DUBLIN--(BUSINESS WIRE )--The "Vitamin Supplements Market Size, Share & Trends Analysis Report By Type (Multivitamin, Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K), By Form, By Distribution Channel, And Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
The global vitamin supplements market size is expected to reach USD 71.37 billion by 2028. It is expected to expand at a CAGR of 6.2% from 2021 to 2028.
The market is predominantly driven by the growing awareness regarding the nutrition intake associated with health.
The nutraceutical industry is an evolving and dynamic sector, which offers novel opportunities to collaborate scientific discovery with the growing consumer interest in health-enhancing foods. It tracks and monitors consumer trends and relationships with mass distributors, thus the products developed in this industry are a response to direct demand. It is used to improve health, delay the aging process, prevent chronic diseases, increase life expectancy, and support the structuring and functioning of the body.
Awareness among consumers regarding health and wellness is shifting the trend toward the "Prevention is better than cure" ideology. This has resulted in more consumers relying on nutraceuticals, functional foods, and dietary and vitamin supplements to lead a healthy and disease-free life.
Nutraceuticals including vitamin supplements have received immense focus in the recent past owing to their nutritional and pharmaceutical benefits along with being safe for consumption without significant side effects. This has led to an explosive growth of the nutraceutical market across the globe.
Vitamin supplements are widely consumed as nutritional supplements across the world as they are useful in the treatment of various diseases and support overall immunity. The manufacturers operating in the market have witnessed an increase in demand due to the COVID-19 pandemic.
Vitamin Supplements Market Report Highlights
Chapter 3. Market Variables, Trends, and Scope
3.2. Penetration & Growth Prospect Mapping
3.5. Vitamin Supplements Market - Market Dynamics
3.6. Business Environmental Tools Analysis: Vitamin Supplements Market
3.7. Major Strategic Deals & Alliances
Chapter 4. Vitamin Supplements Market: Type Estimates & Trend Analysis
Chapter 5. Vitamin Supplements Market: Form Estimates & Trend Analysis
Chapter 6. Vitamin Supplements Market: Distribution Channel Estimates & Trend Analysis
Chapter 7. Vitamin Supplements Market: Regional Estimates & Trend Analysis
8.1. Key Global Players, Their Initiatives, & Its Impact on the Market
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900