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Global Wellness Supplements Market accounted to USD 251.4 billion by 2020 growing at a CAGR of 6.9% till 2024

09-21-2017 04:19 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Wellness Supplements Market By Products (Dermo-cosmetic essentials {Anti-Aging Supplements, Anti-Cellulite Supplements and Anti-Acne Supplements}, Dietary supplements {Vitamin Supplements, Mineral Supplements, Protein Supplements and Herbal Supplements}, Functional/Fortified food & beverages {Omega Fatty Acids Fortified Food, Probiotic Fortified Food, Branded Iodinated Salt, Branded Wheat Flour, Energy Drinks, Sports Drinks and Fortified Juices}, Food intolerance products {Gluten-free Foods, Lactose-free Foods, Diabetic Foods and Other Special Milk Formula}), By End User (Infants, Children, Adult, and Old Age), By Geography (North America, Asia-Pacific, Europe, South America, and the Middle East & Africa)- Industry Trends and Forecast to 2024

Global Wellness Supplements Market accounted to USD 251.4 billion by 2020 growing at a CAGR of 6.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Wellness Supplements Market Definition:

Wellness supplements are the substances taken to add further nutritional value to the diet for enhanced health and to provide nutrients or non-nutrient substances, which are biologically beneficial.
Global Wellness Supplements Market Competitive Analysis:
The Global Wellness Supplement Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wellness supplement market for global, Europe, North America, Asia Pacific and South America.

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Major Market Drivers and Restraints:

•Ingestion of such supplements increases the strong immunity.
•Increase in focus on healthy lifestyle.
•Increasing in the beneficiaries of preventive health over treatments.
•High cost of wellness products hinders the market.
•Changing regulatory policies inhibits the growth of the market.

Market Segmentation: Global Wellness Supplements Market

By Products the market for wellness supplements market is segmented into Dermo-cosmetic, which is classified into anti-acne supplements , anti-aging supplements and anti-cellulite supplements; Dietary supplements, which is further classified into herbal supplements, mineral supplements, protein supplements and vitamin supplements, Functional/Fortified food & beverages are categorized as branded iodinated salt, branded wheat flour, fortified juices, energy drinks, omega fatty acids fortified food, sports drinks and probiotic fortified foodand Food intolerance products which is classified as diabetic foods, gluten-free foods, lactose-free foods and other special milk formula.

By End User the market is segmented in Infants, Children, Adult, and Old Age.

On the basis of geography, wellness supplements market report covers multiple geographies such as North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, India, South Korea and Japan among others. North America is expected to dominate the market.

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Major Market Competitors :

Some of the major players operating in wellness supplement products market are:

• Nestle S.A. (Switzerland),
• Abbott Laboratories (U.S.),
• Amway (U.S.),
• Otsuka Holdings Co., Ltd. (Japan),
• Herbalife Ltd. (U.S.),
• Archer Daniels Midland Company (U.S.),
• Glanbiaplc (Ireland),
• NBTY, Inc. (U.S.),
• GNC Holdings Inc. (U.S.),
• Nu Skin Enterprises, Inc. (U.S.),
• GrupoOmnilife (Mexico),
• Forever Living (U.S.),
• Pola, Inc. (Japan),
• Shaklee Corporation (U.S.),
• Usana Health Sciences Inc. (U.S.),
• Pharmavite LLC,
• Nature’s bounty Inc.,
• Bayer Ag
• Omega Protein Corporation.

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Vishal Dixit

Data Bridge Market Research
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An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Data Bridge Market Research
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