Nutraceuticals Market To Surpass USD 437650.0 Million Valuation By 2030 At 7.90% CAGR Report By Market Research Future (MRFR)

Nutraceuticals Market To Surpass USD 437650.0 Million Valuation By 2030 At 7.90% CAGR Report By Market Research Future (MRFR)

NEW YORK, USA, October 25, 2022 (GLOBE NEWSWIRE) -- Market Watch

According to the Global Market Research Future ( MRFR ) report "Understanding the Food Market by Type , Source, Form, Distribution Channel and Region - Forecast to 2030 ", the market size is expected to exceed US$43,765 million by 2030. 2030. The report predicts that the market will prosper with a healthy CAGR of over 7.90% during the forecast period.

Market Review

Nutraceuticals can influence metabolic disorders and related complications, causing various biochemical and clinical effects. Multivitamins are one of those nutrients that are most important for a consumer's lifestyle. The demand for nutrients for general health is on the rise. In some parts of the world, there are many people with metabolic problems. Nutraceuticals are products that are classified as food and are used for medical purposes. They are called bioactive because they are made from food and food products. Nutraceuticals come in many forms and serve different purposes.

These products are not regulated in many parts of the world as they are considered dietary supplements or supplements. Products made using nutritious products are in high demand. Increasing knowledge of the health benefits associated with the use of nutrition and nutritional supplements is the main reason for the increase in demand for these products. It is also said that the increase in the participation of athletes in sports competitions at the national and international levels will increase the demand for functional drinks. The market for functional foods is primarily driven by urbanization, rising health care costs, obesity, chronic diseases, and cardiovascular problems. Omega fatty acids are found in abundance in functional foods, they promote blood circulation and weight control.

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