Categories
Pharmaceutical

OTC Vitamins And Dietary Supplements Market Outlook, Global Demand And Rising Trends -2022 – 2031 : FactMR

As per latest industry analysis published by Fact.MR, the global OTC vitamins and dietary supplements market reached a valuation of around US$ 90 Bn in 2020, and is slated to accelerate at a CAGR of 6% to top US$ 160 Bn by 2031. Demand for capsules is set to increase at a CAGR of 5% across the assessment period of 2021 to 2031. The Demand analysis of OTC Vitamins And Dietary Supplements Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of OTC Vitamins And Dietary Supplements Market across the globe.

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Key Segments in OTC Vitamins and Dietary Supplements Industry Research

  • Form

    • OTC Vitamins & Dietary Liquid Supplements
    • OTC Vitamins & Dietary Powder Supplements
    • OTC Vitamins & Dietary Tablet Supplements
    • OTC Vitamins & Dietary Capsule Supplements
  • Function

    • OTC Vitamins and Dietary Supplements for Immune health
    • OTC Vitamins and Dietary Supplements for Digestive Health
    • OTC Vitamins and Dietary Supplements for Heart Health
    • OTC Vitamins and Dietary Supplements for Bone & Joint Health
  • OTC Channel

    • Sales of OTC Vitamins and Dietary Supplements at Pharmacies
    • Online Sales of OTC Vitamins and Dietary Supplements
    • Modern Trade Sales of OTC Vitamins and Dietary Supplements

A comprehensive estimate of the OTC Vitamins And Dietary Supplements market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of OTC Vitamins And Dietary Supplements during the forecast period. Price point comparison by region with the global average price is also considered in the study.

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Some Notable Offerings by Fact.MR Report on OTC Vitamins And Dietary Supplements market:

  • We will provide you an analysis of the extent to which this OTC Vitamins And Dietary Supplements market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Some of the OTC Vitamins And Dietary Supplements Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in OTC Vitamins And Dietary Supplements and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of OTC Vitamins And Dietary Supplements Market .
  • Insights about adoption of new technologies and its influence on the OTC Vitamins And Dietary Supplements market Size.
  • Overview of the impact of COVID-19 on OTC Vitamins And Dietary Supplements Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of OTC Vitamins And Dietary Supplements Market during the forecast period.

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After reading the Market insights of OTC Vitamins And Dietary Supplements Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total OTC Vitamins And Dietary Supplements market revenue.
  • Study the growth outlook of OTC Vitamins And Dietary Supplements market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of OTC Vitamins And Dietary Supplements market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of OTC Vitamins And Dietary Supplements Market Players.

How Fact.MR Assists in Making Strategic Moves For OTC Vitamins And Dietary Supplements Market Manufacturer?

  • The data provided in the OTC Vitamins And Dietary Supplements market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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Categories
Pharmaceutical

Demand for Over The Couter Vitamins and Dietary Supplements Is Set to Expand at 6.7% CAGR By 2022

According to the recently conducted study by Fact.MR, the global demand for OTC vitamins and dietary supplements is set to expand at 6.7% CAGR during the forecast period (2017-2022) to surpass a valuation of US$ 97,688 Mn.

OTC vitamin and dietary supplement products. Over-the-counter (OTC) vitamins and dietary supplements are sold directly to consumers without any medical prescription. In many countries, OTC vitamins and dietary supplement products are regulated to ensure that they are effective and safe when used.

Drug regulatory bodies allow manufacturers to formulate vitamin ingredients or combination of ingredients that are well tolerated and do not pose any risk of side effects or reactions.  In recent years, the healthcare sector has witness exponential growth, which has reflected positively on the global market for OTC vitamins and dietary supplements.

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Sales of such products have also increased in emerging countries such as China, India and Brazil primarily owing to the growing consumer awareness regarding the health benefits of such products. Convenience of direct purchase, cost-efficiency and growing trends of self-treatment are additional factors expected fuel the growth of the market. Moreover, manufacturers are also concentrating on developing advanced product formulations in order to improve their functionalities.

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Market Segmentation

Global OTC Vitamins and Dietary Supplements Market Size and Forecast By Function

  • Immune Health
  • Digestive Health
  • Heart Health
  • Nutrition
  • Bone & Joint Health
  • General Well being
  • Weight Loss

Global OTC Vitamins and Dietary Supplements Market Size and Forecast By OTC Channel

  • Pharmacy
  • Drug Store
  • Modern Trade
  • Online Store
  • Other Retail

Global OTC Vitamins and Dietary Supplements Market Size and Forecast By Product Form

  • Liquid
  • Capsule
  • Tablet
  • Powder

Global OTC Vitamins and Dietary Supplements Market Size and Forecast By Region 

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

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Following insights from Fact.MR’s report on the global OTC vitamins and dietary supplements market will be crucial for market’s future growth

  • Among regions, North America is expected to remain one of the most lucrative market for OTC vitamins and dietary supplements between 2017 and 2022. The region currently commands for the highest value share of the global market as demand for various OTC drugs is on the rise particularly in the U.S. Asia Pacific excluding Japan (APEJ) is also projected to emerge as an attractive market for OTC vitamins and dietary supplements over 2022. In terms of revenue, the market in Europe is anticipated to command for over 31% share of the global market, by 2017-end.
  • On the basis of functions, OTC vitamins and dietary supplements are being used majorly for maintaining general well-being of the body. The general well-being segment accounts for a large percentage of the overall market revenue.
  • In 2017 and beyond, pharmacies will continue to be the top OCT channel for sales of OTC vitamin products including capsules and tablets. Over one-fourth revenue share of the global market is currently captured by the pharmacy OTC channel segment. Though, this OTC channel segment is expected to lose a small fraction of its revenue share over 2020, mainly due to emergence of new OCT channels such online retail and modern trade.
  • Sales of capsule based OTC vitamins and dietary supplements will continue to remain strong during the forecast period. By 2022-end, nearly US$ 32,891 Mn worth capsules are estimated to be sold across the globe.

For More Insights
https://www.biospace.com/article/implementation-of-novel-methods-for-active-pharmaceutical-ingredients-production-driving-contract-pharmaceutical-fermentation-services-market-fact-mr/

OTC vitamins and dietary supplements market include

  • Koninklijke DSM N.V.
  • Reckitt Benckiser LLC
  • Otsuka Holdings Co. Ltd.
  • CSPC Pharmaceutical Group Limited
  • Sanofi S.A.
  • Atrium Innovations Inc.
  • E. I. du Pont de Nemours and Co.
  • Bactolac Pharmaceutical Inc.
  • Dil Limited.
  • GlaxoSmithKline plc.
  • Pfizer Inc.
  • Lonza Group Ltd.

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions.We have offices in US and Dublin, whereas our global headquarter is in Dubai.While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise.Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed.
Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com