Health Supplements Market Set for Exquisite Growth with Globally Leading Players at 7.8% CAGR till 2023 - Alticor Inc., The Nature's Bounty Co., Abbott Laboratories, etc
Global Health Supplements Market – Overview
Health supplements are a diverse group of products that consumed for the purpose of supplementing the diet as well as enhancing health. Health supplements typically made up of ingredients derived from natural sources. However they are not meant to prevent, cure, treat, or alleviate the symptoms of medical diseases or conditions.
According to the report by Market Research Future (MRFR), the global health supplements market is expected to surge at a CAGR of 7.8% during the forecast period (2017-2023).
Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/1646
Drivers and Restraints
One primary factor that the growth of the health supplements market could be chalked up to is the increased marketing toward women by supplement manufacturers. Growing awareness regarding the importance of taking preventative measures related to health, coupled with the increasing size of the aging population worldwide is highly instrumental in the growth of the health supplements market. Also, the continuously growing influence of media advertising about pharmaceuticals along with the significant advancements in the products are are having a tremendous influence on the health supplements market.
While the market for health supplements is experiencing positive growth, factors such as negative publicity and false claims made by marketers and manufacturers could deter the said growth in coming years.
Latest Industry Updates
October 2018 – The customized vitamin brand, Persona, has recently launched two dietary supplements along with a mobile app, aimed at consumers who prioritize their health and capitalizing on the growing consciousness regarding health improvement.
Jan 2017 Galaxy Scientific Nutrition in India launched prebiotic soluble fiber dietary supplements, MyFy.
A key trend permeating the market for health supplements is the growing popularity of organic supplements. Organic diets are outpacing regular food at a steady pace, with millennials accounting for a sizeable portion of the consumers across the world. Hence, a number of companies are now focusing on producing more organic certified supplements to gain a competitive advantage in the health supplements market.
BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Alticor Inc. (U.S.), The Nature's Bounty Co. (U.S.), Abbott Laboratories (U.S.), Herbalife International (U.S.), GlaxoSmithKline Limited (U.K), Bayer AG (Germany), Glanbia plc (Republic of Ireland), are few of the players in the health supplements market.
The global market for health supplements is segmented on the basis of types, application, ingredients and end user.
By type, the market is segmented into dietary supplements, bodybuilding supplements, eye health supplements, specialty supplements, and others. The market for dietary supplements is growing at a health rate due to rising alertness regarding calorie reduction among athletes and gym professionals, promoting the application movement, especially in sports nutrition industry.
By application, the market is segmented into cardiology, rheumatic disorders, allergy, and others.
Ingredients-wise, the market is segmented into vitamins & minerals, amino acids, botanicals, enzymes, and others. Growing consumer awareness about the importance of vitamins & minerals, amino acids, botanicals, enzymes, as well as other components present in health supplements is expected to bolster the development of all these segments during the forecasted period.
Based on end-user, the market is segmented into hospitals, clinics, research centers, and other.
The Americas is leading the global health supplements market backed by the strong presence of major players in the region, who are introducing quality products that capture maximum market share. Also, the government support for research & development along with the availability of funds for research is fostering the health supplements market as well. Countries such as the United States (U.S) and Canada are increasing their investments in the healthcare sector, thereby, propelling the overall growth of the health supplements market in the region.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/health-supplements-market-1646
It is predicted that Europe is holding the second position in the global health supplements market owing to the availability of advanced products, growing awareness about the benefits of health supplements, high health care spending, and strong government support for research & development. Apart from this, increased R&D activities coupled with the concentration of major companies is proving to be highly beneficial for the growth of the health supplement market in the region.
However, it is the region of Asia Pacific that is growing at the fastest rate in the health supplements market, as a result of the presence of rapidly developing healthcare technology, massive patient population, along with high healthcare expenditure. Further, because of the elevating demand for quality products in countries such as India and China, the regional market is flourishing at a significant rate.
