- Press Release
- Nutritional Supplements Market to Surpass US$ 436.1 Million by 2027
Nutritional Supplements Market to Surpass US$ 436.1 Million by 2027 - Coherent Market Insights
Published On : Dec 09, 2019
The global nutritional supplements market was valued at US$ 248.1 million in 2018, according to Nutritional supplements Market Report, by Ingredient (Vitamin, Protein, Fatty Acids, Botanical, Minerals, and Others), Form (Capsule, Powder, Tablet, Liquid, and Others), by Product Type (Dietary Supplements, Sports Supplements, Nutritional supplements, and Others), By Distribution Channel (Hypermarkets & Supermarkets, Pharmacy Stores, Online Channels, and Others), and by Region (North America, South America, Asia Pacific, Europe, and Middle East & Africa) published by Coherent Market Insights.
The global nutritional supplements market is expected to reach US$ 436.1 million by 2027, exhibiting a CAGR of 6.9% over the forecast period. Increasing demand for nutraceutical ingredients, which are commonly used in nutritional supplements, and demand for beauty supplements is driving growth of the nutritional supplements market.
According to the ’ analysis, the U.S. nutraceutical ingredients market was valued at US$ 5.83 billion in 2016, and is projected to increase to US$ 10.70 billion by 2025, witnessing a CAGR of 7.42% over the forecast period (2017-2025). More women are focusing on obtaining healthy skin, hair, nails, and others. Therefore, growing need to prevent premature skin aging, and preferences for effective and safe beauty solutions are expected to drive growth of the nutritional supplements market.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/nutritional-supplements-market-3128
Browse 138 market data tables* and 33 figures* on "Nutritional supplements Market” - Global forecast to 2027. Key Trends and Analysis of the Nutritional Supplements Market:
Key Takeaways of the Market:
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