 2022 - 2027 (USD Billion)
  21. Canada Nutraceuticals Market By Type, From 2022 - 2027 (USD Billion)
  22. Canada Nutraceuticals Market By Application, From 2022 - 2027 (USD Billion)

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