Dandelion Supplement: Market outlook
Oncethought as an ancient remedy and traditional medicine, the herbal medicineshave now emerged as a potential health supplement, and as complementary andalternative medicine in the modern-day world. Increasing consumer inclinationtowards the maintenance of a healthy lifestyle through a nutritious diet andphysical activities, coupled with an influx of integrative medicine, andcomplementary and alternative medicine is the major trend in the herbalsupplements market. The fuelling herbal supplement demand is giving rise todandelion supplement over the forecast period. Dandelion is an herb,whose roots and stems are used to formulate herbal dietary supplements.Dandelion supplements are used to aid digestion and stimulate appetite in theconsumers, besides, dandelion supplements are used in the treatment for upsetstomach, gallstones, muscle aches, joint pains, bruises, and eczema. Thedandelion supplement is used as a purgative to increase bowel movement in thebody and is also used to increase the frequency of urination. Furthermore,dandelion supplement is used as a blood tonic, skin toner, and digestive tonic,making it a popular health supplement among the consumers.
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Cashing in on the Booming Market forHerbal Supplements, to Provide Growth Opportunity for Dandelion Supplement
Increasingtrends for preventive healthcare and aging baby boomers demographics isanticipated to drive the growth for dandelion supplement over the forecastperiod. Today’s consumers are becoming more and more aware of the necessity ofpreventive healthcare in day to day lives. The consumers have started spendingmore on pharmaceuticals and nutraceuticals to prevent the onset of health riskand diseases. According to a survey conducted by the Council for ResponsibleNutrition (CRN) in 2014, around 68% of adults in the U.S. consumed dietarysupplements; of these, approximately 50% were regular users. About 83% ofadults in the U.S. communicated overall confidence in the effectiveness,safety, and quality of dietary supplements. Increasing healthcare expenditureby consumers is pushing them to opt for herbal supplements like the dandelionsupplement, which tend to benefit health and prevent health adversities in theconsumers. Hence, increasing consumer consciousness concerning health isexpected to be primarily growth driver for dandelionsupplement market. Besides, there is a sudden rise in self-directedconsumers who are increasingly relying on different channels to self-diagnoseand self-treat health problems before even consulting doctors. This is againboosting the sales of dandelion supplement that is potential in treatingindigestion and related symptoms in the body. Also, with the growth of onlineretailing and development of retail channels and pharmacies, consumers now havegreater accessibility towards a wide band of herbal and dietary supplementswhich is providing strong market opportunity for the dandelion supplementmanufacturers.
Dandelion Supplement: Key Players
Some thekey players operating their business in the global dandelion supplement marketare Alfabel Natural Solution, Nature's Way, Nutra Green Biotechnology Co.,Ltd.,Now Health Group, Inc., Doctor Sport LLC, Liberty Natural Products, Inc., andNatural Factors Inc., among others.
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Opportunities for DandelionSupplement Market Participants:
Theincreasing consumer preference for herbal supplement and growing trend forpreventive healthcare in North America and Europe are expected to boost thedemand for dandelion supplements in these regions. Besides, increasingproduction of dandelion in these regions further strengthening the market forthe dandelion supplement in these regions. However, Asia Pacific is anticipatedto have maximum growth opportunity for dandelion supplements owing toincreasing consumer awareness regarding health and wellness, the growingpurchasing power of the buyers, and robust growth of E-commerce channels in theregion. Substantial growth opportunity is anticipated to remain for dandelionsupplements market amongst increasing consumer interest in health andretailers’ efforts to spot themselves as a one-stop destination for health andwellness. The manufactures for dandelion supplement are expected to adhere tothe regulatory shifts and adjust accordingly to avoid consumer recoil or supplychain interruption due to product quality concerns. However, the expansion ofthe herbal supplement space throughout the forecast years, provide growthopportunity for manufacturers and retailers for the dandelion supplement tocapitalize on a robust growth sector.
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