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Vitamins and Supplements Market Future Worldwide Growth 2030
Vitamins and Supplements Market Future Worldwide Growth 2030
Shift in consumer preferences due to increasing focus on health and prevention and rising prevalence of chronic diseases are some of the key factors driving market revenue growth

The latest market intelligence report, titled ‘Global Vitamins and Supplements Market’, is intended to provide the target audience with the necessary information about the global Vitamins and Supplements Market industry. The report comprises a detailed analysis of the vital elements of the Vitamins and Supplements Market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Vitamins and Supplements Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.

The vitamins and supplements market size reached USD 108.4 Billion in 2021 and is expected to register a 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.

In addition, increasing awareness among consumers regarding their health is another factor driving revenue growth of the market. Different types of products are increasingly being used for vitamins and supplements. Food and nutrition sectors have evolved to provide customers with a more tailored experience and make up for dietary loss through supplemental nutrition. In addition, rising prevalence of chronic diseases is another factor increasing demand for vitamins and supplements. The World Health Organization estimates that in 2021, prevalence of chronic diseases was around 57%. This indicates that over 50% of people worldwide have a chronic illness, with cancer, diabetes, and disorders of heart and lungs being the most prevalent. Every day, a range of vitamins, minerals, and nutrients are required to maintain good health and, more significantly, a strong immune system that fights off chronic diseases. For instance, vitamin D is frequently suggested for prevention of bacterial and viral illnesses since it is thought to strengthen people's immune systems. Vitamin D may also reduce chronic inflammation brought on by Non Communicable Diseases (NCDs) such as diabetes and obesity.  

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Competitive Outlook:

The leading companies operating in the Vitamins and Supplements market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Companies profiled in the global Vitamins and Supplements market:

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.

The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Vitamins and Supplements industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

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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

The Global Vitamins and Supplements Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Vitamins and Supplements market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.

Regional Analysis Covers:

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)

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Key Points Covered in This Section:

Regional contribution

Estimated revenue generation

Vital data and information about the consumption rate in all the leading regional segments

An expected rise in market share

Forecast growth in the overall consumption rate

Key Questions Addressed in the Report:

Who are the leading players in the Vitamins and Supplements industry?

Which region is expected to dominate the market in the coming years?

What are the key applications of Vitamins and Supplements?

Which segment is expected to garner traction during the coming years?

What are the key strategies adopted by leading players in the market?

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