The Global Wellness Supplements Market to Soar at a CAGR of 6.4% to 2020

The worldwide wellness supplements market is poised to reach USD 249.4 billion by 2020 from USD 183.1 billion in 2015, at a CAGR of 6.4% during the forecast period. North America is expected to dominate the wellness supplements Market in 2015, followed by Europe. However, Asia and the RoW regions are expected to grow at the highest CAGRs of 7.5% each during the forecast period.

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The growth of this market is mainly driven by factors such as rising geriatric population, growing prevalence of chronic diseases, rising awareness about benefits of wellness supplements, rising healthcare costs, and shift of consumers from care to preventive health. However, regulatory compliance is likely to restrain the growth of this market to a certain extent.

The report segments the wellness supplements market based on products and region. Based on products, the wellness supplements market is segmented into dietary supplements, functional/fortified food & beverages, food intolerance products and dermo-cosmetic essentials. The dietary supplements segment is expected to account for the largest share of the wellness supplements market, by product, in 2015. Factors driving growth in this segment are raising geriatric population, growing incidence of chronic diseases and increasing focus of consumers towards healthy lifestyles.

Apart from the comprehensive geographical analysis, product analysis, and market sizing; the report also provides a competitive landscape that covers the growth strategies adopted by industry players in the last three years. In addition, the company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted. The above-mentioned market research data, current market sizes, and forecast of future trends will help key players and new entrants make informed decisions regarding product offerings, geographical focus, and change in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Leading players in the wellness supplements market  such as Nestle S.A. (Switzerland), Abbott Laboratories (U.S.), Amway (U.S.), Otsuka Holdings Co., Ltd. (Japan), Herbalife Ltd. (U.S.), Archer Daniels Midland Company (U.S.), Glanbia plc (Ireland), NBTY, Inc. (U.S.), GNC Holdings Inc. (U.S.), and Nu Skin Enterprises, Inc. (U.S.). Other players in the market include Grupo Omnilife (Mexico), Forever Living (U.S.), Pola, Inc. (Japan), Shaklee Corporation (U.S.), and Usana Health Sciences Inc. (U.S.). Order a copy of Wellness Supplements Market by Product (Dietary Supplements (Vitamin, Mineral, Protein, Herbal), Functional/Fortified Food & Beverages, Food Intolerance (Gluten-Free, Lactose-Free), Dermo-Cosmetic Skin Essentials (Anti-Acne)) – Global Forecast to 2020 research report at:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms, garner greater market shares. Firms purchasing the report can use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

On a related note, Dietary Fibers Market forecasts a rise in CAGR of 13.2% to reach USD 4.31 Billion by 2020. In 2014, the global market was led by North America, where the U.S. is an important consumer both in terms of volume and value. China is expected to grow at the highest CAGR of 17.9% by 2020. Cargill, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), Südzucker AG (Germany), Ingredion Incorporated (U.S.), and Tate & Lyle PLC (U.K.) are the top players  has been profiled in the research report available at:

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