Press release
Hydroxymethylbutyrate (HMB) Supplement Market Expansion Projected to Gain an Uptick During 2018 to 2028(Market Dynamics Market Size Market Segments Demand & Supply Trends Current Issues and Challenges Companies and Competitor Landscape Value Chain Technol
Dietary supplements to boost athletic performance is marketed across the globe. The safe supplements that enhance the performance of athletes and improve their performance during high-intensity physical exercises are HMB, CLA, Chromium, and Carnitine. The supplements are now accepted by athletes and approved by the government is expected to provide manufacturers an opportunity to build a strong business in neutraceuticals food industry. According to the scientists, HMB is an ergogenic amino acid that enhances performance and strengthens muscles during the exercise. The global market for dietary supplements worth billions and so, HMB supplement, holds a healthy share for an overall market. The consumption of HMB supplement benefits the athletes and gymnasts to reduce the muscle breakage and quick recovery time of muscles during the exercise or physical activity.
The clinical approval of HMB supplements and its health benefits is expected to add value to the global HMB supplement market over the forecast period, 2018-2028.
Global HMB Supplement Market: Dynamics
The significant growth in the sports industry and an increase in the attraction of people towards exercise and sports are expected to add value to the global dietary HMB supplements market.
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The awareness among people towards health issues and need for addition of supplement in their diet is expected to drive the growth of the HMB supplement market. HMB supplement helps to reduce the muscle breakage and heal the broken muscle quickly while physical workouts or exercise.
According to some food researchers, the consumption of HMB supplement may improve muscle growth and reduce obesity. The health benefits of HMB supplement also drives the global market over the forecast period.
Many dietary supplements are not chemically good for the body and banned by the governments. The macroeconomic factor says approval of HMB supplement by the scientists and government is anticipated to drive the growth of the global HMB supplement market.
Some people counter the addition of supplement in their diets due to distrust for artificial food, and this is expected to restraint the global HMB supplement market.
Global HMB Supplement Market: Segmentation
HMB supplement can be segmented by form type as powder form and tablets form. The powder form can also be mixed with the liquid for consumption. The end-user can also segment the HMB supplement market as athletes, gymnasts and individuals. The use of HMB supplement by athletes and gymnasts are more as compared to the individual consumer.
The global market for HMB supplement can also be segmented by sales channel as hospital pharmacy, drug stores, retail pharmacy, convenience stores and online pharmacy. The attraction of people towards online purchasing through online pharmacy is expected to boost the growth of the market over the forecast period.
Global HMB Supplement Market: Regional Outlook
The global HMB supplement market can be segmented into seven regions: North America, Latin America, Europe, Japan, CIS & Russia, APEJ (the Asia Pacific excluding Japan) and MEA. Among the segmented regions, North America is expected to have the highest share in the global HMB supplement market. The growth of the HMB market depends on the end-user consumption. The increase in the number of gym and athletic activity enthusiasts is predicted to add value to the global market of HMB supplement market over the forecast period. APEJ and Latin America region are expected to grow significantly for the HMB supplement market. India and China are anticipated to show the robust growth for the HMB supplement market due to the increase in the number of gym and physical activity enthusiasts. MEA and CIS & Russia region are predicted to show moderate growth for the HMB supplement market. According to our analysis, the global HMB supplement market will grow significantly over the forecast period, 2018-2028.
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Global HMB Supplement Market: Prominent Players
Some of the major players operating in the HMB supplement market are Bulk Supplements, MET-Rx, Optimum Nutrition, Now Sports, NutraKey, Double Wood Supplements, Infinite Labs, MRM, VitaMonk, Core Nutritionals and other players. The manufacturers are focusing on expanding the sales through online pharmacy sales channel and add value to the overall sales over the forecast period.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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