According to our latest research, “US Nutraceuticals Market Analysis”, US represent world’s largest and one of the fastest growing nutraceutcial markets. Increasing awareness on health, surging healthcare expenditure, fast pace disease prevalence are fuelling the growth of the industry. The industry was almost immune to the economic crisis and showed tremendous resilience. The report further revealed that nutraceutical market will register around 8% CAGR growth during 2011-2015, which will position US as one of the most preferred region for industry investments and business execution.
The research identified that dietary supplements and vitamins markets had witnessed tremendous consumer response and experienced rapid market expansion during the last few years. Consumers in the US are concerned about improving their health, and are purchasing more nutritious foods. Two-thirds of the Americans consider themselves overweight, and prevalence of cardiovascular and chronic diseases is also one of the highest in the world, which further generates enormous business opportunities for market players.
Moreover, at the regional front, the market is still recognized as largely untapped in various states of the country. Not only in urban areas but also in rural parts of the country, the consumers are showing phenomenal interest in Nutraceutical products’ information and consumption. States including California, Wyoming, Texas, New Mexico, Wisconsin, and South Dakota have shown tremendous market potentials and are considered as the most attractive investment destination for nutraceutical business.
Our report, “US Nutraceuticals Market Analysis”, is authored to evaluate future market potentials of US nutraceutical industry and its segments. The report provides extensive research and analysis on overall market and covers all prominent segments including dietary supplements, functional foods, and vitamins. Apart from providing information on current market developments and market trends, it also provides segment-wise forecasts based on correlation of past drivers, challenges, and opportunities for expansion; thus enabling clients to access projected market trends and take informed decisions. In addition, the report also includes brief business description of prominent players operating in the industry which will facilitate understanding of competitive landscape scenario in the sector.
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
Article By: Shushmul Maheshwari