The detailed market intelligence report on the Dietary Supplements market applies the best of both primary and secondary research to the competitive landscape and the prominent market players expected to dominate the dietary supplements market for the forecast period, 2018-2025 scans through the company. A detailed evaluation of the major events such as acquisition and mergers, collaborations, product launches, new entrants, and technology advocements offers a complete overview of the future of the dietary supplements market.
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Global dietary supplements market size was $ 126.14 billion in 2016 and is expected to grow at a CAGR of 8.6% by 2025. The recent regulatory changes by organizations have as a result of FDA approval the set regulations.
Dietary supplements are primarily consumed to provide nutrients or to provide non-nutrient chemicals which has a beneficial effect in the body. They are obtained from variety of sources; plants, microbial strains, seafood, animal organs, and more. The increased demand for dietary supplement products.
Aging population in the US, European countries, and Japan has led to enhanced search for products that cure such ailments. This is expected to increase the demand for dietary supplements during the forecast period. In the last decade, the demand as well as sales for vitamins, minerals, and nutritional and herbal supplements has shown steep increase in major parts of the world.
Moreover, the recent surveys in North America have insatiable responsibilities regarding information relating to preventive healthcare. Advertisements in any medium regarding dietary supplements have significantly increased. Consumers in emerging markets including China and India are thus witnessing extensive demand for these products on account of Amway and Pfizer.
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Vitamin segment holds the largest market share in the dietary supplements market, by type
The vitamin segment hero in 2016. Vitamins of different types are capable of supporting muscular as well as ophthalmic health. It also helps in repairing DNA and making the immune system stronger. These products are used in variety of applications, for instance, among working professionals and sports athletes in the form of multivitamin tablets.
The other types of products in this segment are probiotics, proteins, minerals and others.
CAGR in the dietary supplements market, by application
Sports nutrition is projected to witness the fastest growth at a CAGR of 11.2% from 2016 to 2024. Rising demand for energy drinks forthe hydrogenation of whey and egg protein among sports athletes and health professionals for providing the necessary nutritional requirements is expected to augment dietary supplements consumption over the next eight years.
The growing demand for dietary supplements in sports nutrition as well as energy drinks added with whey and egg proteins is expected to showcase greater growth opportunities in the market. The requirement of necessary nutritional requirements by athletes and the booming fitness industry across the world are expected to increase demand for dietary supplements.
Major dietary supplements manufacturers are Abbott Laboratories, Carlyle Group, GlaxoSmithKline, Amway, Arkopharma, Bayer, Glanbia Nutritionals, Herbalife International.
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Key Points from Table of content:
7 Global Dietary Supplements Manufacturers Profiles / Analysis
7.1 21st Century
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2 Dietary Supplements Product Category, Application and Specification
7.1.2.1 Product A
7.1.2.2 Product B
7.1.3 21st Century Dietary Supplements Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.1.4 Main Business / Business Overview
7.2 Applied Nutrition
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.2.2 Dietary Supplements Product Category, Application and Specification
7.2.2.1 Product A
7.2.2.2 Product B
7.2.3 Applied Nutrition Dietary Supplements Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.2.4 Main Business / Business Overview
Continued … ..
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