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(Health-NewsWire.Net, September 11, 2015 ) The vitamin supplements market in the report includes vitamin supplements that are taken in different forms including capsule, pill, powder, granules, gel caps, tablet and liquid. The report includes the vitamin supplements offered by food and beverage, healthcare and personal care industry and consumed by adult women, adult men and elderly citizen.
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Key findings of Vitamin Supplements Market:
The vitamin supplements market is driven by growing elderly population, especially in the Asia-Pacific region.
Vitamin supplements market is expected to witness highest growth in personal care sector.
Asia-Pacific is likely to dominate the market in the forecasted period owing to increasing aging population.
India and China are expected to generate significant demand for vitamin supplements during 2014 - 2020.
Global vitamin supplements market is increasing mainly attributed to growing consciousness among consumer about preventative healthcare. Healthcare spend is increasing with the increasing research and development (R&D) expenditure. Due to the increasing cost of healthcare, people are turning towards supplement products, including vitamin supplements, for a healthy life.
Increasing expenditure on research and development conducted by healthcare industry is expected to increase the overall healthcare cost in the global market. Due to the increasing cost of healthcare, people are turning towards supplements products including vitamin supplements, as it provides various health benefits such as proper functioning of immune system (vitamin C), strengthening bone and joints (vitamin D), improving vision power (vitamin A) and various other benefits.
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The vitamin supplements market is highly fragmented with large number of multinational and regional players operating in the market.
Major Competitors: Some of the major competitors in the market include Glanbia plc, NBTY, Inc., Reckitt Benckiser Group plc, Archer Daniels Midland Company, E.I. du Pont de Nemours and Company, Royal DSM N.V., BASF SE, Integrated BioPharma Inc, Bayer AG, Pharmavite LLC, Nutraceutical International Corporation, Herbalife Ltd.
List of Table:
TABLE 1 Specific primary and secondary sources used for this publication
TABLE 2 Global vitamin supplements market snapshot (2014 and 2020)
TABLE 3 Various vitamin supplements and their benefits
TABLE 4 Drivers for the market: Impact analysis
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List of Figure:
FIG. 1 Vitamin Supplements Market- Market Scope
FIG. 2 Research Methodology For Vitamin Supplements Market
FIG. 3 Asia-Pacific urban population growth, 2000 – 2050 (Billion)
FIG. 4 Healthcare R&D expenditures, 2010 – 2012 ($b)
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