Selbyville, Delaware, May 24, 2020 (GLOBE NEWSWIRE) -- The global nutrition and supplements market was valued at over USD 113.94 billion in 2019 and is estimated to grow profusely at a growth rate of more than 8.2 per cent over 2019-2026. Rising awareness amongst people regarding the consumption of foods rich in nutrition and supplements with an intent of reducing the extra calorie and weight, is expected to drive the overall nutrition and supplements market in the upcoming years.
Global nutrition and supplements market, as per the given report, has been fragmented into different segments including type, distribution channel, regions, and an expansive competitive landscape. The document outlines individual market shares and current and projected growth rates, technological advancements, overall segment valuation, and several other important details of each of these segments.
In fact, according to World Food India 2017 statistics, it was predicted that the Nutraceuticals market across the country would record a massive USD 4 billion revenue share in 2020, which is almost double the market size in 2017. This is attributed to the increasing demand for dietary supplements for upper- as well as middle-class population.
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Likewise, as per a survey by Council for Responsible Nutrition, the United States, it was reported that about 77 per cent of population in the States consume dietary supplements. Besides, both male and female above 18 years of age have been consuming dietary supplements and amongst all age groups, adults aged between 35-54 have been abundantly using these dietary supplements, about 81%, thus contributing towards the market expansion.
Nutrition and supplements are generally extracted from either food source or are obtained synthetically from animals, manufactured in the form of capsules, tablets, pills, liquid, etc., and are taken orally. Consumption of these enable healthy compounds to an individual with vitamins, minerals, amino acid, and fiber, etc.
Although the global nutrition and supplements market is depicting a promising growth in the upcoming years, side effects related to the consumption of these nutrition and supplements are likely to impede the growth statistics of the overall market.
The nutrition and supplements industry is diversified into various regions including the North America, Asia Pacific, Europe, Latin America, and ROW. North America has been touted to dominate the regional belt owing to growing cognizance amongst the people regarding health management. Meanwhile, APAC is also anticipated to accrue significant proceeds over the foreseeable period perhaps attributing to the hectic work schedules among working individuals and fluctuations in diet intervals.
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Worldwide nutrition and supplements industry is divided on the basis of types, distribution channels, regions, and competitive landscape.
Nutrition & Supplements Market Type Analysis (Revenue, USD million, 2016-2026)
- Vitamin
- Minerals
- Herbal Supplements
- Fatty acid
- Others
Nutrition & Supplements Market Distribution Channels Analysis (Revenue, USD million, 2016-2026)
- Pharmacies & Drug store
- Supermarket & Hypermarket
- Online Channels
- Others
Nutrition & Supplements Market Regional Analysis (Revenue, USD million, 2016-2026)
North America
- U.S.
- Canada
Europe
- UK
- Germany
Asia Pacific
- China
- India
- Japan
Latin America
- Brazil
- Mexico
Rest of the World
Nutrition & Supplements Market Competitive Landscape Analysis (Revenue, USD million, 2016-2026)
- Pfizer Inc.
- Amway
- Suntory Holdings Ltd
- Glanbia PLC
- Glaxosmithkline PLC
- Abbott Laboratories
- Bayer AG
- Otsuka Holdings Co. Ltd
- Sanofi S.A
- DuPont
Table of Contents:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Nutrition & Supplements Market, by Region, 2018-2026 (USD Billion)
1.2.2. Nutrition & Supplements Market, by Type, 2018-2026 (USD Billion)
1.2.3. Nutrition & Supplements Market, by Distribution Channel, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Nutrition & Supplements Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Nutrition & Supplements Market Dynamics
3.1. Nutrition & Supplements Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Nutrition & Supplements Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Nutrition & Supplements Market, by Type
5.1. Market Snapshot
5.2. Global Nutrition & Supplements Market by Type, Performance - Potential Analysis
5.3. Global Nutrition & Supplements Market Estimates & Forecasts by Type 2016-2026 (USD Billion)
5.4. Nutrition & Supplements Market, Sub Segment Analysis
5.4.1. Vitamin
5.4.2. Minerals
5.4.3. Herbal Supplements
5.4.4. Fatty acid
5.4.5. Others
Chapter 6. Global Nutrition & Supplements Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Nutrition & Supplements Market by Distribution Channel, Performance - Potential Analysis
6.3. Global Nutrition & Supplements Market Estimates & Forecasts by Distribution Channel 2016-2026 (USD Billion)
6.4. Nutrition & Supplements Market, Sub Segment Analysis
6.4.1. Pharmacies & Drug store
6.4.2. Supermarket & Hypermarket
6.4.3. Online Channels
6.4.4. Others
Chapter 7. Global Nutrition & Supplements Market, Regional Analysis
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