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High demand for additional supplements
Vancouver, BC, Canada, April 4, 2022 /EINPresswire.com/ — Read this report to find out the total addressable market for the dietary supplement industry
As per the latest analysis by Emergen Research, the global dietary supplement market size is expected to reach USD 145.4 billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period. Rising demand for vegetarian products and rising prevalence of obesity and diabetes globally is expected to support the market revenue growth between 2021 and 2030.
The rising trend of vegetarianism is driving the demand for plant based dietary supplement products, which is expected to drive the revenue growth of the market during the forecast period. Plants contain some of the essential nutrients found in animal-based products. The phytochemicals, antioxidants, vitamins and minerals present in plants can help to balance the immune system as well as keep human cells healthy. A healthy immune system is essential to reduce the risk of diseases such as cancer because this system can recognize and attack mutations in cells before they can progress to disease. In addition, prolonged inflammation can damage tissues that can lead to cancer and other inflammatory diseases, including arthritis, and plant-based dietary supplements may prevent these diseases and damage cells in the human body and aging. can help protect against
Dietary Supplements Market,’ published by Emergen Research, provides the reader with a comprehensive view of the global Dietary Supplements industry, acquainting them with the latest market trends, industry insights and market share.
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The report provides an in-depth analysis of the global market, primarily focusing on each segment and sub-segment of the dietary supplement market. The market forecasts covered in the report are done by our team of experts and are very important as they provide deep insights into various important industry parameters. These facts and figures help readers to evaluate the growth of the global market, production and consumption rates, volatility in demand and product prices, and the upcoming market trends over the anticipated period. The market research report comprises of key details on the global dietary supplement market price based on the market dynamics and various growth factors. It explores several key aspects of the market, including the latest technological innovations, ongoing trends and growth opportunities in the industry. One of the most important components of the report is the SWOT analysis, which is accompanied by a detailed overview of the competitive landscape of the market.
The major companies covered in the report are:
Abbott, Amway Corp., Procter & Gamble, Nestle, Herbalife International of America Inc., ArcoPharma, Glanbia Plc, Nature’s Sunshine Product Types, Inc., American Health, and Capstone Nutrition, LLC.
To learn more about the report, visit @ https://www.emergenresearch.com/industry-report/dietary-supplements-market.
Emergen Research has segmented the global dietary supplement market on the basis of product type, function, application, target consumer, and region:
Product Type Outlook (Revenue, USD billion; 2019–2030)
Botanicals
Minerals
Vitamins
amino acids
enzymes
Probiotics
herbal supplements
Other
Function Outlook (revenue, billion dollars; 2019–2030)
medicinal supplement
Sports Nutrition
additional supplement
Application Outlook (revenue, USD billion; 2019–2030)
bone and joint
energy and weight management
Diabetes
immunity
Other
Target Consumer Outlook (revenue, billion dollars; 2019–2030)
babies
Children
adults
pregnant women
old age
A closer look at aspects including market segmentation by end-user, end-use, geography, type and application form an integral part of the research report. Furthermore, an in-depth analysis of key factors such as spending capacity, gross margin, business environment and profits for the forecast period 2021 – 2030 holds vital information and is based on curated facts and logical reasoning. Importantly, validation of recent acquisitions and mergers, collaborations and product launches data serves as testimonials for stakeholders, field marketing personnel, product manufacturers and business evangelists on how a product will position itself in the real world for years to come. Will happen.
Highlights of the report
Due to the worldwide adoption of vegetarian diets, the herbal supplements segment had a significant revenue share in 2021. Herbal supplements are made from the roots, seeds, berries, leaves, bark and flowers of plants, and are highly valued for their healing benefits. Herbal supplements help in boosting immunity without side effects and are more effective in providing symptomatic relief especially while fighting allergies.
The energy and weight management segment is expected to account for the largest revenue share in the forecast period, owing to increasing health awareness among consumers and increasing number of weight management programs. Dietary supplements contain a variety of ingredients, such as vitamins, herbs, minerals, fiber, caffeine, and others, which can help boost energy, build muscle, and improve nutrition.
The Asia Pacific market is expected to account for a substantial share of revenue due to the increasing prevalence of diabetes and obesity among adults and children due to changing lifestyle and eating habits. Growing population and increasing health awareness among consumers is driving the spending on health-enhancing products, which is driving the revenue of Asia Pacific market.
Key Sectors Covered in the Dietary Supplements Market Report:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Key reasons to buy this report:
The report presents an in-depth examination of the dietary supplements market, which elaborates on its main segments. The report provides historical and future assessment of market dynamics and provides accurate data in a systematic order.
The report evaluates the most prominent market growth potential, dynamic market trends, driving factors, restraints, investment opportunities and threats.
The report includes an in-depth study of industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape and effective business strategy.
The report further identifies the key segments and segments dominating the market. These sectors are expected to register rapid growth in the forecast period.
A SWOT analysis is conducted on the leading companies engaged in the dietary supplement market to provide a better understanding of the strengths, opportunities, weaknesses and threats of the major companies. It also covers production and consumption rates, volatility of prices and demands, market share, market size, global position and market position of each player. The report also analyzes key elements such as growth trends, concentration areas, business expansion strategies, market access and other key features that provide practical data for companies to strengthen their position in the dietary supplement industry.
Thank you for reading our report. Customization of reports is available as per the requirements of the clients. In case of further questions regarding the report, contact us. Our team will ensure that your report is prepared as per your requirements.
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