A brand new report from Future Market Insights (Newark, DE) estimates the dietary complement market dimension will attain a valuation of greater than $163 billion by 2023. The compound annual development price (CAGR) is predicted to be 9.1 % over the subsequent ten years.
Future Market Insights attributes the expansion to a big selection of developments together with a extra health-conscious public, the elevated availability of on-line medical portals, a rise in sedentary life, the segmentation of age and gender, and the rising price of well being care companies.
“A complete market analysis research emphasizes the pivotal position of dietary dietary supplements in modern well being and wellness,” stated Nandini Roy Choudhury, consumer associate for meals and beverage at Future Market Insights. “The findings underscore the rising shopper consciousness and growing demand for customized dietary options, positioning dietary dietary supplements as a key driver within the evolving panorama of preventive well being care.”
A few of the key takeaways from the report embody:
The USA is main the market with 33.2 % of the worldwide market share
China is in second place with a 14.7 % world market share
Germany emerged as a distinguished European market with 8.3 % of the worldwide market share
The market is spearheaded by the mushy gel and capsule section commanding 54.9 % of the worldwide market
Nutritional vitamins and minerals elements are the main section with a 20.7 % market share of the worldwide dietary complement market
For extra info and to obtain a duplicate of the report, go to this link.
A brand new report from Future Market Insights (Newark, DE) estimates the dietary complement market dimension will attain a valuation of greater than $163 billion by 2023. The compound annual development price (CAGR) is predicted to be 9.1 % over the subsequent ten years.
Future Market Insights attributes the expansion to a big selection of developments together with a extra health-conscious public, the elevated availability of on-line medical portals, a rise in sedentary life, the segmentation of age and gender, and the rising price of well being care companies.
“A complete market analysis research emphasizes the pivotal position of dietary dietary supplements in modern well being and wellness,” stated Nandini Roy Choudhury, consumer associate for meals and beverage at Future Market Insights. “The findings underscore the rising shopper consciousness and growing demand for customized dietary options, positioning dietary dietary supplements as a key driver within the evolving panorama of preventive well being care.”
A few of the key takeaways from the report embody:
The USA is main the market with 33.2 % of the worldwide market share
China is in second place with a 14.7 % world market share
Germany emerged as a distinguished European market with 8.3 % of the worldwide market share
The market is spearheaded by the mushy gel and capsule section commanding 54.9 % of the worldwide market
Nutritional vitamins and minerals elements are the main section with a 20.7 % market share of the worldwide dietary complement market
For extra info and to obtain a duplicate of the report, go to this link.
