Dietary Supplement market | Global Trends, Growth, Analysis 2019-2027

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GLOBAL DIETARY SUPPLEMENT MARKET FORECAST
2019-2027
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• As per Inkwood Research, the global dietary
  supplement market will flourish with an estimated
  CAGR of 6.08 between 2019 and 2027.
• In terms of revenue, the market is expected to
  generate a value of 2389.71 million by 2027.
• The rising demand for dietary supplements across
  the health and wellness industry is one of the
  major factors contributing to the market growth
  on a global scale.

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• Ingredient, end-user, products, and applications
  are the segments included in the global dietary
  supplement market.
• The market has a wide range of end-users such as
  pregnant women, children, adults, infants, and
  old-age population.
• Further, the increasing health awareness among
  people surges demand for dietary supplements, in
  turn, boosting the market growth.

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• On the basis of geography, the global dietary
  supplement market is classified into regions such
  as Asia Pacific, North America, Europe, and Rest
  of World, that includes other regions. In terms
  of revenue, North America region captures a
  significant market share in the global dietary
  supplement market.
• The presence of large companies that are offering
  dietary supplements in the region attributes to
  the market growth of dietary supplements.

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During the forecast period 2019-2027, the North
America dietary supplement market is anticipated
to grow with a 6.31 CAGR. The North America
market contributed to revenue of XX million in
2018, which is expected to reach XX million by
2027. The increasing demand for supplements from
different age groups of people, along with rising
inclination towards medical nutrition,
contributes to the growth of the dietary
supplements market in the region.
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Dietary supplements are the products useful in
supplementing the nutrients. The dietary
supplements products are in the form of tablets,
powder, capsules, and liquid, among others. The
market of dietary supplement in Europe region is
expected to grow with a CAGR of 5.93 during the
forecast period of 2019-2027 and will generate a
revenue of XX million by the end of the period.
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The Asia Pacific dietary supplement market
generated a value of XX million in 2018 and was
expected to contribute XX million by the end of
period 2019-2027. Inkwood Research estimates that
the Asia Pacific market will grow at a CAGR of
6.66 during the forecast period. The market in
the region is witnessing fast growth owing to
factors like favorable government policies and
increasing awareness about nutritional
supplements.
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The prominent players operating in the global
dietary supplements market include Blackmores
Ltd., Merck KGaA, Sanofi SA, Bayer AG, Herbalife
Ltd., Reckitt Benckiser Group Plc,
GlaxoSmithKline Plc, Suntory Holdings Limited,
GNC Holdings, Abbott Laboratories, Pfizer,
Natures Bounty, Otsuka Holdings Co. Ltd.,
Glanbia Plc, and Amway Corporation.
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