Nutritional supplements comprise vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and several other connected products utilized to boost the nutritional content of the diet. The Nutritional supplements are utilized for several purposes. They can be added to the diet to boost entire health and energy; to deliver the immune system support and decrease the perils of illness and age-related conditions; to enhance the performance in athletic and mental activities; and to assist the healing procedure throughout illness and disease. However, most of such products are treated as food and not controlled as drugs are.
According to the report analysis, ‘Asia-Pacific Nutritional Supplements Market by Ingredient, Product Form, Application, End-user, Supplement Classification, Distribution Channel, and Country 2019-2026: Trend Forecast and Growth Opportunity’ states that the Asia-Pacific nutritional supplements market will increase at a 2019-2026 CAGR of 11.3% and become the greatest regional market with a share of 30.44% in worldwide scenario by 2026.
In addition, aspects such as increasing health concerns and the transforming lifestyles and dietary habits have been propelling the product requirement. A positive outlook toward the sports nutrition market is also amongst foremost driving aspects. An augment in the number of worldwide sports events emboldens athletes to aim on physical strength. An augment in the number of sports complexes and gymnasiums is also projected to drive the requirement for the dietary supplements.
Not only has this, the speedy urbanization and an augment in disposable income along with increasing awareness regarding health issues are the aspects expected to propel the market growth over the review period. Favorable outlook toward the medical nutrition on account of the growing prevalence of the cardiovascular syndromes and the number of weight management programs is projected to propel the requirement for dietary supplements during the forthcoming years.
Nutritional supplements support lead a healthier life by delivering the essential nutrients required for a healthy body. The Malnutrition of infants is a foremost crisis around developing countries. This aspect is projected to generate growth opportunities for the market players, specifically across the untapped markets of African and Asian countries. However, the market for this age group is calculated to enlarge at the lowest CAGR. Reinforcement to breastfeeding over dietary supplements may also restrict the requirement to an extent.
It is anticipated that the Asia Pacific region dominate the market of nutritional supplements owing to the increasing sales of royal jelly, green juice, blueberries, black vinegar, and chlorella in Japan due to growing demand for natural products is predicted to influence the growth over the review period. Fresh product launches by Amway and GSK focused at weight management amongst the athletes are predicted to further propel the growth. Nevertheless, the effective augment in the consumer awareness regarding the maintenance of good gut health coupled with a great prevalence of digestive health issues is predicted to drive the requirement for digestive health products over the review period. Therefore, in the near years, it is predicted that the market of nutritional supplements will increase around the globe more proficiently over the inflowing duration.
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Ankur Gupta, Head Marketing & Communications