Dietary Supplements Market Overview:
Dietary supplements are medicines designed to provide a specific nutrient to make up for its shortage in the human body. Personalized nutrition is an emerging field in which manufacturers can offer medicines to customers based on their preference. Breakthroughs in dietary supplements and advances in production methods have extended their scope indefinitely. The global dietary supplements in the age of personalized medicine market report by Market Research Future (MRFR) focuses on pertinent drivers and challenges for the period of 2023 to 2030 (forecast period).
Market Scope:
The global Dietary Supplements Market Size in the age of personalized nutrition market size is expected to grow at a CAGR of 8.12% during the forecast period. The change in dietary habits of consumers is one of the major drivers of the market. The large geriatric populace with its susceptibility to chronic diseases is expected to be one of the biggest consumer bases for the market. According to the WHO, the elderly population numbers can exceed more than 325.4 billion by 2030. This can cause a huge strain to healthcare expenditure of nations. Dietary supplements can play its role in strengthening the immune system and keeping diseases its bay.
The health-consciousness wave among teens, adults, and other demographics can be lucrative for the market in the coming years. The hectic work schedules of consumers has led to the formulation of supplements in digestible forms. For instance, awareness of weight loss programs have led to customers in India and China has increased the protein intake in this region. Brand campaigns aimed at customers will create awareness among the masses and encourage supplementary intake.
Regional Analysis:
The global dietary supplements in the age of personalized nutrition market covers regions of Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas are predicted to dominate the global market till 2023 owing to high awareness levels among customers. Thorough testing of vitamin levels to comprehend nutrient deficiencies within patients is one of the biggest drivers which can propel the growth of personalized medicine. The focus on cellular health can lead to investment in research and development which can target on specific nutrient levels is expected to further the global dietary supplements in personalized medicine market.
APAC is anticipated to display a CAGR of 7.55% during the forecast period owing to the large healthcare expenditure of nations and the increasing numbers of the geriatric populace. High birth rates and cases of malnutrition can spike the need for dietary supplements till 2023.
Segmentations:
The global Dietary Supplements Market Overview in the age of personalized nutrition market report has segmented its content by product category, application, gender, dosage form and end user.
By product category, it is segmented into herbs & botanicals, vitamins, minerals, sports supplements, meal supplements, and others.
Applications of dietary supplements include genetic predispositions, lifestyle diseases, inherited diseases, and others.
By gender, it is segmented into 2 main categories - female and male. Female and male is further segmented into various age groups, namely, 55 + age group, 35-54 age group, 19-34 age group, and 0-18 age group.
On the basis of the dosage form, it is segmented into tablets, capsules, powder, liquids, soft gels and others.
Major end users are home care, hospitals & clinics, and others.
Competitive Outlook:
Carlyle Group, GlaxoSmithKline plc, Bactolac Pharmaceutical Inc., Pfizer Inc., Glanbia, Archer Daniels Midland, Danisco, Danone Nutricia, Natures Product Inc., Herbalife International, Balchem Corporation, Bayer AG, Abbott Laboratories, Amway (Nutrilite), Nestlé Health Science, and others are key players of the global dietary supplements in the age of personalized medicine market.
Related Reports:
Nachos Market Research Report Information By Type (Fried, Baked, and Others), By Distribution Channel (Store-Based and Non-Store-Based), By Application (Restaurant and Household), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032
Marktinformationen für zuckerfreie Schokolade nach Kategorie (100% zuckerfrei, ohne Zuckerzusatz), nach Hauptzutaten (Kakaobohnen, Zuckerersatz, Kakaobutter, Fett und Öl, Kakaomasse und andere), nach Typ (dunkel, Milch, Weiß), Vertriebskanal (nicht im Geschäft, im Geschäft) und nach Regionen - Prognose bis 2027
クエン酸市場調査レポート：形態（無水および液体）、機能（酸味料、酸化防止剤、防腐剤、香味剤）、用途別情報 [食品および飲料（飲料、ベーカリーおよび菓子、スイート＆セイボリースナック、スープ、ソース、ドレッシング、RTEおよびRTCミール、その他)、医薬品および栄養補助食品、パーソナルケア製品、その他] および地域（北米、ヨーロッパ、アジア太平洋、およびROW）—2030年までの予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
English
French
Spanish
Portuguese
Deutsch
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek
urdu