Dietary Supplements Market Revenue | Key Players Strategy & Forecast,2028 | MRFR Report

 

Dietary Supplements Market

 The global dietary supplements market Revenue was valued at USD 140.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.6% from 2021 to 2028.

The global Dietary Supplements Market Revenue within the age of personalized nutrition market size are expected to grow at a CAGR of 6.90% during the forecast period. The change in dietary habits of consumers is one among the main drivers of the market. the massive geriatric populace with its susceptibility to chronic diseases is predicted to be one among the most important consumer bases for the market. consistent with the WHO, the elderly population numbers can exceed quite 2 billion by 2050. this will cause an enormous strain to healthcare expenditure of countries. Dietary supplements can play its role in strengthening the system and keeping diseases its bay.

Competitive Landscape

Carlyle Group, GlaxoSmithKline plc, Bactolac Pharmaceutical Inc., Pfizer Inc., Glanbia, Archer Daniels Midland, Danisco, Danone Nutricia, Natures Product Inc., Herbalife International, Balchem Corporation, Bayer AG, Abbott Laboratories, Amway (Nutrilite), Nestlé Health Science, and others are key players of the global dietary supplements in the age of personalized medicine market.

Regional Analysis

The global Dietary Supplements Market in the age of personalized nutrition market covers regions of Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The Americas are predicted to dominate the global market till 2028 owing to high awareness levels among customers. Thorough testing of vitamin levels to comprehend nutrient deficiencies within patients is one of the biggest drivers which can propel the growth of personalized medicine. The focus on cellular health can lead to investment in research and development which can target on specific nutrient levels is expected to further the global diabetes dietary supplements in personalized medicine market.

Market Segmentation

The global dietary supplements in the age of personalized nutrition market report have segmented its content by product category, application, gender, dosage form and end user.

By product category, it is segmented into herbs & botanicals, vitamins, minerals, sports supplements, meal supplements, and others.

Applications of dietary supplements market include genetic predispositions, lifestyle diseases, inherited diseases, and others.

By gender, it is segmented into 2 main categories - female and male. Female and male is further segmented into various age groups, namely, 55 + age group, 35-54 age group, 19-34 age group, and 0-18 age group.

Based on the dosage form, it is segmented into tablets, capsules, powder, liquids, soft gels and others.

Major end users are home care, hospitals & clinics, and others.

Dietary Supplements Market Access Report Full Report Below Click links @: https://www.marketresearchfuture.com/reports/dietary-supplements-market-1134

The health-consciousness wave among teens, adults, and other demographics can be lucrative for the market in the coming years. For instance, awareness of weight loss programs has led to customers in India and China has increased the protein intake in this region.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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