Global Nutraceutical Supplements Demand Expanded At A CAGR Of 6%, Registering An Impressive Valuation Of Over US$ 80 Bn During 2022-2032

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,

• 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

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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.

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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.

Key Segments Covered

• Product Type

  • Vitamins & Mineral Nutraceutical Supplements
  • Herbal Nutraceutical Supplements
  • Protein & Amino Acid Nutraceutical Supplements
  • Prebiotics & Probiotics Nutraceutical Supplements

• Form

  • Nutraceutical Supplement Softgels
  • Nutraceutical Supplement Capsules
  • Nutraceutical Supplement Liquids
  • Nutraceutical Supplement Tablets
  • Nutraceutical Supplement Powder & Granules

• Consumer Orientation

  • Nutraceutical Supplements for Men
  • Nutraceutical Supplements for Kids
  • Nutraceutical Supplements for Women
  • Unisex Nutraceutical Supplements

• Sales Channel

  • Nutraceutical Supplement Sales via Drug Stores
  • Nutraceutical Supplement Sales via Health & Beauty Stores
  • Nutraceutical Supplement Sales via Modern Trade Channels
  • Nutraceutical Supplement Sales via Direct Selling
  • Nutraceutical Supplement Sales via Online Retailers
  • Nutraceutical Supplement Sales via Convenience Stores

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Crucial insights in the Nutraceutical Supplements Market  research:

• Underlying macro- and microeconomic factors impacting the growth of the Nutraceutical Supplements Market Basic overview of the Nutraceutical Supplements Market including market definition, classification, and applications.
• Scrutinization of each Nutraceutical Supplements Market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of Nutraceutical Supplements Market across various industries.
• Important regions and countries offering lucrative opportunities to Nutraceutical Supplements Market stakeholders.

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