The global Dietary Supplements Market report present evidence-based information and covers all the market details such as the latest technology trends, market opportunity analysis, and competitive landscape. The report also covers regional market share, size along with market drivers and restraints for the forecast period of 2018-2024. Further, this research report also delivers information associated with the latest developments by major players with their respective market share in the market.
According to the global Dietary Supplements Market report published by Value Market Research, the market is expected to touch USD 247.8 BN by 2024, with a CAGR of 8.5% growing from USD 140 BN in 2017.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the dietary supplements market includes Amway, Axellus AS, BASF SE, Bayer AG, Bio-Botanica Inc., Blackmores Ltd, Blackmores Ltd., Epax AS, Herbalife Ltd., Integrated BioPharma, Inc., Koninklijke DSM N.V., Naturalife Asia Co., Ltd., NBTY, Inc., Nu Skin Enterprises, Inc., Nu Skin Enterprises, Inc., Omega Protein Corporation, Pharmavite LLC, Ricola AG, Surya Herbal Ltd., and The Himalaya Drug Company. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
Dietary supplements products are gaining hype in the market owing to rising health concerns among consumer worldwide. Further, rising awareness regarding health benefits among the population is again boosting the market growth. Also, growing demand for functional food and beverages along with the ongoing R & D in this field is again stimulating the market growth of dietary supplement. However, safety, efficacy, and labelling challenges are the major factor which acts as a restraint for the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of dietary supplements.
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Market Segmentation
The broad dietary supplements market has been sub-grouped into ingredient and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Ingredient
BotanicalsVitaminsMineralsAmino AcidsEnzymes
By Application
Additional SupplementMedicinal SupplementSports Nutrition
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for dietary supplements in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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