The Dietary Supplement Industry

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.

The dietary supplement industry. For instance in march 2018 the ght companies announced the launch of new product line of 100 vegan supplements. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand. According to an independent analysis funded by crn and conducted by john dunham and associates our industry is a major economic engine successfully employing more than 750 000.

Global dietary supplements market is projected to grow with a cagr of 6 9 during the forecast period 2020 2025. Such factors have promoted the sale of dietary and nutritional supplements in the form of powder liquids and capsules across the globe. Output generated indirectly by u s.

The global market value of the industry was 124 billion in 2018 and the experts believe it will exceed 200 billion by 2026. Here is what you can expect from the industry and which supplements will enjoy a popularity boost in 2020. A positive outlook toward the sports nutrition market is also among major driving factors.

Statista in 2016 the total value of the us supplement gummy market was 2 68 billion and it is predicted to grow to an astonishing 4 17 billion by 2025. Information for industry on dietary supplements fda skip to main content. Increasing innovation by key as well as small market players operating in the dietary supplements industry is further augmenting the growth of the market at the global level.

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. Information for industry resources and links for applications forms guidance and other items of interest to industry members. For now our focus remains on 2020 and supplement trends that we can expect over the coming months.

Tips for dietary supplement users including older supplement users. Dietary supplement industry facts reveal that gummies will be one of the most desirable products in the following years and their sales are predicted to double. The dietary supplements industry is driven by the hectic work schedules among working individuals coupled with fluctuations in diet intervals.