Categories: Healthcare

Liquid Nutritional Supplement Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Liquid Nutritional Supplement Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Liquid Nutritional Supplement Market:
https://www.thebusinessresearchcompany.com/report/liquid-nutritional-supplement-global-market-report

According to The Business Research Company’s Liquid Nutritional Supplement Global Market Report 2024, The liquid nutritional supplement market size has grown strongly in recent years. It will grow from $28.11 billion in 2023 to $29.84 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased health consciousness, aging population, diverse dietary preferences, nutrient deficiency awareness, marketing and advertising strategies, consumer preference for palatable options.

The liquid nutritional supplement market size is expected to see strong growth in the next few years. It will grow to $37.94 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to targeted health solutions, nutrigenomics and personalized nutrition, plant-based and functional ingredients, healthcare professional recommendations, sustainability considerations. Major trends in the forecast period include clean label and natural ingredients, functional ingredients and fortification, plant-based and vegan offerings, innovation in delivery systems, sports and performance nutrition.

A rise in the number of health-conscious population is expected to propel the growth of the liquid nutritional supplements market going forward. A health-conscious person is actively concerned about their health and makes deliberate choices to enhance and preserve it by prioritizing their physical, mental, and emotional health. Health-conscious individuals use liquid nutrient supplements for their convenient intake of critical nutrients quickly and easily by avoiding digestive difficulties and high absorption of nutrients that offers in achieving weight management and fitness objectives. For instance, according to the Food and Health Survey 2022, a survey of 1,005 Americans ages 18 to 80 in 2022, published by the International Food Information Council, a US-based non-governmental organization to support food, beverage, and agricultural industries, approximately 52% of Americans had followed a diet or eating pattern in 2021, a significant rise from previous years (39% in 2021, 43% in 2020, 38% in 2019), which is unrelated to the two new options this year, mindful eating and intuitive eating. Therefore, the rise in the health-conscious population is driving the liquid nutritional supplement market.

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The liquid nutritional supplement market covered in this report is segmented –

1) By Type: Additional Supplements, Medical Supplements, Sport Nutrition
2) By Ingredient: Botanicals, Vitamins, Minerals, Proteins and Amino Acids, Other Ingredients
3) By Route of Administration: Oral, Enteral, Parenteral
4) By Distribution Channel: Online Channels, Offline Channels, Pharmacy Chains, Supermarkets, Drug Stores
5) By End-User: Infants, Children, Adult, Pregnant Women, Old Age

Product innovation is a key trend gaining popularity in the liquid nutritional supplement market. Major companies operating in the liquid nutritional supplement market are focused on developing innovative products to strengthen their position in the market. For instance, in May 2023, Arla Foods Ingredients, a Denmark-based ingredient supplier for infant nutrition, medical applications, and sports nutrition, introduced juice-style oral nutrition supplements (ONS), a new solution to increase the protein content for medical nutrition. Arla Foods Ingredients’ ONS juice-style beverages are a unique nutritional drink with 7% more protein without sacrificing taste or mouthfeel. Lacprodan BLG-100 is a 100% pure beta-lactoglobulin with an excellent nutritional profile. Additionally, the new solution is fat-free, and using BLG-100 allows for very low viscosity and a stable product during its shelf life. Furthermore, it tastes less astringent than traditional ONS juice-style products and has a more pleasant texture, encouraging medical nutrition compliance.

The liquid nutritional supplement market report table of contents includes:

1. Executive Summary
2. Liquid Nutritional Supplement Market Characteristics
3.Liquid Nutritional Supplement Market Trends And Strategies
4.Liquid Nutritional Supplement market analysis
5. Liquid Nutritional Supplement Market Size And Growth
6. Liquid Nutritional Supplement Segmentation
7.Liquid Nutritional Supplement Regional And Country Analysis
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.
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27.Liquid Nutritional Supplement Competitive Landscape And Company Profiles
28. Liquid Nutritional Supplement Key Mergers And Acquisitions
29.Liquid Nutritional Supplement Future Outlook and Potential Analysis

TOP MAJOR PLAYERS:

  • Nestlé S.A.
  • Archer-Daniels-Midland Company
  • BASF SE
  • Bayer AG
  • Abbott Laboratories
  • GlaxoSmithKline plc

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