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Supplement Market in the US 2011-2015
Infiniti Research Limited, April 2012, Pages: 32
TechNavio’s analysts forecast the Supplement market in the US to grow at a CAGR of 5 percent over the period 2011–2015. One of the key factors contributing to this market growth is that supplements can be used as a cost-effective alternative to a regular diet. The Supplement market in the US has also been witnessing preference for supplements among athletes. However, unavailability of quality raw materials could pose a challenge to the growth of this market.
TechNavio’s report, the Supplement Market in the US 2011–2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the US; it also covers the Supplement market in the US landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Abbott Laboratories Inc., NBTY Inc., GNC Holdings Inc., and Otsuka Holdings Co. Ltd.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
02. Introduction
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Impact of Drivers and Challenges
11. Market Trends
12. Key Vendor Analysis
12.1 Abbott Laboratories Inc.
12.2 NBTY Inc.
12.3 GNC Holdings Inc.
12.4 Otsuka Holdings Co. Ltd.
13. Other Reports in this Series
List of Exhibits:
Exhibit 1: Supplement Market in the US 2011–2015 (US$ billion)
Exhibit 2: Supplement Market in the US by Revenue Segmentation 2011
Exhibit 3: Supplement Market in the US by Revenue Segmentation through Sales Channel 2011
Exhibit 4: Supplement Market in the US by Vendor Segmentation 2011
TechNavio Announces the Publication of its Report – Supplement Market in the US 2011–2015
TechNavio today launched its Supplement Market in the US 2011–2015 report based on an in-depth study focusing exclusively on the US. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said; “Weight reduction is one of the emerging trends that is contributing to the growth of the Supplement market in the US. This is because obesity is one of the major concerns among the people in the US as it is associated with serious health issues. This has increased the demand for supplements because they can help in reducing the fat intake in the body.”
According to the report, an increase in the aging population in the US has led to a rise in the demand for supplements. This is because supplements help to address problems such as vitamin deficiency, and weight loss, which are concomitant with age. The high preference for supplements is because they are more natural, potent and pure as opposed to pharmaceutical drugs. The high literacy rate of the aging population acts as a complement to the growth for the market in the US.
Further, the report also discusses that lack of product innovation is hampering the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
- Abbott Laboratories Inc.
- NBTY Inc.
- GNC Holdings Inc.
- Otsuka Holdings Co. Ltd.
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