The ingredients that are found in dietary supplements have been used by people for thousands of years. Dietary supplements have been used for maintaining well-being and treating common illnesses, such as cold and fever. Vitamins, minerals, botanicals, and omega-3 fatty acids are some of the common ingredients in dietary supplements. Dietary supplements are commercially sold in the form of tablets, drinks, energy bars, capsules, etc.
A Primer on Dietary Supplements
Although dietary supplements help ensure that a person gets an adequate intake of essential nutrients, they are not a substitute for food or medicine. Dietary supplements manufacturers cannot claim that their product “treats” or “cures” a particular disease.
Scientific evidence has shown that some dietary supplements provide holistic benefits for health; however, further study and research is required to gauge the effectiveness of a number of supplements. Regulatory bodies around the world keep a close eye on the dietary supplements to ensure that public health is not compromised. However, it is still important for everyone to make informed decisions while choosing dietary supplements.
Outlook on the Global Dietary Supplements Market
The global dietary supplements market is projected to witness a 5.3% CAGR through 2020 and reach a valuation of US$ 84.8 Bn. Consumer awareness about healthy living and increasing disposable incomes are anticipated to be the key factors for the growth of the global dietary supplements market.
Market Segmentation of the Global Dietary Supplements Market
The global dietary supplements market is segmented on the basis of region, application, and product.
The sub-segments of the product segment include:
The vitamin sub-segment is anticipated to account for the largest revenue share of 38% by the end of 2020. Furthermore, the fish oils/omega 3-6-9 sub-segment is also projected to witness a robust CAGR of 13.2% through 2020. It is projected that the fish oil/omega 3-6-9 sub-segment will account for over 15% of the total revenue of the global dietary supplements market by 2020.
On the basis of key applications, the global dietary supplements market is segmented into:
The above-mentioned segments can be broadly categorised into - supplements for enhancing health and supplements for increasing energy. Among these, the supplements category for enhancing energy levels is forecasted to witness a CAGR of 13.3%.
Key Regions for the Global Dietary Supplements Market
The key regions for the global dietary supplements market are North America, Europe, and Asia Pacific. It is anticipated that the growth of the global dietary supplements market will be particularly stellar in Asia Pacific, and the region will have the largest revenue share of 44% by 2020.
Key Players in the Global Dietary Supplements Market
The key players in the global dietary supplements market are DANONE, Glanbia Plc, Atrium Innovations, and Nature’s Bounty, Inc
Browse full Report of Global Dietary Supplements Market: http://www.futuremarketinsights.com/reports/details/dietary-supplements-market
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