According to Goldstein Research, nearly 75% of the population facing one or other kind of stress admits the adverse impact on their physical health and 65% admit the adverse impact of stress has on mental health. Moreover, 2 in every 5 people in Australia experiences some symptoms of depression whereas, 13% of them have experienced severe to extremely severe cases of depression. Based on per capita basis, Australians are encountered to be world’s largest dietary supplements consumer, with estimated vitamin and mineral sales totaling USD 490.0 million in 2016.
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Market Segmentation
On the basis of our in-depth analysis, Australia stress management supplements market can be segmented as follows:
By Stress management supplements Type
• Tryptophan
• Zinc
• Magnesium
• Vitamin B
• Iron Supplement
• Others
By Nature of Product
• Natural/Herbal Based
• Chemical-Based
By Distribution Channel
• Online
• Offline
• Pharmacies
• Supermarket/Hypermarket
“Australia Stress management supplements Market Outlook 2024” contains a detailed overview of the Australia stress management supplements market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by supplement type, by the nature of the product and by distribution channels.
Further, for the in-depth analysis, Australia Stress management supplements Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Interhealth, Alkermes Plc, Allergan Plc, Bristol Myers Squibb Co., Eli Lilly and Co., GlaxoSmithKline Plc, H. Lundbeck, Merck & Co., Inc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the Australia stress management supplements market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market-centric approaches according to the ongoing and expected trends in the future.
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Key queries countered in this Australia stress management supplements market report
• What is the Australia stress management supplements market size by 2024 and what would be the expected growth rate of sales?
• What are the stress management supplements market trends?
• What are the dynamics which are driving this market?
• What are the major barriers to stress management supplements market growth?
• Who are the major players in this market space?
• What are the market prospects for the current and entry-level players?
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