TOP 10 COMPANIES IN NUTRACEUTICAL PRODUCTS MARKET

 

 

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The Nutraceutical Products Market is set to experience robust growth, with a projected Compound Annual Growth Rate (CAGR) of 7.8% from 2023 to 2030, ultimately reaching an impressive $691.87 billion by 2030. This growth is fueled by various factors, including the increasing demand for nutrition-enriched products, a surge in the popularity of functional beverages, a rising geriatric population with a higher prevalence of chronic diseases, and continuous innovation and new product developments. However, the market faces challenges, particularly the high cost of nutraceutical products, which is anticipated to hamper growth.

Top 10 Companies Shaping the Nutraceutical Products Market: https://meticulousblog.org/top-10-companies-in-nutraceutical-products-market/

 

  1. Abbott Laboratories (U.S.)
    • Overview: Abbott Laboratories, established in 1888, is a healthcare product pioneer based in Illinois, U.S.
    • Key Products: Nutraceutical offerings include EleCare, Ensure, Glucerna, PediaSure, and Similac.
  1. Amway Corporation (U.S.)
    • Overview: Founded in 1959, Amway is a leading multilevel marketing company based in Ada, Michigan, U.S.
    • Key Products: Nutraceutical products are part of Amway's Nutrition segment, offering a diverse range.
  1. Conagra Brands, Inc. (U.S.)
    • Overview: Established in 1919, Conagra Brands specializes in processed and packaged foods, with a global presence.
    • Key Brands: Birds Eye, Healthy Choice, Marie Callender’s, and others offer nutritional products.
  1. Danone S.A. (France)
    • Overview: Danone, founded in 1919 and headquartered in Paris, focuses on dairy and nutritional products.
    • Key Brands: Actimel, Activia, Alpro, and more contribute to Danone's functional food and beverage portfolio.
  1. General Mills Inc (U.S.)
    • Overview: General Mills, founded in 1928, is a prominent player in branded consumer foods.
    • Key Brands: Notable offerings include Annie’s, Betty Crocker, Cheerios, Nature Valley, and Yoplait.
  1. Glanbia plc (Ireland)
    • Overview: Established in 1997, Glanbia is a key player in nutritious product manufacturing.
    • Key Products: Protein bars, beverages, and various nutritious items are part of Glanbia's portfolio.
  1. Herbalife Nutrition, Ltd (U.S.)
    • Overview: Founded in 1980, Herbalife Nutrition focuses on weight management, healthy meals, and targeted nutrition.
    • Product Categories: Weight Management, Targeted Nutrition, Energy, Sports and Fitness, Outer Nutrition, and Literature.
  1. International Flavours & Fragrances Inc. (U.S.)
    • Overview: IFF, founded in 1958, operates in food, beverage, health, biosciences, and sensory experiences.
    • Segments: Nutraceutical products are provided through Health & Biosciences and Nourish segments.
  1. Kellogg Company (U.S.)
    • Overview: Established in 1906, Kellogg Company is a major player in ready-to-eat cereals and convenience foods.
    • Segments: Snacks, Cereal, Frozen, and Noodles & Other contribute to Kellogg's diverse product range.
  1. Nestlé S.A. (Switzerland)
    • Overview: Nestlé, founded in 1866, is a global giant in food product manufacturing.
    • Brands: Nestlé's functional food and beverages include Gerber, Milo, Nesquik, and Vital Proteins.

 

Insights and Future Outlook: Meticulous Research predicts a growth rate of 7.8% in the Nutraceutical Products Market from 2023 to 2030. For a more in-depth analysis, including recent financial performance, key products, company strategies, and partnerships, refer to Meticulous Research®’s comprehensive report, "Nutraceutical Products Market – Global Opportunity Analysis and Industry Forecast (2023-2030)." This report provides global market size estimates, revenue analysis, and coverage of key industry trends. For additional information, contact Meticulous Research®

 

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