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Vitamin Supplements Global Industry Report is expected to reach CAGR of 6.5% by 2025.

07-19-2017 02:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: WiseGuyResearch Consultants Pvt Ltd

/ PR Agency: WiseGuyResearch Consultants Pvt Ltd
Vitamin Supplements Industry

Vitamin Supplements Industry

Press Release: Pune, India- 18th July , 2017

Global Vitamin Supplements Market Research Report- Forecast to 2020

 Description:

The global market for vitamin supplements has witnessed continued demand during the last few years and is projected to reach $ 53 Billion tons by 2020, at a CAGR of 6.5% from 2014 to 2020. Global vitamin supplements market is growing at a steady rate majorly due to increasing consumer awareness about preventative healthcare. Healthcare is increasing with the increasing research and development (R&D) expenditure. Due to the increasing cost of healthcare, people are turning towards supplement products, including vitamin supplements, for a healthy life. 

Rising urban population paired with rise in education qualification and rising number of health conscious people especially in the developing Asian countries, such as India and China, are more willing to shift towards intake of supplement products including vitamin supplements to compensate their nutritional requirement. Demand of vitamin supplements products have increased in all stage of life, recently more common children as parents have become more conscious about their health and wellness. Asia-Pacific region is still considered as one of the promising market for the vitamin supplements due to increasing urban population paired with increasing disposable income. .

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Based on end-user, highest growth rate will be witnessed in elderly citizens followed by adult men among the end-users during the forecasted period. Among various applications, health care was estimated a larger share of 49% in the year 2016. Based on applications, highest growth rate will be witnessed in personal care followed by healthcare among the vitamin supplements during the forecasted period.

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Table of Content

Research Scope and Methodology 
1.1 Market Definition 
    1.2 Market Breakdown by Segments, Categories, End Users and Applications 
    1.3 Market Breakdown by Geography 
    1.4 Research Methodology and Sources 
2. Executive Summary
    2.1 Key Findings 
    2.2 Research Summary 
3. Market Outlook 
    3.1 Introduction 
    3.2 Trends in the Market 
      3.2.1 Popularity of online shopping portals for purchasing nutritional products 
    3.3 Opportunities in the Market 
      3.3.1 Rising urban population in the developing markets of Asia-Pacific provide ample growth opportunities 
    3.4 Factors Driving the Market and its Impact on Market Forecast 
      3.4.1 Increasing use of gummies form of vitamin by younger generation is increasing the demand for vitamin supplements 
      3.4.2 Rising awareness about benefits of vitamin may drive the global vitamin supplements market 
      3.4.3 Rising demand of vitamin supplements at elderly age is driving the global market vitamin supplements market 
      3.4.4 Rising healthcare cost is expected to increase the demand for vitamin supplements 
    3.5 Factors Hindering the Market and its Impact on Market Forecast 
      3.5.1 Negative publicity may hamper the vitamin supplements growth 
      3.5.2 Strict government regulatory scenario in developing countries may hamper the vitamin supplements market growth 
  
4. Global Market Size and Forecasts (2010 – 2020) 
    4.1 Global Market Breakdown by End-user 
    4.2 Global Market Breakdown by Application 
    4.3 Global Market Breakdown by Region 
5. Global Market Breakdown by End-User 
    5.1 Adult Women (Aging 18 – 59 years) 
    5.2 Adult Men (Aging 18 – 59 years) 
    5.3 Elderly Citizen (aging 60 and above) 
Continued…………                                       

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Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of research reports from hundreds of publishers worldwide. We boast a database spanning virtually every category and an even more comprehensive collection of research reports under these categories and sub-categories

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