Nutritional
supplement
are substances that provide adequate amounts of essential nutrients required
for the better functioning of human bodies. It contains vitamins, proteins,
herbs, meal supplements, sports nutrition and other related products that are
used to improve the nutritional content of the diet. They are added to the diet
to boost the overall health and energy, to provide support to the immune system
and to reduce the risk of illness. The global nutritional supplement market is
expected to expand at a CAGR of 10.01%, leading to a global revenue of USD
245.43Bn by 2023.
The nutritional supplement market is
segmented on the type of ingredients (vitamins, proteins, amino acids, enzymes
and botanicals) and end users (infants and adults). Asia-Pacific is the fastest
growing region for the nutritional supplement market due to the growing demand
in China, Japan and India.
Key
growth factors
The increasing consumer awareness for healthy
living and healthy diet, increasing urbanization and changing lifestyles,
prevention of diseases, awareness towards weight management among working
professionals, development in the retail and pharmaceutical industries,
innovation in product offerings, modernization of retail channels is some of
the key factors that are driving the nutritional supplement market.
Threats
and key players
Although the nutritional supplement market is
expected to have a positive growth worldwide, factors such as lack of awareness
about the consumption of dosage of nutrition supplements, negative publicity,
fake product claims may hinder the growth of the market.
Some of the major players in the nutritional
supplement market are Amway Corporation, Abbott Laboratories, Herbalife
International, DSM, Nestle Nutritionals, Bayer, GlaxoSmithKline Limited,
Glanbia Plc, Archer Daniels Midland Company, Arkopharma Laboratories.
What is
covered in the report?
1. Overview of the global nutritional
supplement market.
2. Market drivers and challenges in the
global nutritional supplement market.
3. Market trends in the global nutritional
supplement market.
4. Historical, current and forecasted market
size data for segments based on type of ingredients (vitamins, proteins, amino
acids, enzymes and botanicals).
5. Historical, current and forecasted market
size data for segments based on end users (infants, adults).
6. Historical, current and forecasted market
size data for segments based on geography (North America, Europe, Asia-Pacific,
Latin America and the Middle East and Africa).
9. Analysis of the competitive landscape and
profiles of the major companies operating in the market.
For more
enquiry contact our sales team at: sales@ingeniousreports.com,
+ 1 347 480 2054
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