Health Supplements Market Research Report- Global Forecast till 2023

Health Supplements Market Research Report- Global Forecast till 2023

ID: MRFR/HC/1115-HCRR | January, 2018 | Region: Global | 85 pages | Half-Cooked Research Reports

Health Supplements Market Information: By Type (Dietary Supplements, Eye Health Supplements), By Application (Cardiology, Allergy), By Ingredients (Vitamins & Minerals, Botanicals, Amino Acids), By End User (Hospitals, Clinics) - Global Forecast till 2023 


Market Scenario


Today majority of the adults around the world consume health supplements to improve their health. Health supplement is a product that contains health ingredient such as vitamins, minerals, botanicals, amino acids, enzymes, and many other products in the form of tablets, capsules, softgels, gelcaps, liquids, or powders for adding further nutritional value to the body.


Health supplements help in reducing the risk of diseases, however it cannot not be assumed as a substitute of a complete meal, which is necessary for a healthy diet. Health supplements also help for the treatment of rheumatic disorders, cardiology, and allergy. Thus, wide range of applications boost the growth of global health supplements market. Additionally increasing concern towards improving the quality of health is fuelling the growth of heath supplements market across the globe. According to the report published by the Council for Responsible Nutrition, in 2015, around 68% of Americans take dietary supplements and 84% of Americans are confident about the safety, quality, and effectiveness of the supplements.


Factors influencing the market growth of health supplements are growing awareness about the functional benefits of health supplements, increasing urbanization and changing lifestyles, growing concerns about maintenance of health to avoid later treatment, ensuring adherence to recommended dietary requirements, treating illnesses, preventing occurrence of diseases, growing influence of media, friends, and relatives, developing retail and pharmaceutical industries, and rapid advancements in product offerings.


However, negative publicity and false commitment are some of the factors, which may hamper the market growth. Moreover, lack of awareness about dosage of the supplements to be consumed is expected to restrain growth of the dietary supplements market during the forecast period.


The global health supplements market is expected to grow at a CAGR of 7.8% during the forecast period, 2017-2023. 


Intended Audience



  • Pharmaceutical companies

  • Supplement companies

  • Research and Development (R&D) Companies

  • Medical Research Laboratories

  • Academic Medical Institutes and Universities


 Figure: Global Health Supplements Market, By Region Market Share, 2016 (%)

Health Supplements Market


Sources: Annual reports, Press release, White paper, Company presentation 


Segmentations


The global Health Supplements market is segmented on the basis of types, by application, by ingredients and by end user.


On the basis of the type, it is segmented into dietary supplements, body building supplements, eye health supplements, specialty supplements, and others.  


On the basis of the application, it is segmented into cardiology, rheumatic disorders, allergy, and others.  


On the basis of the ingredients, it is segmented into vitamins & minerals, amino acids, botanicals, enzymes, and others.  


On the basis of the end user, it is segmented into hospitals, clinics, research centers, and other.


Regional Analysis


The Americas dominate the global health supplements market owing to presence of major market players in this region, which are introducing quality products for capturing maximum market share. Additionally the government support for research & development and availability of funds for research is boosting the health supplements market. This is expected to continue to drive the Americas market over the forecasted period. For instance, countries like the U.S. and Canada are increasing their investments in the healthcare domain.


Europe holds the second position in the global health supplements market owing to availability of advanced products, increasing awareness about the benefits of health supplements, high healthcare spending, and increasing government support for research & development. Furthermore, increased R&D activities and the concentration of major companies in this region have fuelled the growth of this market.


Asia Pacific is the fastest growing health supplements market owing to the presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure. Moreover, due to increasing demand for quality products in countries like India and China, this region is likely to emerge as the fastest growing market across the globe.


On the other hand, in the Middle East and Africa, the market has a slow growth owing to lack of available funds and healthcare awareness. 


