The global Dietary Supplements Market is forecasted to be worth USD 235.87 Billion in 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the growing demand for supplements in the sports nutrition industry. Besides, the increasing incidence of malnutrition of infants in developing countries is expected to provide growth opportunities for the market players. The emergence of e-commerce portals worldwide is most likely to fuel the sales of the products.
The report further analyzes the factors and initiatives contributing to the growth of the market. The study suggests that the leading companies are capitalizing on the opportunities emerging in the market and are expected to benefit from the options. The shift in consumer preferences and growing demand will contribute to the growth of the market.
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Industry Size – USD 150.80 billion in 2019, Industry Growth – CAGR of 6.2%, Market Trends –Growing demand for personalized dietary supplements
Key market players included in the study are:
Abbott Laboratories, Amway, Nestle S.A., GlaxoSmithKline, Herbalife Nutrition Ltd., Glanbia, Bayer AG, Arkopharma Laboratories Pharmaceutiques, Pfizer, and Archer Daniels Midland, among others.
The report analyzes the strategic alliances observed in the market for new products, partnerships, and collaborations between key players. The report investigates key aspects such as financial standing, research and development, product offerings, current deals, investments, and strategic alliances such as mergers and acquisitions, joint ventures, product launches, brand promotions, and corporate deals, among others.
- Ingredient Outlook (Revenue, USD Billion; 2017-2027)
- Herbal Supplements
- Omega fatty acids
- Fibers & Specialty carbohydrates
- Protein & Amino acids
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online Channels
- Supermarkets & Hypermarkets
- Pharmacies & Drug Stores
- End user Outlook (Revenue, USD Billion; 2017-2027)
- Pregnant Women
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Bone & Joint Health
- Energy & Weight management
- Form Outlook (Revenue, USD Billion; 2017-2027)
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The study further explores and provides an in-depth analysis of current market dynamics and recent trends, focusing on various key factors and potential growth opportunities and risks. The report focuses on leading regions and their major countries to anticipate market growth in the forecast years. The major geographical regions included in the study are North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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