Dietary Supplements Market to Witness the Highest Growth during 2020-2027
Market Overview
The global dietary supplements market has witnessed a surge of growth in terms of revenue in recent past years, owing to the increasing awareness about health benefits of dietary supplements is driving growth of the market globally. Dietary supplements are used in order to treat nutritional deficiency in the human body. Dietary supplements consist of vitamins, minerals, proteins, and other necessary ingredients.
Health benefits associated with consumption of dietary supplements are reduction in signs of aging and improved cardiovascular health, among others. There has been increasing focus among women on maintaining healthy skin, hair, and nails, as well as a rising need to prevent premature skin aging, and rising preference for effective and safe beauty solutions. Such factors are expected to drive growth of the dietary supplements market during the forecast period.
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Market Dynamics
Increasing costs of healthcare & medicines has led people towards shifting towards dietary supplements to stay healthy. Dietary supplements provide health benefits such as lowering cholesterol & cardiovascular diseases, prevention of cold & flu, strengthening the immune system, prevention of migraine headaches, treatment of rheumatic diseases, allergies, triglyceride levels and blood pressure and cognitive diseases at lower costs. Rising demand for organic and natural products is aiding growth of the global nutritional supplements market.
Detailed Segmentation:
Global Dietary Supplements Market, By Form:
Soft gel/Pills
Confectionery Products
Gummies
Chews
Others (Lollipops, hard-boiled candies)
Pharmaceutical Products
Chewable Pills and Pills
Gelcaps
Pharmaceutical Products
Chewable Pills and Pills
Gelcaps
Key companies covered as a part of this study includes Abbott Laboratories, Amway (Nutrilite), DuPont, NBTY Inc., Royal DSM N.V., Glanbia Plc., Bayer AG, GlaxoSmithKline PLC., Herbalife International, and BASF SE
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