Global Dietary Supplement Market | Growth, Trends, Share, Size - PowerPoint PPT Presentation

About This Presentation
Title:

Global Dietary Supplement Market | Growth, Trends, Share, Size

Description:

Global Market for Dietary Supplements would witness a CAGR of 8.91% and is predicted to generate a revenue of approximately $306.12 million by 2028. Read More. – PowerPoint PPT presentation

Number of Views:143

less

Transcript and Presenter's Notes

Title: Global Dietary Supplement Market | Growth, Trends, Share, Size


1
The Global Dietary Supplement Market To Propel
at 8.91 of CAGR by 2028
Triton Market Research presents the Global
Dietary Supplement Market report segmented by
Ingredients (Vitamins, Amino Acids, Botanicals,
Minerals, Enzymes, Others), by Product (Capsules,
Liquids, Gel Caps, Tablets, Powder, Soft Gels),
by Application (Medicinal Supplements, Additional
Supplements, Sports Nutrition), by End-user
(Children, Pregnant Women, Infant, Adults,
Old-aged), by Geographical Region (North
America, Europe, Asia-Pacific, Latin America,
Middle East and Africa), discussing Porter's Five
Force Analysis, Drivers, Restraints, Vendor
Scorecard, Global Market Size, Forecasts
Analysis (2019-2028).
Triton Market Research depicts that the Global
Dietary Supplement Market is growing at a rate of
8.91 over the forecast period
2019-2028. Request a Free Sample https//www.trit
onmarketresearch.com/reports/dietary-supplement-ma
rketrequest-free-sample Dietary supplements
refer to products that are used in supplementing
the diet in the form of capsules, tablets,
powder or liquid. These supplements provide
nutrients like minerals, vitamins, amino acids
and fiber, extracted from synthetic or natural
food sources. Dietary supplements are mainly used
to fulfill the nutritional need of the body. The
increasing demand for supplements in the health
and wellness industry is the main factor driving
the global dietary supplement market. The advent
of sports nutrition and the growth in medical
nutrition are other drivers of the market
growth. The rising preference for healthy living,
coupled with the increasing awareness among the
people regarding dietary supplements, is
influencing the market growth positively. The
growing demand for nutraceutical products and the
developed sales channels are creating business
opportunities for market growth. Moreover, the
growth of plant-based supplements is likely to
open new
2
horizons for the market. Easy accessibility of
counterfeit products in the market is restraining
the market growth. Undefined scope of dietary
supplements creates regulatory concerns, which
can affect the market negatively. Considering
the regional landscape, Asia-Pacific is likely to
be the fastest-growing region for the dietary
supplement market in the forthcoming period. It
is also expected to be the largest market
contributing highest to the revenue. The
increasing awareness among the consumers
regarding the dietary supplements and its
benefits in the health and beauty industry in
countries like India, China, Australia New
Zealand and ASEAN countries is the main factor
driving the growth of the regional market. Some
eminent players in the global dietary supplement
market are Abbott, Pfizer Inc, GlaxoSmithKline
plc, Suntory Holdings Limited, Reckitt Benckiser
Group plc, Nature's Bounty, Glanbia plc, General
Nutrition Centers Inc, Merck KGaA, Otsuka
Holdings Co Ltd, Blackmores Group, Sanofi, Amway,
Herbalife International Inc and Bayer AG. The
presence of a large number of manufacturers in
the market makes the market highly competitive.
Companies are trying to increase their spendings
on strategic partnerships with retail chain
firms. New product development remains to be one
of the critical success factors of the global
market. Contact Us sales_at_tritonmarketresearch.co
m Phone 44 7441 911839
Write a Comment
User Comments (0)
About PowerShow.com