The latest report on the Nutritional Supplements Market is 250 pages long and includes a number of tables and figures. This report covers the period from 2023 to 2030 and offers valuable insights into the market landscape.
Global Nutritional Supplements Market to reach USD 472.93 billion by 2027.Global Nutritional Supplements Market is valued approximately at USD 310.4 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2021-2027.
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Nutritional supplements consist of vitamins, proteins, minerals, and other ingredients..Nutritional supplements contains vitamins, minerals, proteins, and other necessary ingredients and are used in order to treat nutritional deficiency in human body. Rising awareness for immunity boosting supplements, healthy products launched by market players and increasing focus on health skin, hair and nails among men and women are driving the market growth. For instance, in March 2021, Avrio Health L.P. launched nutritional supplement products in pomegranate blueberry flavor and Senokot laxative tea which includes Senokot Laxative Gummies. Similarly, in February 2021, Oziva introduced vegan omega-3 multivitamin. Also, according to Natural Products Insider, in January 2021, Google searches for ???immunity supplement??? were three times higher than the same period last year, and at 84% of the average level of 2020. Furthermore, growing awareness regarding calorie reduction among athletes and gym goers are expected to fuel the growth in coming years. However, high cost and side effects due to excess consumption of nutritional supplements may hamper the growth during forecast period.
Among Asia Pacific, North America, Europe, Latin America, and Rest of the World, Asia Pacific is dominating the world in Nutritional Supplements market in terms of market share due to growing consumer health consciousness. Whereas, Latin America is expected to exhibit the highest growth rate over the forecast period 2021-2027, due to rising disposable income and increasing willingness to spend on nutritional products.
Major market player included in this report are:
Abbott Laboratories
Archer Daniels Midland (ADM)
American Health, Inc.
Amway Corporation
Arkopharma Laboratoires Pharmaceutiques
Nature’s Bounty Co.
Herbalife International of America, Inc,
Stepan Company
Pfizer Inc.
Nestle S.A.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Solid
Hollow
By Consumer Group:
Infants
Children
Adults
Pregnant
Geriatric
By Formulation:
Tablets
Capsules
Powder
Softgels
Liquid
Others
By Sales Channel:
Bick and Mortar
E-Commerce
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Nutritional Supplements Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Table of content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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