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Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand.
Dietary supplements market size. Vitamin and supplement market 2018 by. This rise is due to the tremendous demand for additional drugs to treat and prevent various diseases. Market size of herbal dietary supplements worldwide 2014 2015 latin america.
Dietary supplements market size by ingredient 2016 2024 value of the u s. London business wire set to grow by usd 26 70 billion during 2020 2024 technavio s latest market research report estimates the dietary supplements market to register a cagr of over 4 with. 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.
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. The global market for dietary supplements is divided into sports foods medicinal supplements and additional supplements depending on use. Vitamin and supplement market 2018 by category unit sales of the u s.
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. Dietary supplements analysis indicates that growing awareness of preventive healthcare will drive market growth. Guarana seed extract market revenue 2018 2023 u s.
The market is backed by rising health awareness. In 2019 the largest portion of the global dietary supplement market was an additional supplement. Growing popularity of e commerce channels will also drive dietary supplements industry growth.
A positive outlook toward the sports nutrition market is also among major driving factors. The market is backed by rising health awareness globally among consumers of all age groups coupled with a considerable rise in the number of fitness centers and gymnasiums.
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