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Dietary Supplements Market Research Report: Type, Treatment, End User - Global Forecast Till 2027

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Mayur Kasrung
Dietary Supplements Market Research Report: Type, Treatment, End User - Global Forecast Till 2027

Dietary Supplements in the Age of Personalized Nutrition Market Information: Product Category (Vitamins, Herbs & Botanicals, Others), Application (Lifestyle Diseases, Inherited Disease and Others), Gender, Dosage Form (Tablets, Capsules, Others) and End-User – Global Forecast till 2027

Market Overview:

In recent years, the dietary supplement market has witnessed tremendous growth. The major factors influencing the growth of the market include rapid diversification and rising prevalence of various lifestyle diseases worldwide, rising approval from government bodies, growing awareness, and screening for diabetes mellitus, rise in research funding for diagnosis and treatment of these conditions. Furthermore, increasing government healthcare expenditure for the welfare of the population, has spurred the growth of this market. Healthcare expenditure across the globe is continuously increasing. From the last decades, healthcare expenditure in regions like the Americas and Europe has increased. According to the Centers for Medicare & Medicaid Services, in 2015, the U.S. healthcare spending is likely to increase 5.8% reaching USD 3.2 trillion. Since 2016, the healthcare spending in North America has been increased. Canadian healthcare specifically was stressed by an advancing demographic move. Therefore, growing healthcare expenditure.

Increasing incidence of diseases due to sedentary lifestyle and a lack of balanced diet has majorly influenced the growth of the market. According to the World Health Organization (WHO), in 2015, over 17.7 million people died from cardiovascular diseases, representing 31% of all global deaths. According to the same study, it was found that 82% of the total deaths occurred in the low and middle-income countries. Dietary supplements in the age of personalized nutrition plays an important role in the treatment of various lifestyle diseases such as atherosclerosis, cardiovascular disease, stroke; obesity and type 2 diabetes due to which there has been an increasing demand for dietary supplements in the age of personalized nutrition. Changing the dietary approaches and switching to therapeutic lifestyle prove effective in the prevention of hypertension and other cardiovascular disorders. Furthermore, many organizations such as the America Heart Association and the National Heart, Lung and Blood Institute have come up with strategic diets to minimize the risks for cardiovascular and other lifestyle related diseases.

Some of the key players in this market are Nestlé Health Science, Danone Nutricia, Carlyle Group, Amway (Nutrilite), Archer Daniels Midland, Abbott Laboratories, Herbalife International, Amway, Danisco, Glanbia, Bayer AG, GlaxoSmithKline plc, Pfizer Inc., Balchem Corporation, Natures Product Inc., Bactolac Pharmaceutical Inc. and others.

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Table of Content

1 Report Prologue

2 Market Introduction

2.1 Introduction 21

2.2 Scope Of Study 21

2.3 Research Objective 21

2.4 Assumptions & Limitations 21

2.4.1 Assumptions 21

2.4.2 Limitations 21

3 Research Methodology

3.1.1 Primary Research Methodology 24

3.1.2 Secondary Research Methodology 25

3.1.3 Market Share Analysis 25

3.1.4 Market Pricing Approach 26

4 Market Dynamics

4.1 Introduction 28

4.2 Drivers 29

4.2.1 Increasing Incidence Of Diseases Due To Sedentary Lifestyles And A Lack Of Balanced Diet 29

4.2.2 Rising Awareness Towards Weight Management And Maintenance Of A Healthy Lifestyle 30

4.2.3 Increasing Geriatric Population 31

4.3 Restraints 32

4.3.1 Negative Publicity And Presence Of Misbranded Supplements 32

4.3.2 Lack Of Awareness About Consumption Of Dosage Of The Supplements 33

4.4 Opportunities 34

4.4.1 Introduction Of E-Commerce Portals 34

4.4.2 Increase In Merger & Acquisition Activity And Growing R&D Spending For Dietary Supplements 35

4.5 Challenges 36

4.5.1 Increasing Regulatory Pressures 36

4.6 Mega Trends: 37

4.6.1 Rise In Global Obesity Population 37

4.6.2 Increasing Sales Of VMHS Category 37

4.7 Macroeconomic Indicators 37

4.8 Technology Trend & Assessment 38

5 Market Factor Analysis

5.1 Porter’s Five Forces Model 40

5.1.1 Bargaining Power Of Suppliers 40

5.1.2 Bargaining Power Of Buyers 40

5.1.3 Threat Of New Entrants 41

5.1.4 Threat Of Substitutes 41

5.1.5 Intensity Of Rivalry 41

5.2 Value Chain Analysis 41

5.2.1 R&D 42

5.2.2 Manufacturing 42

5.2.3 Distribution & Sales 42

5.2.4 Post-Sales Monitoring 42

5.3 Demand & Supply: Gap Analysis 43

5.4 Pricing Analysis 43

5.5 Investment Opportunity Analysis 43

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/global-dietary-supplements-market-5703

About Market Research Future:

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