Market Size of Argentina Nutraceuticals Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.14 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Argentina Nutraceutical Market Analysis
Argentina nutraceutical market is projected to grow at a CAGR of 7.14% during the forecast period (2020- 2025).
- Due to the scientific evidence of nutraceutical being effective adjuncts to pharmacotherapy during all stages of treatment of various diseases, there has been a fundamental shift in global health and wellness industry from disease treatment to prevention of chronic diseases.
- The use of nutraceuticals and functional foods in prevention efforts can lead to decreased dependency on drugs, which has led to serious concerns among pharmaceutical manufacturers. It is, however, expected to drive the growth of the nutraceutical market across the globe and also across Argentina.
