Dietary Supplements Ingredients: Market Outlook
A dietary supplement contains wide variety ingredient which boosts or support the diet with one or more nutrients that are required by the human body when taken in the form of pill, capsule, tablet, gel and the powder form. A supplement contains the nutrients either extracted from a natural food source or synthetically produced nutrients. The nutrients which can be considered as the dietary supplement ingredients are vitamins & minerals, amino acids, herbs or other botanicals, and enzymes. The U.S. Food & Drug Administration regulates all the ingredients that are used as dietary supplements.
Dietary supplements cannot diagnose, treat or cure the disease, these claims are made for the drugs, not for the dietary supplements. The changing lifestyle and increasing health concerns among the consumers, the demand for dietary supplements is surging in the global market. The sports nutrition is emerging sector across the globe and the use of dietary supplements in the sports nutrition is also increasing, owing to the functional properties that provide the extra nutrition to increase or maintain the physical strength of the sportsman.
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Preventive Healthcare has been critical to the market growth
The population of senior citizens is rapidly increasing across the globe and that caused the shift in healthcare spending. Also, the volatility of the healthcare insurance market has increased self-directed care. The consumers are seeking preventive measures to avoid further spending on healthcare. The awareness among the consumers about preventive healthcare has increased which is benefiting the dietary supplements market.
The consumers are considering the dietary supplements healthy as they provide the health and wellness benefits. The dietary supplements are used by the consumers to cover the shortfall of nutrients in their diet. Thus the preventive healthcare is benefiting the dietary supplement market across the globe.
Global Dietary Supplements Ingredients Market: Market Segmentation
On the basis of Form, the global dietary supplements ingredients market has been segmented as,
- Powder
- Pill
- Capsule
- Tablet
- Gel
On the basis of Ingredients, the global dietary supplements ingredients market has been segmented as,
- Vitamins
- Minerals
- Amino Acids
- Herbs or Other Botanicals
- Enzymes
- Others
On the basis of Application, the global dietary supplements ingredients market has been segmented as,
- Sports Nutrition
- Weight Management
- Immune & Digestive Health
- Bone & Joint Health
- Beauty Supplements
- Others
On the basis of End User, the global dietary supplements ingredients market has been segmented as,
- Men
- Women
- Senior Citizens
- Infants
- Others
On the basis of Distribution Channel, the global dietary supplements ingredients market has been segmented as,
- Business to Business
- Business to Consumer
- Hypermarket/Supermarket
- Specialty Stores
- Pharmacies
- Online Retail
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Global Dietary Supplements Ingredients Market: Market Participants
The market participants operating the global dietary supplements market identified across the value chain include-
- Amway
- Abbott
- Arkopharma Labs
- Bayer
- Archer Daniels Midland Company
- Himalaya Wellness
- Glanbia
- Pfizer
- Nestle
- DSM
- Yakult
- BASF
- Danone
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