Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Dietary
Supplement Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Dietary Supplement Market. The
research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Dietary Supplement Market over the short
as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Dietary Supplement Market is offered. In accordance
with the report, the global Dietary Supplement Market is projected to expand at
a CAGR of 7.50 % over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
A dietary
supplement is a product that is intended to supplement the diet and provides
nutrients like vitamins, minerals, fiber, fatty acids and amino acids.
A shift by
consumers towards healthy practices, amidst the ever increasing healthcare
costs and diseases caused due to hectic lifestyle is the major driver for
growth of global dietary supplement market. Manufacturers are now endorsing and
making efforts through marketing their dietary supplements, which is directly
increasing consumer awareness driving the market further. Various other factors
that help the dietary supplement market to gain traction globally are increasing income of consumers in developing economies,
geriatric population, and spread of chronic diseases. Also growing awareness
towards weight loss and calorie reduction, especially in regions like
North America & Europe have had a substantial impact on this market.
However, there are few restraining factors that are
expected to hinder the growth of global dietary supplement market in the forecast
period. Even though, manufacturers are engaging in promotional and marketing
activities to increase awareness amongst the population, there is comparatively
less awareness amongst few section of the society. These products
are highly expensive and are not considered as a necessity by few people
specially in the emerging region. Many consumers perceive it as a product that
might lead to various side effects due to which there might be a decline of
demand for dietary supplements in the forecast period.
Growth of
dietary supplements market in Asia Pacific region, specially countries like
India, China & Japan remains the fastest growing market due
to its aging population. Moreover, increasing demand of sports as a curriculum
activity in the current
education systems will promote intake of dietary supplements amongst
children.
Introduction of dietary
supplements with herbal and Ayurveda extract will further boost the growth of
this market and offer major investment opportunities.
Segment Covered:
This market
intelligence report on the global Dietary Supplement Market encompasses market
segments based on product type, form, application, end user, distribution
channels and country/regions.
In terms of type, the global Dietary
Supplement Market is segregated
into
§ Vitamins
§ Botanicals
§ Minerals
§ Herbal Supplements
§ Proteins & Amino Acids
§ Fibers & Specialty Carbohydrates
§ Omega Fatty Acids
§ Probiotics
§ Others
By form, the global Dietary Supplement Market is also classified into,
§ Tablets
§ Capsules
§ Soft Gels
§ Gel Caps
§ Powders
§ Gummies
§ Liquids
§ Others
By application, the global Dietary Supplement Market is also classified into,
§ Energy & Weight Management
§ General Health
§ Bone & Joint Health
§ Gastrointestinal Health
§ Immunity
§ Cardiac Health
§ Diabetes
§ Anti – Cancer
§ Others
ü Additional Supplements
ü Medicinal Supplements
ü Sports Nutrition
By end user, the global Dietary Supplement Market is also classified into,
§ Adults
§ Geriatic
§ Pregnant Women
§ Children
§ Infants
§ Others
By distribution channel, the global Dietary
Supplement Market is also
classified into,
§ Pharmacies & Drug Stores
§ Supermarkets & Hypermarkets
§ Online Channel
§ Others
By country/region, the global Dietary Supplement Market has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Amway (Nutrilite)
§ Arkoharma Laboratories Pharma
§ Abbott Laboratories
§ Archer Daniels Midland
§ Pfizer
§ Sanofi
§ Herbalife Nutrition
§ Glanbia Nutritionals
§ Abbott
§ NBTY
§ GlaxoSmithKline
§ Reckitt Benckiser
§ Merck
§ Carlyle Group
§ Nature’s Sunshine Products
§ FANCL
§ Bionova Lifesciences
§ XanGo
§ Biorio Pharm
§ American Health
§ Nu Skin Enterprises Inc.
§ The Himalaya Drug Company
§ Bayer & Glanbia and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Dietary Supplement related
investment & spending and developments by major players of the market are
tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Dietary Supplement Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Dietary
Supplement Market
is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Amway (Nutrilite),
Arkoharma Laboratories Pharma, Abbott Laboratories, Archer Daniels Midland,
Pfizer, Sanofi, Herballife Nutrition, Glanbia Nutritions, Abbott, NBTY,
GlaxoSmithKline, Reckitt Benckiser, Merck, Carlyle Group, Nature’s Sunshine
Products, FANCL, Bionova Lifesciences, XanGo, Biorio Pharm, American Health, Nu
Skin Enterprises Inc., The Himalaya Drug Company, Bayer & Glanbia and many
more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Dietary
Supplement Market
caters to the needs of various stakeholders
pertaining to this industry, namely suppliers, manufacturers, investors, and
distributors for Dietary
Supplement Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Dietary Supplement Market
v
Identification
of key factors driving investment opportunities in the Dietary Supplement Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants