Feb 26, 2015 -- Future Market Insights (FMI) announces the release of its latest research report “ Global Dietary Supplements Market Analysis and Opportunity Assessment 2014- 2020”. FMI forecasts that the global dietary supplements market was valued at US$ 61.84 Bn in 2014 and is expected to reach US$ 84.8 Bn by 2020, registering a CAGR of 5.3% between 2015 and 2020.
Market Drivers
The global dietary supplements market is driven by factors such as increasing health consciousness and growing consumer income. Moreover, increasing consumption of dietary supplements along with daily diet boosts energy concept of preventive healthcare will further drive the global dietary supplements market
Browse Full " Dietary Supplements Market - Global Industry Segment Analysis, Dynamics, Size, Trends, CAGR, Opportunity, Share, Competitive Analysis and Forecast 2014 to 2020, Future Market Insights" Market Research Report at http://www.futuremarketinsights.com/reports/details/dietary-supplements-market
Market Segments
The global dietary supplements market is mainly segmented on the basis of product, application and region. By product type, the global dietary supplements market is segmented into vitamins, minerals, protein supplements, probiotics, fish oils/Omega 3-6-9, blended supplements and others. Among these, vitamin supplements segment is expected to account for larger revenue share percentage of 38% by 2020, followed by fish oils/Omega 3-6-9. Additionally, fish oils/Omega 3-6-9 segment is anticipated to account for 16% of the total revenue market by 2020, exhibiting a health CAGR of 13.2% through the forecast period.
By application type, dietary supplements consumed to enhance health (or dietary supplements for general health) segment is expected to account for a largest revenue market share by 2020. Dietary supplements consumed to increase energy level is anticipated to witness 13.3% CAGR between 2015 and 2020. However, supplements consumed to improve immune power, heart health, digestion system, Bone and joint health are expected to demonstrate a significant growth rate during the forecast period.
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Region-wise, the global dietary supplements market is segmented as Asia Pacific, North America, Europe, and RoW. Among all the aforementioned regions, the Asia Pacific is projected to dominate the global dietary supplements market with largest revenue share percentage of 44% by 2020, followed by North America and Europe.
Competitive Landscape
Key players in the global dietary supplements market are Glanbia Plc, Nature’s Bounty, Inc. Atrium Innovations, DANONE.
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