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Dietary Supplements Market Size, Share, Growth & Industry Forecast Report, 2020-2027 – X herald

Dietary Supplements Market:

The GMI Research’s latest analysis reveals that the dietary supplements market is expected to register a faster CAGR during the forecast period. This is mainly due to the building focus on preventive healthcare, increasing health concerns, transforming lifestyles and dietary habits globally.

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Dietary Supplements Market’s leading Manufacturers:

  • Abbott Laboratories
  • Bayer AG
  • Herbalife International Inc.
  • Uniliver
  • GlaxoSmithKline Plc.
  • Nu Skin Enterprises
  • Amway Corporation
  • Archer Daniels Midland
  • General Nutrition Centers
  • Glanbia Plc
  • Arkopharma Laboratories
  • Gelesis

Dietary Supplements Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)

Key Drivers

The major factors driving the dietary supplements industry growth are the increasing focus on preventive healthcare, rebelling health concerns, and changing dietary habits and lifestyles globally. Also, the escalating disposable income, increasing recognition of health issues integrated with the rising pervasiveness of cardiovascular diseases and the different weight management programs are expected to augment the dietary supplements market size over the forecast period. Moreover, an increase in the number of global sports events and the bend towards the physical strength of athletes and the nutritional supplements industry is one of the emerging dietary supplement market trends that is augmenting the product demand.

As per the dietary supplement market analysis, certain factors that are expected to hinder the growth of the dietary supplement industry include strict government norms, increasing demand for organic food, and side effects associated with the over-consumption of dietary supplements.

Application Segment Drivers

On the basis of application, the market is segmented into energy & weight management, general health, bone & joint health, gastrointestinal health, immunity, cardiac health, diabetes, anti-cancer, others. The energy & weight management segment is augmented to witness an increase in CAGR over the forecast period. This can be imputed by the rising trend of online weight loss programs among consumers, the growing number of working population combined with the accelerating demand to maintain their physical health.

Regional Drivers

On the basis of regional coverage, the Asia-Pacific region is projected to dominate the dietary supplements market over the forecast period. This is attributed to the growing population together with the increasing per capita income of people in developing economies, including China, Japan, India, and South Korea. Also, the increasing sales of multivitamin products along with the rising awareness about the essence of a healthy diet is contributing to the growth of the dietary supplements market size in India. North America is expected to witness a growing CAGR in the market owing to the increasing usage of dietary supplements among the working population and the rising health-conscious population. Moreover, the rising demand for sports nutrition products and growing awareness related to the benefits of protein intake by the athletes and bodybuilders further add to the dietary supplement market growth.

To Know More About Dietary Supplements Market

Dietary Supplements Market Segmentation:

Segmentation by Ingredients:

  • Vitamins
  • Botanicals
  • Minerals
  • Proteins & Amino acids
  • Fibres & Specialty Carbohydrates
  • Omega Fatty Acid
  • Others

Segmentation by Form:

  • Capsules
  • Soft Gels
  • Powders
  • Gummies
  • Liquids
  • Others

Segmentation by Application:

  • Energy & Weight Management
  • General Health, Bone & Joint Health
  • Gastrointestinal Health
  • Immunity
  • Cardiac Health
  • Anti-Cancer
  • Others

Segmentation by End-User:

  • Adults, Geriatric
  • Pregnant Women
  • Children
  • Infants
  • Segmentation by Distribution
  • OTC
  • Prescribed

Segmentation by Distribution Channel:

About GMI Research

GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird’s eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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