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Nutritional Supplements Market worth $332.96 billion by 2030, growing at a CAGR of 8.63% - Exclusive Report by 360iResearch
Nutritional Supplements Market | 360iResearch
The Global Nutritional Supplements Market to grow from USD 186.49 billion in 2023 to USD 332.96 billion by 2030, at a CAGR of 8.63%.
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Nutritional or dietary supplements supplement the diet and provide nutritional-rich food with vitamins, minerals, fiber, fatty acids, or amino acids that may be not present or not consumed in sufficient quantities in an individual's diet. They come in various forms, including tablets, capsules, powders, and liquids. Nutritional supplements are widely used to support overall health, enhance athletic performance, prevent or address specific nutrient deficiencies, and maintain various bodily functions. It is essential to note that although nutritional supplements can be beneficial, they cannot replace a balanced and varied diet. An increasing aging population, growing health consciousness, and improved accessibility through eCommerce avenues drive the market. As this sector evolves, it faces the vitality of customization and sustainability alongside headwinds such as regulatory hurdles and concerns over product authenticity and safety. Innovations in AI-driven personalization, novel compounds, and improved delivery systems, coupled with research into long-term impacts and nutrient bioavailability, are expected to provide lucrative opportunities for propelling the market and meet consumer demands for effective and responsible health solutions.
Market Segmentation & Coverage:
This research report categorizes the Nutritional Supplements Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Amino Acids, Carbohydrates, Minerals, Omega -3, Probiotics, Protein, and Vitamin. The Omega -3 is projected to witness significant market share during forecast period.
Based on Formulation, market is studied across Capsules, Liquid, Powder, Softgels, and Tablets. The Tablets is projected to witness significant market share during forecast period.
Based on Sales Channel, market is studied across Chemist & Pharmacies, E-Commerce, Hyper Markets, and Super Markets. The Hyper Markets is projected to witness significant market share during forecast period.
Based on Consumer Group, market is studied across Adults, Children, and Infants. The Children is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Nutritional Supplements Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Nutritional Supplements Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Nutritional Supplements Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Amway Corporation, Archer Daniels Midland Co., ARKOPHARMA Laboratories Company Limited, Bayer AG, Cardiff Sports Nutrition Ltd., Cliff Bar & Company, DuPont de Nemours, Inc., Glanbia PLC, GlaxoSmithKline PLC, Herbalife International of America, Nature's Bounty Co., Nestle SA, PepsiCo, Inc., and Pfizer Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Nutritional Supplements Market, by Product
7. Nutritional Supplements Market, by Formulation
8. Nutritional Supplements Market, by Sales Channel
9. Nutritional Supplements Market, by Consumer Group
10. Americas Nutritional Supplements Market
11. Asia-Pacific Nutritional Supplements Market
12. Europe, Middle East & Africa Nutritional Supplements Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Nutritional Supplements Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Nutritional Supplements Market?
3. What is the competitive strategic window for opportunities in the Nutritional Supplements Market?
4. What are the technology trends and regulatory frameworks in the Nutritional Supplements Market?
5. What is the market share of the leading vendors in the Nutritional Supplements Market?
6. What modes and strategic moves are considered suitable for entering the Nutritional Supplements Market?
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