Day: October 20, 2022

Global Dietary Supplements Market to Surpass $227.4 Billion | US Spends Over USD 32.2 Billion on Supplements Each Year

Global Dietary Supplements Market to Surpass $227.4 Billion | US Spends Over USD 32.2 Billion on Supplements Each Year

Global dietary supplements market was valued at USD 159.2 billion in 2021, and it is expected to reach a value of USD 227.4 billion by 2028, at a CAGR of more than 7.9% over the forecast period (2022- 2028). Westford, USA, Oct. 20, 2022 (GLOBE NEWSWIRE) — SyQuest’s recent survey on global Dietary Supplements Market has found that Americans spend around USD 32.2 billion a year on weight-loss supplements. Out of this, USD 2.1 million is spent only on weight loss supplements. It is one of the 20 top reasons why people take supplements. Dietary supplements hold a 9.2% share of the entire healthcare spending that is done in America. The average supplements store is observed to make USD 1 million per year. It is also observed that around 64% of women use supplements whereas around 51% of men use them. For women and men 60 years old and...

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