Health Supplements Market Research Report- Global Forecast till 2023

Health Supplements Market Research Report- Global Forecast till 2023

ID: MRFR/HC/1115-HCRR | July, 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