MarketResearch.biz announces publication of its most recently generated research report titled, “Global Dietary Supplements Market by Ingredient (Botanicals, Vitamins, Minerals, Amino acids, Enzymes, and Others), by Type (Tablets, Capsules, Powder, and Liquids), by End-user (Children, Adults, and Old-aged), by Application (Additional Supplements, Medicinal Supplements, and Sports Nutrition), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Forecast to 2029”, which offers a holistic view of the dietary supplements market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2020–2024) is projected to be around US$ 2 Billion, which is expected to increase rather significantly over the latter part of the five-year forecast period.
Dietary supplements are ingredients that add nutrients in diet and boost immunity levels, which helps in preventing any chronic health issues such as heart-related diseases, osteoporosis, arthritis, etc. A dietary ingredient may be one or any combination of vitamins, minerals, botanicals, amino acids etc. Dietary supplements ensure essential and adequate intake of nutrients and boost overall growth and wellness. Due to different combinations of nutrients added, composition of dietary supplements usually differs according to age of target audience or consumers. Dietary supplements are available in different forms including tablets, powders, capsules, liquids, and energy bars.
Browse the full “Dietary Supplements Market By Type (Tablets, Capsules, Powder, And Liquids), By Application (Additional Supplements, Medicinal Supplements, And Sports Nutrition), And By Region – Global Forecast To 2029” report at https://marketresearch.biz/report/dietary-supplements-market/
Global Dietary Supplements Market: Dynamics
Hectic lifestyle, unhealthy eating habits, and preference towards selective foods, especially among children and younger generation, is leading to insufficiency of certain vitamins, minerals, and other nutrients. As a result of poor health due to insufficiencies in diet or food intake, dietary supplements are recommended, and rising incidence of this issue is driving growth of the target market to a significant extent. In addition, dietary supplements are recommended for elderly individuals due to poor intake of solid foods due to various reasons, and this is a major consumer base globally. The global aging population is expected to continue to drive demand for dietary ingredients, which I turn will drive growth of the target market over the forecast period. Consumption of dietary supplements offers various benefits such as improving muscular strength, stamina and overall physical performance, and preventing a variety of diseases and health conditions. Dietary supplements also help in addressing women’s high nutrient needs during pregnancy, and it is safe even if taken with a combination of drugs as a method of complementary or alternative treatment for health conditions.
Global Dietary Supplements Market: Forecast
The comprehensive research report comprises a complete forecast of the global dietary supplements market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global dietary supplements market is expected to expand at a CAGR of 7.7% over the forecast period.
Global Dietary Supplements Market: Segmentation Snapshot
The market report has been segmented on the basis of ingredients, type, application, and region. The ingredient segments include botanicals, vitamins, minerals, amino acids, enzymes, and others. The type segments include tablets, capsules, powder, and liquids. The application segments include additional supplements, medicinal supplements, and sports nutrition. The end user segments include children, adults and old-aged. The regions covered in the analysis include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Ingredient: The vitamin segment is expected to account for highest revenue share contribution as compared to other ingredient segments, and is projected to register highest CAGR of over 8% over the forecast period.
By Type: The tablet segment is expected to account for highest revenue share contribution as compared to other type segments, and is projected to register highest CAGR of over 7.8% over the forecast period.
By Application: The additional supplements segment is estimated to account for highest revenue share contribution as compared to other application segments, and is projected to register highest CAGR of over 7.7% over the forecast period.
By End-user: The adult segment is projected to account for highest revenue share in the global market, and is projected to register highest CAGR of over 7.6% over the forecast period.
By Region: The market in North America is expected to account for highest revenue share in the global dietary supplements market. The market in North America is projected to register highest CAGR of over 7.5% during the forecast period.
Global Dietary Supplements Market: Competitive Analysis
The research report on the global dietary supplement includes profiles of some major companies such as Archer-Daniels-Midland (ADM), DuPont de Nemours, Inc., Glanbia PLC, Koninklijke DSM N.V, Pfizer Inc., Carlyle Group, Bayer AG, Amway Corporation, Herbalife Nutrition Ltd., Nestlé S.A., GlaxoSmithKline plc, BASF SE, Danone S.A., Yakult Honsha Co., Ltd., and The Himalaya Drug Company.
Global Dietary Supplements Market: Industry, Size, Share, Growth, Trends, and Forecast, 2020–2029 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global dietary supplements market for 2019–2029.
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