Press release
Wellness Supplements Market Revenue, Sales, Profit Compiling Competitors and Forecast 2023: Nestlé S.A., Abbott Laboratories, Amway, Otsuka Holdings Co., Herbalife Ltd., Archer Daniels Midland Company, Glanbiaplc, NBTY, Inc., GNC Holdings Inc., Nu Skin E
Worldwide Market Reports recently released “Global Wellness Supplements Market Research Report 2018” that centers around the latest developing trends and technologies in the Wellness Supplements Market having Years of forecast period from 2019 to 2023 and considering Market status study from 2013 to 2023.The global Wellness Supplements market is expected to reach USD 302.4 Billion by 2023 from USD 183.1 Billion in 2015, at a CAGR of 8.1% during the forecast period.
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The growth of this market is mainly driven by factors such as rising geriatric population, growing prevalence of chronic diseases, rising awareness about benefits of wellness supplements, rising healthcare costs, and shift of consumers from care to preventive health. However, high pricing of these products and regulatory compliance is likely to restrain the growth of this market to a certain extent.
The report segments the wellness supplements market based on products and region. Based on products, the wellness supplements market is segmented into dietary supplements, functional/fortified food & beverages, food intolerance products and dermo-cosmetic essentials. The dietary supplements segment is expected to account for the largest share of the wellness supplements market, by product, in 2015. Factors driving growth in this segment are rising geriatric population, growing incidence of chronic diseases and increasing focus of consumers towards healthy lifestyles.
Geographically, the wellness supplements market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2015, North America is expected to dominate the market, followed by Europe. However, Asia and the RoW regions are expected to grow at the highest CAGRs of 7.5% each during the forecast period. Factors such as rising aging population, growing cognizance and acceptance of wellness products, increasing disposable income levels, increasing focus towards healthy lifestyles, expansion of wellness supplement companies in these regions are likely to propel growth of this market.
The Wellness Supplements market is a fragmented market, with several big and emerging players. Prominent players in the wellness supplements market include Nestle S.A. (Switzerland), Abbott Laboratories (U.S.), Amway (U.S.), Otsuka Holdings Co., Ltd. (Japan), Herbalife Ltd. (U.S.), Archer Daniels Midland Company (U.S.), Glanbia plc (Ireland), NBTY, Inc. (U.S.), GNC Holdings Inc. (U.S.), and Nu Skin Enterprises, Inc. (U.S.). Other players in the market include Grupo Omnilife (Mexico), Forever Living (U.S.), Pola, Inc. (Japan), Shaklee Corporation (U.S.), and Usana Health Sciences Inc. (U.S.).
On the basis of product/type, this report displays the production, revenue, price, market share and growth rate of each type, including
Dermo-cosmetic
Dietary supplements
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
• Infants
• Children
• Adult, and
• Old Age
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Table of Contents (Overview):
1 Industry Overview of Quoting Software
2 Global Quoting Software Competition Analysis by Players
3 Company (Top Players) Profiles
4 Global Wellness Supplements Market Analysis by Regions
4.1 Global Wellness Supplements Sales, Revenue and Market Share by Regions
4.1.1 Global Wellness Supplements Sales and Market Share by Regions (2013-2018)
4.1.2 Global Wellness Supplements Revenue and Market Share by Regions (2013-2018)
4.2 North America Wellness Supplements Sales and Growth Rate (2013-2018)
4.3 Europe Wellness Supplements Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Wellness Supplements Sales and Growth Rate (2013-2018)
4.5 South America Wellness Supplements Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Wellness Supplements Sales and Growth Rate (2013-2018)
5UnitedStates Wellness Supplements Status and Outlook
6 EU Wellness Supplements Status and Outlook
7 Japan Wellness Supplements Status and Outlook
8 China Wellness Supplements Status and Outlook
9 India Wellness Supplements Status and Outlook
10Southeast Asia Wellness Supplements Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2023)
12 Quoting Software Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix
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