Flavors Market for Pharmaceutical & Healthcare Applications to hit $1.4 billion by 2026, Says GMI
Flavors Industry for Pharmaceutical & Healthcare Applications is set to register more than 5.5% CAGR through 2026, owing to rising utilisation in OTC drugs, dietary supplements, therapeutic nutrition and healthcare nutrition.
Selbyville, Delaware, Feb. 08, 2021 (GLOBE NEWSWIRE)
The
flavors market for pharmaceutical & healthcare applications is expected to cross USD 1.4 Billion by 2026, according to a new research report by Global Market Insights, Inc. Rising consumer awareness regarding the importance of physical fitness and wellness is driving consumer attention towards the consumption of dietary supplements to enhance body immunity, thus rising product demand.
Increasing instances of vitamin and mineral deficiency among global population owing to lack of consumption of nutrient-rich foods are likely to raise the demand for flavors from dietary supplements. Rising urbanization,