Report ID: SQMIG35I2124
Report ID:
SQMIG35I2124 |
Region:
Global |
Published Date: February, 2024
Pages:
260
|
Tables:
69 |
Figures:
75
Asia Pacific has the largest market share. Nutritional food is a more established and refined concept in Asia Pacific, owing to rising consumer awareness and concerns about malnutrition. moreover, Because of the long history of traditional medicine associated with consumers, China and Japan are the regions which are leading markets. Additionally, the growing disposable income of the region's middle-class consumers allows them to spend more on such products to support their overall health. Government initiatives to address micronutrient deficiencies are driving growth in this market. The growing population in these countries contributes to the region's paediatric supplement sales growth. As a result, manufacturers are concentrating their efforts on developing novel vitamins and supplements to cater to all age groups of consumers in the region.
the Countries across North America, such as the United States and Mexico, have begun to accept healthy eating during their hectic work schedules. Consumer demographics are gradually shifting, and demand for various vitamins and supplements is increasing in these countries. Consumers are increasingly turning to fish oil and calcium supplements to help drive the region's market growth. The ageing population and increased consumer spending on health and wellness products in European countries are driving demand for vitamins and supplement products in this region. However, the market is strictly regulated by the region's various government regulations.
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Report ID: SQMIG35I2124