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Dietary supplements are products intended to supplement the diet and provide additional nutrients, such as vitamins, minerals, herbs, amino acids, enzymes, or other dietary substances. They come in various forms, including pills, capsules, powders, liquids, and even energy bars. The demand for dietary supplements is driven by increasing consumer awareness of health and wellness, preventive healthcare, the aging population, and rising chronic diseases. The convenience of online purchasing and product availability further fuel market growth.
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NavigatingtheWorldofDietarySupplements:WhatYouNeedtoKnow AccordingtotheNationalInstituteonAging(NIA)[apartoftheNationalInstitutesofHealth(NIH)],“Dietary supplementsaresubstancesyoumightusetoaddnutrientstoyourdietortoloweryourriskofhealthproblemssuchasosteoporosisorarthritis.Dietarysupplementscomeintheformofpills,capsules,powders,geltabs,extracts,orliquids.Theymightcontainvitamins,minerals,fiber,aminoacids,herbsorotherplants,orenzymes.Sometimes,theingredientsindietarysupplementsareaddedtofoods,includingdrinks.Adoctor’sprescriptionisnotneededtobuydietarysupplements.” TheUnitedStatesFoodandDrugAdministration(USFDA),definesdietarysupplementsassupplementsintendedtotreat,diagnose,cure,orpreventdisease,astheyaredrugseveniftheyarelabeledassupplements.Itcomesindifferentformsliketablet,capsules,softgels,gummies,liquids,etc. HealthBenefitsofDietarySupplements Dietarysupplementsareproductsintendedtosupplementthedietwhentakenbymouthasapill,capsule,tablet,orliquid.Theycancontainvitamins,minerals,herbs,aminoacids,enzymes,orotheringredients.Whiletheycanbebeneficialincertainsituations,it'simportanttorecognizethattheyarenotasubstituteforabalanceddietandhealthylifestyle.Herearesomepotentialhealth benefits of dietarysupplementswhenusedappropriately: Filling Nutritional Gaps: For individuals who may not obtain sufficient nutrients from their diet alone, supplements can help fill in these gaps. This is especially relevant for populations with specific dietary restrictions, such as vegans or individuals with food allergies. Improved Nutrient Absorption: Some supplements can enhance the absorption of certain nutrients, ensuring that the body can utilize them more effectively. For example, vitamin C can enhance the absorption of iron from plant-based sources. Supporting Specific Health Conditions: Certain supplements have been shown to support particular health conditions. For example, calcium and vitamin D supplements are often recommended for bone health, omega-3 fatty acids for heart health, and folic acid for pregnant women to prevent neural tube defects in newborns. Reducing the Risk of Deficiency-Related Diseases: By ensuring adequate intake of essential nutrients, dietary supplements can help reduce the risk of deficiency-related diseases. For instance, vitamin D supplementation has been associated with a reduced risk of osteoporosis and fractures. Supporting Athletic Performance: Some athletes may benefit from dietary supplements to enhance their performance, support muscle recovery, and maintain
overall health. Common supplements in this category include protein powders, creatine, and branched-chain amino acids. • Boosting Immune Function: Certain vitamins and minerals, such as vitamin C, vitamin D, and zinc, play crucial roles in supporting the immune system. Supplements containing these nutrients may help strengthen the body's defenses against infections. • Managing Certain Chronic Conditions: In some cases, dietary supplements may be used as part of the management plan for chronic conditions such as arthritis, diabetes, or high cholesterol. However, it's essential to consult with a healthcare professional before starting any supplement regimen, especially if you have a pre-existing medical condition or are taking medications. • It'simportanttonotethatwhilesupplementscanofferbenefits,theycanalsoposerisks,particularlywhentakeninexcessiveamountsorincombinationwithcertainmedications.Additionally,thequalityandsafetyofsupplementscanvarywidely,soit'sessentialtochoosereputablebrandsandconsultwithahealthcareproviderbeforestartinganynewsupplementregimen. • DownloadPDFBrochure: • https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=973 • OpportunitiesintheDietarySupplementsIndustry • Theglobaldietarysupplementsmarketiswitnessingasignificantsurgeindemand,drivenbyincreasinghealthconsciousnessamongconsumers,risingdisposableincomes,andagrowingawarenessofpreventivehealthcaremeasures.Thispresentsalucrativeopportunityforentrepreneursandbusinesseslookingtoenterorexpandwithinthissector. • Herearesomekeyfactorscontributingtothegrowthandpotentialofthedietarysupplementsmarket: • Health and Wellness Trend: There is a growing trend towards preventive healthcare and wellness. Consumers are increasingly seeking dietary supplements to support their overall health, fill nutritional gaps, and address specific health concerns. • Aging Population: With a rising aging population globally, there's a growing need for supplements that can support healthy aging, bone health, cognitive function, and cardiovascular health. • Fitness and Sports Nutrition: The fitness and sports nutrition segment is experiencing rapid growth, driven by a surge in fitness-conscious consumers, athletes, and gym-goers who use supplements to enhance performance, build muscle, and aid recovery. • E-Commerce and Digital Marketing: The proliferation of e-commerce platforms and digital marketing channels has made it easier for supplement brands to reach a wider audience, including health-conscious millennials and Gen Z consumers who prefer shopping online. • Customization and Personalization: Consumers are increasingly seeking personalized nutrition solutions tailored to their individual needs, preferences, and
health goals. This trend opens up opportunities for companies to offer personalized supplement formulations and services. • Regulatory Support and Quality Assurance: Regulatory bodies are implementing stricter regulations to ensure the safety, efficacy, and quality of dietary supplements. Companies that adhere to these regulations and invest in quality assurance measures can build trust and credibility with consumers. • Innovation and Product Development: There's a continuous influx of innovation in the dietary supplements market, with companies developing new formulations, delivery formats, and ingredients to meet evolving consumer demands and preferences. • Global Expansion: The dietary supplements market offers opportunities for expansion into emerging markets, where rising disposable incomes, urbanization, and changing lifestyles are driving demand for health and wellness products. • Tocapitalizeontheopportunityinthedietarysupplementsmarket,entrepreneursandbusinessesshouldfocusonproductinnovation,qualityassurance,branding,marketing,anddistributionstrategies.It'sessentialtostayinformedaboutmarkettrends,consumerpreferences,andregulatorydevelopmentstoeffectivelynavigatethisdynamicandcompetitiveindustry.Additionally,buildingpartnershipswithhealthcareprofessionals,nutritionists,andfitnessexpertscanenhancecredibilityandtrustworthinessamongconsumers. • Thesportsnutritionfunctionsegmentisprojectedtogrowatthehighestrateduringtheforecastperiod. • Manysportsnutritionsupplementsavailabletodayincludemultivitamins,branched-chainaminoacids(leucine),omega-3fattyacids,glucosamine,glutamine,beta-alanine,beetroot,andgreenteaextract,eachofwhichprovidesdifferentperformancebenefits.Ingeneral,allhumansrequireanadequateamountofmacroandmicronutrients.However,duetoextremeexertion,athletesneedtomonitortheirfoodintake.Sportsnutritionsupplementsprovidethemwithalltherequirednutrients,whichiswhythiscategoryisprojectedtogrowrapidlyinthedietarysupplementsmarket. • MakeanInquiry: • https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=973 • Bydistributionchannel,thepharmacysegmentisprojectedtoholdthesecond-largestmarketshare • Inappropriateuseofdietarysupplementscanhaveadverseeffectsonapatient’shealthwhengivenwithoutproperexamination.Thesesupplementscanbepotentiallytoxicwhenconsumedmorethantherecommendeddietaryallowance(RDA)andhavetoxiceffectonthebody.Theprovisiononpurchasingthese supplementswithoutaprescriptionordoctor’srecommendationhasledtoimproperconsumption.Therolethatpharmacistsplayiscrucialinhelpingcitizensdisseminate
