Predictions for the Growth Scope of the Dietary Supplements
Market
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Market Overview
During the forecast period 2023-2028, the Dietary Supplements market is expected to expand at a CAGR of 7.5%. Given the profound aftereffects of the pandemic, MarkNtel
Advisors is constantly monitoring and assessing the positive and adverse impact of the pandemic. As such, current industry insights, alongside all major market players, are included in the well-researched report.
This study tackles a complete description of the Dietary Supplements market today and its trends in the historical period. Various market growth drivers, restraints, and trends are explained in detail while discussing the market's supply and demand side. Other than this, it also covers and researches key market players and their notable mergers and acquisitions in recent years.
Dietary Supplements Market Research Highlights
Market estimates and forecasts for 2023-28.
In-depth analysis of market shares, current trends, and future forecasts to find potential investment opportunities.
Key market drivers and constraints
Analysis by region, country, and segment
Competitor mapping and benchmarking
Brand and market share analysis
Potential and niche categories with promising growth potential
Key product innovations and regulatory environment
Impact of COVID-19 on Dietary Supplements Market and Navigation
Discuss cost structures, pricing, and procurement best practices.
We will supply the information as part of our customization if you need any kind of information that isn't covered by the scope of this report.
Key Market Segmentation
This section contains detailed information about the report's major segments and regions. Each component has been thoroughly researched, and the analysis includes data on the growth of each segment. The study describes the largest, most dominant, and fastest-growing segments, as well as their market share contribution.
-By Ingredients (Botanicals, Vitamins, Minerals, Proteins & Amino Acids, Omega Fatty Acids, Fibers
& Specialty Carbohydrates, Others)
-By Form (Tablets, Capsules, Soft gels, Powders, Gummies, Liquids, Others)
-By Application Type (Energy & Weight Management, General Health, Bone & Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti- Cancer, Others)
-By End User (Adults, Geriatric, Pregnant Women, Children, Infants), By Distribution Channel (OTC, Prescribed)
-By Region (North America, South America, Europe, APAC, Middle East, Africa)
Market Growth Drivers
Growth Driver: Intensifying Focus On Preventive Healthcare Practices to Propel the Adoption of Dietary Supplements
Consumers are becoming more aware of preventive healthcare practices due to the rising frequency of age- and lifestyle-related disorders. As a result, they are gravitating
toward items that promote good health, such as food additives, which is likely to boost the global market. Besides, growing innovation from market leaders, as well as new entrants, is likely to accelerate the market expansion globally. For instance, The GHT firms launched a new product line of nutrition that is entirely vegan in March 2018.
These goods intend to satisfy the rising demand for weight-management aids made from plants rather than animals.
The Dietary Supplements industry is expanding on a scale. To increase their presence and draw in a large client base in the upcoming years, major market players
concentrate on rising locations. A lucrative outlook is expected for the leading players of the market globally during the forecast period, owing to various factors. The key players analyzed in the report are:
Key Players - Amway, Abbott Laboratories, Arkopharma Laboratories Pharmaceutiques, Bayer, Glanbia, Pfizer, Archer Daniels Midland, Carlyle Group, NBTY Inc,
GlaxoSmithKline
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