Nutrition & Supplements Market: What are the Future Growth Opportunities? Top Players: Pfizer Inc., Amway, Suntory Holdings Ltd, Glanbia PLC, Abbott Laboratories, Bayer AG, DuPont.
Global Nutrition & Supplements Market is valued approximately at USD 113.94 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.2 % over the forecast period 2019-2026. Nutrition & supplements are manufactured in the form of pills, capsules, tablets or liquid etc.
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The regional analysis of global Nutrition & Supplements market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in awareness among people regarding health management. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as hectic work schedules among working individuals and fluctuations in diet intervals is a lucrative opportunity to drive the growth of market over the forecast years.
Thus, increasing consumption of dietary supplements and significant growth in awareness among people regarding their health is expected to drive the market growth. However, side effects associated with such nutritionals and supplements is expected to hamper the growth of market over the forecast years.
Also, survey concluded that majority of both males and females, aged 18+, take dietary supplements and Among all the age groups, adults between the ages 35 - 54 have the highest usage of dietary supplements at 81 percent.
For instance: as per the study survey by the World Food India 2017, India's Nutraceuticals market is expected to double in size to USD 4 Billion by 2020 from year 2017 due to the strong demand for dietary supplements for the upper- and middle-class population. Similarly, as per survey by the Council for Responsible Nutrition (US), over 77% of population in the United States consumes dietary supplements.
Such supplements and nutrition compounds are extracted from either food source or synthetic and animals. Due to such advantages, the nutrition & supplements are help full in reducing extra calorie and weight, therefore growing awareness among people regarding health awareness is expected to drive the growth of market over the forecast years. Consumption of such nutrition & supplements enables healthy compounds to an individual with minerals, vitamins, fiber and amino acid etc.
Major market player included in this report are:
o Pfizer Inc.
o Suntory Holdings Ltd
o Glanbia PLC
o Glaxosmithkline PLC
o Abbott Laboratories
o Bayer AG
o Otsuka Holdings Co. Ltd
o Sanofi S.A
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
o Herbal Supplements
o Fatty acid
By Distribution Channel:
o Pharmacies & Drug store
o Supermarket & Hypermarket
o Online Channels
o North America
o Asia Pacific
o Latin America
o Rest of the World
Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2016, 2018
o Base year - 2019
o Forecast period - 2020 to 2026
Target Audience of the Global Nutrition & Supplements Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
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Table of Content
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Nutrition & Supplements Market, by Region, 2018-2026 (USD Billion)
1.2.2. Nutrition & Supplements Market, by Type, 2018-2026 (USD Billion)
1.2.3. Nutrition & Supplements Market, by Distribution Channel, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Nutrition & Supplements Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Nutrition & Supplements Market Dynamics
3.1. Nutrition & Supplements Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Nutrition & Supplements Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
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