Global Dietary Supplement Market Size
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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.
Global dietary supplement market size. 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. A positive outlook toward the sports nutrition market is also among major driving factors. 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.
The dietary supplements market is preliminarily driven by the paradigm shift toward preventive health management practices amid rising healthcare costs and increasing burden of lifestyle diseases. Market size of herbal dietary supplements worldwide 2014 2015 latin america. According to the report global dietary supplements market valued at usd 132 8 billion in 2016 and is expected to reach usd 220 3 billion in 2022 and is anticipated to grow at a cagr of 8 8.
Market for animal feed additives 2012 2022 size by product. By 2022 the dietary supplements market is projected to generate around 220. 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.
This statistic shows the estimated and projected size of the total global dietary supplements market from 2016 to 2022. Guarana seed extract market revenue 2018 2023 u s. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand.
5 5 cagr dietary supplement market size outlook 2020 2027 categorizes the global market by type by application and by region industry analysis size share growth opportunities trends and forecast report.
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