Market Synopsis
Competitive Market Growth, Size, Share and Forecast to 2027 for Online Dietary Supplement Market, By Type (Natural, Synthetic); By Constituents (Mineral (Magnesium, Zinc, Copper, Calcium, Iron, Others), Carotenoids, Omega-3 Fatty Acids, Vitamins (Vitamin A, Vitamin B6, Vitamin B12, Vitamin C, Vitamin D3, Vitamin K2-7, Others), Proteins And Amino Acids, Fiber, Probiotics, Others); By Application (Human Nutrition, Sports Nutrition); By Product Type (Tablets, Soft Gelatin Capsules, Gels, Bars, Powders, Liquid, Granules); By End User (Infants, Adolescents, Adults, Elderly);
Market Snapshot
The Online Dietary Supplement Market was valued US$ 12,328.0 Mn in 2021 and will grow at a CAGR of 15.80% for the forecast period of 2019-2027, as per the market research report by Absolute Markets Insights titled " Online Dietary Supplement Market
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Report Description Online Dietary Supplement Market.
Market Overview
Global online dietary supplement market was valued at US$ 12,328.0 Mn in 2019 and is anticipated to grow at a CAGR of 15.8% over the forecast period to reach US$ 39,816.5 Mn in 2027. High prevalence of illnesses across the global has increased awareness about health and fitness. More and more consumers are adopting modified diet plans with dietary supplements to achieve the0 desired goals.
Sedentary lifestyle of people has led to rise in prevalence of chronic and non-chronic diseases especially in low and middle-income countries across the globe. As per World Health Statistics 2020 report of World Health Organization (WHO) in 2016non-communicable diseases accounted for 71.0% of global deaths and 85.0% of the 15 million premature deaths (population between ages 30 and 70) occurred in low- and middle-income countries. Rise in prevalence of illnesses has fuelled awareness about health and fitness activities. Diet and nutrition are vital aspects in achieving and maintaining a good health throughout the entire life and they also occupy a prominent position in prevention of diseases. People use dietary supplements for a wide assortment of reasons. Some seek to compensate for diets, medical conditions or eating habits that limit the intake of essential vitamins and nutrients. While some people use dietary supplements to boost energy or to get a healthy sleep pattern. Recent outbreak of global pandemic COVID-19 has affected almost all countries across the globe and has further heightened the awareness for immunity, health and fitness. Online retail are safer mediums of shopping to avoid the spread of coronavirus infection. Online availability of dietary supplements is assisting a wider range of people to achieve healthy lifestyle amidst high prevalence of illnesses which is boosting the growth of online dietary supplement market across the globe.
The term Online Dietary Supplement Market is influenced by a number of variables, including forward/backward integration, economies of scale, the proportion of different distribution channels, elements influencing consumer behavior, such as brand loyalty, price, and accessibility of the product, capital investments, the regulatory environment, production rights and patents, marketing strategies, and other client preferences. The stakeholders in the industry will probably find this knowledge valuable, and it may even motivate them to take action.
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Online Dietary Supplement Market Competitive Landscape:
The prominent companies in the Online Dietary Supplement Market are:
Abbott Laboratories, Amway, Bodybuilding.com, BSN, DuPont, eVitamins, LLC, Gaspari Nutrition, Glanbia plc, Iovate Health Sciences International Inc., Jymsupplementscience.com, Labrada.com, Maximum Human Performance, NOW Health Group, Inc. (NOW Foods), Nutrex Research, ProSource, The Hut.com Limited (Myprotein), Universal Nutrition, Vitacost.com and Vitamin World USA Corporation amongst others.
Impact of COVID-19:
This article makes observations about COVID-19 consumer behavior, demand changes, shopping trends, supply chain restructuring, market forces dynamics, and significant government involvement. The new study offers further information, analysis, projections, and estimates regarding the market effects of COVID-19.
Reasons to Buy the Report:
- The fully updated, 405+ page books provide a comprehensive overview of the COVID-19 virus and pandemic. You can discover more about subjects like regional impact analysis, worldwide prediction, competitive landscape analysis, and size & share of regional markets by using industry data and expert interviews.
