new York, July 16, 2021 /PRNewswire/ – U.S. supplement market is expected to increase $15.93 billion, The compound annual growth rate for the period 2021-2025 exceeds 6%. Technavio’s report predicts that packaged food and meat will have a positive effect Due to the spread of the COVID-19 pandemic. The report also provides detailed information about the impact of the pandemic on companies and the growth strategies adopted by suppliers to flatten the recession curve.
The vitamin market segment provides important growth opportunities for market participants in 2020. Factors such as the growing demand for vitamin D supplements in the elderly population and the increased awareness of the benefits of health and preventive care have played a crucial role in driving the growth of vitamin D supplements.
The U.S. Supplement Market: Main Growth Drivers
The supplement market in the U.S. report identified the following factors as the main growth drivers during the forecast period: