Nutraceuticals is a broad umbrella term that is used to describe any product derived from food sources with extra health benefits in addition to the basic nutritional value found in foods. They can be considered non-specific biological therapies used to promote general well-being, control symptoms, and prevent malignant processes. Nutraceuticals are functional foods that offer physiological benefits and prevent chronic diseases. Their ability to meet the complete dietary and supplementary needs is what makes them highly popular as compared to most healthcare and medicinal products, which, on the contrary, are found to be less effective. Rising health awareness has seen consumers become more conscious of the benefits of foods consumed. In developed economies, the increasing prevalence of chronic illnesses among the expanding geriatric populations is motivating manufacturers to focus on offering nutrient-rich products, which is aiding the growth of the nutraceutical products market