The global dietary supplements market is anticipated to secure a market value of US$D 163 Billion in 2022 and reach US$ 351 Billion by 2032.
The projected growth rate is 8% during the forecast period. The growth of the market can be credited to increasing health awareness, the adoption of a healthy diet, and the increasing geriatric population.
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Competitive Landscape
The players of the global dietary supplement market adopt various strategies to enhance their market reach. Some of the most adopted strategies are acquisition, partnerships, and collaborations. Vendors also make a significant investment in the R&D of the product to secure their forefront position in the global market.
- In March 2021, Zomato disclosed its own range of functional foods, such as dietary supplements in the coming time.
- In September 2020, Prorganiq, a known entity of natural and organic supplements, disclosed the release of their ’24-in-1 Mega Superfoods’. The new product has a promising formula of 24 different green veggies, herbs, and fruits. 24-in-1 Mega Superfoods is a plant-based dietary supplement that is GMO and Gluten-free.
Key Companies Profiled:
- Glanbia Plc.
- Abbott Nutrition
- Bayer AG
- Pfizer Inc.
- ADM
- Nu Skin Enterprises Inc.
- GlaxoSmithKline Plc.
- Bionova
- Ayanda
- Arkopharma
Key Market Segments Covered in the Global Dietary Supplements Market
- By Ingredient :
- Vitamins
- Botanicals
- Minerals
- Proteins & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Others
- By Form :
- Tablets
- Capsules
- Supplements
- Powders
- Gummies
- Liquids
- Other Dietary Supplement Forms
Key Questions Covered in the Dietary Supplements Market Report
- What is the projected value of the Dietary Supplements factors Industry in 2022?
- At what rate will the global Dietary Supplements factors market size grow until 2032?
- Which are the factors hampering the growth of Dietary Supplements factors?
- Which region is expected to lead in the global Dietary Supplements factors market By 2032?
- Which are the factors driving the Dietary Supplements factors Industry during the forecast period?
- What is the expected market value of the Dietary Supplements factors market during the forecast period?
Regional Analysis For Dietary Supplements Market:
- APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (USA, Canada and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, United Arab Emirates, South Africa)
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