The global nutraceuticals market size was USD 284.8 billion in 2022 and is projected to reach USD 464.5 billion in 2032, and register a revenue CAGR of 5.4% during the forecast period. Increasing prevalence of chronic diseases, rising demand for functional foods, and consumer health consciousness are major factors driving market revenue growth. A wide range of items, including dietary supplements, functional foods, and drinks, are available on the nutraceuticals market. With a growing understanding of the connection between food and illness prevention, consumers are increasingly turning to nutraceuticals to enhance their overall health and wellness.
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