Global Wellness Supplements Growth Will Make a Huge Impact by 2024 | Axiom MRC
Axiom Market &
Research Published a Report on “Wellness Supplements Market, By Product Type,
End Users and Geography – Global Market Share, Trend Analysis & Forecast Up
To 2024” Wellness supplements are supplements which provide
added nutritional value to the diet, thus offering enhanced health.
Global Fermentation
Ingredients Industry Analysis:
These supplements comprise of minerals, herbs, amino acids,
vitamins, enzymes, and other substances that are supplemented to complete
dietary requirements or nutrition deficiency. Wellness supplements are mainly
found in the form of pills, capsules, powders, drinks, or energy bars.
Supplements such as herbal and botanical are sold as dietary supplements, which
are made up of herbs and botanical extracts and are regulated differently than
pharmacological drugs.
The global wellness supplements market is estimated and
forecasted in terms of revenue (USD million) generated by the global market.
The global wellness supplements market has gained remarkable growth due to
surging aging population and increasing focus on healthy lifestyles.
Development of low-cost wellness supplements and gradual shift towards newer
technologies & natural products are some of the opportunities which are
expected to fuel the growth of this market in coming years.
Global Fermentation
Ingredients Market Segmentation:
Analysis of Global Fermentation
Ingredients Market by Product
Type:
Based
on product type, the market is segmented into:
Dietary Supplements
Fortified/Functional Food & Beverages
Food Intolerance Products
Dermo-Cosmetic Skin Essentials.
Analysis of Global Fermentation
Ingredients Market by End Users:
Based on end users, the global wellness supplements market is
segmented into infant/ pediatric, adults and geriatric. Among various end
users, the adults segment held the largest share of the wellness supplements
market in 2017, due to rising awareness about wellness supplements and shifting
from reactive to proactive and predictive care among adults.
Analysis of Global Fermentation
Ingredients Market by Geography:
Global wellness supplements market is studied across the
countries of key regions such as, North America, Europe, Asia Pacific, and Rest
of the world. North America is accounted for the largest share in 2017,
followed by Europe and Asia-Pacific. Factors such as high awareness regarding
wellness and increasing prevalence of health problems are fuelling the growth
of wellness supplements in North America.
Leading Partners of
Global Fermentation Ingredients Market Industry:
global wellness supplements market include Abbott
Laboratories, Amway, Archer Daniels Midland Company, Glanbia PLC, GNC Holdings
Inc., Herbalife Ltd., Nature’s Bounty Co., Nestlé S.A., NU Skin Enterprises,
Inc. and Otsuka Holdings Co. Ltd. among others.
About Axiom MRC:
Axiom Market Research
& Consulting™ (also known as Axiom MRC), is a full-service market research
and data analytics firm, driven by a simple aim of providing key market
intelligence to companies to assist them in taking informed business decisions
pertaining to their marketing strategy, investments, new product launches,
market competition, consumer or end users, social media trends etc.
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