Global Dietary Supplements Market to grow at a CAGR of 7.85% from 2021 to 2027 – Axiom MRC.
Axiom Market Research & Consulting (TM) added a report on the Global Dietary Supplements market. The study covers analysis of economic indicators of major countries along with GDP, impact of COVID-19 on global food ingredients industry, government policies, business investments, key marketing strategies etc. The Global Dietary Supplements market is projected to grow at a CAGR of 7.85% over the forecast period of 2021 to 2027. The market is estimated and forecasted in terms of revenue (USD million).
The Global Dietary Supplements market is analyzed based on type, form, end user, application and geography. Vitamins, herbs & botanicals, minerals, proteins & amino acids, fatty acids, fibers & specialty carbohydrates are the major types of dietary supplements accessible to the populace. These products are made available in the form of tablets, capsules, powder, liquids etc. Dietary supplements are majorly consumed by adults, geriatric, pregnant women, children and infants as it finds application in energy and weight management, general health, bone and joint health, immunity, diabetes etc. The market is studied across major countries of North America, Europe, Asia Pacific and Rest of the World.
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Rising disposable income together with growing awareness regarding health issues is likely to improve the demand globally. Moreover, these food products are gaining traction owing to rising obesity and overweight problems. Dietary Supplements assist in reducing weight, improve the blood sugar levels and minimizes the risk of cardiovascular diseases. Moreover, new product launches by Amway and GSK aimed at weight management among athletes are expected to further fuel the growth.
The major companies operating in the Dietary Supplements market include Advocare (United States), Amway (United States), Bayer AG (Germany), Bio-Botanica Inc. (United States), Blackmores Ltd. (Australia), GNC Holdings Inc. (United States), GlaxoSmithKline PLC (United Kingdom), Herbalife Ltd. (United States), Integrated Biopharma, Inc. (United States), Koninklijke DSM N.V. (Netherlands), Pfizer Inc. (United States), Reckitt Benckiser (United Kingdom), Sanofi (France).
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