scientificinformationaswellasthedosageofdietarysupplements.Youngprofessionalsinparticularwouldbenefitfromcontinuouseducationtobetteradvisepatients.scientificinformationaswellasthedosageofdietarysupplements.Youngprofessionalsinparticularwouldbenefitfromcontinuouseducationtobetteradvisepatients. • NorthAmericaholdsthehighestmarketshareduringtheforecastperiod. • NorthAmericannutritionandsupplementsholdthelargestmarketshareandareexpectedtoexpandfurther.NorthAmericanpopulationhasbecomemoreawareofhealthandhasadopteddietarysupplementsasapartoftheirdailydietregime,tohaveoverallhealthandweightbenefits.Thepopulationintheregionismoresusceptibletolifestyledisorderslikediabetes,obesity,andhighbloodpressure,duetoimproperdiet.Theregionismoreinclinedtowardsconsumingjunkandprocessedfoodthataredevoidofnutrition,whichgivesrisetohealthdisorders.Additionally,thetrendofconsumingveganandlessprocessedfoodisleadingtoanincreasedintakeofdietarysupplementstotacklenutritionaldeficiencies.Additionally,SouthAfricaseemstobeapotentialmarket,intermsofproductionandconsumptionofdietarysupplements.ThegeneraltrendofmalnutritionandothernutritionaldeficienciesisseeninthepopulationintheSouthAfricanregion.Together,itdrivestheoveralldietarysupplementsmarket. • UK Dietary Supplements MarketGermany Dietary Supplements MarketFrance Dietary Supplements MarketChina Dietary Supplements Market • TopCompaniesintheDietarySupplementsMarket • SomeoftheLeading Players of dietary supplementsare: • KeyplayersinthismarketincludeNestle(Switzerland),Abbott(US),AmwayCorp(US),PfizerInc.(US),ADM(US),InternationalFlavors&Fragrance(US),OtsukaHoldingsCo.,Ltd(Japan),GlanbiaPLC(Ireland),GSKPLC.(UK),BayerAG(Germany),HerbalifeInternationalofAmerica,Inc.(US),Nature'sSunshineProducts,Inc(US),Bionova(Canada),ArkoPharma(France),AmericanHealth(US),PureEncapsulation(US),H&HGroup(HongKong),NuSkin(US),PowerGummies(India),BiomedicalResearchLaboratories(US),HealthKart(India),NutriScienceCorporation(US),Nature'sEssentials(US),andLifeExtension(US). • DietarySupplementsMarketStakeholders • Manufacturers of food products, beverages, and dietary supplements Manufacturers ofnutraceutical ingredients
Intermediary suppliers, such as traders and distributors of nutraceutical products • Government, research organizations, and institutions • World Health Organization (WHO) • Codex Alimentarius Commission (CAC) • Associations, regulatory bodies, and other industry-related bodies: • Food and Agriculture Organization (FAO) • United States Department of Agriculture (USDA) • Food Safety Council (FSC) • Food and Drug Administration (FDA) • European Food Safety Authority (EFSA) • Food Standards Australia New Zealand (FSANZ) • Dietary Supplement Health and Education Act (DSHEA) • International Probiotics Association • Indian Health Foods and Dietary Supplements Association (INHADSA) • DietarySupplementsMarketIndustryNews • In February 2023, Otsuka Pharmaceutical Co., Ltd. (Japan) partnered with Tokyo Marathon in order to provide health management support for approximately 38,000 participating runners and 80 race officials. This will increase public awareness focusing on the importance of exercise and nutrition which is part of the strategic development of the company. • In December 2022, Amway opened a Business Innovation Hub in Singapore in partnership with the Economic Development Board to meet evolving wellness needs in Asia. This strategic expansion helps Amway tap into the growing demand for tailored health and wellness solutions in the region, which is expected to boost the • company's sales and profitability. • In May 2022, Nestlé expands its presence in the Brazilian dietary supplement market through the acquisition of Puravida. This strategic move enhances Nestlé's supplement offering, strengthening its position and capturing growth opportunities in Brazil's thriving health and wellness industry. • RequestforSamplePages: • https://www.marketsandmarkets.com/requestsampleNew.asp?id=973 • DietarySupplementsIndustrySegmentation • Thisresearchreportcategorizesthedietarysupplementsmarket,basedontype,function,modeofapplication,targetconsumer,distributionchannel,andregion. • ByType • Botanicals • Vitamins • Minerals • Amino acids • Enzymes • Probiotics Other DietarySupplements
ByFunction • Additional Supplements • Medical Supplements • Sports Nutrition Supplements • ByModeofApplication • Tablets • Capsules • Liquid • Powder • Soft gels • Gel caps • ByTargetConsumer • Infants • Children • Adults • Pregnant Women • Elderly • ByDistributionChannel • Pharmacy • Supermarket/Hypermarket • Online • ByRegion • North America • Europe • Asia Pacific • South America • RoW • FormoreinformationaboutdietarysupplementsIndustry,visit:https://www.marketsandmarkets.com/Market-Reports/dietary-supplements-market-973.html