Dietary Supplements Market Value and Growth Analysis-2022


Posted April 21, 2022 by BrainMiller123

Dietary Supplements Market size was worth US$ 123.28 billion in 2021, and it is estimated to reach a valuation of US$ 230.73 billion by the end of 2026

 
Dietary Supplements Market overview:
Dietary Supplements Market has been valued $xx billion in the year 2019 and it is estimated to reach $xx billion by the year 2026, with a CAGR of xx% from 2021 to 2026. Dietary Supplements is in part as products taken by mouth that contain a "dietary ingredient." Dietary ingredients include vitamins, minerals, amino acids, and herbs or botanicals, as well as other substances that can be used to supplement the diet; these are the main factors that have considerably increased the demand for the Dietary Supplements in the market, thereby driving the huge growth of the Dietary Supplements market in the upcoming years

Dietary Supplements Market Drivers and Restrains:
The main factors that have considerably increased the demand for the Dietary Supplements in the market is mainly due to the Rising personal disposable income and growing consumer consciousness towards advantages of dietary supplements are the major factors fostering the growth of the market. Changing lifestyle, westernization, rising research and development initiatives taken by major companies especially in the developing economies and ever-rising global participation in all kinds of sports are acting as market growth determinants. Improving distribution channel, rising number of sports complexes and gymnasiums, rising customer interest in balanced diet, ever-rising prevalence of obesity, surging health consciousness among consumers and changing tastes and preferences of consumers will further induce growth in the market value. However, ever-rising encouragement to breastfeeding over dietary supplements will pose a major challenge to the growth of the market; these are the main factors that have considerably increased the demand for the Dietary Supplements in the market, thereby driving the huge growth of the Dietary Supplements market in the upcoming years

To know more read:
https://www.marketdataforecast.com/market-reports/dietary-supplements-market

Report is segmented as:
Dietary Supplements Market is segmented on the basis of by:
By Ingredient (Botanicals, Vitamins),
By Form (Tablet, Capsule, Soft Gel),
By Application (Immunity, Cardiac Health),
By End User (Adults, Geriatrics, Pregnant women, Children and Infants)

Dietary Supplements Market Geographical Segmentation:
Dietary Supplements Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. North America has the dominant share in the Dietary Supplements is due to the owing to the high prevalence of chronic and non-chronic diseases these are the main factors that have considerably increased the demand for the Dietary Supplements in the North America, followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Dietary Supplements Market

Impact of COVID-19 on Market
Covid-19 pandemic has impacted the growth of the Dietary Supplements market, The COVID-19 has started in the end of 2019 in Wuhan china; this has affected many industries from different sectors in various countries and also affected Dietary Supplements market. Covid-19 pandemic has impacted huge on the sales revenue of Dietary Supplements market. Due to the government restrictions like lockdown in many countries has stopped the production of products by the manufacturing companies, In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus are expecting to raise the Dietary Supplements market growth
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Categories Industry , Marketing , Publishing
Tags dietary supplements market , dietary supplements market share
Last Updated April 21, 2022