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The global dietary supplements market size is projected to reach usd 230 73 billion by 2027 registering a cagr of 8 2 over the forecast period according to a new report by grand view research inc.
Dietary supplement industry billion. 4 billion in the year 2020 is. 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. Market growth cagr of 5 5 dietary supplements industry trends new.
A positive outlook toward the sports nutrition market is also among major driving factors. Global dietary supplements market to reach 298. Dietary supplements market size usd 140 1 billion in 2018 market growth cagr of 5 5 dietary supplements industry trends new product launches and preventive health management by.
The market is expected to grow above a cagr of 9 0 and is anticipated to reach over usd 306 8 billion by 2026. The global market value of the industry was 124 billion in 2018 and the experts believe it will exceed 200 billion by 2026. Amid the covid 19 crisis the global market for dietary supplements estimated at us 170.
The market growth is driven by. The rates of obesity and the increasing. Statista in 2016 the total value of the us supplement gummy market was 2 68 billion and it is predicted to grow to an astonishing 4 17 billion by 2025.
One thing is certain the supplement industry will continue growing over the coming years. The global dietary supplements market size was valued at usd 48 22 billion in 2019 and is projected to reach usd 117 92 billion by 2027 exhibiting a cagr of 9 8 during the forecast period 2020 2027. Dietary supplement industry facts reveal that gummies will be one of the most desirable products in the following years and their sales are predicted to double.
5 billion by 2027. The global dietary supplements market size was valued at usd 147 8 billion in 2019 and is forecast to reach usd 228 19 billion at a cagr of 5 5 through 2027. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand.
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