Dietary Supplements Market Analysis, Trend, Growth, Sales, Forecast 2023

The dietary supplements market is gaining popularity among the growing population owing to its associated health benefits on the global stage. Market Research Future, a firm which specializes in market reports related to the Food and Beverage sector among others, recently forecasted in its report on Global Dietary supplements Market Research Report- Forecast to 2023 that the market will demonstrate a significant growth during the forecast period.

Rising demand for functional food and beverages is also indicating the growth of dietary supplements. Moreover, continuous R&D in this field is expected to drive the dietary supplements market in the coming years. Additionally, strategic initiatives undertaken by the major market players will surge the growth of the market.

Dec 2017 The Council for Responsible Nutrition Foundation (CRNF) announced their commitment of an additional USD 735,000 over a three-year period to support the National Advertising Division (NAD) program dedicated to the review of dietary supplement advertisements to help ensure they are truthful and non-misleading.

Nov 2017 Dallas-based Rosewood Private Investments, the private equity arm of Caroline Hunt's estate, is taking a majority stake in an East Texas contract manufacturer of dietary supplements, sports nutrition and pet care products.

June 2017 The Council for Responsible Nutrition (CRN), continued their partnership with the American Conference Institute (ACI) on the fifth annual Legal, Regulatory, and Compliance Forum on Dietary Supplements, which took place in New York City at the Intercontinental New York Times Square on June 26 and 27 with additional workshops on June 28.

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Abott Laboratories (U.S.), Amway (Nutrilite) (U.S.), Bayer (Germany), BASF SE (Germany), E. I. Du Pont de Nemours and Company (U.S.), Archer Daniels Midland (U.S.), and Nutraceutics Inc. (U.S.) among many others.

Dietary supplements market is segmented into type, form, and distribution channel. Based on type, the market is segmented into vitamins, minerals, amino acids, and others. Among them, vitamins segment is witnessed to be dominating the market.

Since distribution channel, the market is segmented into store based and non-store based. Among them, the store-based distribution channel is dominating the market.

Browse the market data and information spread across 110 pages with 25 data tables and 15 figures of the report Dietary Supplements Market Research Report - Forecast to 2024 in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/dietary-supplements-market-1134

The global dietary supplements market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is dominating the dietary supplements market followed by Europe. In North America, the U.S. market is mainly driving the growth of dietary supplements owing to increasing consumption of functional foods among the health conscious population.

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