Market Potential Dietary Supplement

The global market for dietary supplements is divided into sports foods medicinal supplements and additional supplements depending on use.

Market potential dietary supplement. The report offers an up to date analysis regarding the current global market scenario the latest trends and drivers and the overall market environment. Since the dietary supplement health and education act dshea was passed 26 years ago the dietary supplement industry has been reshaped by a complex global supply chain the internet and newly discovered ingredients with unknown safety according to an ama council on. Recent immune health dietary supplement indicators now show that.

In 2019 the largest portion of the global dietary supplement market. A positive outlook toward the sports nutrition market is also among major driving factors. Immunity supplement growth is projected to spike above 25 in 2020.

Icrowdnewswire oct 20 2020 10 50 am et. The europe dietary supplements market growth is driven by the growing demand for vitamin and mineral containing dietary supplements among europeans. The supplement industry is on track to surpass 50 billion in annual sales.

40 of the individuals aged above 65 and 33 of grown ups aged between 19 and 64 years consume nutrition and dietary. The category capsules is the second largest market type in 2019 and is also expected to show potential growth over the forecast period. The report on the pet dietary supplements market provides a holistic update market size and forecast trends growth drivers and challenges as well as vendor analysis.

For instance in the opinion of the national diet and nutrition survey approx. 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. 17 of the top 20 vitamin category product are immune related.

2020 growth potential could be the highest in a decade. 1 1 dietary supplement market competition by manufacturers market share y o y growth market revenue rank 1 2 market concentration 1 3 comparative market share analysis leaders and emerging. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand.