Liquid Nutraceutical Supplements Global Demand, Key Players, Overview, Supply and Consumption Analysis

The unprecedented COVID-19 pandemic has affected the global economy to a great extent. Considering the food industry, one of the most important sectors of the economy, a tremendous impact has been witnessed on the entire process from the field to the consumer. The restrictions in the movement of workers, closure of food production facilities, and changes in consumer demand have put excessive pressure on the food industry.

The report offers actionable and valuable market insights of Liquid Nutraceutical Supplements. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Liquid Nutraceutical Supplements Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Liquid Nutraceutical Supplements market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Liquid Nutraceutical Supplements

This newly published and insightful report sheds light on Market Insights of Liquid Nutraceutical Supplements, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Liquid Nutraceutical Supplements Market.

The nutraceutical supplements market is projected to account for over US$ 80,700 million in 2019, according to a new Fact.MR study. Overall growth of the nutraceutical supplements market can be attributed to,

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• Increasing adoption of nutraceutical supplements as pharmaceutical alternatives
• Increasing healthcare costs and rising consumer preference for simple and over-the-counter medicines
• Significant R&D investments in identifying the role of nutraceutical supplements in important health conditions such as obesity, cancer, cardiovascular diseases, diabetes and neurodegenerative diseases

According to Fact.MR study, demand for prebiotics & probiotics dietary supplements is rising rapidly and projected to register over 10% y-o-y in 2019. Increasing awareness regarding the use of probiotics to maintain good health and to reduce the risk of multiple diseases has led to a significant demand for prebiotics and probiotics as dietary supplements.

Vitamins & minerals supplements will continue to witness a significant demand in the coming years. The estimations find that vitamins & minerals supplements are expected to hold over 36% of the overall share of the nutraceutical supplements market in 2019. Being the most commonly consumed dietary supplements, vitamins & minerals supplements consumption is expected to grow steadily throughout the forecast period.

Herbal supplements and protein & amino acid supplements are projected to register comparable market revenues. Collectively, these segments will account for half the revenue share in 2019. Increasing preference for natural ingredients has led to a significant demand for herbal supplements.

The study finds that protein & amino acid supplements revenues are expected to grow at an impressive y-o-y of 8.7% in 2019. Rising levels of dietary protein intake in daily consumption are responsible for the rising sales of protein & amino acid supplements.

Softgel Remains Highly Preferred Form, Popularity of Capsules and Tablets to Grow

Fact.MR studied demand-supply scenario of different forms of nutraceutical supplements available. The study reveals that demand for the softgel form of nutraceutical supplements remained higher in the past few years and the status quo will be maintained in the coming years. In 2019, demand for softgels is projected to generate revenues worth over one fourth of the global revenues.

Owing to the superiority in delivery format and enhanced bioavailability, demand for softgels will continue to grow steadily in the future. Liquid is another form which is highly preferred by consumers for nutraceutical supplements intake. Fact.MR finds that demand for liquid will closely follow softgels in the coming years.

The market projections also cover increasing consumer preference for capsule and tablets on the back of increasing demand for vegetarian clean-labelled capsules and ongoing innovation in the capsule and tablet manufacturing technologies. Based on these industry trends, study opines that capsules and tablets will register faster growth at nearly 10% y-o-y in 2019.

Unisex Nutraceutical Supplements Held Two Fifth of Market Share in 2018

Fact.MR study finds that according to consumer orientation, sales of unisex nutraceutical supplements have spearheaded the market revenues for many years. In 2019, the trend will continue and the sales of unisex nutraceutical supplements will occupy nearly two fifth of global revenues. Further, despite lower revenues, nutraceutical supplements for kids will witness rising demand and an impressive growth rate in 2019.

Fact.MR’s thorough study of nutraceutical supplements distribution network reveals that drug stores will remain a preferred choice for nutraceutical supplements purchase among consumers. This channel accounted for two fifth of the nutraceutical supplements market share in 2018.

Apart from the traditional sales channel, rising consumer preference for online purchase is likely to register rising sales of nutraceutical supplements in the future. Also, consumer purchase of nutraceutical supplements through convenience stores is increasing rapidly and registered growth at nearly 11% in 2018.

The study estimates that North America held nearly 30% of nutraceutical supplements market share in 2018. As the prevalence of nutrition deficiencies continues to rise, Americans are highly dependent on dietary supplements to maintain good health.

While Europe represented the second largest market for nutraceutical supplements in 2018, developing regions including Latin America and APEJ reported rapid expansion of nutraceutical supplements market. APEJ registered nearly US$ 16 billion nutraceutical supplements market and grew at 9% y-o-y in 2018.

The Fact.MR report tracks the nutraceutical supplements market for the period 2018-2027. According to the report, the nutraceutical supplements market is projected to grow at 7% CAGR through 2027.

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More Valuable Insights on Liquid Nutraceutical Supplements Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Liquid Nutraceutical Supplements, Sales and Demand of Liquid Nutraceutical Supplements, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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