Dietary Supplements Market: Global Industry Analysis and Opportunity Assessment, 2014 - 2020
While an increasingly health conscious consumer base is emerging worldwide, this change doesn’t have a remarkably positive impact on the growth prospects o the dietary supplements market. Nevertheless, there are other factors that augur well for the market; these include: Higher adoption of preventive healthcare measures by consumers, augmented consumer incomes (especially in developing nations), and innovative product launches by companies in the dietary supplements market. The geriatric population base today consumes more dietary supplements as compared to their counterparts a few decades ago. This factor also helps add to the global demand for dietary supplements.
For the purpose of this study, the report segments the global dietary supplements market thus: By product, by application type, and by geographical region.
The product segment is further split into: Vitamins, protein supplements, minerals, probiotics, blended supplements, fish oils/Omega 3-6-9, and others. The single-largest revenue share in the dietary supplements market by product is expected to be held by vitamin supplements (38%) by 2020. Another segment that will constitute a significant share of the market is fish oils/Omega 3-6-9, which will likely contribute to 16% of all market revenues by 2020, registering a 13.2% CAGR through the period of forecast.
The report also studies the dietary supplements market by health enhancement applications as: Energy, women’s health and beauty, bone and joint health, and heart health. Of these, the report reveals that dietary supplements for increasing energy levels will expand at the highest rate (13.3%) between 2015 and 2020. Other supplements such as those consumed for improved immunity, bone health, better heart health, and a regulated digestion system will also gain greater market share through the forecast period of the report.
The report evaluates the dynamics of the following geographical regions: North America, Europe, Asia Pacific and RoW. Of these, APAC will hold an impressive revenue share (44%) of the global dietary supplements market by 2020, and will be trailed by North America and Europe.
Upcoming Reports:
(1) - Benzyl Butyl Phthalate (BBP) Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
Benzyl Butyl Phthalate (BBP) is an ester of n-butanol, phthalic acid and benzyl alcohol. Benzyl butyl phthalate (BBP) is primarily used as a plasticizer coating for polyvinyl chloride flooring tiles. Other uses include traffic cones, food conveyor belt, sealants, inks, paints and coatings, films, coated fabric, upholstery and artificial leather among others. Benzyl butyl phthalate (BBP) has been known to be toxic for the humans and cause eczema in the new born children whose mothers have been exposed to benzyl butyl phthalate (BBP) dozes higher than 1,200 micrograms per day for long periods of time.
Phthalates have been in use for a long time now and established as an efficient product for a variety of applications owing to their stability, especially as plasticizers. However, non-biodegradable nature and long lifecycles cause misbalances in the ecology. The market for benzyl butyl phthalate (BBP) is primarily driven by its use in the polyvinyl chloride flooring tiles as a plasticizer coating, especially in Asia Pacific. However, due to its toxic nature it is being gradually phased out of use being replaced by biobased substitutes. Furthermore, the volatility in the prices of petrochemical raw materials is another restraining factor for the demand growth of this market.
(2) - Boric Acid Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
Boric acid is a white, odorless, weak monobasic acid usually available as a powder. It is also known as boracic acid, hydrogen borate or orthoboracic acid. Boric acid has a crystalline structure and is soluble in water. Boric acid is available naturally in the form of mineral called sassolite. It also occurs naturally in minerals such as borax, colemanite, boronatrocaicite and boracites as well as in seawater in its salt formation. Boric acid can be prepared industrially by reaction of borax with mineral acids such as hydrochloric acid. It is also obtained as a by-product of hydrolysis process of diborane and boron trihalides. In terms of safety, boric acid is toxic in nature, and can be poisonous if inhaled or ingested in large amounts and gets bio-accumulated.
Boric acid is a versatile chemical with wide range of applications. Some of the major applications for boric acid include antiseptic use in the medical industry, insecticides in household products, preservative for wood and wood products, as a pH buffer and sanitizer in swimming pools. It can also be used in lubrication formulations with oils for ceramic and metal surfaces and individually for board games such as carom. Boric acid is used as an absorber for low thermal energy neutrons in nuclear power reactors to slow down the fission rate. Boric acid is used in pyrotechnics as a controlling agent as well as a coloring agent. Other industrial uses of boric acid include manufacture of textile fiberglass, electroplating, flame retardant, shale gas fracturing and as a chemical intermediate.
(3) - Pallets Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
A pallet is a flat transport structure that supports goods while being lifted by a forklift or other jacking devices. A pallet is the structural foundation of a unit load which allows handling and storage efficiencies. The recovery of industrial activities in North America and Europe after a period of sluggish growth is expected to drive the global pallets market. Increasing adoption of pallets in Asia Pacific lead by China is projected to be a prospective market opportunity.
The market can be segmented, based on product types, into five key market segments as wooden, plastic, metal, paper and recycled materials. Globally, wooden pallets are the largest product segment attributed to their lower prices when compared to other pallets. Plastic pallets are projected to be the fastest growing product segment for the next few years on account of their reusability, recyclability, versatility and durability. Plastic pallets can be easily cleaned and utilized for applications where product contamination is a major concern. Additionally, the recyclability adds to the attractiveness for users who are looking for raising their products’ perceived environment friendliness. This shift towards higher priced reusable pallets has increased the value returns of the market as well.
(4) - Barium Chloride Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share, Growth Drivers, Market Trends, Statistics And Forecast 2015 - 2020
Barium chloride is one of the most commonly found water soluble salts of barium. Barium is mined from barite (barium sulfate) ores or witherite (barium carbonate) ores. Barium chloride is primarily produced from barium sulphate in a two step process with carbon and hydrochloric acid. The barium chloride, obtained from this process, is hydrated and can be crystallized into a white powder. Barium chloride is majorly utilized for waste water treatment and production of other barium salts.
The regulatory push for waste water treatment is expected to drive the market for waste water treatment chemicals including barium chloride. Regulatory authorities across the world are pushing for better waste water treatment for industrial as well as municipal wastewater over environmental concerns such as ground water toxicity and dead zones in the water bodies.
