Unlocking the Power of Nutrition: How Dietary Supplements Are Shaping Health Trends
The global dietary supplements market was valued at USD 177.50 billion in 2023 and is expected to experience significant growth, projected to expand at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2030. Several key factors are driving this growth, including the rising prevalence of chronic diseases, such as obesity, diabetes, heart disease, and cancer, as well as the increasingly busy lifestyles and resulting changes in dietary habits of consumers. Key Market Drivers Prevalence of Chronic Diseases : The growing incidence of chronic conditions like obesity and diabetes is one of the primary drivers of dietary supplement consumption. As more individuals seek ways to manage or prevent these conditions, the demand for dietary supplements targeting specific health issues—such as heart health, blood sugar regulation, and weight management—continues to rise...