Nutraceuticals market is expected to grow at a CAGR of 7.04% from 2016 to 2022 to reach $302,306 million by 2022 from $184,092 million in 2015. Nutraceuticals are used to describe any health beneficial products derived from food sources. They encompass products enriched with multiple health benefits, including the prevention and treatment of various diseases. Owing to the anti-aging and anti-allergic properties, the companies have integrated nutraceutical with personal care and branched it into "Cosmeceutical". Therefore, this factor drives the market significantly, and is anticipated to contribute to the market growth during the forecast period. Dietary supplements use nutraceutical ingredients such as omega-3 and antioxidants in edible oil to reduce the hardening of arteries and extra fat. For instance, Coca-Cola and Sanofi partnered to sell a health drink named Beautific® Oenobiol®, which helps to strengthen hair and nails, improve skin, and lose weight, at the French pharmacies. Recent innovations are also carried out by companies, which is expected to fuel the market in the coming years. For instance, Suntava grows Non-GMO purple corn as the genetically modified organisms (GMO) and genetically modified crops (GMC) crops are avoided.