Global Food Supplements Market, By Product (Vitamin, Amino Acid, Probiotics, Omega-3, Collagen Peptides, Folic Acid, Oxalic Acid, Magnesium, Iron), Form (Powder, Liquid, Tablets, Capsules, Gel), End-Use (Infant, Children, Adults, Pregnant Women, Old-Aged), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, 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, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Food Supplements Market
Food supplements market is expected to grow at a rate of 7.95% in the forecast period 2021 to 2028. Increase in the awareness about health acts as the vital factor escalating the demand for food supplements market in the forecast period of 2021- 2028.
Food supplements are the concentrated sources of nutrients or other substances with a nutritional or physiological effect. An extensive range of nutrients and other ingredients might be present in food supplements, including, but not limited to, vitamins, minerals, amino acids, essential fatty acids, fibre and various plants and herbal extracts.
Rise in the hectic work schedules of working individuals is the major driver escalating the market growth, also increase in the awareness of nutrition enrichment fuels and rise in the demand from India and China due to considerable presence of aging population are the major factors among others driving the food supplements market growth. Moreover, rise in the demand from emerging economies will further create new opportunities for the food supplements market in the forecast period of 2021- 2028.
However, rise in the demand of organic food acts, stringent regulations for food supplements and generic alternative availability is the major factor acting as a restraint, and will further challenge the growth of food supplements market in the forecast period.
Food 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 food 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.
Food Supplements Market Scope and Market Size
Food supplements market is segmented on the basis of product, form and end-use. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of product, food supplements market is segmented into vitamin, amino acid, probiotics, omega-3, collagen peptides, folic acid, oxalic acid, magnesium and iron.
- Based on form, the food supplements market is segmented into powder, liquid, tablets, capsules and gel.
- Based on end-use, the food supplements market is segmented into infant, children, adults, pregnant women and old-aged.
Food Supplements Market Country Level Analysis
Food supplements market is analyses and market size, volume information is provided by country by product, form and end-use as referenced above.
The countries covered in food supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, 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, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
North America dominates the food supplements market due to increase in the awareness of nutrition enrichment fuels and increase in the research and development activities in the market in this region.
The country section of the food 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. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Food Supplements Market Share Analysis
Food 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 food supplements market.
The major players covered in the food supplements market report are Amway, Abbott, Arkopharma Laboratoires, Bayer AG, Glanbia plc, Pfizer Inc., ADM, Carlyle Investment Management L.L.C., The Nature's Bounty Co.., Nu Skin Enterprises, Inc, GlaxoSmithKline plc., Herbalife International of America, Inc., Nature's Sunshine Products, Inc., Bionova, Ayanda, ZIJA INTERNATIONAL, Nutraceutics Corp., American Health, Inc., Bausch Health, Stepan Company, DuPont de Nemours, Inc. and Himalaya Global Holdings Ltd 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 analyst understands competitive strengths and provides competitive analysis for each competitor separately.