Decrease In Demand of Liquid Dietary Supplements Market To Restrict Revenue Growth During Forecast Period 2022 – 2031 : FactMR

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Liquid Dietary Supplements. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Liquid Dietary Supplements Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Liquid Dietary Supplements market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Liquid Dietary Supplements

This newly published and insightful report sheds light on Market Insights of Liquid Dietary Supplements, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Liquid Dietary Supplements Market.

Market Snapshot

The global market for liquid dietary supplements is forecast to be valued at US$ 39.2 Bn by 2021-end, expected to further accelerate to US$ 92.8 Bn by the end of the 2021-2031 forecast period. Bulk of this demand is expected to be stimulated by vitamins & mineral based supplements, expected to account for nearly 2/5th of the global revenue share.

Market Size 2021 US$ 39.2 Bn
Projected Value (2031) US$ 92.8 Bn
CAGR% (2021-2031) 9%

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Liquid dietary supplements market forecast analysis by Fact.MR

Key Segments Covered

  • Ingredients
    • Amino Acid Liquid Dietary Supplements
    • Botanical Liquid Dietary Supplements
    • Vitamins & Minerals Liquid Dietary Supplements
    • Other Liquid Dietary Supplements
  • Application
    • Bone & Joint Health Liquid Dietary Supplements
    • Liquid Dietary Supplements for General Wellbeing
    • Heart Health Liquid Dietary Supplements
    • Liquid Dietary Supplements for Immune & Digestive Health
    • Sports Nutrition Liquid Dietary Supplements
    • Weight Loss Liquid Dietary Supplements
    • Liquid Dietary Supplements for Other Applications
  • Distribution Channel
    • Direct Selling
    • Health & Beauty Stores
    • Hypermarkets/Supermarkets
    • Internet
    • Pharmacies & Drug Stores
  • End User
    • Men
    • Women
    • Senior Citizens
    • Others

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Competitive Landscape

The worldwide liquid dietary supplements market’s key players are involved in regulatory approvals, launch of new products, and acquisition and cooperation partnerships with other companies. These methods are likely to drive the global market. Prominent developments are as follows:

  • Herbalife Nutrition has launched Active Fiber Complex Select for digestive health in the United States, Puerto Rico, and Canada in July 2020. Each serving contains six grams of the recommended daily fiber consumption of 27.5 grams and can be consumed with water or added to a shake, juice, or tea.
  • Amway Spain announced in July 2020 that NUTRILITE has launched the new Vitamin B Plus with dual-action technology. NUTRILITE Vitamin B Plus is a dual-action supplement based on natural spirulina and eight vital B vitamins that play a significant role in combating fatigue and contributing to optimal energy metabolism.
  • Abbott Laboratories launched a new Pedialyte hydration product to enhance immunological health in December 2020. The new product contains zinc, prebiotics, and vitamins B12, C and E.

Furthermore, consumption of liquid dietary supplements is increasing on the back of surging prevalence of malnutrition, especially amongst developing and underdeveloped nations. According to the World Health Organization, in 2020, 149 million children aged below 5 years were stunted, with most of it resulting from inadequate intake of vitamins and micronutrients. Hence, governments are making efforts to provide adequate nutritional supplements intake, leading to increased sales of liquid dietary supplements.

Key Takeaways from the Market Study

  • Vitamins & minerals supplements to capture 45% of global revenue by 201
  • Global market for liquid dietary supplements to be valued at US$ 39.2 Bn in 2021
  • Germany will experience significant market growth, clocking a CAGR of 5%
  • U.S to emerge as an opportunistic market, expanding at a CAGR of 5.5%
  • Liquid dietary supplements sales in India to reach US$ 7 Bn, growing at 5.8% CAGR
  • Proteins and amino acids based liquid dietary supplements to register a CAGR of 14%
  • Sports nutrition supplements to capture 60% of global market demand

“The rise in the number of health-conscious people promotes market growth. Furthermore, a surge in demand from the older population due to improved flavour and convenience of consumption pushes market expansion, “comments a Fact.MR analyst.

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