Felton, 17 December
2019 - This report provides in depth study of “Dietary Supplements Market” using
SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the
organization. The Dietary Supplements
Market report also provides an in-depth survey of top key players in the
market which is based on the various objectives of an organization such as
profiling, the product outline, the quantity of production, required raw
material, and the financial health of the organization.
Global Dietary Supplements Market is expected to reach USD
278.02 billion by 2024, at a CAGR of 9.6% as the scope, product types, and its
applications are increasing across the globe. A dietary supplement is planned
in order to provide the necessary nutrients to the body which may otherwise not
be consumed in adequate amount. Dietary Supplements come in several forms such
as pills, powders, drinks, energy bars, capsules, etc. Dietary Supplements
generally consist of proteins, vitamins, fatty acids, fibers, etc. However, in
some circumstances dietary supplements may have risks.
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There are a number of factors that propel the growth of the
global Dietary Supplements Market such as increasing awareness regarding the
advantages of dietary supplements, maintenance of health, changing lifestyles,
medical conditions, doctor recommendations, and rapid innovation in products.
On the other hand, there are also factors that hamper the growth of the market,
such as lack of awareness regarding the amount of the supplements and negative
publicity & incorrect product claim. Additionally, there are also adverse
effects. For instance, consumption of excess amount of Vitamin A as a
supplement may cause liver damage, headaches, etc. Large doses of minerals and
vitamins may cause nerve damage, nauseas, weight loss, etc.
Market may be explored by ingredient type, forms, product,
applications, end users, distribution channel, and geography. Dietary
Supplements may be explored by ingredient type as Botanicals, Minerals,
Vitamins, Amino Acids, Enzymes, and Others. The other ingredients may consist
of extracts, concentrate metabolite, etc. In case of ingredients, vitamins were
extensively used and held a major share of the dietary supplements market.
Dietary Supplements may be explored by form as powder,
liquid and pills or soft gel. The pills or soft gel comprise of two classes the
pharmaceutical products and confectionary products. The pharmaceutical products
consist of chewable pills, pills and gel caps. The confectionary products
consist of gummies, chews and others. Dietary Supplements may be explored by
product as Tablets, Gel Caps, Capsules, Liquids, Powder, and Soft Gels. Dietary
supplements market may be explored by applications as Additional Dietary
Supplements, Medicinal Dietary Supplements, and Sports Nutrition and other
specific requirement (anti allergies, beauty supplements, etc.)
Some of the key players that fuel the growth of the Dietary
Supplements Industry include BASF SE, Herblife International, Glanbia Plc,
Royal DSM N.V., E. I. DU PONT DE NEMOURS AND COMPANY, Abbott Laboratories,
Bayer AG, NBTY Inc., and GlaxoSmithKline Limited, Amway Enterprises. The key
players are focusing on inorganic growth to sustain themselves amidst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
Market Segment:
Dietary Supplements
Ingredient Outlook (Revenue, USD Million; 2013 - 2024)
• Botanicals
• Vitamins
• Minerals
• Others
Dietary Supplements
Application Outlook (Revenue, USD Million; 2013 - 2024)
• Additional
Dietary Supplements
• Medicinal
Dietary Supplements
• Sports Nutrition
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Insights, Download Brochure @ https://www.millioninsights.com/industry-reports/dietary-supplements-market-size
Major Key Points in
Table of Content
1 Market Definition
2 Global Market by Vendors
3 Global Market by Type
4 Global Market by End-Use / Application
5 Global Market by Regions
6 North America Market
7 Europe Market
8 Asia-Pacific Market
9 South America Market
10 Middle East & Africa Market
11 Market Forecast
12 Key Manufacturers
13 Price Overview
14 Research Conclusion
Continued….
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