US Nutraceuticals Market Size, share, Industry Growth, Future Prospects, Opportunities, Forecast 2020-2026


Posted September 25, 2020 by preetipandey

The US nutraceuticals market is projected to grow at a CAGR of 6.7% during the forecast period

 
The US nutraceuticals market is projected to grow at a CAGR of 6.7% during the forecast period. The shift towards preventive therapies and increasing disposable income tend to drive the growth of the market. Further, the increasing demand for nutraceuticals in the US owing to its increasing medical benefits drives market growth. Moreover, owing to the recent COVID-19 pandemic, the dietary supplements industry has seen a surge among consumers in the market in order to boost immunity. This surge in the dietary supplements in the country tends to drive the overall nutraceuticals market in the country.
Get Free Sample Copy @ https://www.omrglobal.com/request-sample/us-nutraceuticals-market
The US nutraceuticals market is segmented on the basis of product type and distribution channels. Based on the product type, the market is segmented into functional food, functional beverage, and dietary supplements. The functional food segment is projected to hold a significant share in the market owing to the availability and increased awareness about a wide range of functional food in the market. Based on the distribution channel, the market is segmented into retail & supermarkets and online platform. The online distribution channel tends to exhibit significant growth during the forecast period.
Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/us-nutraceuticals-market
Some of the prominent players operating in the US nutraceuticals market include Amway Corp., Archer Daniels Midland Co., Cargill, Inc., W.R. Grace & Co., The Kraft Heinz Co., and The Hain Celestial Group, Inc., among others. These are the key companies adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the US nutraceuticals market.
Market Segmentation
US Nutraceuticals Market by Product Type
• Functional Food
• Functional Beverage
• Dietary Supplements
US Nutraceuticals Market by Distribution Channel
• Retail & Supermarket
• Online Platform
Company Profiles
Abbott Laboratories Inc. (Abbott Nutrition)
• Overview
• Abbott in Nutraceuticals Landscape
• Recent Developments
• Archer Daniels Midland Co.
• Amway Corp.
• Bactolac Pharmaceuticals, Inc.
• Cargill, Inc.
• DuPont de Nemours, Inc.
• General Mills Inc.
• Innophos Inc.
• Mead Johnson & Co. LLC
• Natrol LLC
• PepsiCo Inc.
• The Hain Celestial Group, Inc.
• The Kraft Heinz Co.
• WR Grace & Co.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-nutraceuticals-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +91 780-304-0404
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Preeti
Country India
Categories Business
Tags us nutraceuticals market
Last Updated September 25, 2020