31-Aug-2021 | Zion Market Research
Global Food Supplement Ingredients Market: Overview
In terms of revenue, the global Food Supplement Ingredients Market accounted for USD 898 Million in 2020 and is expected to reach USD 1,579 Million by 2028, growing at a CAGR of 7. 3 from 2021 to 2028.
Food supplements ingredients comprise of various vitamins form including vitamin A, B12, C and D which are necessary to maintain overall health. Increasing obesity rates in various countries may boost the consumption of these products. Food Supplements ingredients comprise of various vitamins form including vitamin A, B12, C and D which are necessary to maintain overall health. Increasing obesity rates in various countries may boost the consumption of these products.
Global Food Supplement Ingredients Market: Growth Factors
Growing awareness regarding consumption of natural food products which contains various vitamins, minerals and lowers risk of cholesterol may drive the market growth in the foreseeable future. The rising prevalence of chronic diseases such as cardiovascular problems, diabetes and arthritis may further drive business spaces. Increasing muscle building trend and rising interests in athletics activities are projected to fuel food supplement ingredients market demand during the assessment period.
Food supplement ingredients such as vitamins, amino acid, omega-3, iron, and folic acid are required to maintain body physique further enhancing overall health. Furthermore, the increasing importance of these products owing to continuous marketing and advertisement by companies including Herbalife nutrition, Kemin health, and Amway may boost overall industry growth.
In addition to this, increasing application for sports-related supplements and maintaining healthy bones & joints may drive the food supplement ingredients industry growth in the near future. Rising alertness towards cardiovascular diseases owing to change in diet patterns & lifestyle may boost importance for food supplement ingredients.
Global Food Supplement Ingredients Market: Segmentation
The global food supplement ingredients market can be classified into product type, form, and end-use. Based on the product type, the food supplement ingredients market is sectored into vitamins, amino acid, omega-3, probiotics, folic acid, oxalic acid, iron, collagen peptides, and magnesium. On the basis of form, the food supplement ingredients market is sectored into powder, gel, liquid, capsules, and tablets. Based on the end-user, the market is classified into an infant, old-age, children, pregnant women, and adults.
Global Food Supplement Ingredients Market: Regional Analysis
Based on regions, the global food supplement ingredients market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
North America is likely to dominate the food supplement ingredients market growth in the coming years. Owing to the Increasing cardiovascular diseases in this region, and to shift in food intake patterns may drive the consumption of these supplements. These products helps in lowering triglyceride levels which may prevent heart diseases such as coronary heart diseases, thereby stimulating the product demand in the region. Europe food supplement ingredients market is likely to register profitable growth in near future over the forecast period, owing to the rising pervasiveness of disorders including obesity, diabetes, and high blood pressure leading to increase in the demand for these nutritional supplements.
Asia Pacific food supplement ingredients market is likely to grow at fastest CAGR of XX% over the forecast timeframe. Also, the increasing health awareness in this region regarding the benefits of these products and wide product availability may boost the food supplement ingredients market growth in the region in near future and over the forecast period. Increasing attentiveness towards personal healthcare and consumption of vitamin products may drive the regional food supplement ingredients market growth over the forecast timeframe.
Global Food Supplement Ingredients Market: Competitive Players
Some of the key players in food supplement ingredients market are Amway, Capsugel, DSM, Merk CH, and Kemin Health.
Browse the full “Global Food Supplement Ingredients Market: By Product Type (Vitamins, Amino Acid, Omega-3, Probiotics, Folic Acid, Oxalic Acid, Iron, Collagen Peptides, And Magnesium), By Form (Powder, Gel, Liquid, Capsules, And Tablets), By End-User (Infant, Old-Age, Children, Pregnant Women, And Adults), Global Industry Perspective, Comprehensive Analysis And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/food-supplement-ingredients-market
Global Food Supplement Ingredients Market: Regional Segment Analysis
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