The report encompasses a thorough study of current situation of the global market along with several market dynamics Competitor analysis is one of the most important aspects of market research report which helps businesses decide upon the strategies by comparing them with the competitors. The use of newest and advanced tools and techniques used for this report makes it the finest in the class. Competitor strategies highlighted in this Global Wellness Supplements Market report mainly include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in this market.
The Global Wellness Supplements Market is expected to reach USD 384.30 Billion by 2025, from USD 204.72 million in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025.
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Major Market Competitors/Players:
Some of the major players operating in the global wellness supplement market are Life Extension, OPTAVIA, Beachbody, LLC, Nature’s Sunshine Products, Inc, Organo Gold., Thrive Life, LLC, Phytoscience Trévo, Oriflame Cosmetics AG, Melaleuca Inc, Shaklee Corporation, Arbonne International, LLC., Forever Living.com, L.L.C, Juice Plus+, Herbalife International of America, Inc, and Isagenix Worldwide LLC, Nikken Inc., Wellness Resources, Inc., The Daily Wellness Company, Otsuka Holdings Co. Ltd, Glanbia plc, Nestle, Nuskin, USANA Health Sciences, Inc. A and among others
Wellness supplements are the substances taken to add further nutritional value to the diet for enhanced health and to provide nutrients or non-nutrient substances, which are biologically beneficial.
The global wellness supplement market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wellness supplement market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
- Increasing awareness towards healthy lifestyles
- Increasing ageing population
- Raising disposable income in developing incomes
- Rising demands towards the healthy and cosmetic products
- Lack of traditional food categories
- High cost of supplement food products
- Regulatory issues
- Increasing incidence of health issues
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Customization of the Report
- The report includes the complete segmentation displayed above across all above mentioned countries
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
- The global wellness supplement market is segmented based on product and geographical segments.
- Based on product, the market is segmented into Dietary Supplements, Functional/Fortified Food & Beverages and Food intolerance products and Dermo-Cosmetic Skin Essentials. The dietary supplements segment is further sub-segmented on the basis of product into vitamin, minerals, proteins, and herbal supplement products. Functional/Fortified Food & Beverages is further segmented into Omega Fatty Acid Fortified Foods, Probiotic Fortified Food, Branded Iodinated Salt, Branded Wheat Flour, energy drinks, sports drinks, and fortified juices. Food intolerance products are further segmented into gluten free and lactose- free, diabetic food and other special milk products. Dermo-cosmetic skin essential is further segmented into anti-ageing food supplement, anti-cellulite and anti-acne supplements.
- Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
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