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Nutraceuticals Market size to grow by USD 223.56 billion from 2022 to 2027, 7.52% YOY market growth recorded in 2022/2023, Technavio

/PRNewswire/ -- The Nutraceuticals Market is to grow by USD 223.56 billion from 2023 to 2027 progressing at a CAGR of 8.52% during the forecast period. The...

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Nutraceuticals Market to grow by USD 223.56 billion from 2022 to 2027 | The increasing cost of medical treatment to drive market growth

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

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Nutraceuticals Market to grow by USD 223.56 billion from 2022 to 2027 | The increasing cost of medical treatment to drive market growth - Technavio

NEW YORK, Nov. 24, 2023 /PRNewswire/ — 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. […]

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NovoNutrients Scaling Up with Project Funding Plus $9M in Equity

NovoNutrients Scaling Up with Project Funding Plus $9M in Equity
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Lee Man Tat, Oyster Sauce King and Chairman of Lee Kum Kee, Dies Aged 91

Lee Man Tat, Oyster Sauce King and Chairman of Lee Kum Kee, Dies Aged 91
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Complementary And Alternative Medicine Market Size Worth $404.66 Billion By 2028: Grand View Research, Inc.


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SAN FRANCISCO, Feb. 17, 2021 /PRNewswire/ --The global complementary and alternative medicine market size is expected
to reach USD 404.66 billion by 2028, according to a new report by Grand View Research, Inc. It is expected
to expand at a CAGR of 22.03% from 2021 to 2028. The market has witnessed a significant expansion in its consumer base in recent years owing to the benefits and philosophies that have the potential to attract customers.
The core philosophies of alternative medicine practices and complementary therapies include high preference to natural products as compared to synthetic ones, avoiding implementation of quick-fix type therapies, ensuring sufficient duration is given for healing, the onset of any illness is attributed to body-imbalance, the body has the ability to heal itself, the whole patient has to be treated and not just a specific diseased body part, and gentle therapies have to be administered before the harsh ones.

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