North America Dietary
Supplements Market is
expected to reach USD 68.22 billion by 2025, according to a new report by
Grand View Research, Inc. Rising consumer awareness regarding proper weight
management and improvement of muscular strength is likely to boost the demand
of nutrients such as vitamins, minerals, and enzymes in North America, over the
years ahead.
Consumers belonging to all age groups are focusing on
enhancing their diet intake through utilization of nutritional food
ingredients, owing to increasing publicity through media houses and e-commerce
portals is expected to promote the scope of nutraceuticals including dietary
supplements.
Leading corporates including Microsoft, IBM, ExxonMobil,
AT&T, GM, and GSK have increased expenditure for the development of
gymnasiums and fitness centers in their commercial offices. As a result, the
health & wellness segment is expected to witness a noteworthy increase that
is ultimately expected to play a crucial role in promoting the use of dietary
supplements over the forecast period.
Full Research Report on North America Dietary Supplements
Market Analysis: http://www.grandviewresearch.com/industry-analysis/north-america-dietary-supplements-market
Further key findings from the report suggest:
- In
terms of revenue, minerals segment is estimated to be one of the fastest
growing segments and is likely to expand at a CAGR of 6.7% over the
forecast period, owing to significant usage of mineral-based dietary
supplements in the U.S. and Canada
- Liquid
product segment is expected to provide considerable scope for market
growth and is estimated to account for a revenue of USD 10.40 billion by
2025, as a consequence of rising clinical nutrition products demand for
prevention of malnutrition
- Medicinal
supplements application constituted a revenue of USD 6.40 billion in 2016
and is likely to expand at a robust growth rate by 2025, owing to rising
health risks pertaining to cardiovascular, obesity, and gastrointestinal
disorders
- Mexico
is projected to witness fastest industry growth during the forecast
period, owing to rising usage of ingredients such as botanicals and
vitamins among children, infants, and adult age groups
- Amway
Corporation, Pfizer Inc., NBTY, Inc., and Herbalife International are the
key players that collectively accounted for over 15% market share of the
global industry in 2016
- Companies
are focusing on strengthening their presence as key players, by forward
integrating their business operations across the value chain and through
implementing strategies such as distribution agreements and new product
launches. In April 2016, Amway Corporation launched a new sports nutrition
product line to cater to the regional demand.
View more reports of
this category by Grand View Research at: http://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research
has segmented the North America Dietary Supplements Market on the basis of
ingredient, product, application, end-use, and region:
Ingredient Outlook (Revenue, USD Million; 2014 - 2025)
- Botanicals
- Vitamins
- Minerals
- Amino
Acids
- Enzymes
- Others
Product Outlook (Revenue, USD Million; 2014 - 2025)
- Tablets
- Capsules
- Powder
- Liquids
- Soft
Gels
- Gel
Caps
Application Outlook (Revenue, USD Million; 2014 - 2025)
- Additional
Supplements
- Medicinal
Supplements
- Sports
Nutrition
End-use Outlook (Revenue, USD Million; 2014 - 2025)
- Infants
- Children
- Adults
- Pregnant
Women
- Old-aged
Region Outlook (Revenue, USD Million; 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
Access Press Release of this research report by Grand
View Research: http://www.grandviewresearch.com/press-release/north-america-dietary-supplements-market-analysis
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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