The nutraceuticals market is expected to grow by USD 223.56 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 8.52% during the forecast period. The increasing cost of medical treatment is notably driving the nutraceuticals market. However, factors such as the high cost of nutraceuticals may impede the market growth. The market is segmented by distribution channel (offline and online), product (functional food, functional