Dietary Supplements Market Investigated by MP Advisors in Cutting-Edge Study Now Available at MarketPublishers.com23 Jan 2015 • by Natalie Aster
LONDON – The increasing incidence of chronic diseases worldwide makes an emphasis on the need to find new solutions to prevent these diseases. Amid these proactive health solutions are various nutritional supplements (so called ‘Nutraceuticals’), offering a range of health and medical benefits.
The global nutraceuticals market witnessed robust growth during the recent years, driven by constantly increasing demand, product innovations, favorable regulatory conditions and also rising health awareness. The escalated competitive pressure is currently observed within the nutraceuticals market, with firms looking for new growth opportunities to expand in the functional food, beverage, and supplement (FBS) market sectors. The growth of nutraceuticals consumption volumes is attributed to such factors as the higher expectancy of life, inadequate nutrition and high incidence of lifestyles diseases.
In 2013, the value of the world dietary supplements market surpassed the USD 160 billion mark. The APAC region holds dominance in the worldwide market for dietary supplements, with Japan and China being the top country-wide markets in the region. As of 2013, Japan’s dietary supplements market was evaluated at around USD 40 billion.
Meantime, the dietary supplements market in India has also registered considerable growth in the last years, posting a CAGR of 18%. By the end of 2014, the country’s market exceeded the value of USD 2.4 billion.
New market research report “Dietary Supplements: World of Opportunities In the Indian Healthcare Market” developed by MP Advisors presents a detailed overview of the global and Indian dietary supplements market scenario.
The cutting-edge research study highlights the dietary supplements market performance (present and historical) globally and in India. Besides, the novel study gives access to wealth of comprehensive data on the dietary supplements as well as functional foods and beverages; discloses the updated statistics on production, demand and foreign trade volumes; describes the regulatory guidelines across the top country markets and also touches upon the key factors driving and constraining the market growth. The cutting-edge report sheds light on the key therapeutic areas propelling the nutraceuticals market growth and discusses the major dietary supplements industry related issues and concerns. Furthermore, the report includes detailed profiles of the major companies engaged in the dietary supplements industry as well as outlines the most promising market opportunities.
Dietary Supplements: World of Opportunities In the Indian Healthcare Market
Published: January, 2015
Price: US$ 2,000
More cutting-edge market research reports by the publisher can be found at MP Advisors page.