Vitamin Supplements Market to Reach $98.6 Billion by 2031 at 7.6% CAGR
According to a new report published by Allied Market Research, titled, “Vitamin Supplements Market,“ The vitamin supplements market size was valued at $47.9 billion in 2021, and is estimated to reach $98.6 billion by 2031, growing at a CAGR of 7.6% from 2022 to 2031. The growing consumption of vitamin supplements in developed and developing economies coupled with the aging global population is significantly propelling the vitamin supplements market growth. According to the Indian Journal of Medical Research (IJMR), around 33% of the population in the U.S. and in several major nations of Europe like Denmark, UK, and Sweden, regularly consume dietary supplements and vitamin supplements that boosts the growth of the market. Vitamin supplements are very useful in treatment of non-nutritional disorders, like hyperlipidaemia and Wernicke–Korsakoff syndrome. Moreover, rising awareness among consumers regarding the benefits of vitamin supplements and…



