Nutraceuticals and Natural Medicine

Marketing and Regulatory Issues for Nutraceuticals

According to a new technical market research report, Nutraceuticals: global markets and processing technologies (FOD013C) from BCC Research, the global market for nutraceuticals was worth $117.3 billion in 2007. In 2007, nutraceutical supplements have the second largest market share, generating $39.0 billion. This segment should reach $48.8 billion in 2013, for a CAGR of 3.8%.The nutraceutical beverages segment represents the fastest growing segment and is expected to have the largest share of the market by 2013. This segment was worth $38.4 billion in 2007 and is expected to increase to and $71.3 billion in 2013, for a CAGR of 10.8%.The global nutraceutical market is defined as aggregate sales of functional food, beverage and supplements fortified with bioactive ingredients including fiber, probiotics, protein and peptides, omega, phytochemicals and vitamins and minerals. Currently, foods, supplements, and beverages equally contribute about 33% each to the total global nutraceutical market.

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