Food & Beverages / Dietary Supplements Market Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players- Amway Corp., Glanbia PLC, Abbott, Bayer AG, Pfizer Inc., ADM, Nu Skin Enterprises, Inc., GlaxoSmithKline Plc
Dietary Supplements Market Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players- Amway Corp., Glanbia PLC, Abbott, Bayer AG, Pfizer Inc., ADM, Nu Skin Enterprises, Inc., GlaxoSmithKline plc
Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Dietary Supplements Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.6% during the review period (2022 to 2027).
Global Dietary Supplements Market overview
Dietary supplements are defined as products that contain at least one dietary ingredient within them and can be expended orally. The global market is driven by the rising popularity of sports-based and athletic presentation enhancement supplements. The developing consumer needs of addressing daily requirements of micronutrients in the body and increased consumer spending on health & wellness products are expected to fuel the food supplements market. Furthermore, initiatives taken by several governments to support the production of herbal additions are expected to positively impact market growth.
Dietary supplements market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses chances in terms of emerging income pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and ascendency, creation approvals, product launches, topographical expansions, technological innovations in the market. To gain more info on dietary additions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Who are the Prime Players in Dietary Supplements Market?
The Global Dietary Supplements Market includes identification and analysis of the various market participants competing in the global market. Prime competitors include Amway Corp., Glanbia PLC, Abbott, Bayer AG, Pfizer Inc., ADM, Nu Skin Enterprises, Inc., GlaxoSmithKline plc, Bionova, Ayanda, Arkopharma, Herbalife International of America, Inc., Nature’s Sunshine Products, Inc.
Industry News and Updates:
Feb 9, 2022: Amway India launches nutrition supplements in gummies and jelly strips
Amway India has launched nutrition supplements in trendy, tasty, convenient and simplified formats like flavourful gummies and mouth dissolving jelly strips under its flagship brand Nutrilite.
MAY 16, 2022: Glanbia Nutritionals has acquired Sterling Technology, a US-based leading manufacturer of dairy bioactive solutions derived from bovine colostrum, for $60 million plus deferred consideration.
What are the major Applications, Types and Regions for Global Dietary Supplements Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Vitamins
Minerals
Enzymes
Fatty Acids
Proteins
Others
By Application, it is segmented into
Tablets
Capsules
Powders
Liquids
Soft Gels
Gel Caps
Global Dietary Supplements Market Regional Analysis
North America accounted for the largest share of the Dietary Supplements Solutions market (TCP market) in 2020, followed by APAC and Europe. The utilization of TCP is expected to witness the highest growth in the region during the forecast period. The market in this region is driven by the presence of global pharma and biopharma industries.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Global Dietary Supplements Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Dietary Supplements Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Global Dietary Supplements Market scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 7.6% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Dietary Supplements Market Report
Evaluate Dietary Supplements market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Dietary Supplements market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Question
What is the study period of this market?
The Global Dietary Supplements Market is studied from 2022-2027.
Who are the prime players in the Global Dietary Supplements Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
