Dietary supplements provide nutrients to human body and are intended to have biological beneficial effect. Supplements that generally include vitamins, fiber, minerals, amino acids or fatty acids, among other substances. Mineral and vitamin supplements are among the most commonly used dietary supplement by adults and children. However, dietary supplement do not provide protection against diseases. Moreover, dietary supplements may be developed in many forms, which include drinks, powders, pills and energy bars. Dietary supplements are commonly found in pharmacies, supermarkets, health food shops and on the internet. Rising use of dietary supplements by men, women, children and senior citizens makes the market more demanding. However, consumption of supplements in high amounts may result in undesirable effects such as diarrhea, fatigue, hair loss and may also cause severe side effects such as nerve damage, kidney stones and in a few rare cases may even cause death. Increasing consumer awareness regarding healthcare, has created a rapid advancement in diet supplement products market. Changing lifestyle and rising urbanization are also one of the major factors augmenting the growth of diet supplements product market during the projection period of 2017-2025.
Dietary supplements provide several benefits among consumers. Some of the benefits include providing essential nutrients to the human body and maintaining muscle mass. Adoption of dietary supplement products by men and women and their rising awareness towards nutrition, weight loss and calorie reduction creates a huge market growth opportunity for global diet supplement market. Moreover active lifestyle and increasing consciousness towards protein benefits are expected to promote the use of diet supplement products. Additionally, increasing investment by dietary supplement manufacturers for development of products are expected to augment the market growth of diet supplements over the next eight years.
Major applications of diet supplement products mentioned in the report includes sports nutrition, general wellbeing, bone and joint, heart health, immune and digestive health, and other requirements. The diet supplement market in report is segmented by ingredients which include vitamins, enzymes, amino acids and minerals. Moreover, on the basis of distribution channel, the market has been segmented as hypermarkets/ supermarkets, health and beauty stores, direct selling and internet. Further down, the diet supplement market has been segmented by end-use which includes infants, men, women, pregnant and lactating women, senior citizen and others. The global diet supplement market has been moreover segmented geographically into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
Rising focus on health benefits across the globe propels the growth of diet supplement market. Product development and huge expenditure by leading vendors has made the market more demanding in recent years. However, false product claims and negative publicity are some of the factors expected to hamper the market growth of diet supplement products in near future. , lack of understanding about consumption of supplement dosage is expected to hinder the growth of the diet supplement market during the projection period.
Some of the major players in the global diet supplement market include BASF SE, Amway Enterprises, Glanbia PLC, Bayer AG, GlaxoSmithKline Limited and more.
Global Diet Supplements Market: By Ingredients
Global Diet Supplements Market: By Distribution Channel
Global Diet Supplements Market: By End-Use
Global Diet Supplements Market: By Applications
Global Diet Supplements Market: By Geography