The cardiovascular health supplements global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Cardiovascular Health Supplements Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The cardiovascular health supplements market size has grown rapidly in recent years. It will grow from $11.67 billion in 2023 to $13.11 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to the shift towards less invasive surgical techniques, the demand for structural heart devices, ongoing training and education programs for healthcare professionals, rising healthcare expenditure, and increased awareness of heart health.
The cardiovascular health supplements market size is expected to see rapid growth in the next few years. It will grow to $20.98 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to the increasing aging population, growing awareness about heart health, the implementation of screening programs, favorable reimbursement policies for structural heart procedures, and timely regulatory approvals. Major trends in the forecast period include increased collaboration, real-world evidence, product launches, preventive interventions, and innovations.
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Scope Of Cardiovascular Health Supplements Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Cardiovascular Health Supplements Market Overview
Market Drivers –
The increased prevalence of heart-related diseases is expected to propel the growth of the cardiovascular health supplements market going forward. Heart-related diseases, also known as cardiovascular diseases (CVD), refer to disorders affecting the heart and blood vessels. The prevalence of heart-related diseases is increasing due to lack of physical activity, unhealthy diet, smoking, and chronic stress. Cardiovascular health supplements contain ingredients and nutrients supporting heart function, especially in individuals with heart failure or other heart conditions. For instance, in April 2023, according to the British Heart Foundation, a UK-based cardiovascular research charity, the overall number of deaths in Scotland from all heart and circulatory illnesses was 17,639 in 2021, up from 17,448 in 2020. In addition, the number of deaths from coronary heart disease in the UK in 2021 will be 65,579, up from 64,170 in 2020. Therefore, the increased prevalence of heart-related diseases is driving the cardiovascular health supplements market.
Market Trends –
Major companies operating in cardiovascular health supplements are focused on providing new natural plant products with ingredients, such as dispersible phytosterols, to help lower cholesterol levels and gain a competitive edge in the market. Dispersible phytosterols refer to a form of plant sterols designed to be easily dispersed or dissolved in water and help lower cholesterol levels in the body. They are often used to target cardiovascular health. For instance, in September 2023, Nutrartis, a Chile-based health solutions provider, launched the Cardiosmile, a supplement made with natural plant sterols. The liquid form of Cardiosmile contains water-dispersible phytosterols that help with cholesterol management and daily heart health. Cardiosmile’s clinical effectiveness lies in its ability to reduce cholesterol absorption. Cardiosmile supports heart and metabolic health on a systemic level, facilitating the maintenance of healthy cholesterol levels.
The cardiovascular health supplements market covered in this report is segmented –
1) By Type: Natural Supplements, Synthetic Supplements
2) By Ingredient: Vitamins And Minerals, Herbs And Botanicals, Omega Fatty Acids, Coenzyme Q10 (CoQ10), Other Ingredients
3) By Form: Liquid, Tablet, Capsules, Softgels, Powder, Others Forms
4) By Distribution Channel: Offline, Online
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Regional Insights –
Asia-Pacific was the largest region in the cardiovascular health supplements market in 2023. The regions covered in the cardiovascular health supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the cardiovascular health supplements market are Pfizer Inc., Johnson & Johnson, Amway Corporation, Herbalife Nutrition Ltd., General Nutrition Centers Inc. (GNC), NOW Health Group Inc., Garden of Life LLC, Thorne Healthtech Inc., Jarrow Formulas Inc., Life Extension, Designs for Health Inc., Gaia Herbs Inc., Schiff Nutrition International, MegaFood LLC, Twinlab Consolidated Holdings Inc., New Chapter Inc., Integrative Therapeutics LLC, Pure Encapsulations LLC, Doctor’s Best Inc., Nature’s Bounty Co., Solgar Inc., Renew Life Formulas LLC, Nature Made Nutritional Products, Source Naturals Inc
Table of Contents
1. Executive Summary
2. Cardiovascular Health Supplements Market Report Structure
3. Cardiovascular Health Supplements Market Trends And Strategies
4. Cardiovascular Health Supplements Market – Macro Economic Scenario
5. Cardiovascular Health Supplements Market Size And Growth
…..
27. Cardiovascular Health Supplements Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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