Dietary Supplement Market - Current Scenario and Forecast (2020-2026)

Emphasis on Product Type (Vitamin Supplement, Mineral Supplement, Botanical Supplement, Fatty Acid Supplement, Proteins & Amino Acids, Others), Form (Tablets, Capsules, Powders, Liquids, Other Forms)
DELHI, India - April 15, 2020 - PRLog -- The global Dietary Supplement market is projected to gain market revenue of US$ 262.57 billion by 2026, growing at a CAGR of 5.4% during the forecast period 2020-2026. The dietary supplement is described as a broad and diverse category of products that a person consumes to support good health and supplement the diet.  Dietary supplements are neither medicines nor a substitute for food. However, some supplements are useful in reducing the risk of certain diseases and are authorized to make label claims about these uses. For example, folic acid supplements may make a claim about reducing the risk of birth defects of the brain and spinal cord. Dietary ingredients are broadly categorized into vitamin, mineral, herb or other botanical, amino acid and concentrate, metabolite, constituent, or extract. The Dietary Supplement market is driven by numerous factors such as escalating demand of dietary supplements among the geriatric population, rising disposable income, increasing awareness regarding the functional benefits of dietary supplements, improving health standards and increasing health expenditure paired with a rise in the number of fitness centers and gymnasiums. Proliferating demand for personalized supplement solutions, increasing consciousness of people regarding health will further escalate the market growth. However, stringent government regulations, negative publicity and false promises by the players will hamper the market growth.

For Regional/country-level analysis of the overall sales of dietary supplement products browse through

UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients. The Global Dietary Supplement Market can be customized to the country level or any other market segment.

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UnivDatos Market Insights (UMI)
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