Key Players


Some of key the players in the market are Herblife International (U.S.), BASF SE (Germany), E. I. du Pont de Nemours and Company (U.S.), Glanbia plc (Republic of Ireland), Abbott Laboratories (U.S.), Alticor Inc. (U.S.), The Nature's Bounty Co. (U.S.), Bayer AG (Germany), GlaxoSmithKline Limited (U.K)


Research Methodology



Global Health Supplements Market



Sources: Annual reports, Press release, White paper, and Company presentation

Table of Content    

1.    Report Prologue    

2.    Market Introduction    


      2.1    Definition    

      2.2    Scope of the Study    

            2.2.1    Research Objective    

            2.2.2    Assumptions    

            2.2.3    Limitations    

3.    Research Methodology

      3.1    Introduction

      3.2    Primary Research    

      3.3    Secondary research    

      3.4    Market Size Estimation

4.    Market Dynamics

      4.1    Drivers    

      4.2    Restrains

      4.3    Opportunities    

      4.4    Challenges

      4.5    Macroeconomic Indicators

      4.6    Technology Trends & Assessment            

5.    Market Factor Analysis

      5.1    Porters Five Forces Analysis

            5.1.1    Bargaining Power of Suppliers    

            5.1.2    Bargaining Power of Buyers

            5.1.3    Threat of New Entrants    

            5.1.4    Threat of Substitutes    

            5.1.5    Intensity of Rivalry    

      5.2    Value Chain Analysis

      5.3    Investment Feasibility Analysis

      5.4    Pricing Analysis

6.    Global Health Supplements Market, by Type

     6.1    Introduction

      6.2    Dietary Supplements

            6.2.1    Market Estimates & Forecast, 2017-2023

      6.3    Body Building Supplements

            6.3.1    Market Estimates & Forecast, 2017-2023

      6.4    Eye Health Supplements

            6.4.1    Market Estimates & Forecast, 2017-2023

      6.5    Specialty Supplements

            6.5.1    Market Estimates & Forecast, 2017-2023

      6.6    Others

            6.6.1    Market Estimates & Forecast, 2017-2023

7.    Global Health Supplements Market, by Application

     7.1    Introduction

      7.2    Cardiology

            7.2.1    Market Estimates & Forecast, 2017-2023

      7.3    Rheumatic Disorders

            7.3.1    Market Estimates & Forecast, 2017-2023

      7.4    Allergy

            7.4.1    Market Estimates & Forecast, 2017-2023

      7.5    Others

            7.5.1    Market Estimates & Forecast, 2017-2023

8.    Global Health Supplements Market, by Ingredients

      8.1    Introduction

      8.2    Vitamins & Minerals

            8.2.1    Market Estimates & Forecast, 2017-2023

      8.3    Amino Acids

            8.3.1    Market Estimates & Forecast, 2017-2023

      8.4    Botanicals

            8.4.1    Market Estimates & Forecast, 2017-2023

      8.5    Enzymes

            8.5.1    Market Estimates & Forecast, 2017-2023

      8.6    Others

            8.6.1    Market Estimates & Forecast, 2017-2023

9.    Global Health Supplements Market, by End User

      9.1    Introduction

      9.2    Hospitals

            9.2.1    Market Estimates & Forecast, 2017-2023

      9.3    Clinics

            9.3.1    Market Estimates & Forecast, 2017-2023

      9.4    Research Centers

            9.4.1    Market Estimates & Forecast, 2017-2023

      9.5    Others

            9.5.1    Market Estimates & Forecast, 2017-2023

10.    Global Health Supplements Market, by Region

      10.1    Introduction

      10.2    Americas

            10.2.1    North America

                10.2.1.1    U.S.

                10.2.1.2    Canada

            10.2.2    South America

      10.3    Europe

            10.3.1    Western Europe

                10.3.1.1    Germany

                10.3.1.2    France

                10.3.1.3    U.K

                10.3.1.4    Italy

                10.3.1.5    Spain

                10.3.1.6    Rest of Western Europe

            10.3.2    Eastern Europe

      10.4    Asia Pacific

            10.4.1    Japan

            10.4.2    China

            10.4.3    India

            10.4.4    Australia

            10.4.5    Republic of Korea

            10.4.6    Rest of Asia Pacific

      10.5    The Middle East & Africa

