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A positive outlook toward the sports nutrition market is also among major driving factors.
Dietary supplement market uk. Euromonitor international is the leading provider of strategic market research reports. The dietary supplements market which includes vitamins herbs enzymes amino acids and minerals is also booming. Value 2020 2025 table 89 forecast sales of dietary supplements by category.
The nutritional supplement market in the u k. Inc impact of covid 19 uk market and the behaviours preferences and habits of the consumer. Value 2017 2020 table 88 forecast sales of dietary supplements by category.
Euromonitor international reported that the sports nutrition market alone was expected to reach 799 million in 2018 rising by 13. This blog will examine the growth of this market in the uk and what could be causing such a high demand. Table 87 lbn brand shares of dietary supplements.
The dietary supplements market which includes vitamins herbs enzymes amino acids and minerals is booming within the uk. So big that a recent report by grand view research estimated that the dietary supplements market will be worth over 278 billion dollars around 214 billion pound sterling by 2024. Value growth 2020 2025 table 90 forecast sales of dietary supplements by category.
Uk market sales rise by 27 percent in two. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand. According to the national diet and nutrition survey on average nearly 33 0 of adults aged between 19 and 64 years and 40 of the people aged above 65 years consume dietary supplements in the u k.
Sports nutrition market bulks up. Germany was the second most prominent market in 2016 owing to its large population and increase in r d expenditure on food technology projects. 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.
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