Frequently Asked Questions
Despite severe market closure and declining purchasing trends in the food and beverage sectors, the nutraceuticals business has seen an increase in demand for healthy and nutritional products. According to the National Health and Nutrition Examination Survey, more than half of the U.S. population consumed these goods throughout the epidemic. As a result, demand for immune-boosting products is expected to increase during the COVID-19 pandemic.
Asia Pacific has the largest market share in the forecast period. Nutritional food is a more established and polished idea in the Asia Pacific, owing to rising consumer awareness and worries about malnutrition.
A growing number of health-conscious customers and a preference for vitamins in daily diets are projected to fuel the market.
Natural source vitamins had a major share in 2021. Natural vitamins are becoming more popular as the desire for clean-label products grows.
Animal feed is the biggest market in the forecast period. Vitamins are frequently utilized as animal feed and premixes, which improves animal health.