Dietary Supplements Market 2020 Size Will Observe Substantial Growth By 2026|Bayer AG, Abott Laboratories, GlaxoSmithKline, Herbalife International, Amway, Pfizer and others

The "Global Dietary Supplements Market 2020-2026 " Industry Report is a professional and in-depth study on the current state of the Dietary Supplements Market by PMR. The Dietary Supplements Market is supposed to demonstrate a considerable growth during the forecast period of 2020 - 2026. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves like product launches, joint ventures, mergers and acquisitions and the respective effect on the sales, import, export, revenue and CAGR values have been studied completely in the report. The scope of this Dietary Supplements Market report can be expanded from market scenarios to comparative pricing between major players. The emerging trends along with major drivers, challenges and opportunities in the market are also identified and analysed in this report

The dietary supplements market is anticipated to reach USD 349.4 billion by 2026 and is anticipated to grow at a CAGR of 10.5% during the forecast period. In 2019, the vitamins segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report
o Abott Laboratories
o GlaxoSmithKline
o Herbalife International
o Bayer AG
o Pfizer Inc.
o Nutraceutics Inc.
o Glanbia Nutritionals
o Amway
o Carlyle Group
o Arkopharma Laboratoires Pharmaceutiques
o Bionova Lifesciences
o Danisco A/S

A significant increase in the obese population, changing lifestyles, and initiatives and funding by governments to promote healthy lifestyles primarily drive the growth of this market. Other driving factors include increasing diseases associated with obesity, increasing disposable income, and increasing awareness regarding health and nutrition. The increase in obesity related diseases such as diabetes and hypertension along with sedentary lifestyles of consumers further propel the adoption of dietary supplements. The number of memberships for health clubs and gyms has increased significantly over the years, further promoting the growth of dietary supplements. Increasing demand in developing nations is expected provide numerous growth opportunities to the market players during the forecast period.

Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific fuels the demand for dietary supplements market. Factors such as increase in per capita income and changes in consumer behavior towards nutrition and healthy eating habits are expected to accelerate the adoption of dietary supplements in the coming years.

Asia-Pacific generated the highest revenue in the market in 2019, and is expected to lead the global market throughout the forecast period. The high geriatric population in the region coupled with increasing disposable income drives the market growth. The sedentary lifestyle of consumers in the region has encouraged them to adopt dietary supplements to stay healthy and acquire proper nutrition. Increasing disposable incomes in developing countries of this region, rising awareness about health benefits of dietary supplements, and growing presence of fitness centres further foster the growth in this region.

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The global Dietary Supplements market is segmented on the basis of type, form, distribution channel, end-user, and region.

Dietary Supplements Market Size and Forecast, by type
o Vitamins
o Minerals
o Amino Acids
o Botanicals
o Others

Dietary Supplements Market Size and Forecast, by Form
o Tablets
o Capsules
o Powder
o Soft Gels
o Liquids
o Others

Dietary Supplements Market Size and Forecast, by Distribution Channel
o Offline Stores
o Online Platforms

Key Benefits:
o This study gives a detailed analysis of drivers and factors limiting the market expansion of Dietary Supplements
o The micro-level analysis is conducted based on its Type, and Distribution Channel And geographies
o Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players
o By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Dietary Supplements Market

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