The global OTC vitamins and dietary supplements market reached a valuation of around US$ 90 Billion in 2021 and is slated to accelerate at a CAGR of 6% to top US$ 160 Billion by 2032. This noteworthy jump in market size is because worldwide sales of OTC Vitamin & Dietary Supplements are predicted to increase at a high-value CAGR of 6.0% over the next ten years.
The report presents a thorough analysis of diverse avenues in various segments of the OTC Vitamins and Dietary Supplements market during the tenure of 2022 – 2032. It provides data on the OTC Vitamins and Dietary Supplements market through various sections, such as key players, competitive landscape, opportunity assessment, regional segmentation, and application/ end-use analysis.
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Increasing awareness among consumers of the nutritive benefits & health advantages of these products and sales of vitamins & dietary supplements are expected to grow in emerging economies. OTC vitamins and dietary supplements market trends and rising disposable income and financial expansion have a significant impact on the performance of OTC vitamins & dietary supplements.
Growing emphasis on immune health and digestive health among common people and fitness enthusiasts has bolstered the demand for OTC vitamins & supplements in several regions. The new entrants are making significant developments and launching new products which compete with the popular products in the market. To gain a competitive edge, the new players are investing in the research and development of new dietary supplements to provide good immunity and eradicate vitamin deficiency.
Through this report, reader gets insights and assessments on following aspects:
- Latest guidelines in important sectors influencing the overall demand in the OTC Vitamins and Dietary Supplements market
- Detailed profiling of diverse companies operating in this market
- Important trends underlining high investments by top shareholders in diverse countries
- Shifting consumer preferences and latest trends in key industries
- Latest opportunities for investments in diverse technology and product/service types
- Varying demand and consumption of diverse product segments
Key Companies Profiled:
- Koninklijke DSM N.V.
- Reckitt Benckiser LLC
- Otsuka Holdings Co. Ltd.
- CSPC Pharmaceutical Group Limited
- Sanofi S.A.
- Atrium Innovations Inc.
- E. I. du Pont de Nemours and Co.
- Bactolac Pharmaceutical Inc.
- Dil Limited.
- GlaxoSmithKline plc.
- Pfizer Inc.
- Lonza Group Ltd
The insights and estimations offered in this report are the output of consistent research by Factmr analysts. The unique approach and effective guidance offered in this report will help stakeholders to comprehend the growth dynamics of the OTC Vitamins and Dietary Supplements market.
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This study offers all-inclusive data on:
- Important guidelines and standards implemented by government bodies together with spotlight on potential changes in the post-COVID period
- Study of policies in developed as well as developing countries to comprehend what aspects are important in assisting players to bounce back after COVID-19 outbreak
- Assessment of size and shares of important product segments
- Study of various technologies that are playing key role in fueling the demands in OTC Vitamins and Dietary Supplements market
- Synopsis of present and potential research and development activities by private OTC Vitamins and Dietary Supplements industry player as well as public institutions
- Detailed study of the monetary disruptions that are likely to stay for few months following the COVID-19 pandemic in the worldwide locations
- Technological advancements and healthcare infrastructures that will assist in comprehending the readiness of government bodies of diverse countries to handle such pandemic situation
Key Segments in OTC Vitamin & Dietary Supplements Industry Research
By Form :
- Liquid Supplements
- Powder Supplements
- Tablet Supplements
- Capsule Supplements
By Function :
- Immune health
- Digestive Health
- Heart Health
- Bone & Joint Health
By OTC Channel :
- Modern Trade
By Region :
- North America
- Middle East & Africa
- Latin America
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