Dublin, Jan. 26, 2024 (GLOBE NEWSWIRE) -- The "Dietary Supplements Market in North America 2024-2028" report has been added to ResearchAndMarkets.com's offering.
The latest comprehensive research reveals significant growth within North America's dietary supplements sector. Poised for an impressive expansion, the market expects to accelerate at a CAGR of 8.39% from 2023 to 2028. This upward trajectory highlights an anticipated growth of USD 20.44 billion over the forecast period.
Industry analysis suggests that the advancements are driven by critical factors such as the burgeoning popularity of online retail, an uptick in disposable incomes, and heightened consumer awareness regarding health supplements. This represents a substantial opportunity for market players operating in the dietary supplements space across North America.
The segmentation of the dietary supplements market reflects the diverse consumer preferences and includes:
- Offline distribution channels
- Online distribution channels
The product types analyzed within the sector extend to:
- Vitamins
- Fatty acids
- Combination dietary supplements
- Probiotics
- Others
The market study identifies the growing appetite for personalized nutrition as a major growth catalyst. A shift toward plant-based supplements and the introduction of innovative products and ingredients are also expected to invigorate the market considerably in the upcoming years.
This rigorous vendor analysis is poised to aid clients in enhancing their market positions. With a detailed examination of several leading companies within North America's dietary supplements sector, firms can strategize to harness growth opportunities presented by emerging market trends and challenges.
With a focus on thorough primary and secondary research, the report offers an in-depth analysis including profit metrics, competitive strategies, market promotions, and projections. By identifying key market influencers and presenting reliable data, the research paints a comprehensive picture of the dietary supplement landscape in North America.
The resultant market insights are designed to provide a multi-faceted understanding to stakeholders and market participants, underlining the landscape and competitive dynamics. This analysis aims to support decision-making processes and help in identifying strategic moves to capitalize on growth within the dietary supplements realm.
The expansive dataset and in-depth analysis constitute an invaluable resource for anyone seeking to understand the nuances of the dietary supplements market in North America and position themselves optimally in an increasingly competitive environment.
A selection of companies mentioned in this report includes
- AEGLE Nutrition
- BioTech Pharmacal
- Divine Design Manufacturing
- FoodScience LLC
- Gemini Pharmaceuticals
- Gummi World
- Life All Natural
- Life Solution
- Makers Nutrition LLC
- Organimed LLC
- Pharma Natural
- Pharmatech Inc.
- ROCKTOMIC LABS LLC
- Superior Supplement Manufacturing LLC
- Supplement Manufacturing Partner
- Twinlab Consolidated Corp.
- Veluca Inc.
For more information about this report visit https://www.researchandmarkets.com/r/tkansa
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