Data Report Outlines Growing U.S. Nutraceutical Market

November 7, 2011

A nutraceutical market report from UBM Canon Data Products estimates that the U.S. nutraceutical market will reach $180 billion in 2017.

A nutraceutical market report from UBM Canon Data Products estimates that the U.S. nutraceutical market will reach $180 billion in 2017, maintaining a compound annual growth rate of over 7% through 2015.

Titled “Nutraceuticals and Vitamins Review and Outlook 2011,” the report cites an aging population, increased prevalence of serious diseases, and ongoing interest in preventative medicine as reasons for market growth.

The report also highlights emerging global markets such as India, where nutraceutical sales are projected to at least double between now and 2015.

UBM Canon Data Products provides financial, company, and product statistical data for a variety of other industries, including pharmaceutical biotechnology and medical devices.

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