At a CAGR 6.5%, Global Nutraceuticals Market to Rise in Terms of Revenue During Forecast Period 2015-2019
The term "nutraceutical" was coined from the words "nutrition" and "pharmaceutical," by Stephen Defelice, in 1989. Defelice was the founder and chairman of the Foundation for Innovation in Medicine, an American organization that encourages medical health discovery. A nutraceutical substance is any food, or part of a food, that provides medical or health benefits and helps in the prevention and treatment of disease.
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