This comprehensive study analyzes the world market for nutraceuticals. Nutraceuticals are defined as bulk chemical ingredients which increase the health or nutritional benefits of end-use products such as foods and beverages, dietary supplements and pharmaceutical preparations. Applications in cosmetic and animal feed additives are excluded from the analyses. Historical data (1995, 2000, 2005) and forecasts to 2010 and 2015 are provided for nutraceuticals by type, geographical region and selected countries. Specific products covered include nutrients (proteins and fibers), functional food and beverage additives, minerals, vitamins, and herbal and non-herbal extracts. Key macroeconomic, technological, regulatory and social trends affecting the development and use of nutraceuticals are examined in detail.

INTRODUCTION xiii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4
General 4
World Economic Outlook 5
World Demographic Patterns 10
Total Population 10
Age Distribution 13
Population 50 Years & Older 13
Population 65 Years & Older 17
World Health Expenditures 19
Nutritional Product Overview 23
Supply & Demand 23
Product Groups 27
Fortified Foods & Beverages 28
Infant & Pediatric Nutritionals 29
Dietary Supplements 29
Adult Nutritionals 30
Nutrient-Based Therapies 31
Regulatory Considerations 32
Market & Pricing Trends 33

III. WORLD SUPPLY & DEMAND 35
General 35
World Nutraceutical Demand 38
World Nutraceutical Shipments 40
International Trade in Nutraceuticals 45
Nutraceutical Product Groups 48
Nutrients & Minerals 50
Nutrients 51
Proteins 53
Functional Food Additives 57
Fibers & Other Nutrients 71
Minerals 75
Electrolytes & Trace Minerals 76
Essential Minerals 78
Vitamins 82
Vitamin E 84
Vitamin C 87
Vitamin A 89
B-Group Vitamins 91
Thiamin (Vitamin B1) 91
Riboflavin (Vitamin B2) 92
Niacin (Vitamin B3) 92
Pantothenic Acid (Vitamin B5) 93
Pyridoxine (Vitamin B6) 94
Folic Acid (Vitamin B9) 95
Cyanocobalamin (Vitamin B12) 95
Other Vitamins 97
Biotin (Vitamin H) 97
Vitamin D 97
Vitamin K 99
Herbal & Non-Herbal Extracts 99
Herbal Extracts 100
Ginkgo Biloba 103
Ginseng 105
Garlic 106
St. John’s Wort 107
Echinacea 109
Saw Palmetto 110
Other Herbal Extracts 112
Non-Herbal Extracts 122
Glucosamine & Chondroitin 122
Coenzyme Q10 124
Melatonin 125
Other Non-Herbal Extracts 126

IV. NORTH AMERICA 128
North America 128
Nutrients & Minerals 131
Vitamins 133
Herbal & Non-Herbal Extracts 135
United States 137
Canada 150
Mexico 160

V. WESTERN EUROPE 170
Western Europe 170
Nutrients & Minerals 173
Vitamins 175
Herbal & Herbal Extracts 177
France 179
Germany 188
Italy 197
Spain 206
Switzerland 214
United Kingdom 223
Other Western Europe 233
Netherlands 239
Belgium 240
Sweden 242
Austria 244
Denmark 245
Finland 246
Ireland 248
Portugal 250
All Other Western Europe 251

VI. ASIA/PACIFIC 255
Asia/Pacific 255
Nutrients & Minerals 257
Vitamins 260
Herbal & Non-Herbal Extracts 262
China 264
India 277
Japan 285
Other Asia/Pacific 298
South Korea 305
Australia 307
Taiwan 308
All Other Asia/Pacific Countries 309

VII. OTHER REGIONS 312
Other Regions 312
Nutrients & Minerals 314
Vitamins 315
Herbal & Non-Herbal Extracts 316
Latin America 317
Brazil 325
Argentina 326
Colombia 327
Chile 328
Venezuela 329
All Other Latin America 330
Eastern Europe 333
Russia 341
Poland 343
Czech Republic 344
Hungary 345
All Other East European Countries 346
Africa/Mideast 348
Israel 357
Turkey 360
South Africa 362
Saudi Arabia 364
All Other Africa/Mideast 366

