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Latin America Nutrition & Dietary Supplements Market size is expected to reach USD 47.5 billion by 2025

The Latin America nutrition and dietary supplements market size is expected to reach USD 47.5 billion by 2025,It is anticipated to expand at a CAGR of 8.8% over the forecast period.

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Latin America Nutrition & Dietary Supplements Market size is expected to reach USD 47.5 billion by 2025

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  1. Latin America Nutrition & Dietary Supplements Market size is expected to reach USD 47.5 billion by 2025 “This report is segmented into several key Regions, with production, consumption, revenue (million USD) and market share and growth rate of Industrial 3D Printings in these regions, from 2013 to 2025.” The Latin America nutrition and dietary supplements market size is expected to reach USD 47.5 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.8% over the forecast period. Growing expenditure on nutrition and dietary supplements, disposable income, and consumer awareness are some of the key market drivers. Changing regulatory framework to ensure drug safety in Latin American countries such as Mexico and Argentina is also expected to positively impact market growth in the forthcoming years. Growing demand for nutrition and dietary supplements among geriatric population is also one of the considerable market drivers. Nutrition plays a vital role in maintaining health of geriatric population and has a significant impact on aging process. Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/latin-america-nutrition-and-dietary- supplements-market/request-sample Follow Us:

  2. Risk of malnutrition, functional impairments, age-related diseases, and physical inabilities are prevalent among elderly population. These issues might interfere with healthy nutritional status of an individual. Thus, dependence on these supplements has increased over the past few years. Growing middle class population coupled with high spending on nutrition and dietary supplements is a key driver for the market. There are nearly 300 million middle-class people in Latin America. This number has more than doubled over the period of past 30 years representing a rise in consumer buying power. This factor is anticipated to positively impacting market expansion over the forecast period. Browse Full Research Report at: https://www.radiantinsights.com/research/latin- america-nutrition-and-dietary-supplements-market Further key findings from the report suggest: Additional supplements segment accounted for the largest revenue share in 2016 owing to rising awareness, spending on supplements, and various initiatives undertaken to prevent malnutrition Powder emerged as the largest formulation segment in terms of revenue share in 2016 owing to ease of consumption as compared to other formulations. However, the others segment that includes gummies, lollipops, lozenges, and shots is projected to expand at the fastest CAGR Adult emerged as the largest consumer segment in 2016 while children segment is expected to witness lucrative CAGR over the forecast period In terms of geography, Brazil accounted for the largest revenue share in 2016. Argentina is expected to expand at the fastest CAGR in near future Herbalife; Bayer AG; Pfizer, Inc.; and Merck are the major players operating in the Latin America nutrition and dietary supplements market. The market is majorly dominated by multinational companies. However, domestic players are also increasingly investing in this market. Follow Us:

  3. See More Reports of This Category by Radiant Insights at: https://www.radiantinsights.com/catalog/pharmaceuticals-and-healthcare About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Web: http://www.radiantinsights.com/ Visit Our Blog: http://industryinsightreport.blogspot.com Follow Us:

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