Report Overview
The US OTC Nutrition Products market is projected to reach XX billion by 2028, growing by 7.1% annually over the forecast years
A nutritional supplement is defined as a product that is intended to be used as an adjunct to a diet, contains one or more dietary ingredients such as vitamins, minerals, and trace elements, and is available in an assortment of forms including tablets, capsules, drinks, powders, and energy bars. Today many supplements contain herbs, botanicals, and amino acids as well. The convergence of major industry trends is giving rise to new opportunities for key players in the industry. The market for plant protein ingredients is growing at a high rate. Few players, such as Amway, offer supplements under the brand Nutrilite, which is significantly expensive. Dietary supplements also involve the high cost of research and customization
Market Growth Drivers
With increasing bone health and mobility concerns, consumers have become more aware of healthy aging and disease prevention. Thus, there is an increased demand for supplemental nutrition solutions that align with the nutritional needs of aging consumers. Also, consumers are shifting from animal-based food products to plant-based products. This shift will lead to the adoption of plant-made nutrition products. hence, driving the market of OTC nutrition products market towards a rise in growth. Dietary supplements involve significantly high costs, which could act as a restraint for the growth of the market
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