Lucintel's latest market report analyzed that pharmaceutical & nutraceutical additive provides attractive opportunities in hypermarkets/supermarkets, specialty stores, pharmacies, and online channels. The pharmaceutical & nutraceutical additive market is expected to reach $36.7 billion by 2028 with a CAGR of 6%. In this market, capsules and tablets is the largest segment by form, whereas online channel is largest by sales channel.
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Based on form, the pharmaceutical & nutraceutical additive market is segmented into capsule and tablets, liquid, powder, and others. The capsules and tablets segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as they are considered the most efficient method of taking medication.
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The Pharmaceutical &Nutraceutical Additive Market is marked by the presence of several big and small players. Some of the prominent players offering pharmaceutical & nutraceutical additive include Archer Daniels, BASF SE, Cargill, Danone, DuPont de Nemours, General Mills, Koninklijke DSM N.V, Nestle S.A, PepsiCo, and Yakult Honsha.
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