Market Insights

As per recent research by MarkNtel Advisors, The Global Dietary Supplements Market is projected to grow at a CAGR of around 7.5%  during the forecast period, i.e., 2023-28.

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Key Driver: Intensifying Focus On Preventive Healthcare Practices to Propel the Adoption of Dietary Supplements

Consumers are becoming more aware of preventive healthcare practices due to the rising frequency of age- and lifestyle-related disorders. As a result, they are gravitating toward items that promote good health, such as food additives, which is likely to boost the global market. Besides, growing innovation from market leaders, as well as new entrants, is likely to accelerate the market expansion globally. For instance, The GHT firms launched a new product line of nutrition that is entirely vegan in March 2018. These goods intend to satisfy the rising demand for weight-management aids made from plants rather than animals.

Market Segmentation and Consumer Behavior:

By Ingredients

• Botanicals
• Vitamins
• Minerals
• Proteins & Amino Acids
• Omega Fatty Acids
• Fibers & Specialty Carbohydrates
• Others

By Form

• Tablets
• Capsules
• Soft gels
• Powders
• Gummies
• Liquids
• Others

By Application

• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Diabetes
• Anti-Cancer
• Others

By End-User

• Adults
• Geriatric
• Pregnant Women
• Children
• Infants

By Distribution Channel

• OTC
• Prescribed

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Dietary Supplements Market Geographical Analysis:

By Region:

• North America
• South America
• Europe
• Asia-Pacific
• Middle East
• Africa

Key Players and Competitive Strategies in the Dietary Supplements Market

Several prominent players dominate the Dietary Supplements Market, including:

• Amway
• Abbott Laboratories
• Arkopharma Laboratories Pharmaceutiques
• Bayer
• Glanbia
• Pfizer
• Archer Daniels Midland
• Carlyle Group
• NBTY Inc
• GlaxoSmithKline

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Questions Addressed in this Study

1.What factors are driving the Dietary Supplements Market growth?

2.How is the Dietary Supplements Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Dietary Supplements Market?

4.What is the current size of the Dietary Supplements Market, and how is it projected to change in the future?

5.What is the future outlook for the Dietary Supplements Market in terms of technological advancements and market expansion?

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