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Wellness Supplements Market worth 19.84 Billion USD by 2021

 



(Entertainment-NewsWire.com, November 02, 2017 ) Wellness supplements include such ingredients as vitamins, minerals, herbs, amino acids, and enzymes. Wellness supplements are marketed in forms such as tablets, capsules, soft gels, gel caps, powders, and liquids. Benefits of Wellness supplements include providing the body with vital substances and complementing the diet of humans with extra nutrients.

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Unlike drugs, supplements are not permitted to be marketed for the purpose of treating, diagnosing, preventing, or curing diseases. Inspite of their health benefits, they also pose a significant threat to your heath if consumed in excessive quantities. In addition to the consumed dietary supplements, wellness supplements also consist of specialty products for lactose intolerance, diabetic population and so on.

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The rise of the wellness supplements market in the Middle-East & Africa region is driven by the increasing health consciousness among the people. Consumers are realizing the benefits of preventive healthcare and are adopting healthier lifestyles. Supplements provide the extra boost that a balanced diet requires. This along with the rising aging population is driving the market forward. Intolerance to Lactose and Diabetes are two common problems that are also driving the market of wellness products. As for the constraints of the market, the high prices of the products are the major one. The stringent regulations regarding the manufacture and use of supplements also do not help in this respect.

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The Middle-East & Africa Wellness Supplements market is broadly classified based on products into Dietary Supplements such as Vitamin, Mineral, Protein and Herbal, Fortified Food & Beverages such as Omega Fatty Acid, Probiotic Food, Branded Iodinated Salt, Branded Wheat Flour, Energy Drinks, Sports Drinks and Fortified Juices, Food Intolerance Products such as Gluten-free, Lactose-free and Diabetic food and Dermo-Cosmetic Skin Essentials such as Anti-Aging, Anti-Cellulite and Anti-Acne Supplements. Based on geography, the Middle-East & Africa market is analyzed under Middle-East and Africa. The region is one that offers a lot of scope for development. As of now it is the smallest market globally but the developing economies of South Africa, UAE and Saudi Arabia offer promise for growth.

The major market players in the wellness supplements market are Nestle S.A. (Switzerland), Abbott Laboratories (U.S.), Amway (U.S.), Otsuka Holdings Co., Ltd. (Japan), Herbalife Ltd. (U.S.), Archer Daniels Midland Company (U.S.), Glanbia plc (Ireland), NBTY, Inc. (U.S.), GNC Holdings Inc. (U.S.), and Nu Skin Enterprises, Inc. (U.S.). Other players in the market include Grupo Omnilife (Mexico), Forever Living (U.S.), Pola, Inc. (Japan), Shaklee Corporation (U.S.), and Usana Health Sciences Inc. (U.S.).

Scope of the Report
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.


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