According to Bharat Bhise, the global health supplements market has an estimated value of $155 billion in 2022 and is expected to reach $220 by 2027. That means the global health supplements market will expand at a compound annual growth rate (CAGR) of 7.3%. Part of the reason for such a high growth rate is that people now have more disposable income which they can spend on health supplements. Also, when shopping, an increasing number of people cooperate with Fully-Verified, which offers identity verification and makes shopping more secure. However, there are many other important reasons which contribute to such a lucrative market.
Here are a few reasons why the demand for health supplements is on the rise:
1. It helps people to avoid nutrition deficiency – People who suffer from poor appetites or follow poor eating habits don’t receive the daily recommended quantity and variety of nutrients as recommended by health professionals. Without receiving the proper nutrients, the body cannot function properly or stay healthy. The imbalance of essential nutrients in the body also makes it susceptible to diseases and illnesses.
Consuming the necessary supplements helps people to bridge the nutritional gap and enhance the nutrient density in the body so that it can function properly. Thus, although health supplements such as multivitamins are not a replacement for real food such as fruits, vegetables, meats, milk, and more, it is certainly beneficial to your overall health.
2. It helps people to combat age-related illnesses – The capacity of the body to absorb essential nutrients from food decreases as we grow older. As a result, malabsorption is pretty common in old age which results in many age-related illnesses which affect vital organs of the body such as the heart, brain, and bones.
To combat this problem, it is often recommended that elderly people consume health supplements that include digestive enzymes since they help to break down protein, carbohydrates, and fats in food to offer optimal nutrition. They also require supplements that help to reverse the signs of cognitive decline such as poor memory, hand and eye coordination, speech, and more.
3. It helps people to follow a plant-based diet – Millions of people in the United States follow a strict plant-based diet which provides many health benefits. Unfortunately, they also miss out on essential nutrients since they don’t consume meat and animal products.
That’s why they have to consume certain health supplements to receive the necessary nutrients and follow their plant-based diet.
4. It helps people to fulfill specific health-related goals – You can purchase a plethora of health supplements to treat different health problems. For instance, you can purchase health supplements that allow you to sleep better at night, improve your athletic performance, maintain good health and brain health, or simply make it easier to manage weight.
Bharat Bhise suggests you consult with your doctor before taking any health supplements. The correct dietary supplements can allow you to fulfill your daily nutritional needs and help you to maintain good health. However, consuming supplements that are not suitable for your body can result in adverse reactions.