The latest report titled Global Vitamins and Supplements Market contains an in-depth analysis of the fundamental parameters contributing to the global Vitamins and Supplements market scenario. This research report offers readers an in-depth interpretation of the dynamics of the Vitamins and Supplements market, including key drivers, opportunities, threats, and challenges. The report also briefly discusses key business strategies, supply-demand ratios, key regions, prominent market players, and offers a future outlook for the overall Vitamins and Supplements industry. The market research report is a prototype 360° overview of the global Vitamins and Supplements industry with estimated market value, share, growth trends, total revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications reveal.
The vitamins and supplements market size reached USD 108.4 Billion in 2021 and is expected to register a revenue CAGR of 6.9% during the forecast period, according to latest analysis by Emergen Research. Shift in consumer preferences due to increasing focus on health and prevention and rising prevalence of chronic diseases are some key factors projected to support market revenue growth between 2022 and 2030.
In addition, increasing awareness among consumers regarding their health is another factor driving revenue growth of the market. Different types of products are increasingly being used for vitamins and supplements. Food and nutrition sectors have evolved to provide customers with a more tailored experience and make up for dietary loss through supplemental nutrition. In addition, rising prevalence of chronic diseases is another factor increasing demand for vitamins and supplements. The World Health Organization estimates that in 2021, prevalence of chronic diseases was around 57%. This indicates that over 50% of people worldwide have a chronic illness, with cancer, diabetes, and disorders of heart and lungs being the most prevalent. Every day, a range of vitamins, minerals, and nutrients are required to maintain good health and, more significantly, a strong immune system that fights off chronic diseases.
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The report further divides the Vitamins and Supplements market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Vitamins and Supplements market.
Segments Covered in this report are:
-
Ingredient Outlook (Revenue, USD Billion, 2019 - 2030)
- Vitamins
- Supplements
-
Form Outlook (Revenue, USD Billion, 2019 - 2030)
- Tablets
- Capsules
- Soft Gels
- Powders
- Gummies
- Liquids
-
Application Outlook (Revenue, USD Billion, 2019 - 2030)
- Immunity
- Brain/Mental Health
- Bone & Joint Health
- Menopause
- Metabolic Health
- Beauty Care
- Digestive & Microbiome Health
- Others
The report also studies the key companies of the Vitamins and Supplements market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
Companies profiled in the global Vitamins and Supplements market:
Herbalife International of America, Inc., Archer-Daniels Midland Company, Amway Corporation, Pfizer, Inc., Abbott, Nestle S.A., Nutrition and Biosciences (DuPont de Nemours, Inc.), Bayer AG, Glanbia PLC, and Arkopharma
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The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Regional Outlook of Vitamins and Supplements Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Radical Highlights of the Vitamins and Supplements Market Report:
Analyzing the market's shifting dynamics and providing a thorough insight of the Vitamins and Supplements market
Growth evaluation of several market categories throughout the predicted period
Analysis of the market participants' regional and global distributions, as well as their market shares and overall positions
Key market companies have devised expansion plans to address the COVID-19 pandemic's effects on the market.
Vitamins and Supplements market effects of technical innovations and R&D improvements
Information about the growth and profit-making plans of significant businesses and manufacturers
Information that will be useful to newcomers who want to enter the market
Information and insights on product releases, business expansion plans, and other collaborations
Advanced analytical techniques are used in the report, including SWOT analysis, Porter's Five Forces Analysis, feasibility analysis, and investment return analysis.
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