- Information on the market's size, key players, profitability analysis, SWOT analysis, historical and projected statistics, growth Porter's Five Forces analysis, revenue projections, industry trends, and financial ratios are all included in the free sample. Along with assessments from Absolute Market Insights for various countries and regions, the study also provides thorough analyses of the major variables influencing the market's growth.
- The Sample Report gives readers a competitive edge by providing more information on the main market participants, including their sales volume, corporate strategy, and revenue analysis.
Key Benefits of Global Online Dietary Supplement Market Report:
- Much work has been devoted to studying both the present and the future as part of the study of global Online Dietary Supplement Market trends.
The Global Online Dietary Supplement Market Growth Research Report offers comprehensive data on the Market Introduction, Market Summary, Global Market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and National levels.
- Studying global Online Dietary Supplement Market trends might help you find business prospects.
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Online Dietary Supplement Market Regional Insights
In 2018, North America region registered the highest share in global online dietary supplement market However, Asia Pacific region is anticipate to witness high growth rate over forecast period owing to rise in demand for dietary supplements from sports athletes. In recent years the sport of bodybuilding, which was popular in North American and European countries, is trending in Asian countries including India, South Korea, among others. Athletes participating in this sport create a high demand for dietary supplements to maintain a competitive physique. High presence of young population in these Asia Pacific countries have created high popularity for this sport thus, creating a huge demand for online dietary supplements. Also the retail e-commerce industry in the region is witnessing huge growth. Total retail e-commerce sales across Australia in 2018 was US$ 10.34 billion whereas Indian Ministry of Commerce & Industry states that in 2018 e-commerce industry witnessed a total investment of US$ 7.0 Billion. Growing online retail industry coupled with the high demand for dietary supplements are anticipated to propel the growth of Asia Pacific dietary supplement market in global online dietary supplement market over forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
The report provides a comprehensive examination of a number of factors, including the distribution of the Online Dietary Supplement Market in significant geographic areas. North America, Europe, Asia-Pacific, and Latin America are the key geographical emphasis areas of the study.
Why the Online Dietary Supplement Market Report is Beneficial?
- The Online Dietary Supplement Market study was constructed using a comprehensive and modern research approach.
- The study contains a large amount of data on the most current technological and product advancements in the Online Dietary Supplement Market and offers a complete analysis of the market competition for the Online Dietary Supplement Market.
- The numerous evaluations of how these upgrades may affect the ongoing growth of Online Dietary Supplement Market
In the research report for the Online Dietary Supplement Market study, extensive historical data and analysis are presented.
- The graphical data representations used in the Online Dietary Supplement Market report, such as bar graphs, statistics, pie charts, etc., make the report's insights obvious and simple to comprehend.
Online Dietary Supplement Market Segmentation:
Based on the makeup of the product and the intended use for which it is to be used, various divisions have been made within the Online Dietary Supplement Market market. The growth rate and market share of each market segment are assessed. The experts have also investigated prospective areas where the producers could make money in the ensuing years. Thanks to the accurate volume and value estimates provided by the geographical analysis, market participants can better understand the entire industry.
Global Online Dietary Supplement Market:
By Type
- Natural
- Synthetic
By Constituents
- Mineral
- Magnesium
- Zinc
- Copper
- Calcium
- Iron
- Others
- Carotenoids
- Omega-3 fatty acids
- Vitamins
- Vitamin A
- Vitamin B6
- Vitamin B12
- Vitamin C
- Vitamin D3
- Vitamin K2-7
- Others
- Proteins and Amino Acids
- Fiber
- Probiotics
- Others
By Application
- Human Nutrition
- Sports Nutrition
By Product Type
- Tablets
- Soft Gelatin Capsules
- Gels
- Bars
- Powders
- Liquid
- Granules
By End User
- Infants
- Adolescents
- Adults
- Elderly
Global Online Dietary Supplement Market by Region Online Dietary Supplement Market
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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