Market Overview:
The global middle-aged and elderly health supplements market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using health supplements among the middle-aged and elderly population, rising incidence of chronic diseases, and growing demand for preventive healthcare. The eye health supplements segment is expected to account for the largest share of the global middle-aged and elderly health supplements market in 2018. This segment is projected to grow at a CAGR of 8% during the forecast period. The bone and joint health supplements segment is projected to grow at a CAGR of 7% during the forecast period.
Product Definition:
Middle-aged and Elderly Health Supplements are nutritional supplements that are specifically designed to meet the needs of people in their middle-aged years and beyond. These supplements can help boost energy levels, improve bone health, support cognitive function, and more. They can be an important part of a healthy lifestyle for older adults.
Eye Health Supplements:
The eye health supplements market is expected to grow at a lucrative rate during the forecast period. The key drivers of this market are increasing prevalence of vision loss and growing geriatric population base across the globe. According to statistics published by WHO in 2019, around 1 billion individuals are affected with vision impairment or blindness worldwide. This is further anticipated to propel demand for eye health supplements over the forecast period.
Moreover, rising awareness regarding nutritional intake among consumers.
Bone and Joint Health Supplements:
The global bone and joint health supplements market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing incidences of diseases such as osteoporosis, arthritis, and other bone disorders. Moreover, growing awareness about these supplements among consumers also boosts their demand significantly.
Osteoporosis is a disease characterized by weak bones due to reduction in bone density caused by low or lack of calcium.
Application Insights:
The application segment includes supermarkets, specialty stores, and online channels. The middle-aged and elderly population is more likely to shop in health food stores as a result of product knowledge regarding the benefits of using supplements for maintaining their health. Moreover, manufacturers are launching new products with innovative packaging that is easy to understand and use. This has led supermarkets to dominate the market for Middle-aged & elderly health supplements application followed by specialty stores.
Online channels are expected to witness significant growth over the forecast period due largely on growing internet usage rates coupled with increasing awareness about accessing healthcare services through online mediums such as websites or apps rather than physical visits to hospitals or clinics. Furthermore, rising prevalence of chronic diseases such as cancer may increase demand for dietary supplements which will positively influence market growth over the forecast period (2017¢â‚¬â€œ2030).
Rising geriatric population across various regions including Asia Pacific.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to rising awareness among consumers regarding a healthy lifestyle and aging process, which has increased their risk of developing chronic diseases such as cardiovascular disease (CVD), diabetes, and arthritis.
Growth Factors:
- Growing awareness about the benefits of health supplements among the middle-aged and elderly population.
- Increasing disposable income of the middle-aged and elderly population, which enables them to afford health supplements.
- Rising prevalence of chronic diseases among the middle-aged and elderly population, which leads to an increased demand for health supplements.
- Growing popularity of preventive healthcare among the middle-aged and elderly population, which drives demand for health supplements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Middle-aged and Elderly Health Supplements Market Research Report
By Type
Eye Health Supplements, Bone and Joint Health Supplements, Cardiovascular Health Supplements, Digeative Health Supplements
By Application
Supermarkets, Specialty Stores, Online Channels
By Companies
Amway, Bayer, Pfizer Pharmaceuticals, Danone, Wyeth, Nestle, DSM, Naturesbounty, Abbott Laboratories, Herbalife International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Middle-aged and Elderly Health Supplements Market Report Segments:
The global Middle-aged and Elderly Health Supplements market is segmented on the basis of:
Types
Eye Health Supplements, Bone and Joint Health Supplements, Cardiovascular Health Supplements, Digeative Health Supplements
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets, Specialty Stores, Online Channels
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amway
- Bayer
- Pfizer Pharmaceuticals
- Danone
- Wyeth
- Nestle
- DSM
- Naturesbounty
- Abbott Laboratories
- Herbalife International
Highlights of The Middle-aged and Elderly Health Supplements Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Eye Health Supplements
- Bone and Joint Health Supplements
- Cardiovascular Health Supplements
- Digeative Health Supplements
- By Application:
- Supermarkets
- Specialty Stores
- Online Channels
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Middle-aged and Elderly Health Supplements Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Middle-aged and elderly health supplements are dietary supplements that are typically marketed to people who are over the age of 50 or 60. These products may contain ingredients that help improve heart health, reduce inflammation, support cognitive function, and boost energy levels.
Some of the major companies in the middle-aged and elderly health supplements market are Amway, Bayer, Pfizer Pharmaceuticals, Danone, Wyeth, Nestle, DSM, Naturesbounty, Abbott Laboratories, Herbalife International.
