Meaning of the word nutraceutical in English

What does nutraceutical mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

nutraceutical

US /ˌnuː.trəˈsuː.t̬ɪ.kəl/
UK /ˌnjuː.trəˈsuː.tɪ.kəl/

Noun

a food or food component that provides health benefits in addition to its basic nutritional value

Example:
Many functional foods are considered nutraceuticals due to their added health benefits.
The market for nutraceuticals has grown significantly in recent years.