(Food-Beverage-News.Com, July 19, 2017 ) It can attribute to the factors such as increase in lifestyle diseases all over the world and inadequate nutrition is driving the market. In developing nations, mortality because of nutrition related factors is high because of lack in nutritional intake in regular food, underscoring the need for nutraceutical products. Consumers have shifted from synthetic supplements to organic or natural ingredients which are obtained from non-Genetically Modified Organisms. Unawareness among people in the developing countries about these nutraceutical ingredients is constraining the growth of the market in those regions.
The broad spectrum term nutraceutical describes product obtained from food sources with additional health benefits along with the basic food values. Consumers take dietary supplement to improve physical performance and also for disease prevention.
Nutraceuticals have received substantial interest due to their safety, therapeutic values and potential nutritional. Along with just providing nutrients, it deals with the gut complications as well such as, ulcerative colitis, irritable bowel syndrome and Crohn’s disease.
Europe Nutraceuticals Market is segmented based on Type and Application as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Europe is the third largest market for nutraceuticals in the world, after North America and Asia- Pacific. In Europe increase in health conscious population who prefers healthy functional food, food supplements and beverages is driving the market. Germany, Sweden and Netherlands have proceeded as the key nutraceutical innovation hubs in Europe, while Spain and United Kingdom have proceeded as the key test markets for new products, with the European consumers seeking energy providing products that promote strong bones, healthy teeth, prevent digestive health issues, lower cholesterol and boost immune system.
General Mills, Inc., E. I. du Pont de Nemours and Company, Royal DSM N.V., Cargill, Incorporated, Groupe Danone S.A., Archer Daniels Midland Company and BASF SE are the major players operating in the Europe Diagnostic Imaging Market.
The majority of the nutraceuticals market share in Europe is under the large players. These market giants are trying to raise their market through various market strategies, such as technological advancement, nutraceutical innovation, mergers, acquisition, partnership, categories expansion and market expansion.
The Nutraceuticals Market study offers the following deliverables: • Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries • Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis • Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics • Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porter’s Five Forces Analyses • Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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