The
global market for dietary supplements is analyzed in a recent market
research report by Transparency Market Research. The report, titled
“Dietary Supplements Market - Global Industry Analysis, Size,
Share, Trends, Analysis, Growth And Forecast 2014 – 2020,”
focuses on the key drivers, restraints, and trends that are expected
to have a sizeable impact on the overall development of the market in
the next few years. A detailed overview of the competitive landscape
and the regulatory forces governing several decisions in the market
has also been included.
View
exclusive Global strategic Business report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=162
The chief factors driving the increased usage of dietary supplements
include the rising awareness regarding the value of a healthy
lifestyle, which is leading to an increased interest in the
consumption of products promoting it, the rising geriatric
population, and rising disposable incomes across emerging economies.
With the vast rise in the world’s geriatric population, a
continuous surge in the prevalence of chronic diseases and the need
to find preventive measures has also been seen. These factors have
collectively led to the increased global sales of supplements
fortified with nutrition, minerals, vitamins, and herbal elements.
The vast growth opportunities have attracted a large number of
companies in the field of dietary supplements globally. Although
developed regions such as North America and Europe have traditionally
been at the forefront of the global dietary supplements market,
accounting for a dominant share in market’s overall revenues, the
market in emerging economies such as Asia Pacific and Latin America
is rapidly gaining traction. Heightened awareness regarding
healthcare and rising affordability of dietary supplements are the
key factors driving this change.
The conspicuous rise in product varieties in the global dietary
supplement market’s portfolio has also benefitted the overall
development of the market in the past few years. The market now
includes products that can cater to the diverse requirements of the
consumer according to the nutritional value of the supplement, the
age group the products are meant to be used for, and the price range.
Also, the widening supply channels are also bolstering the sales of
dietary supplements as products can be easily obtained.
On the basis of type, the global
dietary supplements market can be segmented into herbals or
botanics, minerals, amino acids, vitamins, and enzymes. On the basis
of form, the market can be examined for gel capsules, powders, soft
gels, liquids, capsules, and tablets.
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