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North America food supplement ingredients market will Gain 6.5% by 2024

Author : Rahul Sankrityayan | Published Date : 2019-04-01 

U.S. food supplement ingredients market demand may witness growth at over 7% by 2024. Growing occurrence of various chronic disease such as diabetes, heart attacks and arthritis will boost requirements for food supplement ingredients owing to their ample health benefits, driving industry growth. These products reduce the risk of fractures in arthritic individuals by reducing the amount of homocysteine in the body, which should stimulate market growth. 

Germany food supplement market from vitamin is anticipated to surpass USD 100 million by 2024. Growing adoption of these products owing to their consumption for maintaining overall health may drive the regional demand. Increasing trend towards self-medication owing to increasing awareness regarding OTC products may drive the regional industry growth.

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China food supplement ingredients from amino acid was valued at over 5 million in 2017. Sports is an essential part in Chinese culture which require various nutritional products to boost their overall performance. Amino acid aid in building muscle and reduce fat levels in the body maintain a balanced weight, which may drive the regional growth.

Food Supplement Ingredients Market is set to surpass USD 2 Billion by 2024; according to a new research report by Global Market Insights, Inc.

Increasing obesity rates among children and adults owing to change in lifestyle patterns and consumption of food products may drive the food supplement ingredients market demand. Increasing trend towards weight management among working professional group owing to hectic lifestyle may drive the product demand.

Food supplement ingredients requirement is rapidly growing owing to their rich nutrient content, of vitamins, iron, and minerals which are further required for balanced nutrition. Companies are highly engaged in marketing their food supplement products to athletes thereby increasing their sports performance. Well-trained and recreational athletes require these food and dietary supplements for improving performance and achieve a viable edge.

Vitamin B12 food supplement ingredient was valued at over USD 60 million in 2017. These are served as a supplement ingredient which can be taken in the form of tablets or powder. Significant vitamin B12 deficiency among geriatric population is creating a huge health concern where food supplements play a vital role in the production of DNA, nerves, and blood cells which is likely to stimulate market growth.

Food supplement ingredients from amino acid may register significant growth at over 4.5% by the end of forecast period. Amino acids are used by various gym professionals as they aid in muscle building and are considered essential in burning fats. These supplements also aid in improving sports performance for athletes, which may drive the product demand.

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Food supplement ingredients in capsule form was valued at over USD 155 million in 2017. Easy availability & absence of odor in capsules along with an upsurge in chronic diseases among the significant elderly population should promote the food supplement market growth of products in capsule forms.

Food supplement ingredients from pregnant women was valued at over USD 105 Million in 2017. Growing cases of delayed childbirths owing to a rise in the number of working women, disposable incomes, and growing prescription of prenatal vitamin supplements to improve embryo health should stimulate the product demand. Furthermore, these products offers various nutrients such as iron, folic acid, calcium, and iodine, which minimize the risk of neural tube defects at birth and fill dietary gaps in pregnant women, which should boost market growth.

Naturex, Nestle, Lonza, Herbalife Nutrition and Pfizer are key players in food supplement ingredients market. Introduction of new products and continuous enhancement in R&D may drive the industry growth.

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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