VIII. INDUSTRY STRUCTURE 368
General 368
Market Share 369
Competitive Strategies 371
Solae LLC 371
Cargill 372
DSM Nutritional Products 374
ADM Natural Health and Nutrition 374
BASF 375
Sales by Competitor 376
Mergers & Acquisitions 379
Licensing & Related Agreements 384
Channels of Distribution 391
Marketing Factors 393
Product Development 395
Manufacturing Requirements 396
Company Profiles 397
Abbott Laboratories 398
ADM Kao, see Archer-Daniels-Midland and Kao
Ajinomoto Company Incorporated 400
Archer-Daniels-Midland Company 403
BASF AG 406
BI Nutraceuticals, see Zuellig Group
Bio-Botanica Incorporated 409
Biopolymer Engineering, see Biothera
Biothera 410
Boehringer Ingelheim GmbH 411
Bristol-Myers Squibb Company 415
Cargill Incorporated 417
Celanese Corporation 420
Celestial Seasonings, see Hain Celestial
Clearwater Seafoods LP 421
Cognis Deutschland GmbH & Company KG 424
Croda International plc 427
Daiichi Pharmaceutical, see Daiichi Sankyo
Daiichi Sankyo Company Limited 429
Dainippon Ink and Chemicals Incorporated 430
Degussa AG 432
Degussa Food Ingredients, see Cargill
DuPont (EI) de Nemours 433
Earthrise Nutritionals, see Dainippon Ink and Chemicals
Eastman Chemical Company 436
Eisai Company Limited 437
Ferd AS 439
Frutarom Industries, see ICC Industries
General Nutrition Centers, see GNC
Gerber Products, see Novartis
GNC Corporation 440
Hain Celestial Group Incorporated 442
Hospira Incorporated 445
ICC Industries Incorporated 446
Institut Rosell, see Lallemand
Johnson & Johnson 448
Kao Corporation 450
Kellogg Company 451
Kemin Industries Incorporated 452
Kirin Brewery Company Limited 453
Kraft Foods Incorporated 454
Kyowa Hakko Kogyo Company Limited 456
Lallemand Incorporated 457
Lion Corporation 459
Lonza Group Limited 460
McNeil Nutritionals, see Johnson & Johnson
Mead Johnson & Company, see Bristol-Myers Squibb
Merck KGaA 462
Natumi, see Hain Celestial
Natural ASA 464
Nestle SA 466
Novartis AG 468
Nutrinova Nutrition Specialties & Food Ingredients, see Celanese
Ocean Nutrition Canada, see Clearwater Seafoods
Personal Products Company, see Johnson & Johnson
Pronova Biocare, see Ferd
Royal DSM NV 471
Royal Numico NV 476
Sankyo Company, see Daiichi Sankyo Company
Seven Seas, see Merck
Solae, see DuPont (EI) de Nemours
Takeda Pharmaceutical Company Limited 480
Wyeth 482
ZonePerfect Nutrition Company, see Abbott Laboratories
Zuellig Group NA Incorporated 485

LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3

SECTION II -- MARKET ENVIRONMENT
1 World Economic Indicators 5
2 Gross Domestic Product (GDP) by Country/Region 9
3 Population by Country/Region 12
4 Population 50 Years & Older by Country/Region 16
5 Population 65 Years & Older by Country/Region 18
6 Health Expenditures by Country/Region 22
7 Nutritional Product Shipments by Country/Region 26
8 World Nutritional Product Shipments by Type 27

