Global Dietary Supplements Market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2026, at a CAGR of XX % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Global Dietary Supplements Market
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The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding Dietary Supplement’s market dynamics, structure by identifying and analyzing the market segments and project the global market size.
Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Dietary Supplements market.
Dietary enhancements have a prime goal to improve the admission of fundamental nourishing parts in the human body. Developing prevalence of cardiovascular disorders on account of fluctuating diet patterns and inactive lifestyle among the age-group of 30-40 is expected to promote the importance of pharmaceuticals.
Rising awareness towards calorie reduction among athletes and gym professionals in countries including China, India, and Italy is expected to promote the application movement in the sports nutrition industry. Furthermore, the increasing importance of protein on a global level due to the implementation of new advertising campaigns by companies including Pfizer and Amway is expected to have a significant impact. Vitamins-based dietary supplements hold the largest share in the market. These product forms are available in a variety of formulas by age, sex, or specific nutritional requirements.
Global Dietary Supplements Market Segment Analysis:
Based on the product, Tablets dominate the market. Increasing demand for microencapsulation in the pharmaceutical industry to ensure the controlled release of finished ingredients coupled with maintaining the color characteristics is expected to force supplements manufacturers to use capsule dosage forms. The global demand in powder form is expected to increase owing to rising demand from athletes and bodybuilders.
Over the past few years, the healthcare manufacturers such as GSK and Pfizer have been increasing spending on manufacturing dietary supplements in the form of fluids to their consumer bases. Botanical-derived dietary forms are expected to remain the fastest-growing segments on account of rising concerns over the side effects associated with the consumption of synthetic supplements. Further, the rising importance of Ayurveda in healthy nutritional sources on account of being supplements with the zero-side effect is expected to open new markets for botanicals.
Based on the application, the additional supplements sector dominated the market. Multivitamin products as tablets and containers are significantly utilized as extra dietary enhancements. Moreover, these supplements are consumed to maintain a healthy lifestyle, and keeping the nutrition level on a daily basis is expected to drive the demand for the product over the forecast period.
Based on the end-use, the adult segment holds more than 50% share in the Dietary Supplements Market. Developing interest for nourishing enhancements among game competitors just as working experts is relied upon to expand the application in grown-ups’ segment. The children segment also expected to grow at a high CAGR during the forecast period. Application development of nutrient enhancements among kids for giving tissue and bone fix, solid skin, and invulnerable reactions is required to have a generous effect.
Global Dietary Supplements Market Regional Analysis:
Geographically, Asia Pacific holds the largest share in the dietary supplements market. Rising awareness towards nutritional enhancement in China and India is expected to remain a favorable factor for the market. Increasing market size for useful sustenance’s insignificant markets of Germany, UK, France, and Italy by virtue of the simplicity of joining of wholesome fixings is relied upon to represent a substitution risk to dietary enhancements’ industry over the forecast time frame. North America is relied upon to observe an increase in development over the estimated time frame inferable from the move of enthusiasm among adults.
Global Dietary Supplements Market, Key Highlights:
• Global Dietary Supplements Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Dietary Supplements Market
• Global Dietary Supplements Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Dietary Supplements Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Dietary Supplements Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Dietary Supplements Market are also profiled.
The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
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Global Dietary Supplements Market, by Ingredient
• Amino Acids
Global Dietary Supplements Market, by Product
• Soft Gels
• Gel Caps
Global Dietary Supplements Market, by Application
• Additional Dietary Supplements
• Medicinal Dietary Supplements
• Sports Nutrition
Global Dietary Supplements Market, by End-Use
• Pregnant Women
Global Dietary Supplements Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Global Dietary Supplements Market : Key Players
• Abbott Nutrition
• Advocare International
• BASF Corporation
• Herbalife Ltd
• Chemi Nutra
• Bayer Healthcare LLC
• Amway, Biosyntrx, Inc.
• HORN Nutraceuticals
• NBTY Inc
• Novartis AG
• A1 Supplements
• Enzymotec USA
• The vitamin Shoppe
• NOW Foods
• General Nutrition Companies
• Omega Protein
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