The Heart Health Supplements Market To Cross The Momentum
The global heart health supplement market is benefiting from growing consumer awareness of preventative healthcare. The rapid pace of social and technological change has led to unfavorable lifestyle choices, leading to a deterioration in the well-being of consumers. The increasing incidence of various lifestyle-related diseases such as obesity and overweight has led to an increase in the prevalence of cardiovascular disease and heart health problems. As a result, consumers are increasingly adopting preventive care as a necessary tool to help them live better lives.
The greater availability of products to meet specific health needs and increased ease of access are some of the major factors driving the growth of the Heart Health Supplements market. In recent years, the market has seen substantial growth and this trend is expected to continue during the forecast period 2020-2030, at a significant CAGR of 4.5%.
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Key Points From The Heart Health Supplements Market Research
The preferences of the customers have been influenced by natural products, due to the increasing rate of the population suffering from various diseases and allergic to synthetic products. Thus, botanical supplements, as ingredients, are expected to experience a 5% CAGR, due to increased consumer awareness of the suitability of natural products and the health benefits associated with them.
North America dominates the global heart health supplement market with the highest market share of 45%, due to increased consumer awareness of preventative health care.
Online retail sales of heart health supplements are expected to post a CAGR of 6.6% over the forecast period, driven by increasing internet penetration and the rapid search for deals to choose specific products at price and quality.
The liquid form of heart health supplements is expected to show a CAGR value of 4.8% during the forecast period, due to pill fatigue, which is expected to create a change in the delivery and dosage of the supplement products. by manufacturers.
The coronavirus pandemic has shifted the focus of people with heart disease towards a preventive rather than reactionary mindset towards overall health. The well-being of the lungs and heart is important in reducing the risk of death. Thus, the market for heart health supplements is expected to experience an increase in the short term.
heart health supplements market
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“Herbal products are gaining popularity in the nutraceutical industry and, subsequently, in heart health supplements, due to their potent yet clean health benefits compared to animal supplements. . The leading manufacturers in the heart health supplement market could make more profit by launching herbal supplements and captivating vegan consumers. The increase in the number of aging consumers is expected to create a favorable market scenario for the entry of new players, ”said a PMR analyst.
Global Heart Health Supplements Market: Competitive Landscape
Leading manufacturers in the global Heart Health Supplements market are implementing various expansion strategies by acquiring companies operating in the consumer health sector, in order to increase their market presence while increasing the portfolios of products.
In June 2020, Chr. Hansen Holding A / S acquired UAS Laboratories LLC to strengthen its business in the field of human health.
In addition, the major players in the global heart health supplement landscape are focused on launching new products in line with the latest market trends to attract more customers and increase their customer base.
In 2020, Herbalife Nutrition Ltd. launched Beta Heart with OatWell which reduces and maintains blood cholesterol levels for a healthy heart.
In 2019, Abbott Laboratories expanded its Ensure product line by launching vegan options for consumers.
In May 2018, Amway India launched Nutrilite Traditional Herbs to increase its product offerings for customers.
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Discover more valuable insights into the heart health supplement market
Persistence Market Research in its new report offers an unbiased analysis of the global Heart Health Supplements market, presenting historical data (2015-2019) and estimation statistics for the period 2020-2030. The study offers compelling insights into the heart health supplements market based on form (powder, liquid, soft gel, and pills), ingredient (vitamins and minerals, amino acids, botanical supplements, and others) and the sales channel (hypermarkets / supermarkets, pharmacies and specialty stores, online retail, other retail formats), in seven regions.
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