The nutraceuticals industry is experiencing rapid growth, driven in large part by innovations in ingredients and formulations. Nutraceuticals are defined as products derived from food sources that have additional health benefits beyond basic nutrition.
One of the key drivers of growth in the nutraceuticals industry is the increasing demand for natural and safe products that can help support health and wellness. This demand is leading to the development of new ingredients and formulations that can deliver specific health benefits.
For example, there is growing interest in plant-based ingredients such as turmeric, ginger, and ashwagandha, which are believed to have anti-inflammatory and anti-oxidant properties. These ingredients are being incorporated into new nutraceutical products such as powders, capsules, and functional foods.
Another area of innovation in the nutraceuticals industry is in the development of specialized formulations. These formulations are designed to target specific health needs, such as joint health, cognitive function, and digestive health.
For example, there are now nutraceutical products that combine ingredients such as glucosamine and chondroitin for joint health, or probiotics and prebiotics for digestive health. These specialized formulations are seen as a way to provide targeted health benefits and meet the growing demand for natural and safe alternatives to traditional pharmaceuticals.
The market for nutraceuticals is also being driven by the growing interest in personalized nutrition. With the rise of genetic testing and other personalized health technologies, there is increasing interest in products that can be tailored to an individual’s specific health needs and genetic profile.
Overall, the nutraceuticals industry is experiencing strong growth, driven in large part by innovations in ingredients and formulations. With their potential to support health and wellness, nutraceuticals are becoming an increasingly important part of the global healthcare landscape.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Everest Market Insights journalist was involved in the writing and production of this article.