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Dietary Supplements in the age of Personalized Nutrition – Market Dynamics
The global dietary supplements in the age of personalized nutrition market are expected to grow at a CAGR of 6.90% during the forecast period 2017-2023. The global dietary supplement in the age of personalized nutrition market has been identified as one of the fastest growing industries, owing to the changing food habits and stringent regulatory framework and the intense competitive rivalry among a plethora of public companies. Dietary supplements in the age of personalized nutrition are regarded as one of the most noteworthy changes in the healthcare sector because of its capability to provide improved drug delivery and better patient/individual treatment process. 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 global dietary supplements market.
Historically, dietary supplements in the age of personalized nutrition market has focused on promoting a specific specialty ingredient targeted at specific consumer health needs such as omega3 for heart health, lutein for eye care and others. Personalized nutrition offers manufacturers the chance to develop an ongoing 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 global dietary supplements market.
Key Players:
Nestlé Health Science, Danone Nutricia, Carlyle Group, Amway (Nutrilite), Archer Daniels Midland, Abbott Laboratories, Herbalife International, Amway, Danisco, etc.
Regional Analysis:
Global dietary supplements in the age of personalized nutrition market, on the basis of region is divided into the Americas, Europe, Asia Pacific and the Middle East & Africa. The Americas accounted for the largest market share of 35.3% In 2016 for global dietary supplements in the age of personalized nutrition market. This large share is majorly attributed due to presence of major manufacturers, high consumption of dietary supplements, rising awareness towards weight management, and various others. Europe account for the second largest market share, whereas Asia Pacific is expected to grow at the fastest rate with 7.55% CAGR for the forecast period. With lots of opportunity and continuously growing economies, the region is expected to be the fastest growing segment. Factors such as recent healthcare developments, improving economies, high aging population, and increased healthcare spending are influencing the growth of the market. The Middle East & Africa with less economic developments and extremely low income accounted for the least market share in 2016 but is expected to grow in coming future.
Market Segmentation:
The Global Dietary Supplements in the Age of Personalized Nutrition Market are segmented on the basis of 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.
On the basis of the application, it is segmented into lifestyle diseases, inherited diseases, genetic predispositions and others.
On the basis of 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.
On the basis of the dosage form, it is segmented into tablets, capsules, powder, liquids, soft gels and others.
On the basis of the end users, it is segmented into hospitals & clinics, home care, and others.
Major TOC of Dietary Supplements in the age of Personalized Nutrition Market Research Report – Global Forecast till 2023
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Dietary Supplements in an Age of Personalized Nutrition Market, By Product Category
7 Global Dietary Supplements in the Age of Personalized Nutrition Market, By Application
8 Global Dietary Supplements in the Age of Personalized Nutrition Market, By Gender
9 Global Dietary Supplements in the Age of Personalized Nutrition Market, By Dosage Form
10 Global Dietary Supplements in the Age of Personalized Nutrition Market, By End user
11 Global Dietary Supplements in the Age of Personalized Nutrition Market, By Region
12 Company Landscape
13 Company Profiles
14 Conclusion
15 Appendix
Key Questions Answered In This Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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