Medical Health & Life Science Research News

Germany dominating the European nutraceutical market

Medical Market Research

The European nutraceutical market was valued at USD 79.71 billion in 2016 registering a CAGR of 6.39%. Europe has the third-largest market for nutraceutical in the world, after the United States, and the Asia-Pacific region.

The growth of the European market has been restrained by stringent regulatory approval procedures, and also the high cost of research and product development, which in turn increases the price of the products.

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