Dietary Supplements Market Bifurcations, Drivers, Restraints, and Trends Forecast 2023-2028
MarkNtel Advisors – Leading Market Research Company found Global Dietary Supplements Market is expected to reach 7.5% CAGR Growth By 2028.
This report provides a comprehensive analysis of the Global Dietary Supplements Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Dietary Supplements Market
Base Year: 2022
Forecast Years: 2023-2028
Historical Years: 2018-2021
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Scope of the Dietary Supplements Market Report:
The Global Dietary Supplements Market is projected to grow at a CAGR of around 7.5% during the forecast period, i.e., 2023-28. Rapid urbanization and increasing disposable income, paired with a substantial shift in consumers’ lifestyles, buying patterns, and dietary habits, have positively influenced the demand for dietary supplements worldwide. Another crucial factor thriving the market growth is the growing health awareness that has led to the adoption of more nutrient-specific products in recent years. This predominantly attributes to the emerging consumer need for daily requirements of micronutrients in the body and increased consumer spending on health & wellness products.
Which prominent factor is expected to drive the Dietary Supplements Market during 2023-28?
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.
What are the different Segment Available in the Dietary Supplements Market?
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
- 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
- Asia-Pacific
- Middle East
- Africa.
Browse Full Report Along with TOC and Figures –
Leading Dietary Supplements companies operating in the Market
- Amway
- Abbott Laboratories
- Arkopharma Laboratories Pharmaceutiques
- Bayer
- Glanbia
- Pfizer
- Archer Daniels Midland
- Carlyle Group
- NBTY Inc
- GlaxoSmithKline.
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