What’s Driving the OTC Vitamins and Dietary Supplements Market? Explores Fact.MR Report

The report on the OTC Vitamins and Dietary Supplements Market provides a bird’s eye view of the current proceedings and the impact on the COVID-19 pandemic. Further, the report ponders over the various factors that are likely to impact the overall dynamics of the OTC Vitamins and Dietary Supplements Market once the COVID-19 pandemic subsides. The current trends, growth opportunities, restraining factors, and drivers are discussed in the report in detail.

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According to the recently conducted study by Fact.MR, the global OTC vitamins and dietary supplements market is set to expand at 6.7% CAGR during the forecast period (2017-2022) to surpass a valuation of US$ 97,688 Mn. OTC vitamin and dietary supplement products. Over-the-counter (OTC) vitamins and dietary supplements are sold directly to consumers without any medical prescription. In many countries, OTC vitamins and dietary supplement products are regulated to ensure that they are effective and safe when used. Drug regulatory bodies allow manufacturers to formulate vitamin ingredients or combination of ingredients that are well tolerated and do not pose any risk of side effects or reactions.

In recent years, the healthcare sector has witness exponential growth, which has reflected positively on the global market for OTC vitamins and dietary supplements. Sales of such products have also increased in emerging countries such as China, India and Brazil primarily owing to the growing consumer awareness regarding the health benefits of such products. Convenience of direct purchase, cost-efficiency and growing trends of self-treatment are additional factors expected fuel the growth of the market. Moreover, manufacturers are also concentrating on developing advanced product formulations in order to improve their functionalities.

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Chapter 1 – Executive Summary

The report on global OTC vitamins and dietary supplements begins with an executive summary which covers brief yet affluent information regarding the global market of OTC vitamins and dietary supplements. It mainly includes all the key market highlights in terms of facts and figures.

Chapter 2 – Overview

Under the chapter, the report introduce taxonomy and a concrete definition of the global OTC vitamins and dietary supplements market. It also lists and assesses drivers, restrains, and trends impacting the growth of OTC vitamins and dietary supplements market. In addition, all the industry specific factors influencing the expansion of OTC vitamins and dietary supplements market have been analyzed in this section of the report. Further, it provides a thorough analysis of the cost structure, pricing, supply chain, and raw material sourcing.

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Chapter 3 – Global OTC Vitamins and Dietary Supplements Market Analysis and Forecast by Function

The chapter offers a detailed breakdown of the OTC vitamins and dietary supplement market on the basis of function which includes immune health, bone & joint health, heart health, digestive health, weight loss, general well-being, nutrition, and other functions. Historical analysis and forecast data of each function have been provided in the report along with revenue, market share, year-over-year (Y-o-Y) comparison by region.

Chapter 4 – Global OTC Vitamins and Dietary Supplements Market Analysis and Forecast by OTC Channel

In this chapter, a thorough analysis of the OTC vitamins and dietary supplements market based on different OTC channels has been covered. The chapter sheds light on the OTC vitamins and dietary supplements market performance on the basis of OTC channel: pharmacy, modern trade, drug store, online store, and other retail. It also includes a historical data and forecast of each OTC channel for the 2017-2024 period.

Chapter 5 – Global OTC Vitamins and Dietary Supplements Market Analysis and Forecast by Product Form

On the basis of product form, the global OTC vitamins and dietary supplements market is segmented into: liquid, powder, tablet, and capsule. The report covers historical analysis and forecast of each product form, and further provides segmental revenue, market share, and y-o-y growth comparison by region.

Chapter 6 – Global OTC Vitamins and Dietary Supplements Market Analysis and Forecast by Region

The vast chapter includes a detailed assessment of the OTC vitamins and dietary supplements market across six key regions including Europe, Latin America, North America, APEJ, Japan, and MEA. All the key trends influencing sales of OTC vitamins and dietary supplements across these regions have been thoroughly analyzed and provided in this chapter.

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Competition Tracking

Key players profiled in the Fact.MR’s report include Dil Limited., Bactolac Pharmaceutical, Inc., Otsuka Holdings Co. Ltd., CSPC Pharmaceutical Group Limited., Reckitt Benckiser LLC, Sanofi S.A., Pfizer, Inc. Atrium Innovations, Inc., Lonza Group Ltd, Jubilant Life Sciences Limited, Archer Daniels Midland Company, Koninklijke DSM N.V., BASF SE, GlaxoSmithKline plc and DuPont.

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