Press release
North America Dietary Supplements Market to Cross $38 Billion by 2022
According to TechSci Research report, “North America Dietary Supplements Market By Product Type, By End User, By Point of Sale, Competition Forecast & Opportunities, 2012-2022”, the region’s dietary supplements market is forecast to surpass $ 38 billion by 2022, on the back of increasing awareness among consumers regarding lifestyle diseases, their willingness to adopt healthier dietary options along with increasing number of people using non-prescription drugs for supplementing health. Hectic lifestyle has increased the stress levels among individuals, which is a major factor for rising lifestyle diseases such as obesity, blood pressure and diabetes, in North America. Dietary supplements consist of a variety of products such as vitamins & minerals, proteins, herbal supplements, pro-biotic supplements etc., which can be chosen by consumers depending on their preference or requirements.
Browse 7 market data Tables and 35 Figures spread through 103 Pages and an in-depth TOC on "North America Dietary Supplements Market"
https://www.techsciresearch.com/report/north-america-dietary-supplements-market-by-product-type-vitamins-minerals-herbals-etc-by-end-user-infant-adult-etc-by-point-of-sale-pharmacies-drug-store-supermarket-hypermarket-etc-competition-forecast-opportunities/928.html
In 2016, United States was the largest demand generator for dietary supplements, with a value share of over 90% in North America dietary supplements market. The country is expected to continue its dominance during the forecast period as well. Vitamins & minerals based dietary supplements dominate North America dietary supplements market on account of their diverse applications such as nutritional supplements for patients suffering from heart diseases, bone problems; for infants and child nutrition; for sports nutrition; etc. However, increasing availability of counterfeit products in the market has compelled the consumers to switch to other products such as herbal dietary supplements, which are witnessing comparatively higher demand, especially from the aged population.
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Increasing health problems due to changing lifestyle, along with lack of balanced dietary intake is resulting in adoption of dietary supplements by consumers. Further, companies are also investing in devising marketing strategies to promote their products along with introducing products with new innovations such as personalized nutrition, vegan dietary supplements, etc. Rising concern for counterfeiters has compelled the manufacturers to collaborate with regulating authorities to design and implement strict regulations and policies to keep the supply chain in check and free of counterfeit products. All of these positive developments are expected to drive the market for dietary supplements in North America over the course of next five years, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
North America Dietary Supplements Market By Product Type, By End User, By Point of Sale, Competition Forecast & Opportunities, 2012-2022 has evaluated the future growth potential of dietary supplements market and provides statistics and information on market structure, size, share and future growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the North America dietary supplements market.
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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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