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Analysis of Dietary Supplements Market 2019-2024: Industry Trends, Share, Size, Price, Revenue, Business Strategy, Production Technology Forecast to 2024

Dietary

The “Dietary Supplements Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Dietary Supplements industry. The information available in the Dietary Supplements market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Dietary Supplements market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Dietary Supplements Market:

  • Pfizer Inc.
  • Amway
  • Suntory Holdings Ltd
  • Glanbia PLC
  • Glaxosmithkline PLC
  • Abbott
  • Herbalife Limited
  • Reckitt Benckiser Group PLC
  • Bayer AG
  • Blackmores Limited
  • Otsuka Holdings Co. Ltd
  • Gnc Holdings Inc.
  • Sanofi
  • Merck Kgaa
  • Natures Bounty
  • Miki Corporation

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    Market Overview:

  • The dietary supplements market (henceforth, referred to as market studied) was valued at USD 101.38 billion in 2018, registering a CAGR of 6.9%, during the forecast period (2019-2024). The dietary supplements market is preliminarily driven by the paradigm shift toward preventive health management practices, amid rising healthcare costs and increasing burden of lifestyle diseases. Digitization in retail is expected to boost the future growth of dietary supplements. Moreover, the popularity of herbal supplements is also expected to drive the market growth in the future. Based on product type, the vitamin segment is steadily growing, whereas the fatty acid segment represents the fastest growing supplement segment due to the popularity of omega-3-based supplements. In the end user segment, the infant and children sub-segments are the fastest growing end-user segments as companies have increased their supplement portfolio based on the high demand for infant formulae. Asia-Pacific is the fastest growing region in the dietary supplements market, driven by major investment opportunities especially for herbal and Ayurveda extract-based products.

    Scope of the Report:

  • Dietary supplements are majorly consumed with a prime intention to enhance the intake of essential nutritional components in the human body. Dietary supplements market covers the knowledge of aggressive analysis, geographical regions, and manufacturers of dietary supplement.

    Reasons for Buying Dietary Supplements Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Rising Healthcare Cost and Focus on Preventive Health Management

    The global marketplace has witnessed a paradigm shift from curative practices to preventive management in healthcare, making it a prime growth factor for the market studied. Healthcare as an industry contributes extensively to the overall economy. Emphasis on care management, focus on paying for value, and rising general inflation are major factors influencing the healthcare cost. Population in the United States, Europe, and Japan is aging, prompting consumers to seek a variety of dietary supplements for maintaining and enhancing the overall health and well being. The healthcare cost is substantially high in emerging economies due to higher per-capita out-of-pocket spending on healthcare, amid the burden of communicable and non-communicable diseases. Such trends have prompted consumers to opt for dietary supplements. The growing importance of health as a lifestyle choice has attracted many companies to enter into the vitamin, mineral, and botanical segments of the market studied. Thus, the intense focus on the preventive healthcare system, coupled with robust endorsements and marketing efforts of lifestyle enhancement products, is driving the market studied.

    Asia- Pacific Dominate the Global Market

    The Asia – Pacific dietary supplements market has witnessed rapid growth in both developed and developing countries. Demand for supplements in countries like India, China, and Japan has increased in recent years, owing to the considerable presence of the aging population in such developing countries. Supplements are most in demand, owing to their various health benefits. The dietary supplements market in the region is anticipated to offer major investment opportunities, especially for herbal and Ayurveda extract-based products. This is because of the ample availability of raw materials in India and Southeast Asian countries.

    Dietary Supplements Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Dietary Supplements Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Porter Five Forces Framework
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Type
    5.1.1 Vitamin
    5.1.2 Mineral
    5.1.3 Botanical
    5.1.4 Enzyme
    5.1.5 Fatty Acid
    5.1.6 Protein
    5.1.7 Other types
    5.2 End User
    5.2.1 Adult
    5.2.2 Infant
    5.2.3 Children
    5.2.4 Pregnant Women
    5.2.5 Elderly
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Russia
    5.3.2.5 Italy
    5.3.2.6 Spain
    5.3.2.7 Rest of Europe
    5.3.3 Asia – Pacific
    5.3.3.1 China
    5.3.3.2 India
    5.3.3.3 Rest of Asia – Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 South Africa
    5.3.5.2 United Arab Emirates
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Most Adopted Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 Pfizer Inc.
    6.3.2 Amway
    6.3.3 Suntory Holdings Ltd
    6.3.4 Glanbia PLC
    6.3.5 Glaxosmithkline PLC
    6.3.6 Abbott
    6.3.7 Herbalife Limited
    6.3.8 Reckitt Benckiser Group PLC
    6.3.9 Bayer AG
    6.3.10 Blackmores Limited
    6.3.11 Otsuka Holdings Co. Ltd
    6.3.12 Gnc Holdings Inc.
    6.3.13 Sanofi
    6.3.14 Merck Kgaa
    6.3.15 Natures Bounty
    6.3.16 Miki Corporation

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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