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Botanical segment is expected to drive the growth of the global liquid nutritional supplement market by ingredient segment
According to a new market research study titled ‘‘Liquid nutritional supplement Market to 2027 - Global Analysis and Forecast by Product, Ingredient, Age Group, Route of Administration, Distribution Channel and Geography. The global liquid nutritional supplement market is expected to reach US$ 32,286.12 Mn in 2027 from US$ 20,821.15 Mn in 2018. The market is estimated to grow with a CAGR of 5.1% from 2019-2027. The market is likely to grow due to growing consumption of liquid nutritional supplements and rising incidence of chronic diseases. Whereas, the market is expected to have slow growth during the forecast period due to unpredictable side effects of liquid nutritional supplements.
Liquid nutritional supplements are dietary supplements that are available in liquefied form. They are generally used to improve body metabolism to decrease incidents of lifestyle disorders. They are principally used by consumers that are incapable of consuming dietary supplements in capsule, thick gel, and solid tablet forms.
Global liquid nutritional supplement market was segmented by product, ingredients, age group, route of administration and distribution channel. Based on the product the market is segmented as additional supplements, medical supplements, sports nutrition. Based on ingredient it is classified as botanicals, vitamins, minerals, proteins and amino acids, others. On the basis of age group the market is divided into Infants, children, adults, old age. On the basis of route of administration the market is categorized into oral, enteral, parenteral. And based on distribution channel the market is segmented as online channels, offline channels.
Major players operating in the liquid nutritional supplement market, Abbott, Amway, Herbalife International of America, Inc., ADM, Arkopharma, Glanbia Nutritionals, Liquid Health, Inc., Bayer AG, The Nature's Bounty Co, and GlaxoSmithKline among others.
The report segments the global liquid nutritional supplement market as follows:
Global Liquid Nutritional Supplement Market - By Product
Global Liquid Nutritional Supplement Market - By Ingredient
Global Liquid Nutritional Supplement Market - By Age Group
Global Liquid Nutritional Supplement Market - By Route of Administration
Global Liquid Nutritional Supplement Market - By Distribution Channel
Global Liquid Nutritional Supplement Market - By Geography
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