- Report ID: BMRC 799 | Number of pages: 200 | Publish Date: Feb 2020
Status: Published | Category: Healthcare | Delivery Timeline:
Wellness Supplements Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Wellness Supplements Market place for the forecast 2020– 2025
Globally, users are more and more realizing the advantages of preventive health over treatments, thus powering the general market.
Wellness supplements are materials that are aimed to add additional nutritional value to the meals for improved health. The demand for wellness supplements is predicted to see remarkable development in the coming future due to the rising cases of eating and health disorders. Wellness supplements are accessible in the form of different products such as food intolerance products, dietary supplements, beverages, fortified or functional food, and derma-cosmetic skin essentials.
The global wellness supplement market is divided by geographical and product segments.
By product, the market is divided into functional/fortified food & beverages, dietary supplements, dermo-cosmetic skin essentials, and food intolerance products. The dietary supplements section is additionally sub-divided by product into minerals, vitamin, herbal supplement products, and proteins. Functional/Fortified Food & Beverages is further divided into probiotic fortified food, omega fatty acid fortified foods, branded wheat flour, branded iodinated salt, sports drinks, energy drinks, and fortified juices. Food intolerance goods are further divided into lactose- free, gluten free, special milk products, and diabetic food. Dermo-cosmetic skin essential is further divided into anti-cellulite, anti-ageing food supplement, and anti-acne supplements.
By geography, the market is divided into 28 countries all over different geographies such as Europe, North America & South America, Middle East & Africa, and Asia-Pacific. Some of the major nations are Canada, U.S., France, Germany, Netherlands, U.K., Turkey, Switzerland, China, Russia, South Korea, India, Australia, Japan, Saudi Arabia, Singapore, Brazil, and South Africa, among others.
The major players included in the global wellness supplements market forecast are,
By Product Type:
By Fortified/Functional Food & Beverages
By Food Intolerance products
The Rising Health Consciousness Amongst Individuals All Over The Globe Is One Of The Major Factors Stimulating The Requirement For Wellness Supplements
The rising health consciousness amongst individuals all over the globe is one of the major factors stimulating the requirement for wellness supplements. Globally, users are more and more realizing the advantages of preventive health over treatments, thus showing a shift towards fit lifestyles. Moreover, the increasing awareness related to wellness goods is powering the market. The increasing aging population is also operating in favor of the market as elderly people have feeble immunity system generally. In addition to this, the increasing disposable revenue of users in developing nations is powering their sales in such areas, thus increasing the general market.
However, the high price related to producing wellness supplements is restricting their widespread usage. Moreover, the supplements’ commercialization follows strict rules, and hence, the altering regulatory rules are impacting negatively on the development of the market.
North America Will Add Up For A Considerable Share Throughout The Coming Period
Regionally, the major segments of the market are Asia Pacific, Europe, North America, and Rest of the World. North America will add up for a considerable share throughout the coming period. The increasing health consciousness among consumers, quickly developing geriatric population, and high consumer expending power are adding to the development of the market. The adoption of wellness supplements is noteworthy in the region as a huge number of major players are located in the region, specifically in the US. Asia Pacific is predicted to clock a solid pace of development during the coming period.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
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Wellness Supplements Market 2020 By Product Type (Dietary Supplements, Vitamin Supplements, Mineral Supplements, Protein Supplements, Herbal Supplements), By Fortified/Functional Food & Beverages (Omega Fatty Acids Fortified Food, Probiotic Fortified Food, Branded Iodinated Salt, Branded Wheat Flour, Energy Drinks, Sports Drinks, Fortified Juices) Forecast to 2025