(Food-Beverage-News.Com, October 17, 2017 ) The European Nutraceuticals Market is projected to grow at a rate of 5.9%, with France leading the market. The Nutraceuticals Market is expected to witness an increase in the overall revenue. This market was at USD 11.52 billion in 2016.
The region is the third largest market for nutraceuticals in the world, after North America and Asia- Pacific. The market has a demand for advanced nutraceutical products, which can provide visible benefits on consumption. The reason for the European market growth being restrained is its stringent regulatory approval procedures and high-cost of research and product development, which, in turn, increases the price of the products.
Market Segmentation
By application, dietary supplements are the largest segment, which holds XX% of the total nutraceutical application in Europe. This is followed by functional food and functional beverage, which hold XX%, and XX% share, respectively.
Investment Opportunities
Algal-based omega-3 fatty acids and natural plant extracts are the new trend in the nutraceutical market; omega3 is one of the most consumed nutraceuticals, due to its association with many disease preventions and treatments, such as thrombosis, atherosclerosis, cancers, arthritis, etc. Many global players in functional food and beverages are now trying to invest in algal-based omega-3 fatty acids (EPA and DHA) production and supply in the European Market. As per market estimation, the algal-based omega 3fatty acid market in Europe will reach USD XX billion, by 2022.
Competitive Environment
The European nutraceuticals market is competitive with many market giants, such as ADM, DuPont, Cargill, Inc., Royal DSM, and BASF SE. These large players are holding the majority of the nutraceuticals market share in Europe. These market giants are trying to increase their market through various market strategies, such as nutraceutical innovation, technological advancement, partnership, mergers, acquisition, market expansion and categories expansion.
Key Deliverables in the Study
· Market analysis for the Europe nutraceutical market, with region-specific assessments and competition analysis on country scale.
· Market definition along with the identification of key drivers and restraints.
· Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
· Extensively researched competitive landscape section with profiles of major companies, along with their market share.
· Identification and analysis of the macro and micro factors at a regional level.
· A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
· A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
· Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.
· 4.1.1 Growing Demand for Nutritional Diets in European Countries
· 4.1.2 Broad Application Scope and Consumer Awareness of Nutraceutical Products
· 4.2 Constraints
· 4.2.1 Ununified Regulatory Guidelines in European Countries
· 4.2.2 Strict Regulations for Nutraceuticals in Food Fortification
· 4.3 Opportunities
· 4.3.1 Increasing Scope of Innovation and Organic Nutraceutical Ingredients
· 4.4 Porter's Five Forces Analysis
· 4.4.1 Bargaining Power of Suppliers
· 4.4.2 Bargaining Power of Buyers
· 4.4.3 Threat of New Entrants
· 4.4.4 Threat of Substitute Products and Services
· 4.4.5 Degree of Competition
5. Market Segments
· 5.1 By Type
· 5.1.1 Probiotics
· 5.1.2 Omega 3 & Structured Lipids
· 5.1.3 Minerals
· 5.1.4 Pre biotics
· 5.1.5 Phytochemicals and Plant Extracts
· 5.1.6 Vitamins
· 5.1.7 Fibers and Speciality Carbohydrates
· 5.1.8 Proteins
· 5.2 By Application
· 5.2.1 Fuctional Food
· 5.2.2 Fuctional Beverage
· 5.2.3 Dietry Supplements
· 5.2.4 Others
· 5.3 By Geography
· 5.3.1 Germany
· 5.3.2 France
· 5.3.3 Italy
· 5.3.4 Spain
· 5.3.5 United Kingdom
· 5.3.6 Russia
· 5.3.7 Others
6. Competitive Landscape
· 6.1 Most Active Companies
· 6.2 Market Share Analysis
· 6.3 Most Adaopted Market Strategies
7. Company Profiles
· 7.1 Archer Daniels Midland (ADM)
· 7.2 Bayer Healthcare AG
· 7.3 BASF
· 7.4 Cargill
· 7.5 Danisco
· 7.6 Groupe Danone
· 7.7 Dean Foods
· 7.8 General Mills
· 7.9 Herbal Life
· 7.10 Ingredion
· 7.11 Johnson & Johnson
· 7.12 Kelloggs
· 7.13 Lallemand Health Co. Limited
· 7.14 Nestle Professional
· 7.15 Royal DSM
· 7.16 Chr. Hansen Holding
· 7.17 Yakult Honsha Co. Limited
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