The Dietary supplements include vitamins, minerals, probiotics, herbs, protein and amino acids. They come in many forms like pills, powders, liquids, chips, biscuits and bars that can eat or drink. Most of the people take dietary supplements to fill in the nutritional gaps in their diet. Others supplements in hopes of preventing most of the disease or achieving specific wellness goals. The evidence whether dietary supplements are effective is mixed. There’s a huge variety of dietary supplements on the market from Retinol to zinc and everything in between that aim to address a spectrum of health conditions Dietary habits. Following a restrictive diet such as a keto or vegan diet increases chances of nutrient deficiencies. Lifestyle factors like travel a lot, work long hours, or live somewhere without access to a wide variety of nutritious foods. Physical considerations like should not be able to eat or digest certain foods and need another method of getting nutrients, pregnant or breastfeeding often need supplements. Some Certain medical conditions also increase the chances of developing nutrient deficiencies. For example, people with type 2 diabetes are more likely to be deficient in nutrients like cyanocobalmin and magnesium Personal health history. Mineral deficiency will address a particular health challenge. The Food Drug Administration does not regulate dietary supplements in the same way as drugs instead; it regulates them in a similar way to food. This means it does not have the authority to weigh in the safety or effectiveness of a supplement. That responsibility is left to the supplement maker. According to the report title “Asia-Pacific Dietary Supplements Market Outlook, 2027”, published by Bonafide Research, The Asia-Pacific dietary supplements market size was valued at USD 51.99 Billion in 2021 and is expected to expand at a CAGR of more than 10% from 2022 to 2027.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
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Covid impact During this covid-19 pandemic, everyone is susceptible for becoming a carrier of Corona virus, but it is especially affecting those who have low immune systems such as senior citizens, above 40 ages. The Health organizations across the world are reporting the best practices to limit transmission and advising citizens on ways to enhance their immune system. These suggestions include getting a good night sleep, maintaining a healthy diet, exercising moderately, and taking dietary supplements. Because of the high awareness of regarding boosting the immune systems many consumers are more focused towards the consumption of dietary supplements which has lead in increase in the sales of the dietary supplements market. Major Companies present in the market: Herbalife Nutrition, AMWAY Corp., Bayer AG, Pfizer Inc., GlaxoSmithKline plc., Abbott Laboratories, Glanbia plc, Archer Daniels Midland Company, Nu Skin Enterprises, Inc., Bionova Lifesciences, The Bountiful Company, Nature’s Sunshine Products, Inc., Otsuka Holdings Co., Ltd., Stepan Company, DSM, State Mines, Surya Herbal Ltd., BASF SE Considered in this report • Geography: Asia-Pacific • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027
Aspects covered in this report • Asia-Pacific Dietary Supplements Market with its value and forecast along with its segments • Country wise Dietary Supplements market analysis • Application wise Dietary Supplements distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report • China • Japan • India • Australia • South Korea Based on type of dietary supplementsin the report: • Vitamins • Minerals • Botanical/herb supplements • Amino acid & proteins • Probiotics • Others Based on formulation type of dietary supplementsin the report: • Tablets • Capsules • Powder • Liquid • Others Based on end user of dietary supplementsin the report: • Adults • Infant/Children • Pregnant women • Others Based on application type in the report: • Energy & weight management • Bone & joint health • Immunity & digestive health • General health • Cardiac health • Others Based on distribution channel type in the report: • Pharmacies & Drug stores • Supermarkets & Hypermarkets • Online retails • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to pharmaceutical industry, food & beverage industry, cosmetic industry, nutrition industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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