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| Nitric Oxide Supplements Market Size |
The Nitric Oxide Supplements Market is estimated to be valued at US$ 810 Mn in 2023 and is expected to
exhibit a CAGR of 10% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market Overview:
Nitric oxide supplements are dietary supplements that are used to naturally
increase nitric oxide levels in the body. Nitric oxide is produced naturally in
the body and is important for regulating blood pressure, neurotransmission, and
promoting overall cardiovascular health. The key products in this market include
capsules, tablets, and powders that contain ingredients like beet root extract
and citrulline malate which help boost nitric oxide levels. These supplements
are widely used by bodybuilders, athletes and health conscious individuals
looking to gain benefits like improved blood flow, muscle pump, endurance and
cardiovascular protection.
Market Dynamics:
The growth of the nitric oxide supplements market is driven by the growing
health consciousness among consumers and rising preference for natural ingredients
to maintain well-being. According to a 2020 survey, over 60% of Americans take
dietary supplements regularly to supplement their nutrients and gain various
health benefits. This growing focus on preventive healthcare through
supplementation is supporting the demand for nitric oxide supplements.
Another key driver is the growing popularity of nitric oxide among athletes and
bodybuilders. Nitric oxide supplements are commonly used as pre-workout
supplements to gain benefits like enhanced muscle pumps and endurance during
exercise. The booming fitness trends and rising number of recreational
gym-goers are fueling sales of such sports nutrition products containing nitric
oxide.
Segment Analysis
The Nitric
Oxide Supplements Market Size can be segmented into inorganic and
organic nitric oxide supplements. The inorganic nitric oxide supplements
segment dominated the market in 2022 due to lower costs of production and
higher shelf life. Organic nitric oxide supplements have gained popularity
recently due to perceived higher benefits, but have less market share currently
due to relatively higher costs.
PEST Analysis
Political: Regulations regarding supplement claims and labeling are becoming
stricter. This can impact new product launches.
Economic: Rising disposable incomes and health expenditures are driving the
demand for nutritional and wellness supplements.
Social: Increasing focus on preventive healthcare and popularity of workout
supplements are fueling the adoption.
Technological: Advanced production techniques help manufacturers enhance the
bioavailability and stability of nitric oxide supplements.
Key Takeaways
The global nitric oxide supplements market is expected to witness high growth,
exhibiting CAGR of 10% over the
forecast period, due to increasing focus on cardiovascular health. Regionally,
North America dominated the market in 2022 attributed to growing health
consciousness. Key players operating in the nitric oxide supplements market
include Thermo Fisher Scientific, Merck KGaA, GENERAL ELECTRIC, Horiba,
Teledyne Analytical Instruments, Yokogawa Electric Corporation, Spectris,
Emerson Electric Co., ABB, Honeywell International Inc, Siemens AG, AMETEK.Inc,
DKK-TOA CORPORATION, Drägerwerk AG & Co. KGaA, Analytical Systems Keco,
ECD, Nova Analytical Systems, Shimadzu Corporation, Servomex, and Adev.
The global nitric oxide supplements market size for 2023 is US$ 810 Mn. Regional analysis shows
that North America is the fastest growing region in the nitric oxide
supplements market due to increasing incidence of cardiovascular diseases. Key
players operating in the nitric oxide supplements market are focusing on new
product launches to expand their market share.
Read More: https://www.rapidwebwire.com/nitric-oxide-supplements-market-trends/