Lifeist Wellness Inc V.LFST

Nutraceuticals

[SweetSweetLove]

Nutraceutical Products Market Size To Reach USD 461.70 Bn By 2027 | Growing Demand for Fortified Food Owing to the Increasing Health Consciousness Amongst Consumers will be the Major Factor Driving the Industry Growth, says Reports and Data Reports and Data January 28, 2021, 6:51 am Leading vendors in the sector are The Hain Celestial Group (U.S.), Kraft Heinz Company (U.S.), Conagra (U.S.), Kellogg’s (U.S.), General Mills (U.S.), Nestl (Switzerland), Amway (U.S.), Nature’s Bounty (U.S.), Freedom Food Group Limited (Australia), and Pfizer Inc. (U.S.). 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 market’s growth over the estimated era. High technological progress in the area of nutraceutical products is also contributing to the industry’s development. A trend of personalized medicine is likely to trigger demand for nutraceutical products https://finance.yahoo.com/amphtml/news/nutraceutical-products-market-size-reach-145100443.html