Latest Happenings in Business World
11
Nov-2019
Wellness Supplements Market was worth USD 207.59 billion in 2019 and estimated to be growing at a CAGR of 6.45%, to reach USD 283.75 billion by 2024.
Wellness supplements Market Introduction:
Wellness supplements are substances designed to add more nutritional value to the diet to improve health. It is estimated that the global supplement market for hygiene will increase significantly in the near future due to the increasing incidence of health disorders and eating disorders. Wellness Supplements are available as a variety of products, including dietary supplements, anti-food intolerance products, fortified and functional foods and beverages, and dermo-cosmetic products essential for the skin.
Growth:
In recent years, health and wellbeing have become critical issues for many consumers due to several factors, including increased health care costs and the expansion of the geriatric population. According to the World Bank, the cost of health care in the United States will represent 20% of its GDP by 2025. As Americans live longer, chronic diseases such as cardiovascular diseases, diabetes, etc., will also increase., which leads to a focus on a healthy lifestyle. According to the US Census Bureau, the country will experience considerable growth in the aging population between 2012 and 2050, which will stimulate the market.
Categories:
Protein supplements:
Protein supplements increase calorie and protein intake.
Besides, they speed up the recovery of workouts. For example, whey-based casein and dairy products are commonplace on the market today. Vegans who wish to avoid animal protein may use brown rice or hemp of vegetable origin.
Health and wellbeing
The human body is a complex system and needs vitamins and minerals to function at its best. It promotes vitality, including joints, digestive health and antioxidants.
Weight loss
The feeling of pressure to lose weight, whether for aesthetic or general health reasons, leads many to get promising products to help them lose weight. Companies are trying to meet this demand.
Energy supplements
These supplements come in forms like carbohydrates, nootropics, bars and drinks. If you have a busy day, feed your intense workout with energy supplements to increase your metabolism and increase your concentration.
Amino acids
Amino acids have antioxidant properties that help recover quickly after training. Besides, it contributes to cell growth, repair and maintenance. It is next to water since proteins make a more significant part of body weight.
Growth promoters
Do you want to develop your muscles, increase your strength or burn fat? Growth promoting products help to accumulate excellent physical shape by manipulating the hormonal levels.
Benefits of supplements:
Supplement Checklist:
1. Choose standardized products
Get supplements from the best source and make sure they are regulated.
2. Interactions with prescription medications.
If you are taking prescription medications, consult your doctor before taking any supplements. A medical exam may reveal that you need a dose of certain nutrients.
3. Filled with unhealthy vitamins
Did you know that some brands of supplements contain harmful fillers? Be careful with words like sodium benzoate and butylated hydroxytoluene. The preservative of sodium benzoate is a carcinogenic chemical.
4. Excessive dependence on supplements.
Supplements cannot and should never replace a healthy diet. The main objective is to "fill" the lack of nutrients that cannot be incorporated into the food.
5. Supplements to lose weight
Although there are supplements that help to metabolize quickly. The best way to lose weight is to take calories that you burn quickly.
6. Supplement label
It is essential to understand the name of the supplement and what it means. The fundamental role of the label is letting the buyer be careful.
Key Stakeholders:
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