Global Dietary Supplements Market Size
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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.
Global dietary supplements market size. Global dietary supplements market is projected to grow with a cagr of 6 9 during the forecast period 2020 2025. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand. 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.
By 2022 the dietary supplements market is projected to generate around 220. 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 market is backed by rising health awareness.
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. This statistic shows the estimated and projected size of the total global dietary supplements market from 2016 to 2022. Market size and forecast.
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. The global dietary supplements market will grow by 26 70 bn during 2020 2024 dietary supplements market size to grow 26 7 billion during 2020 2024 rising awareness of preventative healthcare. The report herbal supplements.
A positive outlook toward the sports nutrition market is also among major driving factors.
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