Home Supplements Global Dietary Supplements Market | Increasing Awareness of Preventative Healthcare to Boost Growth

Global Dietary Supplements Market | Increasing Awareness of Preventative Healthcare to Boost Growth

7 min read
0
4





LONDON–(BUSINESS WIRE)–Jun 2, 2018– analysts forecast the global dietary supplements market to post a CAGR of close to 7% during the period 2018-2022, according to their latest market research report.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180602005062/en/

Technavio has published a new market research report on the global dietary supplements market from 2018-2022. (Graphic: Business Wire)

The increase in the number of strategic alliances and M&As in the is a key trend, which is expected to impact the growth of the market. Many companies in the industry are focusing on expanding into the complete health foods business instead of solely focusing on dietary supplements. This is a trend that is expected to gain traction over the forecast period, leading to strategic alliances and merger activities.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio researchers identify the rising awareness of preventative healthcare as one of the key factors contributing to the growth of the global dietary supplements market:

Global dietary supplements market: Rising awareness of preventative healthcare

One of the primary factors driving the demand for dietary supplements is the increase in consumer awareness of the availability and importance of preventative medicine and healthcare across the globe. Owing to the rising penetration of the internet and manufacturers? efforts to raise awareness of their products, a growing number of consumers have started focusing on their nutritional requirements. Consumption of dietary supplements can help lower healthcare expenditure in the long run as they help to improve immunity.

According to a senior analyst at Technavio for food research , ?Manufacturers of dietary supplements are leveraging this consumer behavior by providing detailed information about their products and related medical conditions. In addition, health insurance agencies are also encouraging consumers to take dietary supplements by increasing their co-pay allowances and providing better incentives for taking up preventative healthcare initiatives. ?

Global dietary supplements market: Segmentation analysis

This market research report segments the global dietary supplements market by product (vitamins combination, fatty acids, probiotics, and others) and key regions (the Americas, APAC, and EMEA).

The vitamins segment dominated the market in 2017, with a market share of more than 54%. The fatty acids segment is expected to witness the maximum increase in its share of the market, while the combination and fatty acids segments will witness a substantial decrease in their market shares during the forecast period.

The APAC region dominated the market in 2017, with a market share of close to 43% and the region is expected to witness a further increase of over 2% in its market share over the forecast period, while the other two regions namely the Americas and EMEA will see a decline in their market shares by 2022.

Looking for more information on this market?

Technavio?s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio?s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio?s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180602005062/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL OTHER TECHNOLOGY RETAIL FOOD/BEVERAGE OTHER RETAIL

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 06/02/2018 10:44 AM/DISC: 06/02/2018 10:44 AM

http://www.businesswire.com/news/home/20180602005062/en

Let’s block ads! (Why?)


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Model reveals a VERY surprising secret behind her enviable body

CEN MODEL BEHAVIOUR: Veneta Harizanova opened up about her diet It’s often a mystery…