The Nutraceutical Products Market is slated to register a CAGR of 7.8% from 2023–2030 to reach $691.87 Billion by 2030. The steady growth of this market is attributed to the growing demand for nutrition-enriched products, rising demand for functional beverages, increasing geriatric population and prevalence of chronic diseases, and growing innovations and new product developments. However, the high cost of Nutraceutical Products is expected to considerably restrain this market’s growth.

Top 10 Companies Operating in Nutraceutical Products Market

Abbott Laboratories (U.S.)

Founded in 1888 and headquartered in Illinois, U.S., Abbott Laboratories is engaged in discovering, developing, manufacturing, and marketing a broad range of healthcare products. The company’s key business segments include Established Pharmaceutical Products, Diagnostics, Nutritionals, and Medical Devices. The company operates in the nutraceutical market through the Nutritionals segment.

Abbott provides nutraceutical products through its brands EleCare, Ensure, Ensure Harvest, Glucerna, Hi-Cal, Jevity, Juven, Nepro, Osmolite, Pedialyte, PediaSure, PediaSure Harvest, Peravtive, Pivot, Promote, Pulmocare, Similac, Suplena, TwoCal HN, Vital, and Zone Perfect, among others.

Amway Corporation (U.S.)

Founded in 1959 and headquartered in Ada, Michigan, U.S., Amway is one of the leading multilevel marketing (MLM) companies. It manufactures and sells its brand products as well as products from other companies. The company mainly operates through four business segments: Nutrition, Beauty, Home, and Adventure (Energy + Sport). Amway’s product portfolio consists of nutrition, beauty, bath and body, laundry, surface cleaners, detergents, fragrances, and cookware, among others. It offers nutraceutical products through the Nutrition segment.

Conagra Brands, Inc.  (U.S.)

The company offers nutritional products through various brands such as Birds Eye, Blake’s, Marie Callender’s, Earth Balance, Healthy Choice, Gardein, Slim Jim, Duncan Hines, Blake’s, Earth Balance, EVOL, Fiddle Faddle, Hungry-Man, Kid Cuisine, Libby’s, Log Cabin, Manwich, Mrs. Paul’s, Nalley, PAM, Parkay, Poppycock, Sandwich Bros. of Wisconsin, Smart Balance, Snack Pack, Van De Kamps, Udi’s Gluten Free, Van Camp’s, and Odom’s Tennessee Pride.

Danone S.A. (France)

Founded in 1919 and headquartered in Paris, France, Danone is engaged in the manufacturing of dairy and nutritional products. The company operates through three business segments, namely, Essential Dairy and Plant-based, Specialized Nutrition, and Waters. It offers fresh dairy products, bottled water, and early life nutrition & medical nutrition products. The company’s portfolio comprises yogurt, fermented dairy products, dairy specialties, plant-based nutritional cooking products and beverages, and specialized food for babies and older people. Danone also offers packaged water and flavored & vitamin-enriched water. The company offers functional food and beverages through its brands Actimel, Activia, Alpro, Danone, Danonino, Oikos, Prostokvashino, Silk, International Delight, Nutricia, Salus, and Mizone.

General Mills Inc (U.S.)

Founded in 1928 and headquartered in Minnesota, U.S., General Mills manufactures and markets branded consumer foods. The company operates through four segments: North America Retail, International, Pet, and North America Foodservice, and offers nutritional products through the North America Retail, International, and North America Foodservice segments. Some of its well-known brands are Annie’s, Betty Crocker, Bugles, Chex, Cinnamon Toast Crunch, Cascadian Farm, Cocoa Puffs, Cheerios, Colombo, EPIC, Fiber One, Food Should Taste Good, Gardettos, General Mills, Golden Grahams, Gushers, Gold Medal, Lucky Charms, Lärabar, Mott’s, Mountain High, Muir Glen, Pillsbury, Kix, Nature Valley, Total, Trix, Oui, and Yoplait.

Meticulous Research in its latest publication on Nutraceutical Products Market has predicted the growth of 7.8% during the forecast year 2023-2030

Glanbia plc (Ireland)

Founded in 1997 and headquartered in Kilkenny, Ireland, Glanbia is involved in the manufacturing of nutritious products. The company mainly operates through two business segments, namely, Glanbia Performance Nutrition and Glanbia Nutritionals. Its product portfolio includes protein bars, buttercream, beverages, cheese, dairy products, vitamins, and grains & seeds.

Herbalife Nutrition, Ltd (U.S.)

Founded in 1980 and headquartered in California, U.S., Herbalife Nutrition is engaged in developing and selling weight management products, healthy meals and snacks, sports and fitness products, energy and targeted nutritional products, and personal care products. The company categorizes its products into five groups: Weight Management; Targeted Nutrition; Energy, Sports and Fitness; Outer Nutrition; and Literature, Promotional, and Other. The company’s product development is focused on four principal categories: weight management; targeted nutrition, including everyday wellness and healthy aging; and energy, sports and fitness, and outer nutrition, which capitalize on the obesity and anti-aging megatrends. The company offers nutraceutical products through Meal Replacement, Protein Snacks, Tea Aloe Products, Nutritional Supplements, and Herbalife24 Sports Nutrition.

International Flavours & Fragrances Inc. (U.S.)

Founded in 1958 and headquartered in New York, U.S., IFF is engaged in food, beverage, health, biosciences, and sensory experiences. The company operates through four business segments, namely, Nourish, Health & Biosciences, Scent, and Pharma Solutions. It offers animal nutrition, beverage, dietary supplements, food, grain processing, home care, microbial control, perfumery, personal care, and pharmaceutical products. In 2021, IFF merged with Nutrition & Biosciences, a subsidiary of DuPont. It provides nutraceutical products through the Health & Biosciences and Nourish segments.

Kellogg Company (U.S.)

Founded in 1906 and headquartered in Michigan, U.S., Kellogg Company is engaged in the manufacturing and marketing ready-to-eat cereal and convenience foods. The company operates through four business segments, namely, Snacks, Cereal, Frozen, and Noodles & Other. The company’s principal products include crackers, savory snacks, toaster pastries, cereal bars, granola bars and bites, and convenience foods, such as ready-to-eat cereals, frozen waffles, veggie foods, and noodles.

Nestlé S.A. (Switzerland)

Founded in 1866 and headquartered in Vevey, Switzerland, Nestlé manufactures and markets a wide range of food products. Its product line includes milk, chocolate, confectionery, bottled water, coffee, creamer, seasoning, frozen food, and pet foods. The company operates through seven business segments, namely, Powdered and Liquid Beverages; PetCare; Nutrition and Health Science; Prepared Dishes and Cooking Aids; Milk Products and Ice Cream; Confectionery; and Water.

Nestlé offers functional food and beverages through its brands, such as Gerber, NaturNes, Cerelac, Nido, Fitness, Garden Gourmet, Sweet Earth, Nesquik, Milo, YIYANG Active, Nuun, Sjora, Garden of Life, Nature’s Bounty, Persona, Vital Proteins, Solgar, BOOST, Compleat, Impact, Peptamen, Vitaflo, Resource, Coffee-Mate, and Wunda.

Popular Mention: PepsiCo, Inc. (U.S.), The Coca-Cola Company (U.S.), Hearthside Food Solutions LLC (U.S.), Mars Incorporated (U.S.), Meiji Holdings Co., Ltd. (Japan), and Royal FrieslandCampina N.V. (Netherlands).

Authoritative Research on the Nutraceutical Products Market – Global Opportunity Analysis and Industry Forecast (2023-2030)

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

• Recent financial performance
• Key products
• Significant company strategies
• Partnerships and acquisitions

The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.