Nutraceutical Supplements Market Prediction Based on Industry Demand and Trends

Posted by Arslan on July 23rd, 2019

The purpose of this comprehensive forecast report presented by Fact.MR is to elaborate the various market projections impacting the global dietary supplements market trends during the period through 2018-2027. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the nutraceutical supplements market during the forecast period.

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Competitive Landscape - Key Highlights

  • Abbott Laboratories completed the acquisition of Alere Inc. in 2017. As per the terms of the deal, Alere becomes a subsidiary of Abbott. This acquisition was in line with the Abbott’s strategy of garnering leadership across key business segments and geographies.
  • Glanbia Plc. signed an agreement with Slimfast, a leading health & wellness and weight management brand, in the year 2018. This acquisition complements the existing portfolio of the company and is likely to play a key role in expansion of its nutrition portfolio.
  • Amway acquired XS Energy, a California-based energy drink and snacks brand, in the year 2015. This acquisition was viewed as a strategic move by Amway to leverage the approach of XS apropos of connection with young entrepreneurs.
  • On 31 March 2015, Koninklijke DSM N.V. (DSM) entered into the space of B2C personalized nutrition market with an investment in Mixfit Inc., a privately-held personalized nutrition solution start-up based in Boston, MA.

The forenamed companies have been profiled in the nutraceutical supplements market report, wherein crucial aspects related to them such as revenue growth, key developments, and regional presence have been elaborated in detail.

Tier 1 Players Hold 40-45% Revenue Share; Market Heading Towards Consolidation

Market leaders or tier 1 players of the nutraceutical supplements market account for around 40-45% of revenue share, with primary focus on expansion of manufacturing facilities and strategic alliances with key distributors. While the mid-level or tier 2 players emphasize on intensifying their regional presence, the emerging or tier 3 players remain highly oriented toward specific product segments and volume sales enhancement.

The nutraceutical supplements market is heading toward a phase of consolidation, with tier 1 players extensively emphasizing on product innovations and developments. Moreover, the tier 1 players’ constant pursuit for growth makes them to consistently focus on expansion of regional presence and solidification of product portfolios.

Consumer Demand for Specialty Ingredients to Grow

With the evolving definition of health and wellness, an increasing preference of specialty ingredients is gaining center stage in the nutraceutical ingredients market space.  The customer inclination toward specialty ingredients tends to get strong eventually, owing to multiple benefits such as upgraded health, improved taste and texture, and enhanced shelf life.

Nutraceutical Supplements Market- Additional Questions Answered

Apart from the aforementioned intelligence on nutraceutical supplements market, the research study on nutraceutical supplements market also addresses some of the crucial questions on nutraceutical supplements market. Some of the additional questions on nutraceutical supplements are-

  • What differential strategies are being adopted by the manufacturing companies of nutraceutical supplements?
  • What are the humongous challenges encountered by manufacturers in the nutraceutical supplements market space?
  • Which is the highly preferred type in terms of consumption amid the consumers of nutraceutical supplements?
  • How do the key players balance the demand-supply equation along with the influencing trends emerging in nutraceutical supplements market space?
  • What are the highly prevalent trends and opportunities in the nutraceutical supplements market landscape?

Nutraceutical Supplements Market-Research Methodology

A constructive research methodology has been adopted to garner unique insights and intelligence on nutraceutical supplements market and growth of nutraceutical supplements market for the forecast period of 2018-2027. The growth prospects and dynamics of nutraceutical supplements featured in the nutraceutical supplements market report have been procured from primary and secondary research methods conducted with utmost diligence for nutraceutical supplements market.

The compelling and actionable insights on the nutraceutical supplements market included in the nutraceutical supplements report have been obtained by conducting interactive sessions with a panel of industry leaders, investors, and researchers. The information in the nutraceutical supplements market report has been obtained via a meticulous research methodology process, wherein intelligence included in line with the current situation and futuristic course of nutraceutical supplements market growth.

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