Dietary Supplements in the Age of Personalized Nutrition Market Information: Product Category (Vitamins, Herbs & Botanicals, Others), Application (Lifestyle Diseases, Inherited Disease and Others), Gender, Dosage Form (Tablets, Capsules, Others) and End-User – Global Forecast Till 2023
Market Synopsis:
The global market for dietary supplements is capitalizing on the fitness revolution where more people are embracing a healthy way of life. The Google trends show surge in health related queries in countries which were not much focused towards healthcare before. People are opting for dietary supplements to meet the deficiency of nutrients in their food. Factors such as rise in disposable income, standardization of lifestyle, increased investments by market operators, changing healthcare habits, rising population, increased awareness etc. are key drivers of the growth of the market. Other major factors that are leading to multiplied value of market are assurance of meeting the everyday nutritional requirements of consumers, prevalence of diseases such as, blood pressure, malnutrition, obesity, etc. The rising costs of medical treatments are pushing the consumers to spend towards preventive healthcare. Consumers choose dietary supplements to stay fit and healthy so that they can avoid expensive medical treatments that would have been required otherwise.
Reports on aging population suggests that the number of people over 60 years will be double by 2050. This is one of the key drives of the dietary supplements market growth as these supplements are elixirs of extended longevity for the senile population that forms a major part of the customer base. The development of nutraceuticals and pharmaceuticals sectors has further expedited the adoption of dietary supplement products.
Factors that might hamper the growth of global dietary supplements market are insufficient knowledge about dosages, side effects of some products, false claims by organizations, etc.
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Increasing incidence of diseases due to sedentary lifestyle and a lack of balanced diet has majorly influenced the growth of the market. According to the World Health Organization (WHO), in 2015, over 17.7 million people died from cardiovascular diseases, representing 31% of all global deaths. According to the same study, it was found that 82% of the total deaths occurred in the low and middle-income countries. [FURL=https://www.marketresearchfuture.com/reports/global-dietary-supplements-market-5703/]Dietary supplements in the age of personalized nutrition market[/FURL] plays an important role in the treatment of various lifestyle diseases such as atherosclerosis, cardiovascular disease, stroke; obesity and type 2 diabetes due to which there has been an increasing demand for dietary supplements in the age of personalized nutrition. Changing the dietary approaches and switching to therapeutic lifestyle prove effective in the prevention of hypertension and other cardiovascular disorders. Furthermore, many organizations such as the America Heart Association and the National Heart, Lung and Blood Institute have come up with strategic diets to minimize the risks for cardiovascular and other lifestyle related diseases.
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Some of the key players in this market are Nestlé Health Science, Danone Nutricia, Carlyle Group, Amway (Nutrilite), Archer Daniels Midland, Abbott Laboratories, Herbalife International, Amway, Danisco, Glanbia, Bayer AG, GlaxoSmithKline plc, Pfizer Inc., Balchem Corporation, Natures Product Inc., Bactolac Pharmaceutical Inc. and others.
List of Tables
TABLE 1 PRIMARY INTERVIEWS 25
TABLE 2 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, BY PRODUCT CATEGORY 2014-2023 (USD MILLION) 46
TABLE 3 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR VITAMINS, BY REGION 2014-2023 (USD MILLION) 46
TABLE 4 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR HERBS & BOTANICALS, BY REGION 2014-2023 (USD MILLION) 46
TABLE 5 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR SPORTS SUPPLEMENTS, BY REGION 2014-2023 (USD MILLION) 47
TABLE 6 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR MEAL SUPPLEMENTS, BY REGION 2014-2023 (USD MILLION) 47
TABLE 7 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR MINERALS, BY REGION 2014-2023 (USD MILLION) 47
TABLE 8 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, BY APPLICATION 2014-2023 (USD MILLION) 49
TABLE 9 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR LIFESTYLE DISEASES, BY REGION 2014-2023 (USD MILLION) 50
TABLE 10 GLOBAL DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION, FOR INHERITED DISEASES, BY REGION 2014-2023 (USD MILLION) 50
You Can also read Here !! https://www.medgadget.com/2020/08/dietary-supplements-in-the-age-of-personalized-nutrition-market-to-earn-a-6-90-cagr-in-the-near-future-mrfr.html
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