Global General Well-Being Dietary Supplements Market Outlook and Forecasted Analysis Through 2026

Posted on 2018-06-26 by Mark Hub in Food & Beverage // 0 Comments

Albany, USA, 2018-Jun-26 — /EPR Network/ —A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Global Market Study on General Well-Being Dietary Supplements: Vitamins and Minerals to Remain Largest Segment by Type During 2017 – 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report anticipates that General Well-Being Dietary Supplements Market would rise at a positive CAGR during the period 2017-2026.

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As per the current trends, consumers are becoming more health conscious and are focusing on preventive healthcare that keeps them in a good shape. In addition, due to the growing prevalence of chronic diseases such as diabetes, high blood pressure and obesity, consumers across the world are becoming wary and want to avoid such health complications by staying healthy. In order to stay fit and healthy, consumers are resorting to consuming various dietary supplements that help them maintain good health. Also, consumers are frequenting various gyms, diet centers and fitness centers that promote the consumption of such dietary supplements. Dietary supplements are becoming increasingly popular in the global market. To cash in on this trend, various companies have introduced a variety of dietary supplements in the market and consumers have a wide choice in choosing the type of supplements they wish to consume. Also, with rising disposable income and a growing awareness about health, consumers are spending on such dietary supplements in order to keep themselves fit and healthy.

To explore the market of dietary supplements in greater detail, Persistence Market Research has come up with a detailed and informative report that covers all the aspects related to the global general well-being dietary supplements market. These aspects are covered across all the major regional markets spread all over the world. This report also presents the historical analysis of the global general well-being dietary supplements market for the time period 2012 to 2016. In addition, the projections of this report are for the time period starting from the year 2017 and lasting till the year 2026. As per these market projections, the global general well-being dietary supplements market is projected to display a robust CAGR. According to the data presented by Persistence Market Research, the global general well-being dietary supplements market was estimated to be valued at nearly US$ 36,250 Mn in the year 2017 and is anticipated to reach a value of nearly US$ 56,900 Mn by the end of the year 2026.

Vitamins and minerals sub-segment is likely to dominate the dietary supplements type category in the global general well-being dietary supplements market

The vitamins and minerals sub-segment in the type category of the global general well-being dietary supplements market is expected to display a moderate CAGR of 4.5% during the forecast period. This is the most lucrative sub-segment in the type category. As per the assessment of Persistence Market Research, the vitamins and minerals sub-segment was estimated to be valued at just under US$ 15,170 Mn at the end of the year 2017 and is expected to reach a value of nearly US$ 22,550 Mn by the end of the assessment period in the year 2026.

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Botanical supplements is expected to be the second largest segment by value in the dietary supplements type category of the global general well-being dietary supplements market

The botanical supplements sub-segment is the second largest segment by value in the type category, and is expected to display a CAGR of 5.7% during the period of forecast. The botanical supplements sub-segment was estimated to be valued at nearly US$ 9,950 Mn in the year 2017 and is poised to reach a value of nearly US$ 16,350 Mn by the end of the period of forecast in the year 2026.

Research Methodology

Overall market size has been analyzed through historical data, primary responses, and public domain data. Revenue of companies in the general well-being dietary supplements market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global general well-being dietary supplements market.

Competition Landscape

The report on the global general well-being dietary supplements market displays information about the important companies functioning in this market such as Koninklijke DSM N.V., Glanbia PLC, Bayer AG, Kerry Group PLC, DuPont de Nemours and Company, Alticor Inc., USANA Health Sciences, Inc., Nutramax Laboratories, Inc., Herbalife International and NOW Health Group, Inc.

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