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Liquid Nutritional Supplement Market Size, Share Analysis, Trends, And Forecast To 2032
Liquid Nutritional Supplement Market Analysis
The Business Research Company's Liquid Nutritional Supplement Global Market Report 2023 identifies rise in the number of health-conscious population as the major driver for the liquid nutritional supplement market's growth in the forecast period. The global liquid nutritional supplement market is expected to grow from $26.46 billion in 2022 to $28.11 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The liquid nutritional supplement market is expected to reach $35.28 billion in 2027 at a CAGR of 5.8%.
The global liquid nutritional supplement market is expected to grow from $26.46 billion in 2022 to $28.11 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The liquid nutritional supplement market is expected to reach $35.28 billion in 2027 at a CAGR of 5.8%.
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Major competitors in the liquid nutritional supplement market are Nestlé S.A., Archer-Daniels-Midland Company, BASF SE, Bayer AG, Abbott Laboratories, GlaxoSmithKline plc., Amway Corporation.
A key trend in the liquid nutritional supplement market includes product innovation. Major companies operating in the liquid nutritional supplement market are focused on developing innovative products to strengthen their position in the market. For instance, in May 2023, Arla Foods Ingredients, a Denmark-based ingredient supplier for infant nutrition, medical applications, and sports nutrition, introduced juice-style oral nutrition supplements (ONS), a new solution to increase the protein content for medical nutrition. Arla Foods Ingredients' ONS juice-style beverages are a unique nutritional drink with 7% more protein without sacrificing taste or mouthfeel. Lacprodan BLG-100 is a 100% pure beta-lactoglobulin with an excellent nutritional profile. Additionally, the new solution is fat-free, and using BLG-100 allows for very low viscosity and a stable product during its shelf life. Furthermore, it tastes less astringent than traditional ONS juice-style products and has a more pleasant texture, encouraging medical nutrition compliance.
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The liquid nutritional supplement market is segmented -
1) By Type: Additional Supplements, Medical Supplements, Sport Nutrition
2) By Ingredient: Botanicals, Vitamins, Minerals, Proteins and Amino Acids, Other Ingredients
3) By Route of Administration: Oral, Enteral, Parenteral
4) By Distribution Channel: Online Channels, Offline Channels, Pharmacy Chains, Supermarkets, Drug Stores
5) By End-User: Infants, Children, Adult, Pregnant Women, Old Age
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the liquid nutritional supplement market.
The Business Research Company's "Global Liquid Nutritional Supplement Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Liquid Nutritional Supplement Market Include:
1. Executive Summary
2. Liquid Nutritional Supplement Market Characteristics
3. Liquid Nutritional Supplement Market Trends And Strategies
4. Liquid Nutritional Supplement Market - Macro Economic Scenario
……
32. Global Liquid Nutritional Supplement Market Competitive Benchmarking
33. Global Liquid Nutritional Supplement Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Liquid Nutritional Supplement Market
35. Liquid Nutritional Supplement Market Future Outlook and Potential Analysis
36. Appendix
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