Demand For Minimally Invasive Procedures Drives Dietary Supplements Market
Dietary supplements are substances that can be used to add nutrients to the diet. Eating a variety of healthy foods is the best way to get required nutrients. However, some people may not get enough minerals and vitamins from their daily diet. That’s the case, when doctors recommend dietary supplements to provide missing nutrients. Dietary supplements include herbals, amino acid, vitamins, minerals, and various nutrients. Over the years, demand for dietary supplements has increased due to the increasing prevalence of chronic diseases coupled with the growing geriatric population around the world. According to the United Nations, today, there are 703 million people aged 65 or older, and the number is expected to reach 1.5 billion by 2050. Dietary supplements provide several health benefits, such as help prevent migraine headaches, strengthen immune system, prevent cold and flu, reduce the risk of cardiovascular diseases, lower cholesterol, and treat allergies, rheumatic diseases, and cognitive diseases at lower costs. Moreover, they are used to treat nutritional deficiency in the human body. Thus, due to the aforementioned factors, the demand for dietary supplements is increasing worldwide. This in turn is expected to augment the growth of the dietary supplements market. However, there are some risks associated with the use of dietary supplements, which in turn restrain the dietary supplements market growth. Read more @ https://www.coherentmarketinsights.com/market-insight/dietary-supplements-market-3670
Dietary supplements are substances that can be used to add nutrients to the diet. Eating a variety of healthy foods is the best way to get required nutrients. However, some people may not get enough minerals and vitamins from their daily diet. That’s the case, when doctors recommend dietary supplements to provide missing nutrients. Dietary supplements include herbals, amino acid, vitamins, minerals, and various nutrients. Over the years, demand for dietary supplements has increased due to the increasing prevalence of chronic diseases coupled with the growing geriatric population around the world. According to the United Nations, today, there are 703 million people aged 65 or older, and the number is expected to reach 1.5 billion by 2050.
Dietary supplements provide several health benefits, such as help prevent migraine headaches, strengthen immune system, prevent cold and flu, reduce the risk of cardiovascular diseases, lower cholesterol, and treat allergies, rheumatic diseases, and cognitive diseases at lower costs. Moreover, they are used to treat nutritional deficiency in the human body. Thus, due to the aforementioned factors, the demand for dietary supplements is increasing worldwide. This in turn is expected to augment the growth of the dietary supplements market. However, there are some risks associated with the use of dietary supplements, which in turn restrain the dietary supplements market growth.
Read more @ https://www.coherentmarketinsights.com/market-insight/dietary-supplements-market-3670
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GLOBAL<br />
DIETARY<br />
SUPPLEMENTS<br />
MARKET<br />
<strong>Market</strong> Size (2019)<br />
US$ 160.8 BN<br />
CAGR (2019–2027)<br />
8.2%<br />
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Segmentation (Scope)<br />
By <strong>For</strong>m<br />
‣ Soft Gel/Pills<br />
• Confectionery / Products<br />
• Gummies<br />
• Chews<br />
• Others (Lollipops,<br />
hard-boiled candies)<br />
• Pharmaceutical Products<br />
‣ Powder<br />
‣ Liquid<br />
• Chewable Pills and Pills<br />
• Gelcaps<br />
By Application<br />
‣ Weight Loss, Sports Nutrition<br />
‣ General Wellbeing<br />
‣ Immune & Digestive Health<br />
‣ Bone & Joint Health<br />
‣ Heart Health<br />
‣ Other Specific Requirements (Beauty<br />
<strong>Supplements</strong>, Anti-Allergies, and Eye Health)<br />
By Ingredients<br />
‣ Vitamins and Minerals<br />
‣ Amino Acids<br />
‣ Botanical <strong>Supplements</strong><br />
‣ Others (Concentrate, Metabolite,<br />
Constituent, and Extract)<br />
By End Use<br />
‣ Men<br />
‣ Women<br />
‣ Senior Citizens<br />
‣ Others (kids & Toddlers)<br />
By Distribution<br />
Channel<br />
‣ Pharmacies & Drugstores<br />
‣ Health & Beauty Stores<br />
‣ Hypermarkets &<br />
Supermarkets<br />
‣ Online<br />
‣ Direct Selling<br />
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Major Drivers<br />
<br />
<br />
Increasing awareness for nutritional benefits of dietary<br />
supplements<br />
Rising amounts of spending on healthcare<br />
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NORTH<br />
AMERICA<br />
<strong>Market</strong> Size<br />
US$ 50.9 BN<br />
CAGR<br />
7.2%<br />
Major Drivers<br />
Launch of new products<br />
Increase in the number of partnerships<br />
and collaborations by key players<br />
Major Driver<br />
EUROPE<br />
<strong>Market</strong> Size<br />
US$ 49.6 BN<br />
Increasing product launches<br />
CAGR<br />
7.2%<br />
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Major Players<br />
Abbott Laboratories<br />
Glanbia Plc.<br />
Amway (Nutrilite)<br />
Bayer AG<br />
DuPont<br />
GlaxoSmithKline PLC.<br />
NBTY Inc.<br />
Herbalife International<br />
Royal DSM N.V.<br />
BASF SE<br />
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Global <strong>Dietary</strong> <strong>Supplements</strong> <strong>Market</strong>,<br />
Revenue Share (%), By Application, in 2018<br />
XX%<br />
52%<br />
XX%<br />
XX%<br />
Men<br />
Women<br />
Senior<br />
Citizens<br />
Others (Kids<br />
& Toddlers)<br />
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Global <strong>Dietary</strong> <strong>Supplements</strong> <strong>Market</strong><br />
– Opportunity Analysis<br />
Expanding retail<br />
and pharmacy<br />
chains across<br />
the globe<br />
Opportunity<br />
Analysis<br />
Growing<br />
spending on<br />
healthcare<br />
products<br />
coupled with<br />
the rising<br />
research and<br />
development<br />
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