Selbyville, Delaware, June 22, 2021 (GLOBE NEWSWIRE) — According to credible sources, global nutritional supplements market size was worth USD 310.4 billion in 2020 and is reckoned to register a compound annual growth rate of 6.2% to accumulate USD 472.93 billion over 2021-2027.
Besides, the document is compiled utilizing Porter’s Five Force Model, Investment Adoption Model, as well as the PEST Analysis, incorporating both the qualitative as well as quantitative aspects which further anatomize the business sphere for the cognizance of the readers. Along with this, thorough regional bifurcation, in consort with study of competitive dynamics with regards to the business profiles of the companies are also hosted in the report.
Increasing awareness of immunity boosting supplements, consumer attention towards health, hair, skin, and nails, along with launch of new products by companies are propelling the industry growth.
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Citing an instance, OZiva launched vegan omega-3 multivitamin in February 2021. Similarly, Avrio Health L.P. introduced nutritional supplement products in blueberry and pomegranate flavors in March 2021, along with Senokot laxative tea that included Senokot Laxative Gummies.
For the unversed, nutritional supplements are used for treating nutritional deficiency as they contain proteins, minerals, vitamins, and other important ingredients. Increasing consciousness for calorie reduction among gym goers and athletes is also expected to augment global nutritional supplements industry outlook.
On the contrary, high price of products, coupled with side-effects due to excess intake of nutritional supplements are likely to arrest the expansion graph of the industry vertical.
Outlining market segmentations
Speaking of the product gamut, worldwide nutritional supplements industry is divided into solid, and hollow. By consumer group, the marketspace is bifurcated into geriatric, pregnant, adults, children, and infants. In terms of formulation of nutritional supplements, the industry consists of capsules, softgels, tablets, liquid, powders, and others. While different sales channels deployed are e-commerce, and brick & mortar.
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Elaborating regional spectrum
Expert analysts claim that Asia Pacific led the global nutritional supplement market forecast in the recent past, accredited to growing consumer health awareness. Parallelly, Latin America is poised to grow with the significant growth rate over 2021-2027, on account of increasing discretionary income as well as consumer willingness for nutritional products expenditure.
Global Nutritional Supplements Market by Product Type (Revenue, USD Billion, 2018-2027)
Global Nutritional Supplements Market by Sales Channel (Revenue, USD Billion, 2018-2027)
·Bick and Mortar
Global Nutritional Supplements Market by Formulation (Revenue, USD Billion, 2018-2027)
Global Nutritional Supplements Market by Consumer Group (Revenue, USD Billion, 2018-2027)
Global Nutritional Supplements Market Regional Landscape (Revenue, USD Billion, 2018-2027)
Global Nutritional Supplements Market Competitive Dashboard (Revenue, USD Billion, 2018-2027)
·Nature’s Bounty Co.
·Archer-Daniels-Midland Company (ADM)
·ARKOPHARMA Laboratories Co. Ltd.
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Market , by Region, 2019-2027 (USD Billion)
1.2.2. Nutritional Supplements Market, by Product, 2019-2027 (USD Billion)
1.2.3. Nutritional Supplements Market, by Consumer Group , 2019-2027 (USD Billion)
1.2.4. Nutritional Supplements Market, by Formulation, 2019-2027 (USD Billion)
1.2.5. Nutritional Supplements Market, by Sales Channel, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Nutritional Supplements Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Nutritional Supplements Market Dynamics
3.1. Nutritional Supplements Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
184.108.40.206. New product launch
220.127.116.11. Rising awareness for immunity boosting supplements
3.1.2. Market Restraint
18.104.22.168. High cost
22.214.171.124. Associated side effects
3.1.3. Market Opportunities
126.96.36.199. Rising awareness for calorie reduction
188.8.131.52. Shift of focus from pharmaceutical to nutraceutical products
Chapter 4. Global Nutritional Supplements Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Nutritional Supplements Market, by Product
5.1. Market Snapshot
5.2. Global Nutritional Supplements Market by Product, Performance – Potential Analysis
5.3. Global Nutritional Supplements Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
5.4. Nutritional Supplements Market , Sub Segment Analysis
5.4.1. Sport Nutrition
5.4.2. Fat Burner
Chapter 6. Global Nutritional Supplements Market, by Consumer Group
a. Market Snapshot
6.1. Global Nutritional Supplements Market by Consumer Group, Performance – Potential Analysis
6.2. Global Nutritional Supplements Market Estimates & Forecasts by Consumer Group 2018-2027 (USD Billion)
6.3. Nutritional Supplements Market, Sub Segment Analysis
Chapter 7. Global Nutritional Supplements Market, by Formulation
b. Market Snapshot
7.1. Global Nutritional Supplements Market by Formulation, Performance – Potential Analysis
7.2. Global Nutritional Supplements Market Estimates & Forecasts by Formulation 2018-2027 (USD Billion)
7.3. Nutritional Supplements Market , Sub Segment Analysis
Chapter 8. Global Nutritional Supplements Market, by Sales Channel
c. Market Snapshot
8.1. Global Nutritional Supplements Market by Sales Channel, Performance – Potential Analysis
8.2. Global Nutritional Supplements Market Estimates & Forecasts by Sales Channel 2018-2027 (USD Billion)
8.3. Nutritional Supplements Market, Sub Segment Analysis
8.3.1. Bick and Mortar
Chapter 9. Global Nutritional Supplements Market, Regional Analysis
Prebiotics Market Size, Industry Analysis Report, Country Outlook Application Development, Price Trends, Competitive Market Share & Forecast, 2021 – 2027
The global prebiotics market is expected to witness a promising rate of growth over the forthcoming time period due to growing product demand across various application avenues such as animal feed prebiotics, prebiotic dietary supplements; including nutritional supplements infant formula and prebiotic food and beverages.
Prebiotics are special plant fibers that aid healthy bacteria to grow in the gut. These are used to increase the population of healthy bacteria in the gut. This helps improve the production of valuable vitamins as well as to help in digestion. Prebiotics are often termed as non-digestible food ingredients that are regularly added to various functional foods.
Prebiotic dietary supplements segment is categorized into infant formula, specialty nutrients, nutritional supplements, and food supplement. Among these, the food supplements segment is expected to reach approximately $120 million by the end of 2027. The segment is anticipated to showcase a CAGR of over 9.7% through the forecast period. The specialty nutrients segment is poised to grow at a CAGR of 10.4% over the assessment time period.
Global Infant Nutrition Market Size Study and Regional Forecasts 2021-2027
Global Infant Nutrition Market to reach USD 109.10 billion by 2027. Global Infant Nutrition Market is valued approximately at USD 50.46 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.6% over the forecast period 2020-2027. Infant nutrition are manufactured for feeding infants and babies, who are normally below 12 month of age and also it is ready from liquid or powder. This nutrition enables healthful growth and improvement of babies, improves cognitive overall performance and development, prevents them from hypersensitive reactions, and also will increase gastrointestinal health & immunity. Boom in urbanization, growth of the focused consumers. Also, advanced marketplace has encouraged the adoption of comfort-oriented life, making infant vitamins meals like infant method and prepared toddler food ideal.
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