Dietary And Herbal Supplements Market

Despite potential health concerns herbal supplements remain popular in the united states where the overall market for dietary supplements reached an estimated 32 5 billion in sales in 2012 according to a paper published in the journal of nutrition.

Dietary and herbal supplements market. A positive outlook toward the sports nutrition market is also among major driving factors. Supplements are most in demand owing to their various health benefits. The global dietary supplements market size was estimated at usd 123 28 billion in 2019 and is projected to expand at a cagr of 8 2 during the forecast period.

Thereby the report provides historic market figures for the years 2018 and 2019 and offers an insight into the impact of covid 19 on the human dietary supplements market for. Over the last decade sales of vitamins minerals and nutritional and herbal supplements vmhs have surged and many new companies have entered the space. Putting covid 19 aside how have herbal and traditional dietary supplements shifted in recent years.

Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand. Vitamins and herbal dietary supplements market can be segmented as pediatric vitamins and dietary supplements herbal dietary supplements bottled nutritive drinks and others moreover rising healthcare cost is also propelling vitamins and herbal dietary supplements market as people are seeking for alternative options. Herbal and traditional dietary supplements have seen remarkably similar growth as a broader category in recent years.

Globally the market is now valued at 82 billion with roughly 28 percent of that in the u s where sales increased by approximately 6 billion between 2007 and 2012. The dietary supplements market in the region is anticipated to offer major investment opportunities especially for herbal and ayurveda extract based products. The latest report published by zeal insider provides an in depth analysis on the human dietary supplements market with actual market values for the years 2018 and 2019 along with forecast for a period from 2020 to 2028.

Global vitamins and herbal dietary supplements market. Vitamins and herbal dietary supplements are non pharmaceutical products consumed for their health benefits. Long standing cultural usage in areas like east and south asia has expanded westward to the u s.

London business wire the pet dietary supplements market is poised to grow by usd 666 55 mn during 2020 2024 progressing at a cagr of about 5 during the forecast period. This is because of the ample availability of raw materials in india and southeast asian countries.