Industry Background:
Nutritional supplements are any dietary supplement that is intended to provide nutrients that may otherwise not be consumed in sufficient quantities such as vitamins, minerals, proteins, amino acids or other nutritional substances. These supplements can be consumed in capsule, tablet or liquid form. It can provide nutrients either extracted from food sources or synthetic.
This growth is primarily driven by Rising Prevalence of Chronic Diseases and Increasing Demand from the Athletics and Gym Going People.
Globally, a noticeable market trend is evident Shift Toward Preventive Health Management Practices
. Major Vendors, such as Amway (United States), Abbott Laboratories (United States), Arkopharma (France), Bayer (Germany), Glanbia, Plc (Ireland), Pfizer Inc. (United States), BASF SE (Germany), Herbalife Nutrition (United States), Archer Daniels Midland (United States) and The Carlyle Group (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 18th July 2019, Amway India, FMCG direct selling company, launched the enhanced version of the calcium supplement - Nutrilite Cal Mag D Plus. The new calcium supplement provides essential nutrition to support and maintain healthy bones when taken as part of a well-balanced diet. In addition to the calcium from the rich algal source along with calcium carbonate and double the amount of vitamin D that promotes calcium absorption, Nutrilite Cal Mag D Plus also consists of nutrients such as magnesium, manganese, and zinc making it more effective.
Market Drivers
- Rising Prevalence of Chronic Diseases
- Increasing Demand from the Athletics and Gym Going People
Market Trend
- Shift Toward Preventive Health Management Practices
- Method of Complementary or Alternative Treatment for Health Conditions
Restraints
- Possible Side Effects of the Nutritional Supplements If Not Taken under Physician’s Guidance
Opportunities
Growing Awareness among People about Healthy Lifestyle and Growing Geriatric Population
Challenges
High Cost of the Nutritional Supplements
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Nutritional Supplements Study Sheds Light on
The Nutritional Supplements Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Nutritional Supplements industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Nutritional Supplements industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.