Dietary Supplements in the age of Personalized Nutrition Market Research Report - Global Forecast till 2027

Dietary Supplements in the Age of Personalized Nutrition Market Information: Product Category (Vitamins, Herbs & Botanicals, Others), Application (Lifestyle Diseases, Inherited Disease and Others), Gender, Dosage Form (Tablets, Capsules, Others) and End-User – Global Forecast till 2027

ID: MRFR/Pharma/4248-CR | March 2018 | Region: Global | 166 pages         

Dietary Supplements in the Age of Personalized Nutrition Market

Dietary Supplements in the Age of Personalized Nutrition Market to register a CAGR of 6.84% and reach a value of USD 176.41 Billion by 2027.

Segmentation

By Product Category Vitamins Herbs & Botanicals Others
By Application Lifestyle Diseases Inherited Disease Others
By gender female male
By dosage form capsules powder liquids soft gels others

Key Players

  • Nestlé Health Science
  • Danone Nutricia
  • Carlyle Group
  • Amway (Nutrilite)
  • Archer Daniels Midland
  • Abbott Laboratories

Drivers

  • Changing food habits
  • stringent regulatory framework
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Dietary Supplements in the Age of Personalized Nutrition Market Scenario


Historically, dietary supplements in the age of personalized nutrition market has focused on promoting a specific specialty ingredient targeted at specific consumer health needs such as omega3 for heart health, lutein for eye care and others. Personalized nutrition offers manufacturers the chance to develop an ongoing relationship with consumers rather than a single transactional approach. Massive advancements in the dietary supplements preparation in the field of personalized nutrition along with the possibility of the superior drug formulation will uplift the Dietary Supplements in the age of Personalized Nutrition Market.


The dietary supplement in the age of personalized nutrition market has been identified as one of the fastest growing industries, owing to the changing food habits and stringent regulatory framework and the intense competitive rivalry among a plethora of public companies. Dietary supplements in the age of personalized nutrition are regarded as one of the most noteworthy changes in the healthcare sector because of its capability to provide improved drug delivery and better patient/individual treatment process. Massive advancements in the dietary supplements preparation in the field of personalized nutrition along with the possibility of the superior drug formulation will uplift the dietary supplements market


Dietary Supplements in the Age of Personalized Nutrition Market are expected to grow at a CAGR of 6.84% during the forecast period 2017-2023.


Segmentation


Dietary Supplements in the Age of Personalized Nutrition Market are segmented on the basis of Product Category, Application, Gender, Dosage Form and End User.


On the basis the product category, it is segmented into vitamins, herbs & botanicals, sports supplements, meal supplements, minerals and other.


On the basis of the application, it is segmented into lifestyle diseases, inherited diseases, genetic predispositions and others.


On the basis of the gender, it is segmented into female and male. Female and male is further segmented into various age groups, namely, 55 + age group, 35-54 age group, 19-34 age group, and 0-18 age group.


On the basis of the dosage form, it is segmented into tablets, capsules, powder, liquids, soft gels and others.


On the basis of the end-users, it is segmented into hospitals & clinics, home care, and others.


Dietary Supplements in the Age of Personalized Nutrition Market, By Product Category, 2016 (%)


 Dietary Supplements by product


Source: Council for Responsible Nutrition, FDA Center for Food Safety and Applied Nutrition Index, American Cancer Society, World Health Organization, Directorate of Industries, Expert Interview Market Research Future Analysis, Annual report, White paper, Company Presentation


Regional Analysis


Dietary Supplements in the Age of Personalized Nutrition Market, on the basis of region is divided into the Americas, Europe, Asia Pacific and the Middle East & Africa. The Americas accounted for the largest market share of 35.3% In 2016 for dietary supplements in the age of personalized nutrition market. This large share is majorly attributed due to presence of major manufacturers, high consumption of dietary supplements, rising awareness towards weight management, and various others. Europe account for the second largest market share, whereas Asia Pacific is expected to grow at the fastest rate with 7.55% CAGR for the forecast period. With lots of opportunity and continuously growing economies, the region is expected to be the fastest growing segment. Factors such as recent healthcare developments, improving economies, high aging population, and increased healthcare spending are influencing the growth of the Dietary Supplements in the age of Personalized Nutrition Market. The Middle East & Africa with less economic developments and extremely low income accounted for the least market share in 2016 but is expected to grow in coming future.


Key Players


Some of the key players in Dietary Supplements in the age of Personalized Nutrition Market are Nestlé Health Science, Danone Nutricia, Carlyle Group, Amway (Nutrilite), Archer Daniels Midland, Abbott Laboratories, Herbalife International, Amway, Danisco, Glanbia, Bayer AG, GlaxoSmithKline plc, Pfizer Inc., Balchem Corporation, Natures Product Inc., Bactolac Pharmaceutical Inc. and others.


Research Methodology


Source: World Health Organization, Centers for Disease Control and Prevention, expert interview market research future analysis, annual report, white paper, company presentation


Key Findings



  • Dietary Supplements in the Age of Personalized Nutrition Market was USD 100,741.2 Million in 2016

  • Vitamins are the largest segment, by product category which is projected to grow at a CAGR of 7.37% during the forecast period from 2017-2023

  • Female is the largest segment, by gender for the dietary supplements in the age of personalized nutrition and expected to grow at a rate of CAGR 7.39% during the forecast period

  • The tablets segment accounted for the largest market share with 27.7% for the dietary supplements in the age of personalized nutrition in the age of personalized nutrition market by dosage and is expected grow with a CAGR of 7.44% for the forecast period.


Intended Audience



  • Dietary Supplements in the age of Personalized Nutrition Manufacturers

  • Research and Development (R&D) Companies

  • Market Research and Consulting Service Providers

  • Potential Investors



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: USD 176.21 Billion
  CAGR   6.84% (2017-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product Category, Application and End-User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Nestlé Health Science, Danone Nutricia, Carlyle Group, Amway (Nutrilite), Archer Daniels Midland, Abbott Laboratories, Herbalife International, Amway, Danisco, Glanbia, Bayer AG, GlaxoSmithKline plc, Pfizer Inc., Balchem Corporation, Natures Product Inc., Bactolac Pharmaceutical Inc
  Key Market Opportunities   Massive advancements in the dietary supplements preparation in the field of personalized nutrition
  Key Market Drivers   Changing food habits and stringent regulatory framework


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