The latest research report by Emergen Research, named ‘Global Vitamins and Supplements Market – Forecast to 2030 ’, entails a comprehensive review of the global Vitamins and Supplements Market This comprehensive study provides various aspects of business such as important definition, end use and total revenue generated across various regions. Besides this, researchers behind this study put in vigilant and persistent effort to keep a proximate attention on top performer of Vitamins and Supplements Market industry. Import and export, demand and supply, gross margin, supply chain management and distribution channel are the other aspects examined during the research.
revenue CAGR of 6.9% during the forecast period, according to latest analysis by Emergen Research. Shift in consumer preferences due to increasing focus on health and prevention and rising prevalence of chronic diseases are some key factors projected to support market revenue growth between 2022 and 2030.
The vitamins and supplements market is experiencing robust growth worldwide, driven by increasing consumer awareness of health and wellness, rising disposable incomes, and growing concerns about nutritional deficiencies. Vitamins and supplements play a crucial role in supporting overall health and well-being by providing essential nutrients that may be lacking in diet or required in higher quantities due to specific health conditions or lifestyles. As consumers prioritize preventive healthcare and seek natural solutions to health concerns, the demand for vitamins and supplements continues to rise.
Drivers of Vitamins and Supplements Market
Several factors are driving the growth of the vitamins and supplements market. One significant driver is the aging population, as older adults seek supplements to support healthy aging, maintain cognitive function, and manage chronic health conditions. Additionally, changing dietary patterns and lifestyles, including increased consumption of processed foods, sedentary lifestyles, and high-stress levels, have led to an increased prevalence of nutrient deficiencies and chronic diseases, driving demand for supplements to fill nutritional gaps and support overall health.
Major Companies and Competitive Landscape
The Vitamins and Supplements Market is fairly consolidated with a few small and medium-sized market players accounting for majority of revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective in the market. Some major players included in the market report are:
Herbalife International of America, Inc., Archer-Daniels Midland Company, Amway Corporation, Pfizer, Inc., Abbott, Nestle S.A., Nutrition and Biosciences (DuPont de Nemours, Inc.), Bayer AG, Glanbia PLC, and Arkopharma.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/vitamins-and-supplements-market
Key inclusions of the Vitamins and Supplements Market report:
COVID-19 effects on growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
Covid impact analysis:
The study on the Global Vitamins and Supplements Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Vitamins and Supplements Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Vitamins and Supplements Market industry. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties The Vitamins and Supplements Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic.
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Vitamins and Supplements Market Segment Analysis
Emergen Research has segmented the vitamins and supplements based on ingredient, form, application, end-users, type, distribution channel, and region:
· Ingredient Outlook (Revenue, USD Billion, 2019 – 2030)
- Vitamins
- Supplements
· Form Outlook (Revenue, USD Billion, 2019 – 2030)
- Tablets
- Capsules
- Soft Gels
- Powders
- Gummies
- Liquids
· Application Outlook (Revenue, USD Billion, 2019 – 2030)
- Immunity
- Brain/Mental Health
- Bone & Joint Health
- Menopause
- Metabolic Health
- Beauty Care
- Digestive & Microbiome Health
- Others
· End-Users Outlook (Revenue, USD Billion, 2019 – 2030)
- Adults
- Geriatric
- Pregnant Women
- Children
- Infants
· Type Outlook (Revenue, USD Billion, 2019 – 2030)
- OTC
- Prescribed
· Distribution Channel Outlook (Revenue, USD Billion, 2019 – 2030)
- Offline
- Online
Regional Analysis of the Vitamins and Supplements Market :
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Vitamins and Supplements Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Strategic recommendations to help readers formulate lucrative business strategies
- Identification of the emerging players and their tactical approaches to expand market presence
- An extensive study of the product portfolios of the major market players and their regional presence
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Vitamins and Supplements Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
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About Emergen Research
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