International Dietary Complement Market to Exceed $301 Billion
Dublin, Aug. 30, 2023 (GLOBE NEWSWIRE) — The “International Dietary Complement Market, By Product Sort; By Substances; By Kind; By Age Group; By Finish person; By Distribution Channel – Estimation & Forecast, 2017-2030” report has been added to ResearchAndMarkets.com’s providing.
The worldwide dietary complement market, valued at USD 167.94 billion in 2022, is projected to achieve USD 301.41 billion by 2030, registering a Compound Annual Progress Fee (CAGR) of seven.91% over the forecast interval.
Dietary dietary supplements, which intention to handle particular dietary deficiencies, promote well being, and help physiological features, have skilled elevated demand. These dietary supplements are available numerous types like capsules, tablets, powders, liquids, and gummies, catering to a variety of dietary wants.
Progress Influencers:
The rising demand for sports activities dietary dietary supplements and dietary dietary supplements, pushed by an increase in health and bodybuilding lovers, has considerably boosted the market. The youth demographic types a serious shopper base for these dietary supplements. Manufacturers like Optimum Vitamin have responded to this demand with new product launches.
The growing have to bridge the vitamin hole ensuing from declining meals high quality has additionally fueled the market. Trendy dietary habits and life-style selections usually result in nutrient deficiencies, creating a requirement for dependable and handy dietary dietary supplements. Firms like Abbott have capitalized on this want by introducing new formulations designed to reinforce muscle and bone well being.
Segments Overview:
The worldwide dietary complement market is segmented based mostly on product kind, components, type, age group, end-user, and distribution channel.
By Product Sort:
- Dietary Dietary supplements
- Drinks
- Useful Vitamin
- Toddler & Maternal Vitamin
- Medical Vitamin
- Sports activities Dietary supplements
- Others
By Substances:
- Nutritional vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Others
By Kind:
- Capsule
- Powder
- Pill
- Liquid
- Others
By Age Group:
By Finish Person:
- Vitality & Weight Administration
- Basic Well being
- Bone & Joint Well being
- Gastrointestinal Well being
- Immunity
- Cardiac Well being
- Diabetes
- Anti-cancer
- Others
By Distribution Channel:
- Hypermarkets & Supermarkets
- Pharmacy Shops
- On-line Channels
- Others
Regional Overview:
By area, the market is split into North America, Europe, Asia Pacific, Center East and Africa, and South America.
Chosen Firms Talked about within the Report:
- Abbott Laboratories
- Archer Daniels Midland
- Amway
- Arkopharma Laboratoires Pharmaceutiques
- Bayer
- Bionova Lifesciences
- Carlyle Group
- Glanbia
- GlaxoSmithKline
- Nu Pores and skin Enterprises
- Pfizer
For extra details about this report go to https://www.researchandmarkets.com/r/l4cict
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- International Dietary Complement Market