September 07, 2011 09:08 ET

Nutraceuticals Market to Grow 8% Annually Through 2015

ROCKVILLE, MD--(Marketwire - Sep 7, 2011) - has announced the addition of the new market intelligence report "US Nutraceuticals Market Analysis" to their collection of Functional Foods & Beverages market research. For more information, visit

The U.S. has been world top nutraceutical market from the inception. A large consumer base with one of the world's highest spending power boosted nutraceutical market revenue growth. The government is striving hard to reduce its healthcare expenditure which was measured at US$ 2.6 Trillion in 2010 and expected to soar to US$ 3.4 Trillion by 2015. Nutraceuticals, recognized as potential source of cost containment amid their preventive medicine and self-treatment substance tag, is being targeted by both public as well as private sector entities which will help the industry to grow dynamically in the coming years.

According to the report "US Nutraceuticals Market Analysis" nutraceuticals markets are one of the fastest growing industries in the U.S. and remained almost immune even in the tough post recessionary scenarios. A number of federal policies and acts served as catalysts for the market growth and are expected to drive future market developments. The adoption of the nutraceutical products and its holistic application as preventive care supplements will open widespread market opportunities for the sector which is poised to grow at around 8% CAGR during 2011-2015.

Further, the segment level research has revealed that dietary supplements and vitamins markets have been witnessing tremendous consumer response and experienced rapid market expansion during the last few years. Consumers in the U.S. are concerned about improving their health, and are purchasing more nutritious foods. Two-thirds of Americans consider themselves overweight, and the prevalence of cardiovascular and chronic diseases is also one of the highest in the world which further generates enormous business opportunities for medical market players.

"US Nutraceuticals Market Analysis" evaluates the future market potentials of the U.S. nutraceutical industry and its segments. The report provides extensive research and analysis on the overall market and all prominent segments including dietary supplements, functional foods, and vitamins. Apart from providing information on current market developments and market trends, the report also provides segment-wise forecasts based on correlation of past drivers, challenges, and opportunities for expansion, thus enabling clients to access projected market trends and make informed decisions.

For more information, visit

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