Stringent Rules and Regulations by Governments to Impact the Liquid Dietary Supplements Market Growth

Posted on 2019-03-25 by Mark Hub in Food & Beverage, Industrial // 0 Comments

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Rockville, USA, 2019-Mar-25 — /EPR Network/ — The report on “Liquid Dietary Supplements Market Forecast, Trend Analysis and Competition Tracking: Global Market Insights 2017-2022” offers detailed information on sales and demand for liquid dietary supplements worldwide. The study includes historical data analysis, present market condition and future insights for a five year period.

According to the “World Population Prospects” report by the United Nations, in 2017 an estimate of more than 962 million people aged 60 years or more was recorded and the number is likely to double by end of 2050.

Rising consumer preference for healthy diet continues to remain instrumental in driving consumption of ingredients with significant health benefits and liquid dietary supplements are no exception. With increasing obesity problem worldwide and growing health awareness, demand for liquid dietary supplements is likely to be on an upswing. Fact.MR foresees that the demand for liquid dietary supplements is projected to expand at a high CAGR of 7.4% in terms of value during the period of forecast, 2017-2022. Sales of liquid dietary supplements are estimated to surpass US$ 40 Bn by end of 2022.

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Favorable government rules and stringent regulations with respect to safety of ingredients in liquid dietary supplements, gaining importance of weight loss, and increasing inclination of consumers towards use of liquid dietary supplements owing to high healthcare costs is expected to auger well for the growth of the liquid dietary supplements market during the forecast period.

Women as consumers of liquid dietary supplements are expected to largely contribute to the growth of the liquid dietary supplements market. According to the report, demand for liquid dietary supplements among women is projected to expand at a significant pace with sales estimated to cross US$ 20 Bn by end of the period of assessment. In addition, Fact.MR envisages that the liquid dietary supplements demand among men is likely to grow at a higher rate during the 2017-2022 timeline.

Vitamins and minerals are expected to gain significant traction in the liquid dietary supplements space owing to increasing demand for these ingredients in prevention of several lifestyle disorders. Botanical supplements are also expected to catch steam with increasing adoption to treat chronic ailments such as cancer. Moreover, originating from plant sources, sales of botanical supplements are estimated to remain on an upswing, on the back of increasing preference for organic consumables.

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Stringent Rules and Regulations by Governments to Impact the Liquid Dietary Supplements Market Growth

As liquid dietary supplements directly impact wellness of consumers, safety of ingredients and supplement products must be ensured. Government organizations such as FDA (Food and Drug Administration) are prohibiting adulterated and unsafe liquid dietary supplements from reaching the target market and endangering consumer health. Food and Drug Administration does not review liquid dietary supplements as it does for new drugs. However, distributors and companies producing liquid dietary supplements have to meet the terms of Dietary Supplement Health and Education Act (DSHEA) and rules set by the Food and Drug Administration.

The report on liquid dietary supplements market includes analysis of various key players operating in the market. The section on competitive landscape includes major product developments carried out by tier companies in the liquid dietary supplements space. For instance, Abbott Laboratories have introduced PROMOD liquid protein liquid dietary supplement that is a concentrated source of proteins and is fatless. Likewise, BASF SE offers oil based liquid dietary supplements (Newtrition), in addition to carotenoids (Lucarotin), and omega-3 (Omega Oil TG Gold).

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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