Nutritional Supplements Market Size, Share, Growth Analysis, Forecast Report 2020-2026

Nutritional Supplements Market

Nutritional Supplements Market Size – By Product Type (Dietary Supplements, Sports Supplements, and Nutritional Supplements), By Distribution Channel (Hypermarkets & Supermarkets, Digital Channels, and Pharmacy Stores), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Food & Beverage Report Format : PDF Pages: 160 Report Code: ZMR-6430 Published Date: Jun-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 301.2 Billion USD 503.8 Billion 6.04%% 2019

Global Nutritional Supplements Market Size Overview

The Global Nutritional Supplements Market Size accrued earnings worth approximately 301.2 USD Billion in 2019 and is predicted to gain revenue of about 503.8 USD Billion by 2026, is set to record a CAGR of nearly 6.04% over the period from 2020 to 2026. The report offers assessment and analysis of the Nutritional Supplements market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue USD Billion.

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Nutritional Supplements Market: Synopsis

Nutritional supplements are utilized for enhancing diet quality. Moreover, it contains minerals, amino acids, vitamins, and herbs. Key nutritional supplements include herbal medicines & homeopathic remedies. Apparently, use of these products is gaining momentum among the persons having chronic low back pain. These nutritional supplements can be procured from retail stores including grocery stores, pharmacies, and health food stores. In addition to this, the products can be obtained from healthcare service providers such as naturopaths, homeopaths, Chinese medicine practitioners, and chiropractors. They are utilized for treating & overcoming nutritional deficiency in human beings.

Nutritional Supplements Market: Growth Drivers

Massive awareness pertaining to health benefits accrued due to intake of nutrional supplements will steer nutritional supplements market growth during forecast timeline. The beneficial features of these products are that they provide health benefits such as reducing early aging & bringing improvement in cardiac health.

Apart from this, high focus among the females pertaining to maintenance of healthy skin, nails, and hair will present new growth opportunities for nutritional supplements industry over forecast timespan. Growing demand for safe beauty solutions will prompt business growth over the forecast period. Nonetheless, rising costs associated with nutritional supplements can retard industry growth.

Nutritional Supplements Market: Report Scope

Report Attributes Report Details
Report Name Nutritional Supplements Market Research Report
Market Size in 2019 USD 301.2 Billion
Market Forecast in 2026 USD 503.8 Billion
Growth Rate CAGR of 6.04%
Number of Pages 150
Key Companies Covered Amway, Glanbia plc, Nestle, Abbot Nutrition, and Herbalife International of America, Inc.
Segments Covered By Product Type, By Distribution Channel, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2017 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Regional Landscape

North America To Dominate Overall Market Growth During 2020-2026

The growth of nutritional supplements industry in North America over assessment period can be credited to rise in the intake of the products in the countries such as Canada and the U.S. Apart from this, growing awareness about health benefits derived from product consumption will further drive regional market trends.

Moreover, presence of giant manufacturers in the region will contribute explicitly towards regional market size. Firms are trying to expand their customer base in the region and this will proliferate regional market earnings in the near future.

Competitive Landscape

Some of the leading players in the global market include

  • Amway
  • Glanbia plc
  • Nestle
  • Abbot Nutrition
  • Herbalife International of America Inc.

The global Nutritional Supplements Market is segmented as follows:

By Product Type

By Distribution Channel

  • Hypermarkets & Supermarkets
  • Digital Channels
  • Pharmacy Stores

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

High awareness pertaining to health benefits accrued due to intake of nutrional supplements will steer nutritional supplements market growth during forecast timeline. The beneficial features of these products are that they provide health benefits such as reducing early aging & bringing improvement in cardiac health. Apart from this, high focus among the females pertaining to maintenance of healthy skin, nails, and hair will present new growth opportunities for nutritional supplements industry over forecast timespan. Growing demand for safe beauty solutions will prompt business growth over the forecast period.

According to Zion market research report, the global Nutritional Supplements market accrued earnings worth approximately 301.2(USD Billion) in 2019 and is predicted to gain revenue of about 503.8 (USD Billion) by 2026, is set to record a CAGR of nearly 6.04% over the period from 2020 to 2026.

North America will contribute lucratively towards the global market size over the estimated timespan. The regional market surge is due to rise in the intake of the products in the countries such as Canada and the U.S. Apart from this, growing awareness about health benefits derived from product consumption will further drive regional market trends. Moreover, presence of giant manufacturers in the region will contribute explicitly towards regional market size. Firms are trying to expand their customer base in the region and this will proliferate regional market earnings in the near future.

The key market participants include Amway, Glanbia plc, Nestle, Abbot Nutrition, and Herbalife International of America, Inc.

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