Powder Dietary Supplements Market: Government Authorities in Developing Regions Pushing the Demand

Rockville, USA, 2019-Mar-25 — /EPR Network/ —Powder dietary supplements are likely to witness high traction on the back of increasing focus on healthy aging coupled with growing awareness regarding adequate nutrition. The powder dietary supplements market continues to witness momentous growth, largely influenced by various macroeconomic factors including but not limited to rising purchasing power parity, economic growth and growing lifestyle disorders. Fact.MR reveals that the sales of powder dietary supplements are estimated to touch US$ 36 Bn by end of the assessment period with demand projected to rise at a high value CAGR of 8.3% throughout the period of forecast, 2017-2022.

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e powder dietary supplements marketplace is also influenced by growing individual participation in fitness programs. This factor coupled with increasing registrations in fitness clubs is likely to pave potential growth opportunities for powder dietary supplements such as protein powders. For instance, according to analysis by IHRSA, in 2017 European health club market served around 56 million members with fitness clubs generating more than US$ 29 billion. This factor is likely to fuel demand for protein supplements, in turn aiding the growth of the powder dietary supplements market.

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The demand for powder dietary supplements among men is projected to grow at a stellar pace on the back of rising inclination toward muscle enhancement. However, sales of powder dietary supplements are estimated to remain high among women demographic worldwide, says the report. Fact.MR reveals that powder dietary supplements sales among women demographic are estimated to cross US$ 16 Bn by end of the year of assessment. 

Global Powder Dietary Supplements Market: Competition Analysis

Extensive study of the global landscape for powder dietary supplements reveals key developmental strategies of the most prominent players in powder dietary supplements market. Some of the leading companies participating in the global powder dietary supplements ecosystem include Glanbia plc, Herbalife International, Inc, DuPont, DSM, Bayer AG, BASF SE, Abbott Laboratories, Amway Corporation, GlaxoSmithKline plc, Alphabet Holding Company, Inc., and Amway Corporation. A large number of these players are considering strategic partnerships as the key to enhanced market footprint, which include food and pharma leaders as well as food science research institutes. Brands are preferring partnerships for an improved product functionality and innovation.

About the Report on Powder Dietary Supplements Market

According to a recently released market research report on powder dietary supplements, a surging urge for leading an active lifestyle through consumption of healthier food will remain the chief driver impacting the growth of global powder dietary supplements market. The report anticipates the global market for powder dietary supplements to demonstrate robust expansion at 8.3% CAGR, reaching the valuation worth US$ 36 Bn by 2022 end. In addition to all the push and pull factors, the powder dietary supplements market report provides insights on important trends, practical growth opportunities, and key competition profiles.

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About Fact.MR

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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