Nutraceutical ingredients market worth $38.7 billion by 2020
The nutraceutical ingredients market is projected to be worth $38.7 billion by 2020 with a compound annual growth rate of 7.2 percent, according to a new report from analysts MarketsandMarkets.
The report, “Nutraceutical Ingredients Market by Type (Pre & Probiotic, Protein, Mineral, Vitamin, Carotenoid, Fiber, Phytochemical), Application (Food, Dietary Supplement, Animal Nutrition, Personal Care), Health Benefits & by Region - Global Trends & Forecast to 2020,” defines and segments the global market on the basis of various types, applications, health benefits, and regions, with analysis and projections of the market size of each of these segments in terms of value and volume.