Food Supplement and Drink Market Overview
Global Food Supplement and Drink Market size was valued at USD 5.65 Bn in 2023 and is expected to reach USD 10.13 Bn by 2030, at a CAGR of 8.70% forecast year.
The nutraceutical market includes functional foods, foods for medical purposes. And food supplements, supplements are often recommended by the doctors or pharmacist for the purpose of treatment or prevention. Supplement nutrition drink contains fats, proteins, carbohydrates, and added vitamins and minerals. Some may also contain added fibre. Supplemental drinks are designed to provide extra calories, protein, and other nutrients that are lacking when food intake is inadequate.
Food Supplement and Drink Market Report Scope and Research Methodology
As a people become more conscious of holistic well-being, the demand for personalized diets and supplement has increased significantly .the growing consumers health awareness rising disposable income across regions have encourages people to shift to personalized nutrition. The changing consumer preferences for health and wellness products have led to high demand for individually customized diets. There is an increasing trend of adopting a genetically based personalized diet due to consumers being more nutrition specific.
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Food Supplement and Drink Market Regional Insights
Asia Pacific dominated the dietary supplements industry and accounted for the largest revenue share of 34.91% in 2023, owing to the growing consumer base in countries including India, China, South Korea, and others. It is projected to witness a CAGR of 12.6% over the forecast period due to increasing expenditure on health-enhancing products in the region owing to growing per capita income.
Food Supplement and Drink Market Segmentation
This report forecasts revenue growth at global, regional and country levels and provides analysis of the latest industry trends and opportunities in each of the sub segments from 2024 to 2030. For this study, stellar market research has segmented the global Food Supplement and Drink Market report based on by parameters, distribution channel, applications, product type and objectives.
Food Supplement and Drink Market Key Players
Nestle
Amway
Abbot
Pepsi co
The coca cola company
unlilever
Johnson and johnson
glaxosmithkline
P and g
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Key questions answered in the Food Supplement and Drink Market are:
- What is Food Supplement and Drink?
- What was the Food Supplement and Drink market size in 2023?
- What is the growth rate of the Food Supplement and Drink Market?
- Which are the factors expected to drive the Food Supplement and Drink market growth?
- What are the different segments of the Food Supplement and Drink Market?
- What growth strategies are the players considering to increase their presence in Food Supplement and Drink?
- What are the upcoming industry applications and trends for the Food Supplement and Drink Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Food Supplement and Drink Market?
- What segments are covered in the Food Supplement and Drink Market?
- Who are the leading companies and what are their portfolios in Food Supplement and Drink Market?
- What segments are covered in the Food Supplement and Drink Market?
- Who are the key players in the Food Supplement and Drink market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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