UK Nutraceuticals Market Size, Growth Analysis Report, Forecast to 2027

The UK nutraceuticals market is projected to grow at a CAGR of 6.8% during the forecast period. The key factors that drive the growth of the market include high per capita income, awareness related to health, high prevalence of chronic diseases, and easy availability of nutraceuticals. Besides, the presence of the key players providing a wide variety of products also supports the market growth. For instance, In November 2020, Unilever Plc acquired SmartyPants Vitamins, which is engaged in providing supplements made from premium ingredients to support the wellbeing requirements of children and adults. Unilever Plc will support the growth of SmartyPants Vitamins through this acquisition. 

Get Free Sample Copy @ https://www.omrglobal.com/request-sample/uk-nutraceuticals-market

UK nutraceuticals market is segmented on the basis of product type and distribution channel. Based on the product type, the market is segmented into functional food, functional beverage, and dietary supplements. The functional food segment is likely to hold a key share in the market. Functional foods include probiotics fortified food, iodized salt, omega fatty acid-based foods, and many others. 

A Full Report of UK Nutraceuticals Market is Available at:  https://www.omrglobal.com/industry-reports/uk-nutraceuticals-market

Based on the distribution channel, the market is segmented as retail & supermarkets, and online platform. The online platform segment is likely to grow significantly during the forecast period. Owing to the rising trend towards online shopping owing to the convenience and busy lifestyle of consumers. Selling supplements with their website over-relying on food-drug mass (FDM) outlets and e-tail websites offer the freedom to tailor the user experience.

Further, Amway Corp., Archer Daniels Midland Co., BASF SE, Cargill, Inc., Danone SA, Herbalife Ltd., Mead Johnson Nutrition Co., Nestle SA, and The Hain Celestial Group, Inc. are some of the prominent players operating in the UK nutraceuticals market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market. 

UK Nutraceuticals Market -- Segmentation

UK Nutraceuticals Market by Product Type

• Functional Food
• Functional Beverage
• Dietary Supplements

UK Nutraceuticals Market by Distribution Channel

• Retail & Super Markets
• Online Platform

UK Nutraceuticals Market  – Segment by Region 

North America           

• United States 
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa

Company Profiles

• Abbott Laboratories Inc. (Abbott Nutrition)
• Amway Corp.
• Archer Daniels Midland Co.
• Arkopharma Laboratories SA
• BASF SE
• Cargill, Inc.
• Danone SA
• EI do Pont de Nemours and Co.
• General Mills Inc.
• Herbalife Ltd.
• Nestle SA
• PepsiCo Inc.
• Royal DSM NV
• The Hain Celestial Group, Inc.
• The Kraft Heinz Co.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/uk-nutraceuticals-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com 
Contact no: +1 646-755-7667, +91 780-304-0404