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The U. S. dietary supplements in the age of personalized nutrition market is expected to grow at a CAGR of 7.95% during the forecast period 2017-2023.
The recent market developments has necessitated a ‘see through’ approach so as to avoid the slippery slope generated by the changing paradigms resulting from the powerful forces of economy, business models, competition and others. “Market Research future” presents its latest report titled “U. S. Dietary supplements Market –forecast till 2023” to help clear the blur resulting from these developments and to give the reader a clear picture of the possibilities and nuisances lying ahead!
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.
Taste the market data and market information presented through more than 20 market data tables and figures spread over 76 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “dietary supplements market research report–U.S. forecast till 2027.”
Major Players in the dietary supplements Market:
Some of the key players in this market are 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.
The U.S. dietary supplements in the age of personalized nutrition market is segmented into four major regions including South, Northeast, Midwest, and West.
The U. S. dietary supplements in the age of personalized nutrition market has been identified as one of the fastest growing industries, owing to the growing demand for health and wellness products, increasing awareness and incidence of lifestyle-related diseases, ageing population, increasing urbanization, rising income and GDP, and consumerism. The ageing baby boomer population is expected to be the drivers of the dietary supplements product due to their large numbers and spending power which is expected to shift spending in healthcare towards dietary supplements. Their impact is visible in the growth rate of approximately 7% from 2010-2016.
The U. S. dietary supplements market in the age of personalized nutrition market is 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.
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.
CHAPTER 1. REPORT PROLOGUE
CHAPTER 2. MARKET INTRODUCTION
CHAPTER 3. RESEARCH METHODOLOGY
CHAPTER 4. MARKET DYNAMICS
CHAPTER 5. MEGA TRENDS
CHAPTER 6. MARKET FACTOR ANALYSIS
CHAPTER 7. THE U.S. DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION MARKET, BY PRODUCT CATEGORY
CHAPTER 8. THE U.S. DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION MARKET, BY APPLICATION
CHAPTER 9. THE U.S. DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION MARKET, BY GENDER
CHAPTER 10. THE U.S. DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION MARKET BY DOSAGE FORM
CHAPTER 11. THE U.S. DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION MARKET BY END-USER
CHAPTER 12. THE U.S. DIETARY SUPPLEMENTS IN THE AGE OF PERSONALIZED NUTRITION MARKET BY REGION
CHAPTER 13. COMPANY LANDSCAPE
CHAPTER 14. COMPANY PROFILE
CHAPTER 15. CONCLUSION
CHAPTER 16. APPENDIX
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