Global Dietary Supplement Market
Dietary Supplement Market Size And Forecast
According to Verified Market Research, the Dietary Supplement Market was valued at USD 109.31 Billion in 2018 and is projected to reach USD 195.34 Billion by 2026, growing at a CAGR of 7.49% from 2019 to 2026.
Global Dietary Supplement Market Outlook
The dietary supplement market is majorly boosted by the growing economies where consumers have high disposable income, growing awareness about health and nutrition, stressful lifestyle, increasing population and growing number of people having chronic diseases. Furthermore, increasing costs of healthcare, growing demand in new supplements, and new product launches by key players are further expected to boost the market growth. For instance, in March 2019, Herbalife Nutrition Ltd. launched Formula 1 Select Meal Replacement shake and Protein Drink Mix Select, which are plant-based nutrition mixes. On the other hand, the stringent regulatory policies for dietary supplements in a few end-use industries might hamper the growth of the market.
Global Dietary Supplement Market Competitive Landscape
The Global Dietary Supplement Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Pfizer Inc., Amway (Nutrilite), Bayer AG, Abbott Laboratories, GlaxoSmithKline, Arkopharma Laboratoires Pharmaceutiques, Glanbia, Carlyle Group, Archer Daniels Midland, and Herbalife International.
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