            10.5.1    United Arab Emirates

            10.5.2     Saudi Arabia

            10.5.3    Oman

            10.5.4    Kuwait

            10.5.5    Qatar

            10.5.6    Rest of the Middle East & Africa

11    Company Landscape    

      11.1    Introduction    

      11.2    Market Share Analysis    

      11.3    Key Development & Strategies    

            11.3.1    Key Developments    

12    Company Profiles    

      12.1    Herblife International

            12.1.1    Company Overview    

            12.1.2    Product Overview    

            12.1.3    Financials    

            12.1.4    SWOT Analysis    

      12.2    BASF SE    

            12.2.1    Company Overview    

            12.2.2    Product Overview    

            12.2.3    Financial Overview    

            12.2.4    Key Developments    

            12.2.5    SWOT Analysis    

      12.3    E. I. du Pont de Nemours and Company    

            12.3.1    Company Overview    

            12.3.2    Product Overview    

            12.3.3    Financial Overview

            12.3.4    Key Development    

            12.3.5    SWOT Analysis    

      12.4     Glanbia plc

            12.4.1    Company Overview    

            12.4.2    Product/Business Segment Overview    

            12.4.3    Financial Overview    

            12.4.4    Key Development    

            12.4.5    SWOT Analysis    

      12.5    Abbott Laboratories

            12.5.1    Company Overview    

            12.5.2    Product Overview    

            12.5.3    Financial overview    

            12.5.4    Key Developments    

      12.6    Alticor Inc.

            12.6.1    Company Overview    

            12.6.2    Product Overview    

            12.6.3    Financial Overview    

            12.6.4    Key Developments    

      12.7    The Nature's Bounty Co.

            12.7.1    Overview    

            12.7.2    Product Overview    

            12.7.3    Financials    

            12.7.4    Key Developments    

            12.7.5    SWOT Analysis    

    12.8    Others

13    MRFR Conclusion    

      13.1    Key Findings    

            13.1.1    From CEO’s View Point    

            13.1.2    Unmet Needs of the Market    

      13.2    Key Companies to Watch    

      13.3    Prediction of Pharmaceutical Industry

14    Appendix



LIST OF TABLES


Table 1        Health Supplements Industry Synopsis, 2017-2023

Table 2        Global Health Supplements Market Estimates and Forecast, 2017-2023, (USD Million)

Table 3        Global Health Supplements Market by Region, 2017-2023, (USD Million)

Table 4        Global Health Supplements Market by Types, 2017-2023, (USD Million)

Table 5        Global Health Supplements Market by Application, 2017-2023, (USD Million)

Table 6        Global Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 7        Global Health Supplements Market by End User, 2017-2023, (USD Million)

Table 8        North America Health Supplements Market by Types, 2017-2023, (USD Million)

Table 9        North America Health Supplements Market by Application, 2017-2023, (USD Million)

Table 10     North America Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 11    North America Health Supplements Market by End User, 2017-2023, (USD Million)

Table 12    US Health Supplements Market by Types, 2017-2023, (USD Million)

Table 13    US Health Supplements Market by Application, 2017-2023, (USD Million)

Table 14    US Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 15    US Health Supplements Market by End User, 2017-2023, (USD Million)

Table 16    Canada Health Supplements Market by Types, 2017-2023, (USD Million)

Table 17    Canada Health Supplements Market by Application, 2017-2023, (USD Million)

Table 18    Canada Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 19    Canada Health Supplements Market by End User, 2017-2023, (USD Million)

Table 20    South America Health Supplements Market by Types, 2017-2023, (USD Million)

Table 21    South America Health Supplements Market by Application, 2017-2023, (USD Million)

Table 22    South America Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 23    South America Health Supplements Market by End User, 2017-2023, (USD Million)

