Dietary Supplements Market To Reach USD 216.3 Billion By 2026

www.reportsanddata.com

Market SummaryAccording to the current analysis of Reports and Data, the global dietary supplements market was valued at USD 140.1 Billion in 2018 and is expected to reach USD 216.3 Billion by year 2026, at a CAGR of 5.5%. Dietary supplements are products intended to supplement the diet that contains one or more of the following dietary ingredients: vitamins, minerals, protein & amino acids, herbs or other botanical ingredients. Nutrition supplements can be taken in various forms such as in the form of pills, capsules, tablets, powder or in the form of liquids.

The growth exhibited by the global dietary supplements market is a result of various factors such as the developing economies and subsequently increasing income of consumers, rising awareness about nutrition, hectic lifestyle, increasing geriatric population, and spread of chronic ailments. The wide adoption of e- commerce and m-commerce platforms are expected to be crucial factors that will spur a shift in positive direction for this industry. Due to the nature of dietary supplements, the industry has already seen greater adoption of e-commerce purchases than other consumer goods industries, with global sales of vitamins and dietary supplements via internet retailing reaching 14% in 2016 compared to 9% for consumer health as a whole and just 2% for packaged food.

www.repo

rtsan

ddata.com

Further key findings from the report suggest

• In the North American region, tablets are the most popular method for supplement ingestion, commanding around USD 13.30 billion in revenue in 2018. This is due to the fact that convenience is greater, and in some cases, costs are lower as compared to other types of formulations

• An emerging trend in the industry in the case of botanical ingredients is to identify the different phytochemical families, each one of them, responsible in part for the activity of the plant and extract them together, thus obtaining a phytochemical profile closer to that of the plant and radically different to that of conventional market extracts. This is enabling many companies to develop potent products which will help consumers gain health benefits from organic sources

• Asia-Pacific is expected to be the largest market for dietary supplements in 2026, accounting for a significant share of the global market, followed by North America and Europe. The market in Europe and North America will continue to be very profitable due to the lack of price pressure which is common in the Asia-Pacific region

Get a Free Sample PDF Report to understand our report before you purchase: https://www.reportsanddata.com/sample-enquiry-form/929

www.repo

rtsan

ddata.com

Market SummaryKey participants in the Dietary Supplement market include Abbott Laboratories, GlaxoSmithKline, Archer Daniel Midland, Dupont, Amway, Bayer, Glanbia Nutritionals, Herbalife International, Pfizer, DuPont and Reckitt Benckiser Group

For the purpose of this report, Reports and Data has segmented the dietary supplements market on the basis of ingredient, product, application, distribution channel, and region:

Ingredient (Revenue, USD Million; 2016–2026)• Botanicals• Vitamins• Minerals• Protein & Amino acids• Enzymes• OthersApplication (Revenue, USD Million; 2016–2026)• Additional Supplements• Medicinal Supplements• Sports Supplements

www.repo

rtsan

ddata.com

Market SummaryProduct (Revenue, USD Million; 2016–2026)• Tablets• Capsules• Powder• Liquid• Soft gels• Gel capsDistribution channel (Revenue, USD Million; 2016–2026)• Hospital Pharmacies & Drug Stores• Clinic Supermarkets & Hypermarkets• Online• OthersRegional Outlook (Revenue in USD Million; 2016–2026)• North America• Europe• Asia Pacific• Middle East & Africa• Latin America

Buy Now: https://www.reportsanddata.com/checkout-form/929 www.repo

rtsan

ddata.com

About UsReports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision.

We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

John WatsonHead of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370E-mail: sales@reportsanddata.com

Contact US

www.repo

rtsan

ddata.com