Nutritional items are those that either enhance nutrition or meet part or all of a person's daily nutritional needs. They can deliver all of the nourishment through intravenous or oral nutrition. Supplements, such as iron and other vitamins, minerals, and electrolytes, are examples of nutritional items. Consumption of nutrient-dense foods and adherence to a balanced diet aid in the development of strong immune systems capable of combating a variety of ailments. This is a major component that drives the global demand for a nutritional diet.
MARKET SCOPE
The Nutrition product Professional Market is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Nutrition product Professional Market with detailed market segmentation by product, age group, form, distribution channel, and geography. The report provides key statistics on the market status of the leading Nutrition product Professional Market players and offers key Nutrition product Professional Market trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type of product, the Nutrition product Professional Market is segmented into Sports Nutrition, Dietary Supplements, Fat Burner, Functional Food, and Others.
- Based on Age group, the market is segmented into Kids, Adults, and Geriatric.
- By form, the Nutrition product Professional Market is segmented into Powder, Tablets, Capsules, Liquid, Soft Gels, and Others.
- Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Pharmacies, E-commerce.
MARKET DYNAMICS
Drivers:
- Increased fast-food Consumption.
- The consumers' sedentary lifestyle.
- The rising need for nutritional supplements is due to a change in consumption patterns.
- Lack of good diet maintenance.
- Increase in the obesity rate.
- Development in Nutritional science.
Restraints:
- Health Consequences of Synthetic Supplements.
- High costs associated with Nutritional Protein.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Nutrition product Professional Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the Nutrition product Professional Market in these regions.
IMPACT OF COVID-19 ON NUTRITIONAL PRODUCT PROFESSIONAL MARKET
COVID-19 first began in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic has affected the growth of this market worldwide due to the business shutdown, worldwide lockdown, and supply and trade disruptions. The emergence of COVID-19 resulted in an increase in the use of nutritional supplements by Customers in order to maintain robust immunity.
MARKET PLAYERS
The report covers key developments in the Nutrition product Professional Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and part partnerships Collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the Nutrition product Professional Market are anticipated to have lucrative growth opportunities in the future with the rising demand Nutrition product Professional Market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Nutrition product Professional Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Abbott Nutrition
- Amway
- Nestle
- Glanbia.Plc
- Herbalife International of America
- Archer Daniels Midland
- GlaxoSmithKline
- Nature's Bounty Co.
- Arkopharma Laboratories Pharmaceuticals
- DuPont