U.S. Dietary Supplements Market
Highlights:
Growing
burden of cardiovascular diseases is the major factor contributing to the
growth of the market and is likely to increase in the coming years due to
growing patient and geriatric populations. Increasing prevalence of lifestyle
diseases will boost the market growth during the forecast period. Diabetes
& obesity are the major causes of cardiovascular diseases. Increasing
number of patients suffering from these diseases lead to increase in the
prevalence of cardiovascular diseases and other health-related issues,
ultimately increase the demand for the dietary supplements will fuel the growth
of the market. According to Centers for Disease Control and Prevention (CDC),
in 2017 about 30.3 million people had diabetes out of which 23.1 million people
were diagnosed with diabetes while 7.2 million people remained undiagnosed in
the U.S.
Major Players in the Dietary Supplements Market:
Nestlé Health Science, Danone Nutricia,
Carlyle Group, Amway (Nutrilite), Archer Daniels Midland, Abbott Laboratories,
Herbalife International, Amway, Danisco, Glanbia, Bayer AG, GlaxoSmithKline
plc., Pfizer Inc., Balchem Corporation, Natures Product Inc., and Bactolac
Pharmaceutical Inc.
U.S.
Dietary Supplements Market Segmentation:
The U. S. dietary supplements in the age of
personalized nutrition market are segmented by product category, application,
gender, dosage form and end-user. On the basis the product category, it is
segmented into vitamins, herbs & botanicals, sports supplements, meal
supplements, minerals and other. By the application, it is segmented into
lifestyle diseases, inherited diseases, genetic predispositions and others. By
the gender, it is segmented into female and male. Female and male is further
segmented into various age groups, namely, 55 + age group, 35-54 age group,
19-34 age group, and 0-18 age group. By the dosage form, it is segmented into
tablets, capsules, powder, liquids, soft gels and others. By the end-users, it
is segmented into hospitals & clinics, home care, and others.
Dietary Supplements Market Scenario:
Historically, dietary supplements marketing
has focused on promoting a specific specialty ingredient targeted at specific
consumer health needs such as omega 3 for heart health, lutein for eye care and
others. Personalized nutrition offers manufacturers, the chance to develop a
relationship with consumers rather than a single transactional approach.
Massive advancements in the dietary supplements preparation in the field of
personalized nutrition along with the possibility of the superior drug
formulation will uplift the U. S. dietary supplements in the age of
personalized nutrition market. The economies of scale and scope resulting out
of greater demand for dietary supplements is expected to significantly reduce
the final price of the products thus benefiting the final consumers. Thus,
increasing the prevalence of cancer and metabolic diseases will result in arise
in the volume of the dietary supplements market.
Dietary Supplements Market Regional Analysis:
U.S. dominated the global dietary supplements
in an age of personalized nutrition market owing, presence of major
manufacturers such Abbott Laboratories, Pfizer Inc, Glanbia, Amway, Carlyle
Group, Danone Nutricia, Nestlé Health Science and increase in usage among
adults between the ages of 18 and 34. For instance, as per the recent annual
survey conducted by Ipsos Public Affairs on behalf of the Council for
Responsible Nutrition (CRN), about 71% of U.S. adults or more than 170 million
Americans are consuming dietary supplements for various dietary purposes.
Furthermore, increasing geriatric Population has also upsurged the growth of
this market. According to the population reference bureau, the number of
Americans ageing 65 and older is projected to more than double from 46 million
in 2015 to over 98 million by 2060. Whereas adversary effects of dietary
supplements and FDA approvals have been a concern for the market
Browse Complete 200 Pages Report Enabled with Competitive Analysis of
Niche Segments, Top Players, Comprehensive Research and Key Regions @ https://www.marketresearchfuture.com/reports/u-s-dietary-supplements-market-5644 .
Major TOC
for U.S. Dietary Supplements Market:
1 REPORT
PROLOGUE
2 MARKET
INTRODUCTION
2.1 Introduction
2.2 Scope Of Study
2.3 Research Objective
2.4 Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 RESEARCH
METHODOLOGY
3.1.1 Primary Research Methodology
3.1.2 Secondary Research Methodology
3.1.3 Market Share Analysis
3.1.4 Market Pricing Approach
4 MARKET
DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1 Growing Demand For Health And Wellness Products
(Impact Weightage – 45 %)
4.2.2 Increasing Awareness And Incidence Of
Lifestyle-Related Diseases And Growing Aging Population
(Impact Weightage – 35 %)
4.2.3 Increasing Urbanization, Rising Income And GDP,
And Consumerism (Impact Weightage – 20 %)
4.3 Restraints
4.3.1 Spurious And Misbranded Products (Impact
Weightage - 35 %)
4.3.2 Safety Concerns Of Dietary Supplements (Impact
Weightage - 65 %)
4.4 Opportunities
4.4.1 Introduction Of E-Commerce Portals (Impact
Weightage: 45%)
4.4.2 Increase In Merger & Acquisition Activity And
Growing R&D Spending For Dietary Supplements
(Impact Weightage: 55%)
4.5 Challenges
4.5.1 Increasing Regulatory Pressures
…TOC
Continued
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