Dietary Supplement Industry Income

New this year usage of boswellia lavender bone broth 5htp and theanine. A positive outlook toward the sports nutrition market is also among major driving factors. 21 2020 at 12 13 p m.

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Market size industry statistics.

Dietary supplement industry income. 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. Vitamins minerals herbs or other botanicals or amino acids. Asia pacific is the largest market for dietary supplements globally.

Press release dietary supplements market analysis revenue price market share growth rate forecast to 2026 published. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. More data on probiotics.

The analysis of global dietary supplements industry on the basis of type form distribution channel end user and regional markets. Revenue from vitamin and nutritional supplement production reached nearly 31 billion dollars in the united states in 2018 and the industry is set to add over a billion more in revenue in 2019. Dietary supplements market type analysis revenue 2020.

Under the dietary supplement health and education act of 1994 dshea a dietary supplement is defined as a product intended to supplement the diet and contains any of a number of ingredients such as. The marketplace for dietary supplements before the covid 19 pandemic was strong and growing globally. For over two decades the crn consumer survey on dietary supplements has served as the leading source for data on the attitudes and behaviors of the dietary supplement consumer.

Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand. Dietary supplements market was valued at usd 109 8 billion in 2013 and is expected to grow at a cagr of 7 4 from 2014 to 2020 to reach an estimated value of usd 179 8 billion in 2020. Industry market size for food health supplement stores.

More data on preferred delivery methods. From 2014 to 2019 vitamins and dietary supplements saw a global compound annual growth rate of 3 according to euromonitor international with growth strong in all regions. 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.