Table 24    Europe Health Supplements Market by Types, 2017-2023, (USD Million)

Table 25    Europe Health Supplements Market by Application, 2017-2023, (USD Million)

Table 26    Europe Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 27    Europe Health Supplements Market by End User, 2017-2023, (USD Million)

Table 28    Western Europe Health Supplements Market by Types, 2017-2023, (USD Million)

Table 29    Western Europe Health Supplements Market by Application, 2017-2023, (USD Million)

Table 30    Western Europe Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 31    Western Europe Health Supplements Market by End User, 2017-2023, (USD Million)

Table 32    Eastern Europe Health Supplements Market by Types, 2017-2023, (USD Million)

Table 33    Eastern Europe Health Supplements Market by Application, 2017-2023, (USD Million)

Table 34    Eastern Europe Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 35    Eastern Europe Health Supplements Market by End User, 2017-2023, (USD Million)

Table 36    Asia Pacific Health Supplements Market by Types, 2017-2023, (USD Million)

Table 37    Asia Pacific Health Supplements Market by Application, 2017-2023, (USD Million)

Table 38    Asia Pacific Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 39    Asia Pacific Health Supplements Market by End User, 2017-2023, (USD Million)

Table 40    Middle East & Africa Health Supplements Market by Types, 2017-2023, (USD Million)

Table 41    Middle East & Africa Health Supplements Market by Application, 2017-2023, (USD Million)

Table 42    Middle East & Africa Health Supplements Market by Ingredients, 2017-2023, (USD Million)

Table 43    Middle East & Africa Health Supplements Market by End User, 2017-2023, (USD Million)



LIST OF FIGURES

Figure 1    Research Process

Figure 2    Segmentation for Global Health Supplements Market

Figure 3    Segmentation Market Dynamics for Health Supplements Market

Figure 4    Global Health Supplements Market Share, by Type 2016

Figure 5    Global Health Supplements Market Share, by Application 2016

Figure 6    Global Health Supplements Market Share, by Ingredients, 2016

Figure 6    Global Health Supplements Market Share, by End User, 2016

Figure 7    Global Health Supplements Market Share, by Region, 2016

Figure 8    America Health Supplements Market Share, by Country, 2016

Figure 9    Europe Health Supplements Market Share, by Country, 2016

Figure 10    Asia Pacific Health Supplements Market Share, by Country, 2016

Figure 11    Middle East & Africa Health Supplements Market Share, by Country, 2016

Figure 12    Global Health Supplements Market: Company Share Analysis, 2016 (%)

Figure 13    Herblife International.: Key Financials

Figure 14    Herblife International.: Segmental Revenue

Figure 15    Herblife International.: Geographical Revenue

Figure 13    BASF SE.: Key Financials

Figure 14    BASF SE.: Segmental Revenue

Figure 15    BASF SE.: Geographical Revenue

Figure 13    E. I. du Pont de Nemours and Company: Key Financials

Figure 14    E. I. du Pont de Nemours and Company: Segmental Revenue

Figure 15    E. I. du Pont de Nemours and Company: Geographical Revenue

Figure 13    Glanbia plc: Key Financials

Figure 14    Glanbia plc: Segmental Revenue

Figure 15    Glanbia plc: Geographical Revenue

Figure 13    Abbott Laboratories.: Key Financials

Figure 14    Abbott Laboratories.: Segmental Revenue

Figure 15    Abbott Laboratories.: Geographical Revenue

Figure 13    Alticor Inc..: Key Financials

Figure 14    Alticor Inc..: Segmental Revenue

Figure 15    Alticor Inc..: Geographical Revenue

Figure 13    The Nature’s Bounty Co..: Key Financials

Figure 14    The Nature’s Bounty Co..: Segmental Revenue

Figure 15    The Nature’s Bounty Co..: Geographical Revenue

Figure 13    Bayer AG: Key Financials

Figure 14    Bayer AG: Segmental Revenue

Figure 15    Bayer AG: Geographical Revenue