Global Nutritive Supplements Market, By Form (Tablets, Capsules, Powder, Liquids, Soft Gels, Gel Caps, Gummies, Others), Ingredient (Vitamin, Protein, Fatty Acids, Botanical, Minerals, Others), Product Type (Dietary Supplements, Sports Supplements, Nutritional supplements, Others), Classification (Over-the-counter (OTC), Prescription), Distribution Channel (Hypermarkets and Supermarkets, Pharmacy Stores, Online Channels, Others), End User (Infants, Children, Adults, Pregnant Women, Old-aged), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Nutritive Supplements Market
The global nutritive supplements market size is valued at USD 403.54 billion by 2028 and is expected to grow at a compound annual rate of 10.1% in the forecast period 2021 to 2028. The rapidly increasing working population is the factor for the growth of nutritive supplements market in the forecast period of 2021 to 2028.
Nutritive supplement are also termed as dietary supplement or food supplement which taken for enhancing the ingestion of essential nutritional components in a human body. A supplement can be one substance or a mixture of vitamins, amino acids, herbal extracts, minerals and any other substance which supplements one’s daily diet.
The major growing factor towards nutritive supplements market is the growing awareness regarding health benefits of nutritional supplements. Furthermore, growing awareness of preventative healthcare as well as the increasing population and rising disposable income are also heightening the overall demand for nutritive supplements market over the forecast period of 2021 to 2028. Moreover, the rising focus amongst women on maintaining hair, healthy skin and nails along with the growing need to prevent premature skin aging and growing preference for effective and safe beauty solutions also serves as foremost drivers for increasing the demand for nutritive supplements market at a global level. In addition, the rapidly changing lifestyles and dietary habits are also lifting the growth of the nutritive supplements market.
However, the high cost of nutritional supplements and various side effects caused due to nutritional supplements are projected to act as a restraint towards the growth of nutritive supplements market, whereas the presence of various alternatives in the market have the potential to challenge the growth of the nutritive supplements market.
Moreover, the growing awareness regarding the health benefits obtained from the product as well as rising awareness among the people for healthy diet and easy availability of more dietary nutrition products will further generate new opportunities for the nutritive supplements market in the forecast period of 2021 to 2028.
This nutritive supplements market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the nutritive supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Nutritive Supplements Market Scope and Market Size
The global nutritive supplements market is segmented on the basis of form, ingredient, product type, classification, distribution channel and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the nutritive supplements market has been segmented into tablets, capsules, powder, liquids, soft gels, gel caps, gummies and others.
- Based on ingredient, the nutritive supplements market has been segmented into vitamin, protein, fatty acids, botanical, minerals and others.
- The product type segment of the nutritive supplements market has been segmented into dietary supplements, sports supplements, nutritional supplements and others.
- On the basis of classification, the nutritive supplements market has been segmented into over-the-counter (OTC) and prescription.
- Based on distribution channel, the nutritive supplements market has been segmented into hypermarkets and supermarkets, pharmacy stores, online channels and others.
- The global nutritive supplements market is also segmented on the basis of end user into infants, children, adults, pregnant women and old-aged.
Nutritive Supplements Market Country Level Analysis
The global nutritive supplements market is analyses and market size, volume information is provided by country, form, ingredient, product type, classification, distribution channel and end user as referenced above.
The countries covered in the nutritive supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America leads the nutritive supplements market because of rising use of dietary supplements due to growing awareness regarding health benefits of consumption of these supplements as it provides nutrients such as minerals and vitamins. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to growing awareness regarding the importance of a healthy diet in countries such as China and India in this region.
The country section of the nutritive supplements market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Nutritive Supplements Market Share Analysis
The global nutritive supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to nutritive supplements market.
The major players covered in the nutritive supplements report are Herbalife International of America, Inc., Bayer AG, Pfizer Inc., Merck KGaA, Glanbia plc, ADM, DSM, BASF SE, Amway India Enterprises Pvt. Ltd., GlaxoSmithKline plc., DuPont, Abbott, Chemi Nutra LLC, Novartis AG, Nestle, A1Supplements, OZiva, The Vitamin Shoppe, NOW Foods and ProHealth, Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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