Dietary Supplements in the Age of Personalized Nutrition Market Worldwide Impressive Growth Rate


Posted May 30, 2018 by diksha_123

The market for Dietary Supplements in the Age of Personalized Nutrition is segmented in mainly two parts i.e. by Type, by end users and its various sub-segments; by type include Hospital Bed, Hospital Chair, Hospital Trolley and others.

 
The Global Dietary Supplements in the Age of Personalized Nutrition Market was USD 100,741.2 million in 2016. Vitamins are the largest segment, by product category which is projected to grow at a CAGR of 7.37% during the forecast period from 2018-2023.

Female is the largest segment, by gender for the Global Dietary Supplements in the Age of Personalized Nutrition and expected to grow at a rate of CAGR 7.39% during the forecast period. The tablets segment accounted for the largest market share with 27.7% for the Global Dietary Supplements in the Age of Personalized Nutrition market by dosage and is expected grow with the CAGR of 7.44% for the forecast period 2018 to 2023.

Dietary supplements in the age of personalized nutrition are regarded as one of the most noteworthy changes in the healthcare sector because of its capability to provide improved drug delivery and better patient/individual treatment process. Massive advancements in the dietary supplements preparation in the field of personalized nutrition along with the possibility of the superior drug formulation will uplift the Global dietary supplements market.

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Dietary Supplements in the Age of Personalized Nutrition Market Segmentation:

The Global Dietary Supplements in the Age of Personalized Nutrition market are segmented on the basis of product category, application, gender, dosage form and end user.

On the basis the product category, it is segmented into vitamins, herbs & botanicals, sports supplements, meal supplements, minerals and other.

On the basis of the application, it is segmented into lifestyle diseases, inherited diseases, genetic predispositions and others.

On the basis of the gender, it is segmented into 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.

On the basis of the dosage form, it is segmented into tablets, capsules, powder, liquids, soft gels and others.

On the basis of the end users, it is segmented into hospitals & clinics, home care, and others.

Dietary Supplements in the Age of Personalized Nutrition Market Key Players:

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

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Dietary Supplements in the Age of Personalized Nutrition Market Regional Analysis:

Global dietary supplements in the age of personalized nutrition market, on the basis of region are divided into the Americas, Europe, Asia Pacific and the Middle East & Africa. The Americas accounted for the largest market share of 35.3% In 2016 for Global dietary supplements in the age of personalized nutrition market. This large share is majorly attributed due to presence of major manufacturers, high consumption of dietary supplements, rising awareness towards weight management, and various others. Europe account for the second largest market share, whereas Asia Pacific is expected to grow at the fastest rate with 7.55% CAGR for the forecast period. With lots of opportunity and continuously growing economies, the region is expected to be the fastest growing segment. Factors such as recent healthcare developments, improving economies, high aging population, and increased healthcare spending are influencing the growth of the market. The Middle East & Africa with less economic developments and extremely low income accounted for the least market share in 2016 but is expected to grow in coming future.

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Last Updated May 30, 2018