Allied Market Research published a report, titled, “Nutraceutical Ingredients Market by Type (Probiotics, Vitamins, Minerals, Proteins, Dietary Fibers, Others), by Form (Dry, Liquid), by Application (Dietary supplements, Functional Food and Beverage, Animal Nutrition, Others): Global Opportunity Analysis and Industry Forecast, 2022-2031.” According to the report, the global nutraceutical ingredients industry generated $163.9 billion in 2021, and is estimated …
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Nutraceutical Ingredients Market Growing At a CAGR of 7.3%, is Projected to Reach $327.3 Billion By 2021 to 2031
The global Nutraceutical Ingredients Market size was valued at $163.9 billion in 2021, and is projected to reach $327.3 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031. Growing customer preference for natural goods is a significant element impacting market expansion. The demand for nutraceuticals is expanding as a result of consumers’ rising concerns …