Key Market Indicators
Global vitamin sales are set to reach $777.2 million by 2026, up from $689.5 million in 2020. This represents a yearly growth rate of 2.2%, with the market rising 5.4% year on year. The United Kingdom, Australia and India are the top three countries in this ranking. Indian vitamin imports are expected to fall 17.6% year on year to 5,380 kilograms by 2026, from 16,260 kilograms in 2021. This is part of a longer trend of decreasing demand, which has seen a 21.9% year on year decrease since 2001. Indian vitamin exports are projected to reach 55.2 million kilograms by 2026, up from 47.6 million kilograms in 2021. This reflects an average yearly growth rate of 2.6%, with a 7.8% year on year increase since 2001. Germany is the leading country in this ranking, followed by India and the United States in second and third place respectively.
Dietary Supplement Market Data and Forecasts
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Herbal/Traditional Products: Global Market Patterns, Influences, and Future Possibilities
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Herbal/Traditional Products: Global Market Dynamics and Emerging Trends Analysis
The international market for herbal and traditional products has experienced significant expansion over recent years, fueled by growing consumer interest in natural, organic, and ethically produced goods. This demand is being driven by a shift in consumer attitudes relating to health and wellbeing, with a growing segment of the market...
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Highlighting the global health sector, it's noticeable that there's an increase in the demand for natural Vitamin E products. This surge can be attributed to the rising consumer awareness regarding the substantial health benefits associated with its consumption, including improved immune function and prevention of certain types of cancer. The...
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As consumers increasingly seek healthy and natural beverages, the global market for tea and infusions exhibits steady expansion. The Asia-Pacific region occupies a dominant market share, owing to the traditionally deep-seated tea culture. China and India especially stand out as major tea producers and consumers. Outside of Asia, growing health...
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Recent data reveals an upward trajectory for both the vitamin and mineral markets on a global scale. The steady growth indicates a robust consumer base that values nutritional supplements. Technological advancements along with a prospering e-commerce sector have contributed to diversifying these markets, enabling easier access and therefore wider geographical...
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