According to a report from The Brainy Insights, the nutritional supplements market will rise from $360.2 billion to $688.9 billion by 2032.
Driven by a rising demand for wellness and health supplements, especially in the post-coronavirus era, the industry is expected to grow by a CAGR of 6.7 percent. According to the report, consumers are seeking out new ways to improve their overall health and well-being.
Supplemental nutrition has become an increasingly popular method especially in a world characterized by hectic schedules, little time and a growing reliance on fast food. Supplements are a practical means to make up for these inadequacies and to give people access to essential nutrients, according to The Brainy Insights.
Some of the key insights from the report include (from 2022):
The Asia Pacific region was the most significant market revenue share at 35.6 percent.
The functional foods and beverages category accounted for a market share at 56.1 percent.
The powder category accounted for a market share of 35.4 percent.
The adult category accounted for a market share of 24.8 percent.
The supermarkets and hypermarkets accounted for a market share of 42.3 percent.
For more information and to download the full report, visit www.thebrainyinsights.com.
According to a report from The Brainy Insights, the nutritional supplements market will rise from $360.2 billion to $688.9 billion by 2032.
Driven by a rising demand for wellness and health supplements, especially in the post-coronavirus era, the industry is expected to grow by a CAGR of 6.7 percent. According to the report, consumers are seeking out new ways to improve their overall health and well-being.
Supplemental nutrition has become an increasingly popular method especially in a world characterized by hectic schedules, little time and a growing reliance on fast food. Supplements are a practical means to make up for these inadequacies and to give people access to essential nutrients, according to The Brainy Insights.
Some of the key insights from the report include (from 2022):
The Asia Pacific region was the most significant market revenue share at 35.6 percent.
The functional foods and beverages category accounted for a market share at 56.1 percent.
The powder category accounted for a market share of 35.4 percent.
The adult category accounted for a market share of 24.8 percent.
The supermarkets and hypermarkets accounted for a market share of 42.3 percent.
For more information and to download the full report, visit www.thebrainyinsights.com.
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