According to the current analysis of Reports and Data, the global dietary supplements market was valued at USD 140.1 Billion in 2018 and is expected to reach USD 216.3 Billion by year 2026, at a CAGR of 5.5%. Dietary supplements are products intended to supplement the diet that contains one or more of the following dietary ingredients: vitamins, minerals, protein & amino acids, herbs or other botanical ingredients. Nutrition supplements can be taken in various forms such as in the form of pills, capsules, tablets, powder or in the form of liquids.
The growth exhibited by
the global dietary supplements market is a result of various factors such as
the developing economies and subsequently increasing income of consumers,
rising awareness about nutrition, hectic lifestyle, increasing geriatric
population, and spread of chronic ailments.
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The report presents a
panoramic view of the competitive landscape of the Dietary Supplements market,
covering details about the key manufacturers and companies, price analysis,
revenue estimation, gross profit margins, business expansion plans, and other
vital details that offers the readers deep insights into each company operating
in the industry. The report also focuses on strategic alliances in the Dietary
Supplements market, such as mergers and acquisitions, joint ventures, product
launches, brand promotions, collaborations, licensing agreements, partnerships,
corporate and government deals, and others.
Top
Players Analyzed in the Report are:
Abbott Laboratories,
GlaxoSmithKline, Archer Daniel Midland, Dupont, Amway, Bayer, Glanbia
Nutritionals, Herbalife International, Pfizer, DuPont and Reckitt Benckiser
Group
.For a comprehensive
value chain analysis, the report covers the downstream and upstream essentials of
the Dietary Supplements market. It also pays special focus on the growth
process, macro- and micro-economic factors, raw material sources analysis, and
other technical data. The report further segments the market on the basis of
types, applications, and regions and offers insights into the segments that have
the highest penetration and profit margin, along with recent developments based
on geographies.
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Ingredient (Revenue, USD
Million; 2016–2026)
- Botanicals
- Vitamins
- Minerals
- Protein & Amino acids
- Enzymes
- Others
Product (Revenue, USD
Million; 2016–2026)
- Tablets
- Capsules
- Powder
- Liquid
- Soft gels
- Gel caps
Application (Revenue, USD
Million; 2016–2026)
- Additional Supplements
- Medicinal Supplements
- Sports Supplements
Distribution channel
(Revenue, USD Million; 2016–2026)
- Hospital Pharmacies & Drug Stores
- Clinic Supermarkets &
Hypermarkets
- Online
- Others
Regional
Analysis Covers:
North America (U.S.,
Canada)
Europe (U.K., Italy,
Germany, France, Rest of EU)
Asia Pacific (India,
Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile,
Brazil, Argentina, Rest of Latin America)
Middle East & Africa
(Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Further
key findings from the report suggest
- Asia-Pacific
is expected to be the largest market for dietary supplements in 2026,
accounting for a significant share of the global market, followed by North
America and Europe. The market in Europe and North America will continue
to be very profitable due to the lack of price pressure which is common in
the Asia-Pacific region
- The
regulations guiding the North American region are varied, multifaceted and
have a great impact on the industry. For example, in the U.S.,
‘nutraceuticals’ mainly come under the category of vitamins and dietary
supplements. A range of regulations apply, notably the Dietary Supplement
Health and Education Act (DSHEA) from 1994, which covers dietary
supplements, the Federal Food Drug and Cosmetic Act, which covers all
foods and food additives, and Good Manufacturing Practice regulations from
2007
- North America
trails only the Asia Pacific region in terms of vitamin supplements. For
example, by 2026, the market for these types of supplements in the region
is expected to be around 20.44 billion. Greater awareness regarding
product usage and the proliferation of mobile apps advising patients with
proper pharmaceuticals will be a significant cause for growth.
Benefits
of Global Dietary Supplements Market Report:
·
Comprehensive analysis of the changing
market dynamics
·
A futuristic outlook on different factors
influencing the market
·
An 8-year forecast of the market growth
and expected revenue growth
·
Ease of understanding of the market, key
segments, and their future growth
·
In-depth analysis of the competitive
landscape to give an advantageous edge for the companies
·
Extensive insight into the market with
in-depth analysis of the segmentation
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