The region of the Middle East and Africa observes a lack of funds and relatively less healthcare awareness. Therefore, under the circumstances, the market in the region will experience a lackluster growth in the conjectured period.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Statistical Report, Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
Hadapsar, Pune – 411028
Phone: +1 646 845 9312
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Health Supplements Market Set for Exquisite Growth with Globally Leading Players at 7.8% CAGR till 2023 - Alticor Inc., The Nature's Bounty Co., Abbott Laboratories, etc here
News-ID: 1691068 • Views: 503
More Releases from Market Research Future
Medical Aesthetics Industry Size, Market Growth, Key Company Profile, Comprehens …
The “Global Medical Aesthetics Market Is Showing High Probabilities Of Achieving A CAGR Of 11% Between 2018 And 2023”. Medical aesthetics Industry covers the aesthetical aspect of the healthcare sector and includes well-being, noticeable skin changes, peripheral appearance, and image of the patient. Medical aesthetics include fuses beauty and healthcare services and are getting substantial traction not just from demand for upliftment of the looks but anti-aging as well. There are several
Clinical Trial Management System Market Demand, Industry Share, Size, Applicatio …
Clinical Trial Management System Market Analysis by Type (Enterprise Clinical Trial Management System), Delivery Model (Licensed Enterprise), Component (Service) and End-User (Medical Device Manufacturers), and Regional Competitive Share, Size and Trends, 2018-2023 Market Overview Clinical Trial Management System Market is mostly a software system which helps to plan, prepare, and manage a large amount of clinical trials data that is produced by biotechnological and pharmaceutical companies. Drug research has gained momentum in
Reusable Satellite Launch Vehicle (RSLV) Market 2019-2023 | Report Information b …
Global Reusable Satellite Launch Vehicle Market Report Information by Configuration (Single Stage, Multiple Stage), by Type (Partially Reusable, Fully Reusable), Vehicle Weight (Up to 4,000lbs, 4000-9000lbs, Over 9000lbs), & by Region - Forecast Till 2023 The Reusable satellite launch vehicle market is estimated to witness a CAGR of more than 12% during the forecast period from 2018 to 2023. The key players in the reusable satellite launch vehicle market are Airbus S.A.S
Bakery Enzymes Market Global Research Report and Top Key Players: AB Enzymes Gmb …
Market Overview The increasing demand for bakery products in the food and beverage industry including, bread, cookies, and pastries are raising the demand for bakery enzymes at a global level. Enzymes are an important ingredient used in most bakery products. There are two scenarios regarding the use of enzymes, either the enzymes are used to convert the raw material into the main product, or the enzymes are used as additives to
More Releases for Health
Health literacy: How to improve health behaviors
Health literacy is defined as "people´s knowledge, motivation and competences to access, understand, appraise and apply information to make judgements and take decisions in everyday life healthcare concerning disease prevention and health promotion to maintain and improve quality of life during the life course." In a new volume Anne-Kathrin Mayer and colleagues shed light on the concept of health literacy from different disciplines: psychology, educational sciences, health sciences and
GetSavvi Health - For Health Insurance Needs
GetSavvi Health offers health insurance, which includes basic and primary care at affordable prices. The company believes in the fact that South Africans are hard working and each of them deserve access to affordable and high-quality healthcare facilities and that too at affordable prices. The company desires to be a leader in the primary healthcare sector. Primary care is all about basic healthcare facilities through day-to-day benefits, which help in
Nutrition: Health Is Wealth
Nutrition is the supply of food to the body required by an organism to stay alive and healthy. In the language of human medicine, nutrition is the practice of consuming foods or utilization by the body. In today’s life, consuming healthy food is as difficult as getting fresh air. Seriously, nutrition is no rocket science! Having a little knowledge of nutrients and its proportions makes it easier for the consumer
MENTAL HEALTH NURSING, PUBLIC HEALTH AND HEALTH CARE SUMMIT
Psychiatric and Mental Health Nursing 2019 will prove to be a noteworthy event, with this we cherish mental health nursing by embracing the theme, “Fore-fronting nursing care to achieve mental wellness” , and would step forward to provide an opportunity to step in and join our family, as we bring and encourage to join professionals from the following areas of Mental Health, Psychology, Nursing, Physiology, Neurology, Healthcare, Education, Business to
Epidemiology and Public Health
Opportunity to attend/speak at Epidemiology 2019 on February 27-28, 2019 at Prague, Czech Republic with the theme of Emerging Technologies, Applications and Health transitions in Epidemiology and Public Health. https://epidemiology.euroscicon.com/ Whatsapp: 13024004945 Euroscicon Milevská 7, 140 63 Praha 4, Czechia Katherine Gracia
Health Supplements Market 2017
ReportsWeb.com has announced the addition of the “Health Supplements Market in India 2017” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. The health supplements market in India, which includes nutraceuticals, dietary and protein supplements, is expected to be worth over INR 390 billion by 2020. India currently holds a miniscule share in the global health supplement market, though this is