Press release
Global Nutritional Supplement Market Expected to Reach USD 245.43Bn by 2023 | Amway Corporation, Abbott Laboratories, Herbalife International, DSM, Nestle Nutritionals, Bayer, GlaxoSmithKline
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Nutritional supplement are substances that provide adequate amounts of essential nutrients required for the better functioning of human bodies. It contains vitamins, proteins, herbs, meal supplements, sports nutrition and other related products that are used to improve the nutritional content of the diet. They are added to the diet to boost the overall health and energy, to provide support to the immune system and to reduce the risk of illness. The global nutritional supplement market is expected to expand at a CAGR of 10.01%, leading to a global revenue of USD 245.43Bn by 2023.
The nutritional supplement market is segmented on the type of ingredients (vitamins, proteins, amino acids, enzymes and botanicals) and end users (infants and adults). Asia-Pacific is the fastest growing region for the nutritional supplement market due to the growing demand in China, Japan and India.
Some of the major players in the nutritional supplement market are Amway Corporation, Abbott Laboratories, Herbalife International, DSM, Nestle Nutritionals, Bayer, GlaxoSmithKline Limited, Glanbia Plc, Archer Daniels Midland Company, Arkopharma Laboratories.
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Key growth factors
The increasing consumer awareness for healthy living and healthy diet, increasing urbanization and changing lifestyles, prevention of diseases , awareness towards weight management among working professionals, development in the retail and pharmaceutical industries, innovation in product offerings, modernization of retail channels are some of the key factors that are driving the nutritional supplement market.
What is covered in the report-
1. Overview of the global nutritional supplement market.
2. Market drivers and challenges in the global nutritional supplement market.
3. Market trends in the global nutritional supplement market.
4. Historical, current and forecasted market size data for segments based on type of ingredients (vitamins, proteins, amino acids, enzymes and botanicals).
5. Historical, current and forecasted market size data for segments based on end users (infants, adults).
6. Historical, current and forecasted market size data for segments based on geography (North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa).
9. Analysis of the competitive landscape and profiles of the major companies operating in the market.
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Table of Contents:
Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary
Chapter 2: Nutritional supplement market-market overview
2.1. Global market overview-market trends, market attractiveness analysis, geography-wise market revenue (USD)
2.2. Global-market drivers and challenges
2.3. Value chain analysis-nutritional supplement market
2.4. Porter's five forces analysis
2.5. Market segmentation based on type of ingredients (vitamins, proteins, amino acids, enzymes and botanicals)
Chapter 3. North America nutritional supplement market
Chapter 4. Europe nutritional supplement market
Chapter 5. Asia-Pacific nutritional supplement market
Chapter 6. Latin America nutritional supplement market
Chapter 7. The Middle East and Africa nutritional supplement market
Chapter 8: Competitive landscape
Chapter 9: Conclusion
Chapter 10: Appendix
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