Rapid Adoption of Active Lifestyle to Drive the Dietary Supplements Market Growth

Wed, 13 May 2020 11:55

Globally, the customers are inclining towards an active lifestyle to prevent the prevalence of several illnesses related to sedentary lifestyle. In line with this, the manufacturers are channelizing efforts to promote the health benefits of their dietary supplements and gain a competitive edge. Infant healthcare is an emerging market opportunity on account of the rising prevalence of malnourishment in emerging countries due to lack of proper facilities. Companies are actively working to develop products that can be marketed as a nourishing dietary supplement for infants at affordable prices. Growing demand for organic dietary supplements is offering lucrative opportunities to the market players. However, regulatory policies and lack of consensus on a common definition is projected to hamper the market growth.

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Dietary Supplements Market?

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Impact of COVID-19

Dietary supplements are priced relatively high than other medicines or food supplements. The coronavirus pandemic has brought global trade to a halt, which has resulted in several businesses to shut down, further hampering the market growth. On the production side, lack of raw materials used in the manufacturing of dietary supplements and disruption in the supply chain impedes the market growth.

Key Players

  • Amway
  • Bayer AG
  • Abbott
  • Archer Daniels Midland Company
  • BASF SE
  • Arkopharma
  • DuPont de Nemours, Inc.
  • Himalaya Herbal Healthcare
  • GSK (GlaxoSmithKline)
  • Glanbiaplc
  • Nestle S.A. (Nestle Health Science)
  • Pfizer Inc.
  • DSM Nutritional Products AG
  • Danone
  • Herbalife International of America, Inc.

Dietary Supplements Market Segmentation

By Form

  • Soft gel/pills
    • Confectionary products
    • Pharmaceutical products
  • Powder
  • Liquid

By Application

  • Sports nutrition
  • Weight loss
  • Bone and joint health
  • Digestive and immune health
  • General wellbeing
  • Heart health
  • Others (anti-allergies, eye health, beauty supplements)

By Ingredients

  • Amino acids
  • Botanical supplements
  • Vitamins & minerals
  • Others (metabolite, extract, concentrate, constituent)

By End-Use

  • Senior citizen
  • Women
  • Men
  • Others (teenagers, kids, toddlers)

By Sales Channel

  • Health and beauty stores
  • Pharmacies and drug stores
  • Direct selling
  • E-Commerce
  • Hypermarkets/supermarkets

By Region

  • North America
  • Europe
  • Asia Pacific
  • Central and South America and the Caribbean
  • The Middle East and Africa

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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