Escalating Demand for OTC Vitamins & Dietary Supplements Influences Market Growth during 2017-2022

Rockville, USA, 2019-Jan-22 — /EPR Network/ — As per the latest report published by Fact.MR, the global OTC vitamins and dietary supplements market is poised to increase at a CAGR of 6.7% between 2017 and 2022. A positive outlook on the role of OTC vitamin and dietary supplement products in improving body endurance and muscular strength is characterizing the widespread acceptance of such products.

On the basis of functions, OTC and dietary supplements are being used majorly for maintaining general well-being of the body. The general well-being segment accounts for a large percentage of the overall market revenue.

The global OTC vitamins and dietary supplements market remains highly competitive with several leading companies partaking in it, which include BASF SE, DuPont, Koninklijke DSM N.Vvitamins ., Archer Daniels Midland Company.

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The Fact.MR study provides comprehensive information about growth prospects of the OTC Vitamins & dietary Supplements Market. The report covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe.  We calculated the market size and revenue share on the basis of revenue generated from major players across the globe. Moreover, the competitive analysis includes the in-depth analysis of the major players and leaders OTC Vitamins & Dietary Supplements Market. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others. Our primary research team conducted various interviews, surveys and group discussions of industry professionals.

The OTC Vitamins & Dietary Supplements Market is segmented as follows:

  • Function
  • OTC Channel
  • Product Form

 

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OTC Vitamins & Dietary Supplements Market – Regional Overview & Competitive Backdrop A comprehensive section on the regional analysis of global OTC Vitamins & Dietary Supplements Market is included in the report. North America, Europe, Japan, Asia-Pacific excluding Japan (APEJ), Latin America, and Middle East & Africa are key regions into which the expansion of global OTC Vitamins & Dietary Supplements Market is studied.

Geographically, North America’s Leadership in Global OTC Vitamins and Dietary Supplement Market to Remain Unchallenged

 The market for OTC vitamins and dietary supplements in North America is expected to remain highly lucrative during the forecast period. Currently, the region accounts for the largest share of the global market in terms of value. This is primarily owing to soaring demand for OTC drugs particularly in the U.S. Meanwhile, the market in Asia Pacific excluding Japan (APEJ) is also expected to witness an impressive growth over the forecast period (2017-2022). By 2017-end, Europe is estimated to account for more than 31% revenue share of the global market.

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Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

 

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Global-OTC Vitamins & Dietary Supplements Market report has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models.

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