Market revenue in 2023 | USD 88,377.4 million |
Market revenue in 2030 | USD 146,505.5 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Probiotics |
Fastest growing segment | Probiotics |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Aloe vera, Amino acids, Botanical Ingredients, Cannabidiol, Carbohydrates, Carnitine, Food Color, Carotenoids, Spirulina, Collagen, Colostrum, Cultures and fermentation starters, Dairy ingredients, Emulsifiers, Enzymes, Essential oils, Fat replacers, Fats and oils, Fibres, Flavours, Fruit and vegetable products, Glucosamine / Chondroitin, Isoflavones, Juices and concentrates, Krill, Lipids / Fatty Acids, Marine ingredients, Minerals, Omega-3s, Prebiotics, Probiotics, Proteins, Sweeteners, Vitamins, Whey proteins |
Key market players worldwide | DSM, Alticor Corporate Enterprises, Pfizer Inc, Nestle SA, The Kraft Heinz Co, The Hain Celestial Group Inc, Nature's Brands, General Mills Inc, Danone SA, Tyson Foods Inc Class A |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nutraceuticals market will help companies and investors design strategic landscapes.
Probiotics was the largest segment with a revenue share of 33.31% in 2024. Horizon Databook has segmented the U.S. nutraceuticals market based on aloe vera, amino acids, botanical ingredients, cannabidiol, carbohydrates, carnitine, food color, carotenoids, spirulina, collagen, colostrum, cultures and fermentation starters, dairy ingredients, emulsifiers, enzymes, essential oils, fat replacers, fats and oils, fibres, flavours, fruit and vegetable products, glucosamine / chondroitin, isoflavones, juices and concentrates, krill, lipids / fatty acids, marine ingredients, minerals, omega-3s, prebiotics, probiotics, proteins, sweeteners, vitamins, whey proteins covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. consumers are extremely health-conscious and demand specific ingredients in nutraceutical products they consume, resulting in a need for customization of nutraceuticals for each target group. Companies in the U.S. are looking to diversify their products and are leaning more toward natural nutraceutical ingredients in their product offerings, mainly due to the increasing consumer demand for all-natural, non-modified functional ingredients.
Increasing demand for sports nutrition products among working professionals in the U.S. for maintaining muscular strength is expected to promote the consumption of dietary supplements. Furthermore, new product developments and attractive internet campaigns by Amway and Herbalife in the U.S. are expected to amplify the demand for nutraceutical products, particularly dietary supplements, in the near future.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. nutraceuticals market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nutraceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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