World Dietary Complement Market to Exceed $301 Billion by 2030, Fueled by Rising Well being Consciousness
World Dietary Complement Market
Dublin, Aug. 30, 2023 (GLOBE NEWSWIRE) — The “World Dietary Complement Market, By Product Kind; By Components; By Kind; By Age Group; By Finish consumer; 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 succeed in USD 301.41 billion by 2030, registering a Compound Annual Progress Charge (CAGR) of seven.91% over the forecast interval.
Dietary dietary supplements, which goal to deal with particular dietary deficiencies, promote well being, and help physiological capabilities, have skilled elevated demand. These dietary supplements are available in varied kinds like capsules, tablets, powders, liquids, and gummies, catering to a variety of dietary wants.
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 kinds a significant client 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 decisions 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 boost muscle and bone well being.
The worldwide dietary complement market is segmented based mostly on product kind, components, type, age group, end-user, and distribution channel.
By Product Kind:
By Age Group:
By Finish Person:
By Distribution Channel:
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:
For extra details about this report go to https://www.researchandmarkets.com/r/l4cict
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