Dietary Supplements Market Size South Africa

South america brazil argentina colombia etc the middle east and africa saudi arabia uae egypt nigeria and south africa this report covers all the essential information required to understand the key developments in the nutrition dietary supplements market and growth trends of each segment and region. According to a report released by zion market research earlier this year the global dietary supplements market was valued at us 132 8 billion in 2016 and is expected to reach us 220 3 billion by 2022. Euromonitor international is the leading provider of strategic market research reports.

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The middle east and africa dietary supplement market is projected to witness a cagr of 8 2 during the forecast period 2020 2025.

Dietary supplements market size south africa. On the basis of geography the report offers analysis of the nutraceutical market in south africa nigeria egypt rest of africa. It provides the latest retail sales data 2015 2019 allowing you to identify the sectors driving growth. It is anticipated to grow at a compound annual growth rate cagr of 8 8 over the next five years.

Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand. This growth occurred despite. The overall supplement market in south africa has increased from r2 9 billion in 2014 to r3 8 billion in 2016 which is a growth rate of 13 5 percent annually.

Prior to the review period vitamins and dietary supplements were sold in south africa without any regulation. A positive outlook toward the sports nutrition market is also among major driving factors. Euromonitor international s dietary supplements in south africa report offers a comprehensive guide to the size and shape of the market at a national level.

Purchase the dietary supplements in south africa country report as part of our dietary supplements market research for february 2020. However since the end of 2013 vitamins have been classified as complementary and alternative medicines cams with strict controls covering ingredients and labelling. The dietary supplements segment is further sub segmented into vitamins minerals botanicals enzymes fatty acids proteins and other dietary supplements.

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. Despite the south african economy showing sluggish growth over the past few years the vitamins and supplements market in south africa has increased from r2 9 billion in 2014 to r3 8 billion in. Dietary supplements are an emerging market in the middle east and africa region which is driven by growing health awareness increasing self medication expansion of distribution networks and the entrance of new brands.