Albany, New York, April 28, 2015
: A report titled ‘Dietary Supplements Market: Global Industry Analysis and Opportunity Assessment, 2014–2020’ is now available on Market
Research Reports Search Engine (MRRSE), the portal has announced. The report, published by Future Market Insights (FMI), brings to the fore growth figures
and important findings pertaining to the global dietary supplements market.
According to the study, the market, which approximated US$ 61.84 billion in 2014, will chart a CAGR of 5.3% between 2015 and 2020, by which year it is
pegged to be worth US$ 84.8 billion.
While an increasingly health conscious consumer base is emerging worldwide, this change doesn’t have a remarkably positive impact on the growth prospects o
the dietary supplements market. Nevertheless, there are other factors that augur well for the market; these include: Higher adoption of preventive
healthcare measures by consumers, augmented consumer incomes (especially in developing nations), and innovative product launches by companies in the
dietary supplements market. The geriatric population base today consumes more dietary supplements as compared to their counterparts a few decades ago. This
factor also helps add to the global demand for dietary supplements.
For the purpose of this study, the report segments the global dietary supplements market thus: By product, by application type, and by geographical region.
The product segment is further split into: Vitamins, protein supplements, minerals, probiotics, blended supplements, fish oils/Omega 3-6-9, and others. The
single-largest revenue share in the dietary supplements market by product is expected to be held by vitamin supplements (38%) by 2020. Another segment that
will constitute a significant share of the market is fish oils/Omega 3-6-9, which will likely contribute to 16% of all market revenues by 2020, registering
a 13.2% CAGR through the period of forecast.
Browse Full Report with TOC
The report also studies the dietary supplements market by health enhancement applications as: Energy, women’s health and beauty, bone and joint health, and
heart health. Of these, the report reveals that dietary supplements for increasing energy levels will expand at the highest rate (13.3%) between 2015 and
2020. Other supplements such as those consumed for improved immunity, bone health, better heart health, and a regulated digestion system will also gain
greater market share through the forecast period of the report.
The report evaluates the dynamics of the following geographical regions: North America, Europe, Asia Pacific and RoW. Of these, APAC will hold an
impressive revenue share (44%) of the global dietary supplements market by 2020, and will be trailed by North America and Europe.
Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. Headquartered in New York, U.S., MRRSE is
driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on
the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is
updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or
90, State Street
Albany, NY – 12207