Nutraceuticals……What are they?
Nutraceuticals are products that provide nutritional benefits in addition to the basic nutritional value present in food. Nutraceuticals range in scope but in most cases are not regulated by the FDA bringing some backlash and instability in perceived benefits.
Nutraceuticals is a booming business
“According to a new market report published by Transparency Market Research “Nutraceuticals Market – Global Industry Analysis, Size, Share, Growth and Forecast, 2015 – 2021“, global nutraceuticals market was valued at US$165.62 billionin 2014 and is expected to reach US$278.96 billion by 2021, growing at a CAGR of 7.3% from 2015 to 2021. North America is expected to dominate the global nutraceuticals market in terms of demand over the forecast period.” Read More….