Nutraceuticals and Medicinal Products
The global nutraceuticals and medicinal products has shown constant growth since past few years. This trend is expected to endure during the projected period due to raising consumer spending on nutritious and healthy products. Nutraceuticals may be used to promote the health benefit, delay the process of aging, forbid chronic diseases, increases life expectancy and supports the structure or function of the body. Nutraceuticals is a value-added growth opportunity for the agri-food industry, both domestically and internationally. The market of Nutraceuticals is driven by the aging population, rising health care costs, advances in functional foods technology and nutrition, as well as a growing consumer understanding of the link between diet and health.