Medical - - Jul 04,2017
It has been estimated, the global dietary supplements market would move forward to expand at a steady CAGR of 7.4% between 2015 and 2025.
The dietary supplements market is expected to grow at a rapid pace due to the positive effects of rising consumer awareness regarding a complete diet for healthy living. Moreover, factors such as medical conditions or doctor recommendations, changing lifestyles, rising urbanization, as well as disease prevention are some of the driving factors for the advancement of the dietary supplements market.
As per a recent research report published by Market Research Reports Search Engine (MRRSE), the global dietary supplements market is likely to expand at a steady CAGR of 7.4% between 2015 and 2025. If the pace is successfully maintained, the market would soon acquire a valuation of US$ 252,100 million by the end of the stated forecast period.
It has been analyzed that, companies operating in the market concerned with dietary supplements are more focused on penetrating potential and untapped markets in various regions. Further, these players are also laying emphasis on introducing a new range of dietary supplements products for a variety of applications so as to enhance their market presence. In the current day scenario, the applications of dietary supplements are linked to weight loss, sports nutrition snacks, immune and digestive health, general well-being, bone and joint health and heart health.
As per the geographical divergence, the top regions linked to the production of dietary supplements include Latin America, North America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan and the Middle East & Africa. Furthermore, these regions possess the prime companies such as Abbott Laboratories, DuPont, Amway (Nutrilite), NBTY Inc., Glanbia Plc., Royal DSM N.V., Bayer AG, Herbalife International, GlaxoSmithKline plc and BASF, which are favoring the growth of this particular market.
For more information on this report visit- http://www.mrrse.com/dietary-supplements-market