The Report “North America Minerals (Nutraceuticals) Market By Application (Functional food, Functional Beverages, Animal Feed, Dietary Supplements, Personal care ) and By Geography- Trends and Forecast upto 2019”, is estimated to reach $866.9 million by 2019, growing at a CAGR of 7.0% from 2014 to 2019.
Browse through the TOC of the North America Minerals (Nutraceuticals) Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Increasing incidences of lifestyle diseases, life expectancy, and inadequate nutrition intake have resulted in the growing demand of minerals. Nowadays, people are becoming more and more health conscious and shifting their focus towards the intake of healthy and nutritious food in order to fulfil the deficiency of major nutrients, such as minerals. Nutraceuticals are often defined as any food or part of food that provides health benefits, such as growth and enhances the body’s resistance power to combat against diseases.
Consumers in the North America region are consuming nutraceuticals supplements fortified with minerals in order to maintain vitality and wellness of health. U.S. is considered to be the most dominant region in the North American minerals market, occupying a market share of 55.6%. Rise in the number of ageing population in the country has led to increased health consciousness. In addition to this, varied health benefits associated with nutraceuticals products related to prevention of chronic diseases, improved health, delay in the aging process, and increased life expectancy has resulted in the adoption of these products, especially by the aging population. This drives the overall market for these ingredients in the North American region.
The minerals (nutraceuticals) market is segmented on the basis of application and geography. According to application, this market is classified into functional food, functional beverages, dietary supplements, animal nutrition, and personal care. Dietary supplement is the most dominant application of the minerals market. On the basis of geography, this market is categorized into major countries, such as the U.S., Canada, and Mexico.
This report highlights market share, value chain analysis, and market metrics, such as drivers and restraints. In addition to this, it also presents competitive landscape and company profiles of key players in North America minerals (nutraceuticals) market.
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