Global Dietary Supplements Market, By Type (Vitamins, Minerals, Amino Acids, Enzymes, Other Supplements), Mode of Application (Capsules, Powder, Liquids, Soft Gels, Gel Caps), Functions (Additional Supplement, Medicinal Supplements, Sports Nutrition), Category (Infant Dietary Supplements, Children Dietary Supplements, Adult Dietary Supplements, Pregnant Women Dietary Supplements, Old-Aged Dietary Supplement), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Dietary Supplements Market
Dietary supplements market is expected to grow with a growth rate of 10.02% in the forecast period of 2020 to 2027. Data Bridge Market Research report on dietary supplements market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
An increase in the number of global sporting events encourages athletes to focus on physical strength. The increase in the number of sports complexes and gymnasiums is expected to increase food demand for dietary supplements in the forecast period of 2020- 2027.
Growing customer interest in balanced diet has increased the use of higher ingredients in foods with potential health benefits. Consumers today are more aware of their diet with the adoption rate for fast foods and the sedentary lifestyle in emerging economies such as China and India which have contributed to a rise in cardiovascular diseases, diabetes, and obesity prevalence over the past few years and enhances the dietary supplements market growth.
Increasing healthcare costs, medical conditions or doctor recommendations, positive reaction to the sports nutrition are also among the major driving factors, spreading awareness about calorie reduction and weight loss leads to the dietary supplements market growth. Safe practices for managing health will also the drive market growth. On the other hand, increasing demand in new supplements, stringent regulatory policies for dietary supplements in few end-use industries will restrict the dietary supplements market growth in the forecast period. Malnutrition of infants is a major crisis across the developing countries. This factor is anticipated to create growth opportunities for the dietary supplements market players, especially across the untapped markets of African and Asian countries. However, the market for this age group is forecast to expand at the lowest CAGR and the encouragement to breastfeeding over dietary supplements may acts as a challenge for the dietary supplements market in the forecast period.
This dietary supplements market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on dietary supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Dietary Supplements Market Scope and Market Size
Dietary supplements market is segmented on the basis of type, mode of application, functions, and category. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the dietary supplements market is segmented into vitamins, minerals, amino acids, enzymes, other supplements.
- On the basis of mode of application, the dietary supplements market is segmented into capsules, powder, liquids, soft gels, gel caps.
- On the basis of functions, the dietary supplements market is segmented into additional supplement, medicinal supplements, and sports nutrition.
- On the basis of category, the dietary supplements market is segmented into infant dietary supplements, children dietary supplements, adult dietary supplements, pregnant women dietary supplements, and old-aged dietary supplement.
Dietary Supplements Market Country Level Analysis
Dietary supplements market is analysed and market size, volume information is provided by country, type, mode of application, functions, and category as referenced above.
The countries covered in the dietary supplements market report are the U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The demand for dietary supplements in Asia-Pacific led by populous countries including India and China is projected to grow with the highest growth rate. Market awareness for the benefits of dietary supplements and wide availability of products are the main drivers for the growth in the region. Rising discretionary income allows clients to spend more on healthier food products. The country section of the dietary supplements market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries.
Competitive Landscape and Dietary Supplements Market Share Analysis
Dietary supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dietary supplements market.
The major players covered in the dietary supplements market report are Abbott Laboratories, Arkopharma Laboratoires Pharmaceutiques, Carlyle Group, GlaxoSmithKline, Bayer AG, Glanbia, Herbalife International, Pfizer Inc., Archer Daniels Midland, Nature’s Sunshine Products, FANCL, Bionova Lifesciences, XanGo, Biorio Pharm, Ekomir, Nutraceutics Inc., American Health, Stepan, Danisco, NBTY, Inc., Koninklijke DSM N.V., Amway, Herbalife Ltd., Omega Protein Corporation, Integrated BioPharma, Inc., Nu Skin Enterprises, Inc., BASF SE, Surya Herbal Ltd., Bio-Botanica Inc., The Himalaya Drug Company, Ricola AG, Pharmavite LLC, Blackmores Ltd., Epax AS, and Axellus AS among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Dietary Supplements Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.