Dietary Supplements Market Size, Share, Growth, Trend Analysis and Industry Statistics Report, 2019 to 2025
The global dietary supplements market size was estimated at USD 115.06 billion in 2018. It is expected to expand at a CAGR of 7.8% during the forecast period.
(firmenpresse) - The global dietary supplements market size is projected to reach USD 194.63 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.8% during the forecast period. The market is backed by rising health awareness among consumers of all age groups across the world coupled with a considerable rise in the number of fitness centers and gymnasiums.
The market is driven by the hectic work schedules among working individuals coupled with fluctuations in diet intervals. Such factors have promoted the sale of dietary and nutritional supplements in the form of powder, liquids, and capsules across the globe. Rising importance of microencapsulation in the pharmaceutical industry to ensure color characteristics and the quality of finished ingredients is likely to force dietary supplements manufacturers to use capsule dosage forms over the forecast period.
North America emerged as the largest market for dietary supplements in 2018. On a macro level, rising awareness pertaining to nutritional enrichment expected to propel the regional demand in the forthcoming years. Moreover, rising demand of sports as an academic curriculum activity in education systems in major markets including U.S., Russia, China, and Japan is expected to promote the application of dietary supplements among children.
Energy and weight management is expected to remain dominant application segment throughout the forecast period owing to the rising awareness regarding fat reduction and focus on enhancing nutrition intake among adults.
Further key findings from the report suggest:
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Datum: 26.12.2019 - 02:34 Uhr
Sprache: Deutsch
News-ID 1554954
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Typ of Press Release: Financial
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Date of sending: 24.12.2019
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