The middle-aged and elderly health supplements market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Middle-aged and Elderly Health Supplements Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Middle-aged and Elderly Health Supplements Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Middle-aged and Elderly Health Supplements Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Middle-aged and Elderly Health Supplements Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Middle-aged and Elderly Health Supplements Market Size & Forecast, 2018-2028 4.5.1 Middle-aged and Elderly Health Supplements Market Size and Y-o-Y Growth 4.5.2 Middle-aged and Elderly Health Supplements Market Absolute $ Opportunity
Chapter 5 Global Middle-aged and Elderly Health Supplements Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Middle-aged and Elderly Health Supplements Market Size Forecast by Type
5.2.1 Eye Health Supplements
5.2.2 Bone and Joint Health Supplements
5.2.3 Cardiovascular Health Supplements
5.2.4 Digeative Health Supplements
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Middle-aged and Elderly Health Supplements Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Middle-aged and Elderly Health Supplements Market Size Forecast by Applications
6.2.1 Supermarkets
6.2.2 Specialty Stores
6.2.3 Online Channels
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Middle-aged and Elderly Health Supplements Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Middle-aged and Elderly Health Supplements Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Middle-aged and Elderly Health Supplements Analysis and Forecast
9.1 Introduction
9.2 North America Middle-aged and Elderly Health Supplements Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Middle-aged and Elderly Health Supplements Market Size Forecast by Type
9.6.1 Eye Health Supplements
9.6.2 Bone and Joint Health Supplements
9.6.3 Cardiovascular Health Supplements
9.6.4 Digeative Health Supplements
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Middle-aged and Elderly Health Supplements Market Size Forecast by Applications
9.10.1 Supermarkets
9.10.2 Specialty Stores
9.10.3 Online Channels
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Middle-aged and Elderly Health Supplements Analysis and Forecast
10.1 Introduction
10.2 Europe Middle-aged and Elderly Health Supplements Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Middle-aged and Elderly Health Supplements Market Size Forecast by Type
10.6.1 Eye Health Supplements
10.6.2 Bone and Joint Health Supplements
10.6.3 Cardiovascular Health Supplements
10.6.4 Digeative Health Supplements
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Middle-aged and Elderly Health Supplements Market Size Forecast by Applications
10.10.1 Supermarkets
10.10.2 Specialty Stores
10.10.3 Online Channels
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Middle-aged and Elderly Health Supplements Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Middle-aged and Elderly Health Supplements Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Middle-aged and Elderly Health Supplements Market Size Forecast by Type
11.6.1 Eye Health Supplements
11.6.2 Bone and Joint Health Supplements
11.6.3 Cardiovascular Health Supplements
11.6.4 Digeative Health Supplements
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Middle-aged and Elderly Health Supplements Market Size Forecast by Applications
11.10.1 Supermarkets
11.10.2 Specialty Stores
11.10.3 Online Channels
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Middle-aged and Elderly Health Supplements Analysis and Forecast
12.1 Introduction
12.2 Latin America Middle-aged and Elderly Health Supplements Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Middle-aged and Elderly Health Supplements Market Size Forecast by Type
12.6.1 Eye Health Supplements
12.6.2 Bone and Joint Health Supplements
12.6.3 Cardiovascular Health Supplements
12.6.4 Digeative Health Supplements
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Middle-aged and Elderly Health Supplements Market Size Forecast by Applications
12.10.1 Supermarkets
12.10.2 Specialty Stores
12.10.3 Online Channels
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Middle-aged and Elderly Health Supplements Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Middle-aged and Elderly Health Supplements Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Middle-aged and Elderly Health Supplements Market Size Forecast by Type
13.6.1 Eye Health Supplements
13.6.2 Bone and Joint Health Supplements
13.6.3 Cardiovascular Health Supplements
13.6.4 Digeative Health Supplements
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Middle-aged and Elderly Health Supplements Market Size Forecast by Applications
13.10.1 Supermarkets
13.10.2 Specialty Stores
13.10.3 Online Channels
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Middle-aged and Elderly Health Supplements Market: Competitive Dashboard
14.2 Global Middle-aged and Elderly Health Supplements Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amway
14.3.2 Bayer
14.3.3 Pfizer Pharmaceuticals
14.3.4 Danone
14.3.5 Wyeth
14.3.6 Nestle
14.3.7 DSM
14.3.8 Naturesbounty
14.3.9 Abbott Laboratories
14.3.10 Herbalife International