Boston, MA -- (SBWIRE) -- 01/25/2016 -- Market analysis of dietary supplements

Technavios market research analyst predicts the global dietary supplements market to grow at a CAGR of 6% during the forecast period. The increased awareness of lifestyle diseases is one of the key drivers for the growth of this market. The sedentary lifestyles and a lack of balanced diet have resulted in an increased incidence of diseases such as stroke, heart disease, obesity, type two diabetes, and atherosclerosis. The dietary supplements offer a broad range of health benefits such as treating rheumatic disease, blood pressure, migraines, treating of arthritis and building up the immune system.

The growing R&D spending in the dietary supplements market is also expected to fuel the market growth during the forecast period. For instance, Nestle has 34 R&D centers across the globe and spends around 60% of its international budget on R&D in these facilities.

Product segmentation and analysis of the dietary supplements market

Get More Details on this Report and a Full Table of Contents at Global Dietary Supplements Market 2015-2019

Vitamins

Fish oil and omega fatty acids

Calcium

Combination dietary supplements

Minerals

Probiotic

Proteins

Ginseng

Eye health supplements

Vitamins dominated the market during 2014 with a market share of around 44% and is expected to reach a market value of around USD 33 billion by the end of 2019. The deficiency of vitamins causes decreased skin cell growth and skin differentiation. The number of people with a vitamin D deficiency, due to inadequate exposure to sunlight, is on a rise in the Scandinavian countries.

Geographical segmentation and analysis of the dietary supplements market

APAC

Europe

North America

ROW

APAC accounted for the largest market share of around 44% during 2014. The report predicts this region to maintain its market dominance until the end of 2019, growing at a rate of 6%. The increase in awareness about the need for proactive personal healthcare practices in this region is driving the market growth. APAC is also the largest market for vitamin supplements products.

Competitive landscape and key vendors

The global dietary supplements is fragmented with small and large vendors. The market is highly competitive and dominated by key vendors. Providers in this market compete on the basis of added health benefits, product differentiation, category extension, and innovation in product and application.

The key vendors in the market are

Amway

Danone

Bayer HealthCare

BASF

Glanbia

Nestl

Yakult

Other vendors in the market include DSM, American Health, The Himalaya Drug Company, GlaxoSmithKline, and Pfizer.

Key questions answered in the report include

What will the market size and the growth rate be in 2019

What are the key factors driving the global dietary supplements market

What are the key market trends impacting the growth of the global dietary supplements market

What are the challenges to market growth

Who are the key vendors in the dietary supplements market

What are the market opportunities and threats faced by the vendors in the dietary supplements market

Trending factors influencing the market shares of the APAC, Europe, North America, and ROW

What are the key outcomes of the five forces analysis of the global dietary supplements market

Technavio also offers customization on reports based on specific client requirement.

Related reports

Health Supplement Market in Malaysia 2015-2019

Global Dietary Fiber Market 2015-2019

Global Probiotics Market 2015-2019

Global Nutraceuticals Market 2015-2019

Global Bioactive Ingredients Market 2015-2019

Companies Mentioned in this Report: Amway, Danone, Bayer HealthCare, BASF, Glanbia, Nestle, Yakult, DSM, American Health, The Himalaya Drug Company, GlaxoSmithKline, and Pfizer.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Food research reports at Fast Market Research

You may also be interested in these related reports:

-Dietary Fibers Market - Global Trends & Forecast to 2020
-Insoluble Dietary Fiber Market - Global Trend & Forecast to 2019
-Nutraceutical Ingredients Market - Global Trends & Forecast to 2020
-Supplement Market in the US 2016-2020
-Global Dietary Fiber Market 2015-2019