The new report by Expert Market Research titled, ‘Global Heart Health Supplements Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global heart health supplements market, assessing the market based on its segments like forms, ingredients, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2015-2025)
• Forecast CAGR (2020-2025): 5%
The rising awareness about heart-related diseases is driving the heart health supplement market growth. This is coupled with the rising cases of cardiovascular diseases, especially in North America and the Asia Pacific. The nutrients provided by the product help in minimising health risks, including arthritis, osteoporosis, and other problems. The heart health supplement industry is likely to be propelled by the growing global pharmaceutical sector, especially with the outbreak of the COVID-19 pandemic.
Industry definition and segmentation
Heart health supplements provide proper nutrient levels for the prevention of health-related problems and different kinds of cardiovascular diseases. Dietary supplements usually add nutrients to the diet, which helps the body fight against various health-related problems that a person encounters in day to day life. Heart health supplements contain high mineral, fibre, amino acids, and vitamins.
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On the basis of form, the product is available in:
• Gels and Pills
The various ingredients used in the product are as follows:
• Vitamins and Minerals
• Botanical Supplements
• Amino Acids
On the basis of distribution channel, the market is segmented into:
• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
The regional markets for heart health supplements include:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
Due to the rising cases of cardiovascular diseases in regions including North America, Europe, and the Asia Pacific, the heart health supplement market has accelerated globally. The rising pharmaceutical sector amidst the COVID-19 pandemic has propelled the market at a significant pace. The Asia Pacific market for heart health supplements is especially anticipated to grow at a considerable rate because of the rising consumer awareness and the expansion of successful retail and pharmacy supply chains. The growing investments into and the development of healthcare infrastructure in developing countries are likely to boost the market growth further. In the coming years, the increasing launch of organic and clean label heart health supplements is expected to provide a boost to the market expansion.
Key Market Players
The major players in the market are Bayer AG (OTCMKTS: BAYRY), USANA Health Sciences, Inc. (NYSE: USNA), NOW Health Group, Inc., Nutramax Laboratories Consumer Care, Inc., and Herbalife International of America, Inc. (NYSE: HLF), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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