Cholesterol Management Supplements Market 2022
According to the latest research by Persistence Market Research, the Cholesterol Management Supplements market is set to witness a significant growth during 2021-2031.
Demand for Cholesterol Management Supplement is anticipated to witness an optimistic growth outlook in the long run due to people turning towards supplements to find answers to their ailments. Rise in geriatric population can also be seen because of increase in sedentary lifestyle.
Ischemic heart disease and stroke are the major driving factors for global cholesterol management supplements market. According to WHO, one third of world’s ischemic heart disease cases are caused due to increased levels of cholesterol in individuals. High cholesterol is said to cause 2.6 million deaths i.e. 4.5% of the disability adjusted life years.
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The need to increase awareness about management of cholesterol is another factor that is driving the cholesterol management supplements market. A public perception research of Asian multi-ethnic population concluded that awareness of cholesterol management was very low in the study population. So, owing to this different ways to manage cholesterols can be spread among the population after understanding the gaps in detail.
A study published in Journal of Cardiovascular Nursing explored the possibility of calcium supplements having a positive effect in reducing the cholesterol levels.
Around 4000+ people participated in this research study, where significant reduction in low-density-lipoproteins (LDL) or bad cholesterol and increase in high-density-lipoproteins was seen. This has opened up new avenues in cholesterol management with calcium supplements entering into the existing market.
As stated by CDC, 12% of the American adults have reported to have higher than normal cholesterol levels. However in the previous 5 years two thirds of the Americans claim checking their cholesterol levels. This could prove to be a major boost to cholesterol management supplements market in US as individuals there are becoming cautious about management of cholesterol.
Also, the presence of major players makes North America most dominating market in the globe. Key market players in North America like SMPNutra, Rocktomic, Step One Foods make it one of the most lucrative markets in the world.
With heart disease (27%) and stroke (26%) being the most common diseases after cancer (45%), Europe is the second most important market for supplements of cholesterol management it stands in the second place in terms of prevalence of cholesterol after US. Furthermore, the rising R&D in the region is likely to boost the cholesterol management supplements demand.
Key European market players like CitriSafe LLC, TCI Co Ltd, HTC Health will play a key role in further evolving the market towards a positive direction.
The cholesterol management market is highly fragmented. Many small and local players exist in every region. Listed below are the companies which are at the top in their respective regions.
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Key Players:
- Streamline Pharma Pvt. Ltd.
- Trio Lifescience Pvt. Ltd.
- Wellna Organix
- SMPNutra
- Rocktomic
- Pure Encapsulations LLC
- Century Foods
- Step One Foods
- CitriSafe LLC
- TCI Co. Ltd.
- HTC Health
- Holos Xinhuofong
Key Segments:
By Supplement Type:
- Berberine
- Fish Oil
- Flaxseed
- Green Tea
- Plant stanols and sterols
By Application:
- Reduce Low-density-lipoprotein (LDL) or bad cholesterol
- Reduce Tri-glycerides
- Improve High-density-lipoprotein (HDL) or good cholesterol
Key geographies evaluated in this report are:
North America – U.S, Canada
Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC – China, India, Japan, Australia, Others
Latin America – Argentina, Brazil, Others
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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