Transparency
Market Research (TMR) has added a new report to its repertoire of
publications about the food and beverage industry. The new report
analyzes the global
dietary supplements market in its entirety, covering the
competitive, geographical, and economic dynamics of the market. The
report is titled ‘Dietary Supplements Market - Global Industry
Analysis, Size, Share, Trends, Analysis, Growth And Forecast 2014 –
2020.’
Dietary
supplements are various products consumed orally along with a regular
diet to enhance the nutritional profile of one’s dietary intake.
This may include increasing the amount of a certain nutrient ingested
by the person or taking a supplement to prevent certain health
disorders. The nature and amount of the dietary supplement depends on
the individual makeup of the consumer’s body and their medical
profile.
The
global dietary supplements market has witnessed rising demand in the
last few years due to the combined effect of a number of factors. TMR
analysts have described the qualitative and quantitative impact of
each factor on the global market in the report.
The
rising aging population around the world is among the major drivers
propelling the global dietary supplements market. The elderly are
more likely to fall prey to nutritional deficiencies and diseases
arising from the same due to the decline in the performance of the
human digestive tract with age. Thus, many elderly people need
dietary supplements to boost the intake of vital nutrients. This is
driving demand from the global dietary supplements market. Infants,
children, adults, and pregnant women are other segments of the global
dietary supplements market based on consumer type.
The
rising awareness among consumers about general well-being is also
responsible in no small part for the growing demand from the global
dietary supplements market. The increasing financial clout of the
modern urban consumer has also helped consumers proactively enhance
their nutritional profile, thus driving the global dietary
supplements market. The hectic lifestyle of today’s consumers is
also conducive to usage of dietary supplements, since consumers can’t
always spend sufficient time to prepare elaborate and nutritionally
sound meals. This has been a major factor driving the dietary
supplements market in developed countries.
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The
major types of dietary supplements enjoying steady demand are amino
acids, minerals, vitamins, herbal products or botanics, and enzymes.
The increasing awareness about the medical benefits of fish oil has
boosted the demand for amino acid supplements, while vitamins have
always been among the dominant segments of the dietary supplements
market due to the high prevalence of vitamin deficiency disorders
around the world.
Regionally,
the global market for dietary supplements has witnessed the highest
demand in the U.S., India, and China. The rising income of consumers
in the latter two countries is responsible for the high growth rate
of the Asia Pacific dietary supplements market, while the high
health-consciousness of consumers in the U.S. has been crucial in
making North America a dominant market for dietary supplements.
The
report also examines the competitive dynamics of the global dietary
supplements market, in order to give readers a compete view of the
expected trajectory of the market. Companies such as Herbalife Ltd.,
Bayer Healthcare LLC, Abbott Nutrition, BASF, Lonza Inc., Novartis
AG, Amway, NOW Foods, and A1 Supplements are profiled in the report.
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