Transparency
Market Research (TMR) presents new market study on the global
multi nutritional supplement market for the 2016-2024 period. The
report, titled “Multi Nutritional Supplement Market - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 –
2024,” is a professional study to comprehend the growth curve of
the market during the aforementioned forecast period.
As
a general trend, consumers are around the world are increasingly
becoming aware about food and nutrition for health and well-being. As
everyday food fails to fulfill complete nutritional requirements, the
demand for nutritional supplements is on the rise. Some of the
nutritional supplements available are vitamin supplement, mineral
supplement, sports supplement, herbal supplement, and meal
replacement supplement.
Moreover,
with hectic lifestyle in urban areas where both the partners are
working does not leave adequate time to cook food will all the
necessary nutrition. For instance, athletes and sportsmen require
vitamin and mineral supplements for their strenuous schedules. Hence,
the use of multi nutritional supplements are gaining popularity to
fulfill nutritional gaps.
The
rising disposable income of individuals and improving economic
conditions has led to increased spending on dietary supplements.
Also, consumers prefer using multi nutritional supplements instead of
several supplements for all-in-one convenience and for less chances
of missing the supplement.
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more information on this report, fill the form @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10769
Health
stores, hypermarkets, drug store, and supermarkets are major channels
for dispensing multi nutritional supplements. Key companies operating
in the market often promote their products through medical
professionals. These companies also promote their products through
gym instructors and trainers. Other than these medium, social media
has coming up as an efficient medium for promoting nutritional
supplement products and for holding promotional campaigns. These
factors are collectively favoring the growth of multi nutritional
supplement market.
Despite
strong demand for these products, the high cost of multi nutritional
supplements is the primary factor challenging the market’s growth.
Nevertheless, the market is expected to witness lucrative
opportunities in developed regions such as North America and Europe
due to easy availability of nutritional supplements and high spending
on these products. The increasing purchasing power and increasing
awareness about the use of nutritional supplements for well-being
will bode well for the growth of the Asia Pacific and Latin America
regional markets.
In
terms of consumers’ age, women, adults, infants, pregnant women,
and elderly persons are the segments into which the market can be
divided. In terms of form, the market can be divided into gel
capsules, soft gels liquids, capsules, and tablets.
On
the basis of geography, the global multi nutritional supplements
market can be studied with respect to North America, Eastern Europe,
western Europe, Asia Pacific excluding Japan, the Middle East and
Africa, Latin America, and Japan.
The
report mentions and profiles key vendors in the multi nutritional
supplement market, namely Nature’s Bounty Inc., Puritan’s Pride
Inc., Amway, and Rexall Sundown Inc. among others.
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