Nutritional Supplements Market Size, Share, Growth Report 2030

Global Nutritional Supplements Market Size Overview

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. 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).

Report Scope ;

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.

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.

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Competitive Landscape

Key participants profiled in the study are Amway, Glanbia plc, Nestle, Abbot Nutrition, and Herbalife International of America, Inc.

The global Nutritional Supplements Market is segmented as follows:

By Product Type

• Dietary Supplements
• Sports Supplements
• Nutritional Supplements

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