The global nutraceutical market was $142.1 billion in 2011 and is expected to reach $204.8 billion by 2017, growing at a rate of 6.3 percent, according to a study from Transparency Market Research. According to the study, Nutraceuticals Product Market: Global Size, Segment and Country Analysis & Forecasts (2007-2017), the Asia-Pacific market (including Japan) is expected to have the second-largest market share after North America by 2017.
In 2011, the functional food and beverage market reached $93 billion, registering a growth rate of 6 percent from 2007 to 2011. North America enjoyed the highest market share for nutraceutical products at $56.4 billion in 2011.