SECTION III -- WORLD SUPPLY & DEMAND
1 Nutraceutical Demand by Country/Region 37
2 Nutraceutical Shipments by Country/Region 44
3 Nutraceutical Net Exports by Country/Region 47
4 World Nutraceutical Demand by Product Group 49
5 World Nutrient & Mineral Demand by Product Group & Region 51
6 World Nutrient Demand by Product Group 53
7 World Mineral Demand by Product Group 76
8 World Vitamin Demand by Product Group & Region 84
9 World Herbal & Non-Herbal Extract Demand by Product Group & Region 100
10 World Herbal Extract Demand by Product Group 103
11 World Non-Herbal Extract Demand by Product Group 122

SECTION IV -- NORTH AMERICA
1 North America - Nutraceutical Supply & Demand by Product Group 130
2 North America - Nutrient & Mineral Demand by Product Group 133
3 North America - Vitamin Demand by Product Group 134
4 North America - Herbal & Non-Herbal Extract Demand
by Product Group 136
5 United States - Nutraceutical Supply & Demand
by Product Group 142
6 United States - Nutrient & Mineral Demand by Product Group 145
7 United States - Vitamin Demand by Product Group 147

(continued on next page) 8 United States - Herbal & Non-Herbal Extract Demand
by Product Group 150
9 Canada - Nutraceutical Supply & Demand by Product Group 154
10 Canada - Nutrient & Mineral Demand by Product Group 156
11 Canada - Vitamin Demand by Product Group 158
12 Canada - Herbal & Non-Herbal Extract Demand
by Product Group 160
13 Mexico - Nutraceutical Supply & Demand by Product Group 163
14 Mexico - Nutrient & Mineral Demand by Product Group 165
15 Mexico - Vitamin Demand by Product Group 167
16 Mexico - Herbal & Non-Herbal Extract Demand
by Product Group 169

SECTION V -- WESTERN EUROPE
1 Western Europe - Nutraceutical Supply & Demand
by Product Group 173
2 Western Europe - Nutrient & Mineral Demand
by Product Group 175
3 Western Europe - Vitamin Demand by Product Group 177
4 Western Europe - Herbal & Non-Herbal Extract Demand
by Product Group 178
5 France - Nutraceutical Supply & Demand by Product Group 181
6 France - Nutrient & Mineral Demand by Product Group 184
7 France - Vitamin Demand by Product Group 185
8 France - Herbal & Non-Herbal Extract Demand
by Product Group 188
9 Germany - Nutraceutical Supply & Demand by Product Group 190
10 Germany - Nutrient & Mineral Demand by Product Group 192
11 Germany - Vitamin Demand by Product Group 194
12 Germany - Herbal & Non-Herbal Extract Demand
by Product Group 196
13 Italy - Nutraceutical Supply & Demand by Product Group 200
14 Italy - Nutrient & Mineral Demand by Product Group 202
15 Italy - Vitamin Demand by Product Group 204
16 Italy - Herbal & Non-Herbal Extract Demand by Product Group 206
17 Spain - Nutraceutical Supply & Demand by Product Group 209
18 Spain - Nutrient & Mineral Demand by Product Group 211
(continued on next page) 19 Spain - Vitamin Demand by Product Group 212
20 Spain - Herbal & Non-Herbal Extract Demand
by Product Group 214
21 Switzerland - Nutraceutical Supply & Demand
by Product Group 217
22 Switzerland - Nutrient & Mineral Demand by Product Group 219
23 Switzerland - Vitamin Demand by Product Group 221
24 Switzerland - Herbal & Non-Herbal Extract Demand
by Product Group 223
25 United Kingdom - Nutraceutical Supply & Demand
by Product Group 226
26 United Kingdom - Nutrient & Mineral Demand
by Product Group 228
27 United Kingdom - Vitamin Demand by Product Group 230
28 United Kingdom - Herbal & Non-Herbal Extract Demand
by Product Group 232
29 Other Western Europe - Nutraceutical Supply & Demand
by Product Group 234
30 Other Western Europe - Nutrient & Mineral Demand
by Product Group 235
31 Other Western Europe - Vitamin Demand by Product Group 236
32 Other Western Europe - Herbal & Non-Herbal Extract Demand
by Product Group 237
33 Other Western Europe - Nutraceutical Demand by Country 238

SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific - Nutraceutical Supply & Demand
by Product Group 257
2 Asia/Pacific - Nutrient & Mineral Demand by Product Group 260
3 Asia/Pacific - Vitamin Demand by Product Group 262
4 Asia/Pacific - Herbal & Non-Herbal Extract Demand
by Product Group 263
5 China - Nutraceutical Supply & Demand by Product Group 269
6 China - Nutrient & Mineral Demand by Product Group 271
7 China - Vitamin Demand by Product Group 274
8 China - Herbal & Non-Herbal Extract Demand
by Product Group 277
(continued on next page)
9 India - Nutraceutical Supply & Demand by Product Group 280
10 India - Nutrient & Mineral Demand by Product Group 282
11 India - Vitamin Demand by Product Group 283
12 India - Herbal & Non-Herbal Extract Demand
by Product Group 284
13 Japan - Nutraceutical Supply & Demand by Product Group 289
14 Japan - Nutrient & Mineral Demand by Product Group 293
15 Japan - Vitamin Demand by Product Group 296
16 Japan - Herbal & Non-Herbal Extract Demand
by Product Group 298
17 Other Asia/Pacific - Nutraceutical Supply & Demand
by Product Group 299
18 Other Asia/Pacific - Nutrient & Mineral Demand
by Product Group 301
19 Other Asia/Pacific - Vitamin Demand by Product Group 303
20 Other Asia/Pacific - Herbal & Non-Herbal Extract Demand
by Product Group 304
21 Other Asia/Pacific - Nutraceutical Demand by Country 305

SECTION VII -- OTHER REGIONS
1 Other Regions - Nutraceutical Supply & Demand
by Product Group 313
2 Other Regions - Nutrient & Mineral Demand
by Product Group 315
3 Other Regions - Vitamin Demand by Product Group 316
4 Other Regions - Herbal & Non-Herbal Extract Demand
by Product Group 317
5 Latin America - Nutraceutical Supply & Demand
by Product Group 319
6 Latin America - Nutrient & Mineral Demand
by Product Group 321
7 Latin America - Vitamin Demand by Product Group 323
8 Latin America - Herbal & Non-Herbal Extract Demand
by Product Group 324
9 Latin America - Nutraceutical Demand by Country 325
10 Eastern Europe - Nutraceutical Supply & Demand
by Product Group 335
(continued on next page) 11 Eastern Europe - Nutrient & Mineral Demand
by Product Group 337
12 Eastern Europe - Vitamin Demand by Product Group 338
13 Eastern Europe - Herbal & Non-Herbal Extract Demand
by Product Group 340
14 Eastern Europe - Nutraceutical Demand by Country 341
15 Africa/Mideast - Nutraceutical Supply & Demand
by Product Group 350
16 Africa/Mideast - Nutrient & Mineral Demand
by Product Group 353
17 Africa/Mideast - Vitamin Demand by Product Group 354
18 Africa/Mideast - Herbal & Non-Herbal Extract Demand
by Product Group 356
19 Africa/Mideast - Nutraceutical Demand by Country 357

SECTION VIII -- INDUSTRY STRUCTURE
1 World Nutraceutical Sales by Company, 2005 377
2 Selected Acquisitions & Divestitures 381
3 Selected Cooperative Agreements 386

LIST OF CHARTS

CHART NUMBER PAGE


SECTION II -- MARKET ENVIRONMENT
1 World Nutritional Product Shipments by Type, 2005 28

SECTION III -- WORLD SUPPLY & DEMAND
1 Nutraceutical Demand by Region, 2005 38
2 World Nutraceutical Demand by Product Group, 2005 49

SECTION VIII -- INDUSTRY STRUCTURE
1 World Nutraceutical Market Share by Company, 2005 370