Dietary Supplements Market Research Report

 

GMI Research expects the market to expand at a significant rate during the forecast period. The increasing health concerns, growing emphasis on preventive healthcare, and drastically changing lifestyles and dietary habits across the globe are the key factors driving the growth of the global dietary supplements market.

Introduction of the Dietary Supplements Market:

Dietary supplements are manufactured products that contain one or more dietary ingredients, such as minerals, vitamins, herbs, amino acids, botanicals, and other substances that one can add to supplement the diet, reduces one's risk of health problems, and support good health. Various diet supplements can offer nutrients either obtained from food sources or that are synthetic, and one can have them in the form of a capsule, liquid, tablet, or pill.

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Dietary Supplements Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Some of the major factors propelling the growth of the dietary supplements market size include the increasing health concerns, growing emphasis on preventive healthcare, and the drastically changing lifestyles and dietary habits across the globe. There has been an increase in the demand of the market due to the rising emphasis of individuals towards the sports nutrition industry and the growing number of global sports events. Furthermore, rising awareness associated with health issues, growing disposable income, followed by the increasing prevalence of cardiovascular diseases, and the rising number of weight management programs are some other factors fuelling the growth of the dietary supplements industry in the upcoming years. On the other hand, the factors hampering the growth of the dietary supplement market in the upcoming years include growing demand for organic food, rigorous government regulations, and side effects regarding the over-consumption of dietary supplements.

Based on the region, the Asia-Pacific region is expected to dominate the market during the forecast period owing to the rising population and growing per capita income of people in developing countries, such as India, China, South Korea, and Japan. In addition to this, growing sales of multivitamin products, followed by the rising awareness about the significance of a healthy diet, are bolstering the growth of the dietary supplements market size in India. On the other edge, North America is anticipated to grow at a higher CAGR during the forecast period due to the growing adoption of dietary supplements among the working population and the increasing number of health-conscious population. Additionally, the strong demand for sports nutrition products and rising awareness associated with protein intake benefits among athletes and bodybuilders are the major factors accelerating market growth in the region.

Key Players of the Global Dietary Supplements Market:

·        Amway Corporation

·        Abbott Laboratories

·        Arkopharma Laboratoires

·        Bayer AG

·        Glanbia Plc

·        Pfizer Inc.

·        General Nutrition Centers, Inc.

·        Unilever

·        Gelesis

·        Archer Daniels Midland Co.

·        Herbalife International, Inc.

·        Nu Skin Enterprises, Inc.

·        GlaxoSmithKline Plc.

Dietary Supplements Market Segmentation:

Segmentation by Ingredient:

·        Vitamins

·        Botanicals

·        Minerals

·        Proteins & Amino acids

·        Fibres & Specialty Carbohydrates

·        Omega Fatty Acids

·        Others

Segmentation by Form:

·        Tablets

·        Capsules

·        Soft Gels

·        Powders

·        Gummies

·        Liquids

·        Others

Segmentation by Application:

·        Energy & Weight Management

·        General Health, Bone & Joint Health

·        Gastrointestinal Health

·        Immunity

·        Cardiac Health

·        Diabetes

·        Anti-cancer

·        Others

Segmentation by End-User:

·        Adults, Geriatric

·        Pregnant Women

·        Children

·        Infants

Segmentation by Distribution Channel:

·        OTC

·        Prescribed

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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