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Food Supplement Market is projected to grow significantly, reaching USD 345.13 billion by 2031- Amway, Abbott Laboratories & Bayer AG.

09-17-2024 03:06 PM CET | Food & Beverage

Press release from: DataM Intelligence 4market Research LLP

Food Supplement Market || 2024-2031

Food Supplement Market || 2024-2031

The global food supplement market, valued at USD 172.89 billion in 2023, is projected to grow significantly, reaching USD 345.13 billion by 2031. This growth is expected to occur at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.

A food supplement, also known as a diet supplement, is a product designed to enhance the intake of essential nutrients and support overall health. These supplements come in various forms, including tablets, capsules, powders, liquids. They contain vitamins, minerals, amino acids, fatty acids, herbs, or other botanicals. Food supplements are used to fill nutritional gaps in the diet, boost specific health aspects, or address deficiencies. They are not intended to replace a balanced diet but to complement it by providing additional nutrients that may not be consumed in sufficient amounts through food alone.

๐†๐ž๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ƒ๐… - https://www.datamintelligence.com/download-sample/food-supplement-market

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ:

โœ” January 2024: Abbott Laboratories launched PROTALITY, a new brand under Abbott Nutrition, aimed at enhancing their product portfolio. This high-protein nutrition shake is designed for adults who are focused on weight loss while preserving muscle mass and maintaining good nutrition.

โœ” February 2024: Performance Lab introduced nine new single-supplement nutrients, which include Vitamin B-Complex, Calcium, Iron Complex, Magnesium, Potassium, Vitamin C, and the lesser-known but crucial elements Iodine, Selenium, and Zinc.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

โœ” Aging Population as a Market Driver: The growing aging population is a key driver for the development of the food supplement market.

โœ” Health Concerns with Aging: Older adults often face health issues such as joint problems, bone health concerns, cognitive decline, and weakened immune systems, making targeted food supplements more appealing.

โœ” Dietary Challenges: Aging is associated with changes in metabolism, reduced appetite, and difficulty maintaining a balanced diet, increasing the demand for supplements that address these challenges.

โœ” Cognitive Health Supplements: Supplements containing omega-3 fatty acids, antioxidants, and other nutrients that support brain health and cognitive function are marketed to the aging population to help with memory and cognitive decline.

โœ” Population Statistics: According to WHO (2022), the number of people aged 60 and over is projected to increase from 1 billion in 2020 to 1.4 billion by 2050. The global population of those aged 80 years or older is expected to triple from 2020 to 2050, reaching 426 million.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

By Ingredient: Vitamins, Vitamins, Botanicals, Minerals, Proteins and Amino Acids, Omega Fatty Acids, Others.

By Form: Tablet, Capsules, Soft Gels, Powders, Liquids, Others.

By Application: Energy and Weight Management, General Health, Bone and Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Others.

By End-User: Adults, Geriatric, Pregnant Women, Children, Infants.

By Distribution Channel: Offline, Online.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.datamintelligence.com/customize/food-supplement-market

๐Œ๐š๐ฃ๐จ๐ซ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

โ€ข Amway
โ€ข Abbott Laboratories
โ€ข Bayer AG
โ€ข Pfizer Inc
โ€ข ADM
โ€ข Carlyle Nutritionals LLC
โ€ข Glanbia Plc
โ€ข Haleon Plc
โ€ข Otsuka Holdings Co Ltd
โ€ข Herballife Ltd

*๐๐จ๐ญ๐ž:

**๐“๐ก๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ฏ๐ž๐ซ๐ฌ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž๐ฌ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ž๐ฆ๐ž๐ซ๐ ๐ข๐ง๐  ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐ฌ๐ญ๐š๐ซ๐ญ๐ฎ๐ฉ๐ฌ, ๐ฐ๐ก๐ข๐œ๐ก ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ฏ๐š๐ฅ๐ฎ๐š๐›๐ฅ๐ž ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐ž๐ฏ๐จ๐ฅ๐ฏ๐ข๐ง๐  ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐š๐ง๐ ๐ค๐ž๐ฒ ๐ฌ๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ ๐›๐ž๐ข๐ง๐  ๐š๐๐จ๐ฉ๐ญ๐ž๐**

This Report Covers:

โœ” Go-to-market Strategy.
โœ” Neutral perspective on the market performance.
โœ”Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
โœ”Customized regional/country reports as per request and country level analysis.
โœ” Potential & niche segments and regions exhibiting promising growth covered.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

Herbal Supplements Market: https://datamintelligence.com/research-report/herbal-supplements-market

Medicinal Herbs Market: https://datamintelligence.com/research-report/medicinal-herbs-market

Affiliate Marketing Request here: https://www.datamintelligence.com/affiliate-marketing

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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