Dietary Supplements Market Global Analysis, Demand, Revenue, Statistics and Trend Analysis Research Report by 2019 - 2027
A dietary supplement is a concentrated supply of important nutrients that is taken from food or produced chemically. Dietary supplements are used to meet the nutritional needs of the human body and are typically taken in the form of a pill, capsule, tablet, or liquid. Depending on the needs of the consumer's body, a supplement can give nourishment alone or in combination. Vitamins, minerals, herbs, enzymes, amino acids, and other substances abound in dietary supplements. The major purpose of supplement consumption is to address nutritional gaps in the body in order to avoid diseases and other lifestyle-related issues.
The key driver of the Indian Dietary Supplement Market is customers' growing awareness of their health. Changes in eating habits, a lack of physical exercise, and a rise in sedentary lifestyles have all contributed to an increase in the occurrence of lifestyle diseases such as diabetes, high blood pressure, obesity, cardiovascular difficulties, and so on. Furthermore, increased knowledge has increased customer awareness of their dietary needs. Because consumers are unable to meet their nutritional needs through their usual diets, they are increasingly recognising the value of nutritional supplements to fill in the gaps. Other reasons boosting this industry include increased disposable incomes, healthcare infrastructure upgrades, and improved distribution networks, among others.
Market Segmentation;
by Product Type
- Vitamin and Mineral Dietary Supplements
- Herbal Dietary Supplements
- Protein Dietary Supplements
- Others
- Tablets
- Capsules
- Powders
- Liquids
- Soft Gels
- Gel Caps
- Pharmacies and Drug Stores
- Supermarkets and Hypermarkets
- Online Channels
- Others
Dietary supplements' adverse effects and hazards, as well as the fact that they are self-prescribed and contain a lot of incorrect information, are projected to stymie the market's growth. People looking for weight loss supplements, for example, may experience liver issues. As a result, dietary supplements have additional side effects as well, and this aspect is projected to limit dietary supplement market growth.
The key players operating in the dietary supplements market are Abbott Laboratories, Amway (Nutrilite), DuPont, NBTY Inc., Royal DSM N.V., Glanbia Plc., Bayer AG, GlaxoSmithKline PLC., Herbalife International, and BASF SE.
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