According to Goldstein Research, “Changing lifestyles and rising awareness about health benefits obtained from liquid dietary supplements, expected to impel the sales of liquid dietary supplements products.”
Majority of consumers prefer liquid dietary supplements to avoid medical treatments and as a chronic disease preventives.
Global liquid dietary supplements market is segmented into product types such as additional supplements, medicinal supplements and sports nutrition. Sports nutrition is the major segment of liquid dietary supplements majorly driven by the rising demand in sports nutrition products by the sports enthusiasts. Pure organic liquid protein supplements are in great demand as they ensure zero presence of banned athletic substances and provide whole clean nutrients.
Global liquid dietary supplements market valued more than USD 18.95 billion in 2016 and further the market is estimated to surpass USD 28.0 billion by the end of 2024. Further, the market is expected to expand at a CAGR of 4.2% over the forecast period i.e. 2016-2024. Geographically, North-America is the dominating region with more than 35.0% market share in global liquid dietary supplements market. Asia-Pacific is anticipated to be the fastest growing market over the forecast period owing to rising aging population, more health conscious consumers and development in e-commerce business.
Overall Health/Wellness Benefits: Major Boost
Trends among consumers towards preventive disease and healthy lifestyle to avoid expensive healthcare cost and to increase the longevity of healthy life span are expected to impel the growth of liquid dietary supplements market. Rising challenges for dietary supplements firms with regulatory bodies tightening the regulations for supplements and clean label vitamin and dietary supplements. Growing demand for plant based and animal based proteins expected to provide greater growth opportunities for global market players.
“Global Liquid Dietary Supplements Market Outlook 2024” contains detailed overview of the global liquid dietary supplements market in terms of market segmentation by product, by ingredients types, by end-users type, by, by distribution channel type.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global Liquid Dietary Supplements Market Report also includes provides competitive outlook of some of the major players of the global liquid dietary supplements market which includes profiling of companies such as DuPont, Abbott Laboratories, ADM, Carlyle Group, GlaxoSmithKline, Amway Inc., Arkopharma, Bayer etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global liquid dietary supplements market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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