Pune, Feb. 06, 2020 (GLOBE NEWSWIRE) -- The global Dietary Supplements Market size is expected to reach USD 74.14 Billion by 2026, exhibiting a CAGR of 6.34% during the forecast period. The increasing cases of diseases such as obesity and other lifestyle disorders will encourage the growth of the market in the forthcoming years. Furthermore, the enabling regulations on food and supplements by regulatory authorities such as the Food and Drug Administration of United States (FDA) will fuel demand for dietary supplements during the forecast period. For instance, in 2016, FDA stated that a definition for dietary fiber for the first time declaring that dietary fiber will be measured as any naturally occurring fibers that are "intrinsic and intact" in plants as well as some synthetic nondigestible carbohydrates. FDA has also determined that it has physiological effects which can benefit human health. There are now 17 nondigestible substances that the FDA classifies as dietary fiber, and that helps reduce blood cholesterol. In addition, the USDA issued new rules concerning the nutritional content of school lunches across America. The changes would reduce the amount of fruit that schools are required to offer students for breakfast from one cup to a half cup. allowing more "flexibility" in the vegetables served in schools. These new rules and regulations regarding the nutritional value of the food will consequently aid the growth of the market in the foreseeable future.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/dietary-supplements-market-102082
According to the report, published by Fortune Business Insights in a report, titled “Dietary Supplements Market Size, Share & Industry Analysis, By Form (Tablets, Capsules, Liquids, and Powders), Type (Vitamins, Minerals, Enzymes, Fatty Acids, Proteins, and Others), and Regional Forecasts, 2019 – 2026” the market size stood at USD 45.75 Billion in 2018. The report focuses on demonstrating a complete assessment of the Dietary Supplements Market analysis. It contains facts, thoughtful insights, historical information, industry-validated market information, and projections with a suitable set of assumptions and methodology. It offers valuable insights into all the notable developments of the market. It shares a complete overview of all the segments & parts of the market and also provides statistical data on all the regions. It is created after extensive research followed by an all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. Moreover, it also includes product launches, acquisitions, collaborations & partnerships, and industry developments.
Introduction of OptUp by The Kroger Company to Promote Market Expansion
The rising awareness regarding personalized or tailor-made nutritional products is expected to escalate the market demand during the forecast period. Technological advancements and increased investment in research & development of functional foods and supplement products will ease the development of the Dietary Supplements Market. Furthermore, the development of smartphone applications by leading companies with an aim to offer personalized product suggestions or recommendations to consumers will aid the Dietary Supplements Market in the foreseeable future. For instance, in July 2018, The Kroger Company, a prominent American retail company based in Ohio, introduced “OptUp,” an app designed to offer personalized product suggestions or recommendations to consumers. With the help of the newly launched app, customers can get their nutritional information at their fingertips.Moreover, the surge in health-conscious consumers around the world will promote the Dietary Supplements Market trends during the forecast period, states our lead analysists at Fortune Business Insights. In addition, the rising emphasis on sports and bodybuilding will back the Dietary Supplements Market growth.
Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/dietary-supplements-market-102082
Nurtient Deficiencies to Fuel Demand for Dietary Supplements in Asia Pacific
Asia Pacific is expected to witness high demand during the forecast period owing to the requirement for vitamins, minerals, and multivitamin supplements. The common nutrient deficiencies found in growing children, pregnant women, and the elderly will spur demand for nutritional supplements and dietary vitamin supplements, which in turn will aid the market in Asia Pacific. North America generated a revenue of USD 11.41 billion in 2018 and in 2019 USD 11.95 billion. The growth witnessed in the region is attributed to the surge in the geriatric population and increasing preventative healthcare measures. In addition, the adoption of dietary supplements will support the Dietary Supplements Market size.
Some of the Major companies in the Dietary Supplements Market Include:
- Amway Corp
- Abbott
- Nestle S.A.
- Herbalife Nutrition Ltd.
- Archer Daniels Midland Company
- Glanbia Nutritionals
- Otsuka Holdings Co. Ltd.
- Arkopharma
Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/dietary-supplements-market-102082
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Key Insights
- Overview of the Parent/Related Markets
- Technological Advancements
- Industry SWOT Analysis
- Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- Global Dietary Supplements Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Form (Value)
- Tablets
- Capsules
- Liquids
- Powders
- By Type (Value)
- Vitamins
- Minerals
- Enzymes
- Fatty Acids
- Proteins
- Others
- By Region (Value)
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- By Form (Value)
Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/dietary-supplements-market-102082
Have a Look at Related Reports:
Southeast Asia Dietary Supplements Market Size, Share & Industry Analysis, By Type (Vitamins, Minerals, Enzymes, Fatty Acids, Proteins, and Others), Form (Tablets and Capsules, Powder, and Liquid), and Regional Forecasts, 2019 – 2026
Europe Dietary Supplements Market Size, Share & Industry Analysis, By Type (Vitamins, Minerals, Enzymes, Fatty Acids, Proteins, and Others), Form (Tablets, Capsules, Powder, and Liquid), and Regional Forecasts, 2019 – 2026
Annatto Market Size, Share & Industry Analysis, By Type (Oil-soluble Annatto, Water-soluble Annatto, and Emulsified and Solvent-extracted Annatto), Application (Food Industry, Natural Fabric Industry, Cosmetic Industry, and Others), and Regional Forecasts, 2019 - 2026
Real and Compound Chocolate Market Size, Share & Industry Analysis, By Type (Real Chocolate and Compound Chocolate), Form (Chips, Slabs, Coatings, and Others), Application (Confectionery, Bakery, Dairy, and Frozen Products, Bssseverages, and Others), and Regional Forecasts, 2019 – 2026
Spices and Seasonings Market Size, Share & Industry Analysis, By Type (Pepper, Chili, Ginger, Cinnamon, Cumin, Turmeric, Nutmeg and Mace, Cardamom, Cloves, and Others), Application (Meat and Poultry, Bakery and Confectionery, Frozen Food, Snacks and Convenience Food, and Others), and Regional Forecasts 2019-2026
Meat Substitute Market Size, Share & Industry Analysis, By Source (Soy-based Ingredients, Wheat-based Ingredients, Textured Vegetable Proteins, and Other grain-based Ingredients), Distribution Channel (Mass Merchandisers, Specialty Stores, Online Retail, Other Retail Channels, and Foodservice), and Regional Forecasts 2019 – 2026
Sake Market Size, Share & Industry Analysis, By Type (Ordinary Sake, Junmai, Honjozo, Junmai Ginjo, Ginjo, and Junmai Daiginjo), By Age Group (20-40 Years Old, 40-60 Years Old, and Above 60 Years Old), and Regional Forecast 2019 – 2026
Carotenoids Market Size, Share and Industry Analysis By Type (Beta-Carotene, Lutein, Lycopene, Astaxanthin, Zeaxanthin, Canthaxanthin, and Others), By Application (Animal feed, Foods & Beverages, Dietary Supplements, Personal Care & Cosmetic, and Pharmaceuticals), By Source (Synthetic and Natural), and Regional Forecast 2019 – 2026
Sorbitol Market Size, Share and Global Trend By Type (Liquid/Syrupy and Powder/Crystal), Application (Food & Beverages, Personal Care & Cosmetics, Pharmaceuticals, and Others), and Geography Forecast 2019-2026
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs
Press Release https://www.fortunebusinessinsights.com/press-release/dietary-supplements-market-9566