Nutraceuticals Market: Leading Vendor like Abbott Laboratories is Expected to Generate Revenue of USD 31.9 Billion
NEW YORK, Aug. 5, 2021 /PRNewswire/ -- According to Technavio, incremental growth of USD 180.38 billion is expected in the nutraceuticals market during 2020-2024. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the nutraceuticals market in optimistic, probable, and pessimistic forecast scenarios.
Technavio reports offer customer landscape matrix and vendor landscape analysis that assists global businesses to obtain growth opportunities.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, Archer Daniels Midland Co., BASF SE, Cargill Inc., Danone SA, General Mills Inc., Kellogg Co., Nestlé SA, PepsiCo Inc., and The Coca-Cola Co. are some of the major market participants. The demand for nutraceuticals with medical benefits will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Nutraceuticals Market 2020-2024: Segmentation
Nutraceuticals Market is segmented as below:
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Nutraceuticals Market 2020-2024: Vendor Analysis and Scope
Some of the major vendors of the nutraceuticals market in Packaged Foods & Meats industry include Abbott Laboratories, Archer Daniels Midland Co., BASF SE, Cargill Inc., Danone SA, General Mills Inc., Kellogg Co., Nestlé SA, PepsiCo Inc., and The Coca-Cola Co. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The report also covers the following areas:
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Backed with competitive intelligence and benchmarking, our research reports on the nutraceuticals market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Nutraceuticals Market 2020-2024: Key Highlights
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Table of Contents:
Five Forces Analysis
Market Segmentation by Product
Drivers, Challenges, and Trends
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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