SOURCE: MarketResearch.com

MarketResearch.com

August 15, 2011 11:08 ET

Nutraceuticals Market to Reach $207 Billion by 2016

ROCKVILLE, MD--(Marketwire - Aug 15, 2011) - MarketResearch.com has announced the addition of the new report "Nutraceuticals: Global Markets and Processing Technologies" to their collection of Food market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6481994

Food companies, already under intense competitive pressure in the traditional food segment, are looking at the functional food, beverage, and supplement market for help. Though the nutraceuticals industry is less than 10% of the total food industry, the market offers significant growth opportunities and wider profit margins. There is a lack of clear categorization in the nutraceuticals market, and some food companies tend to neglect important categories that are doing well as functional foods. This report provide a single comprehensive geographic breakdown of the nutraceuticals market in terms of ingredients, applications, products, and technology.

This study intends to provide an in-depth analysis of the functional FBS market. It can be used by any existing or new player as a market guide to formulate corporate or operational strategies.

The report is a full breakdown of the overall nutraceuticals market, including the specific functional food, beverage, and supplement markets. It contains a detailed assessment of seven bioactive ingredients, 18 food product categories, eight application areas, and four geographic areas, thereby providing comprehensive market estimates for more than 1,200 market subsegments.

The global nutraceuticals market is estimated at about $151 billion in 2011. By 2016, it is estimated to reach nearly $207 billion, a projected compound annual growth rate (CAGR) of 6.5% between 2011 and 2016.

Functional beverages market is expected to experience the highest growth, at a compound annual growth rate (CAGR) of 8.8% during the 5-year period from 2011 to 2016. This sector is expected to be worth $57 billion in 2011 and nearly $87 billion in 2016.

Nutraceutical food market is the second largest market, generating an estimated $49 billion in 2011. This should reach $67 billion in 2016, for a CAGR of 6.4%.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6481994

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