Cardiovascular health supplements provide nutrients that aim
to maintain cardiovascular health and prevent cardiovascular diseases. Products
include omega-3 fatty acids, probiotics, coenzyme Q10, garlic, and turmeric
supplements. They help improve cardiovascular health by lowering blood pressure
and cholesterol levels and reducing inflammation. The global Cardiovascular
Health Supplements Market is estimated to be valued at US$ 10.56 billion in 2023
and is expected to exhibit a CAGR of
7.2% over the forecast period 2024 to 2031, as highlighted in a new report
published by Coherent Market Insights.
Market key trends:
One of the key trends driving growth in the cardiovascular health supplements
market is the increased consumer awareness about the importance of
cardiovascular health. Consumers are increasingly realizing that maintaining a
healthy heart requires more than just a healthy diet and exercise. Supplements
provide concentrated doses of nutrients that are beneficial for cardiovascular
health. Growing health consciousness and busy lifestyles have boosted the
demand for dietary supplements. Manufacturers are launching new product
varieties and formulations that are more convenient to take. Innovation in
supplement delivery methods, such as gummies and chews, is also attracting more
consumers. This trend is expected to have a positive impact on the
cardiovascular health supplements market over the forecast period.
Segment
Analysis
The global
cardiovascular health supplements market is dominated by the vitamins and
minerals segment. This segment accounted for over 55% of the total market share
in 2024 owing to high awareness and consumption of multivitamins and minerals,
such as vitamin D, magnesium, and omega 3 DHA/EPA, for cardiovascular health
support. The herbal supplements segment is expected to witness the highest
growth during the forecast period due to increasing preference for herbal
remedies and natural health solutions among consumers.
Key Takeaways
Regional
analysis:
North America currently dominates the cardiovascular health
supplements market, accounting for over 40% share in 2024. This can be
attributed to rising health consciousness and growing expenditure on dietary
supplements in the US. Asia Pacific is expected to witness the fastest growth
during the forecast period with major potential in countries like India, China,
and Japan. This growth can be accredited to rising lifestyle diseases, growing
middle class, and increased healthcare expenditures in the region.
Key players:
Key players operating in the cardiovascular health
supplements market include NOW Health Group, Inc., Bright, Lifecare Pvt Ltd
(Truebasics.com), Natural Organics, Inc., DaVinci Laboratories of Vermont,
Nordic Naturals, Thorne HealthTech, Inc., Nestle (Pure Encapsulations, LLC),
Amway, InVite Health, GNC Holdings, LLC., Herbalife International of America,
Inc, Sanofi , Nature's Bounty , Invision Pharma Limited, Cytoplan Ltd and
Vestige Marketing Private Limited. Leading manufacturers are focused on new
product launches, mergers & acquisitions, and strategic collaborations to
gain market share.
Get more insights on this topic: https://www.ukwebwire.com/increased-health-awareness-is-driving-growth-in-the-global-cardiovascular-health-supplements-market/
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