[PDF] Nutritional Supplements Market – New Innovations, Research And Growth Factor In Near Future - Coherent Market Insights

Increasing awareness about health benefits of nutritional supplements is driving growth of the global nutritional supplement market. Nutritional supplements are used in order to treat nutritional deficiency in the human body. Nutritional supplements consist of vitamins, minerals, proteins, and other necessary ingredients. Health benefits associated with consumption of nutritional supplements are reduction in signs of aging and improved cardiovascular health, among others. There has been increasing focus among women on maintaining healthy skin, hair, and nails, as well as a rising need to prevent premature skin aging, and rising preference for effective and safe beauty solutions. Such factors are expected to drive growth of the nutritional supplements market.

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The global nutritional supplements market was valued at 248.1 million in 2018 and is expected to exhibit a CAGR of 6.9% in terms of value over the forecast period (2019 – 2027), and is expected to reach 436.1 million by 2027.

Based on product type, the sport supplement segment held significant market share in the global nutritional supplement market as key players are adopting strategies such as partnerships & collaborations to expand their presence in the sports supplements segment. For instance, in March 2018, Fonterra, a dairy nutrition company, partnered with a startup, Foodspring, which is into active nutrition, by investing in its parent company, Goodminton AG. This partnership has allowed Fonterra to enter the active nutrition consumer segment.

On the basis of form, the capsule segment held significant market share in the global nutritional supplements market owing to increasing consumer preference for nutritional supplements in the form of capsules. The exterior of the capsule is made from gelatin or starch, and it contains active ingredients. Capsules allow extended release of active ingredients. The capsule is encapsulated in such a way that it dissolves over an extended period of time, and does not deliver the supplement all at once

Major players in the global nutritional supplements market include Abbott Laboratories, Archer Daniels Midland (ADM), American Health, Inc., Amway Corporation, Arkopharma Laboratoires Pharmaceutiques, Ayanda, DuPont, DSM, the Nature's Bounty Co., Herbalife International of America, Inc, Stepan Company, Pfizer Inc., Nestle S.A., Nature's Sunshine, and GlaxoSmithKline.

Detailed Segmentation:

Global Nutritional Supplements Market, By Ingredient:

Vitamin
Protein
Fatty Acids
Botanical
Minerals
Others (Fibers, Specialty Carbohydrates, etc.)

Global Nutritional Supplements Market, By Form:

Capsule
Powder
Tablet
Liquid
Others (Soft Gels, etc.)

Global Nutritional Supplements Market, By Product Type:

Dietary Supplements
Sports Supplements
Beauty Supplements
Others (Specialty Supplements, etc.)

Global Nutritional Supplements Market, By
Distribution Channel:

Hypermarkets/Supermarkets
Pharmacy Stores
Online Channels
Others (Departmental Stores and Specialty Stores, etc.)

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Years Considered to Estimate the Market Size:

History Year: 2015-2019
Base Year: 2021
Estimated Year: 2021
Forecast Year: 2021-2028

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