Israel Dietary Supplements Market to be dominated by Geriatric Population through 2028
Growing focus on health and
wellness along with rising income levels of people in the country are the major
drivers for the Israel dietary supplements market.
According to TechSci Research
report, “Israel Dietary Supplements Market- By Region, Competition, Opportunities, and
Forecast, 2028”, the Israel dietary supplements market is anticipated to
register a high CAGR during the forecast period. This can be ascribed to emergence
of e-commerce platform in the country which is increasing the accessibility of
dietary supplements for people in Israel. The growing number of
sports complexes, health clubs, and gyms have inspired many people in the
country to take more interest in developing their physical and mental health.
Additionally, increased participation of Israelis in variety of high-intensity
sports activities is pushing people to adopt a balanced diet to improve their
nutritional intake, performance, and muscle mass. The growing interest in
fitness and healthy food consumption is expected to register a significant
growth in the Israeli dietary supplements market. Availability and consumption
of supplements in various forms such as tablets, capsules, powder, liquids, and
soft gels across all the regions of the country is expected to register an
impressive growth to Israel dietary supplements market in the forecast period.
The
emergence of e-commerce platforms has had a significant impact on the Israel
dietary supplements market by increasing accessibility and convenience for
consumers. With the growth of e-commerce platforms in Israel, consumers now
have access to a wider variety of dietary supplements from varied brands, which
they can purchase from the comfort of their homes. This has led to an increase
in sales of dietary supplements through online channels. E-commerce platforms
have also made it easier for international dietary supplement brands to enter
the Israeli market, as they can reach consumers without needing a physical
presence in the country. This has led to increased competition among dietary
supplement brands, resulting in more options for consumers and potentially
lower prices. This is further expected to steer the growth of market in the
future period. Moreover, the developing economic status and rising income
levels is making dietary supplements more affordable for people and is allowing
them to explore more healthcare alternatives. According to data from the World
Bank, the healthcare expenditure of people in Israel was approximately 7.5% of
its GDP in 2020. This is equivalent to around USD 5,197 per capita on
healthcare expenditure. Increasing expenditure on purchasing healthcare
products and dietary supplements in the country is further expected to bolster
the growth of Israel dietary supplements market in upcoming years.
However, the higher cost
of premium supplements in the country and certain health issues such as skin
reactions, nausea, allergic reactions, and loss of appetite associated with
consumption of dietary supplements in an uncontrolled manner are expected to
slow down the growth of the market in the coming years.
Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on "Israel Dietary Supplements Market”
The Israel dietary
supplements market segmentation is based on product type, form, distribution
channel, application, end user, company, and region.
Based on product type,
the market is further divided into vitamin, combination dietary supplement, herbal supplement,
fish oil & omega fatty acid, protein, and others. Herbal supplement is
likely to dominate the market in the forecast period. This can be ascribed to developing
interest of people in physical wellness and growing reliance of people over
herbal supplements produced in the country using organic components.
Some of the major
companies operating in the Israel dietary supplements market include:
- C.T.S. Ltd.
- Ambrosia Supherb Ltd.
- Zuf Globus Ltd.
- FLORIS-HADAS LTD.
- Anlit Ltd.
- Eshbal Technologies Ltd.
- TNUPHARMA MANUFACTURING LTD.
Download Free Sample Report
Customers can also request for 10% free customization on
this report.
“Certain regions are expected to dominate the demand for dietary
supplements in Israel. Growing advancements in healthcare system of Israel for
manufacturing more dietary supplements with new features and organic
ingredients in the country is further expected to propel the growth of Israel dietary
supplements market in the forecast period," said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based Global management
consulting firm.
“Israel Dietary Supplements Market Segmented By Product Type (Vitamin,
Combination Dietary Supplement, Herbal Supplement, Fish Oil & Omega Fatty
Acid, Protein, and Other), By Form (Tablets, Capsules, Powder, Liquids
and Soft Gels), By Distribution Channel (Pharmacies and
Drug Stores, Supermarkets and Hypermarkets, Online, Others), By Application (Energy
& Weight Management, General Health, Bone & Joint Health, Immunity,
Others), By End User (Children, Adults, Pregnant Females, Geriatric), By
Region, Competition, Forecast, and Opportunities, 2028”, has evaluated the future
growth potential of Israel dietary supplements market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide innovative market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Israel dietary supplements market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web: https://www.techsciresearch.com