Will Sales of Botanical Softgel Supplements Gain Traction Due to the Clean Label Trend – Exclusive Study by Fact.MR

Dublin, Ireland, 2022-May-17 — /EPR Network/ —

250 Pages Botanical Softgel Supplements Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

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 Botanical Softgel 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 Botanical Softgel 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 Botanical Softgel 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 Botanical Softgel Supplements

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

supplements have reduced hospital visits pertaining to ailments and conditions such as maternity and newborn care, mental and behavioral health, pediatric care, etc. Considering these statistics and shift in dynamics, the market for softgel supplements is forecast to expand data healthy CAGR of more than 7% over the coming 10 years.

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Key Market Segments Covered

• By Ingredient

  • Amino Acid Softgel Dietary Supplements
  • Botanical Softgel Dietary Supplements
  • Vitamin- & Mineral-based Softgel Dietary Supplements
  • Others

• By Application

  • Softgel Dietary Supplements for Bone and Joint Health
  • Softgel Dietary Supplements for General Well-being
  • Softgel Dietary Supplements for Heart Health
  • Softgel Dietary Supplements for Immune Health and Digestive Health
  • Softgel Dietary Supplements for Sports Nutrition
  • Softgel Dietary Supplements for Weight Loss
  • Others

• By End-User

  • Softgel Dietary Supplements for Adults
  • Softgel Dietary Supplements for Geriatric Population
  • Softgel Dietary Supplements for Pregnant Women
  • Softgel Dietary Supplements for Children

• By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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Key Takeaways from Market Study

• In 2020, North America and Europe together generated over 60% of the global market for softgel dietary supplements.
• Vitamin and mineral-basedsoftgel dietary supplements accounted for over half of the globalmarket share in 2020. These supplements are also expected to remain the most attractive, with an absolute dollar opportunity of around US$ 15 Bnfrom 2021 to 2031.
• Based on application, softgel dietary supplements for bone and joint health is anticipated to be the most sought-after with a BPS of 279.1.
• Based on end user, the children segment is expected to grow 2.1X during the projection period, which is the highest among others
• Tier-1 companies such as BASF, Du Pont, Abbott, Bayer, and Glaxo SmithKline together accounted for around 37% of global revenue in 2020.

“With increasing intake of dietary supplements, competitors have been formulating targeted strategies for different variants of their offerings. With concern regarding nutrition coupled with affordability of supplements, millennials are the most sought-after customers of softgel dietary supplements,”says a Fact.MR analyst.

Winning Strategy

The Dietary Supplement Health and Education Act (DSHEA) has placed dietary supplements under the ‘food’ category instead of ‘drugs’. Therefore, vitamin supplements are regulated differently from other drugs. With these regulations in place, a synchronization between consumers’ nutritional needs and safety is required. To address this, Nutraveris launched an integrated platform in 2020 that uses artificial intelligence to assess and monitor U.S. dietary supplement data and compliance. While this development will boost consumer confidence towards the safety of dietary supplements, it will also clear the competition clutter for tier-1 players for whom adulterated supplements has been emerging as threat.

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Key Question answered in the survey of Botanical Softgel Supplements market report:

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• Growth of Botanical Softgel Supplements Market
• Market Analysis of Botanical Softgel Supplements
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• Key Drivers Impacting the Botanical Softgel Supplements market
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• Restraints Shaping Market Growth
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More Valuable Insights on Botanical Softgel Supplements Market

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

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