U.S. Iron Supplement Market Updates : Predicted to Attain USD 3.1 Billion by 2032 , Owing to Rise in Need for Iron Supplements Due to Various Medical Conditions

Allied Market Research published a report, titled, "U.S iron supplement market by Form (Solid, Liquid, and Other), Distribution Channels (Online and Offline): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global U.S. iron supplement market was valued at $1,747.37 million in 2022, and is projected to reach $3,105.74 million by 2032, registering a CAGR of 5.9% from 2023 to 2032.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐨𝐧 𝐔.𝐒. 𝐈𝐫𝐨𝐧 𝐒𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 2032 - https://www.alliedmarketresearch.com/request-sample/209619

The U.S. iron supplement market has seen notable expansion driven by several factors, including a notable increase in cases of iron deficiency anemia, heightened awareness regarding fitness and nutrition, and a growing trend in using iron supplements for medical purposes. The uptick in iron deficiency anemia directly influences the market, as the diagnosis of more individuals with this condition leads to a heightened demand for iron supplements. Healthcare professionals frequently prescribe or advise the use of iron supplements to manage iron deficiency anemia and prevent such deficiencies in high-risk groups like pregnant women and young children.

In 2022, the solid segment dominated the U.S. iron supplement market, capturing almost two-thirds of the revenue, primarily due to its convenience in portability and extended shelf life. Nevertheless, the liquid segment is anticipated to witness the most rapid expansion throughout the forecast period. Forecasted from 2023 to 2032, this segment is expected to exhibit the highest compound annual growth rate (CAGR) of 6.7%. This growth is ascribed to the widespread preference for liquid formulations among children and elderly individuals.

In 2022, the offline segment dominated the U.S. iron supplement market, representing over two-thirds of the revenue. Nonetheless, the online segment is poised for the most rapid expansion during the forecast period. Anticipated from 2023 to 2032, this segment is forecasted to achieve the highest compound annual growth rate (CAGR) of 5.7%. This growth is attributed to the increasing adoption of online distribution channels by consumers.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: -
A.C. Grace Company
Gensavis Pharmaceuticals
Soho Flordis International
Jamieson Wellness Inc.
NOW Foods
Otsuka Pharmaceutical Co., Ltd.
Nestlé
Thorne HealthTech
BetterYou
PharmaNutra SpA

𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐎𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 https://www.alliedmarketresearch.com/connect-to-analyst/A209135

The report provides a detailed analysis of these key players in the U.S. iron supplement market These players have adopted different strategies such as merger and geographical expansion to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐔.𝐒. 𝐢𝐫𝐨𝐧 𝐬𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭 𝐦𝐚𝐫𝐤𝐞𝐭
In December 2022, PharmaNutra S.p.A., a company specializing in iron- and mineral-based nutritional supplements and medical devices for muscles and joints, announced the incorporation of new company PharmaNutra U.S.A. Corp. (PharmaNutra USA), a wholly-owned subsidiary of PharmaNutra S.p.A., with operational headquarters in Florida (U.S.) and a share capital of $300,000.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐌𝐞𝐫𝐠𝐞𝐫 𝐢𝐧 𝐭𝐡𝐞 𝐔.𝐒. 𝐢𝐫𝐨𝐧 𝐬𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭 𝐦𝐚𝐫𝐤𝐞𝐭
In February 2021, Thorne, a health and technology company, announced that it has merged with Onegevity, a health intelligence company with a proprietary, multi-omic platform that leverages artificial intelligence (AI) and machine learning to map, integrate, and understand the billions of dynamic and biological features that showcase the state of an individual's health. The merger of Thorne and Onegevity creates Thorne HealthTech, a science-driven, vertically integrated wellness platform built to deliver best-in-class, end-to-end nutritional solutions and health intelligence.

𝐖𝐡𝐲 𝐂𝐡𝐨𝐨𝐬𝐞 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡?
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𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞- https://www.alliedmarketresearch.com/us-iron-supplement-market-A209135

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