Global MSM Powder Market is anticipated to rise at a value CAGR of xx % over 2019-2028. According to a study published by Insure Insights on the Global MSM Powder Market. MSM means Methylsulfonylmethane. It is a popular dietary supplement containing sulfur-containing compounds found naturally in plants, animals, and humans. MSM is being used for treating various bodily ailments. The supplements of MSM are of two major forms MSM powders and MSM Capsules; the rise in the disposable income among the public has expanded the Global MSM Powder Market.
Top Driver: The surge in incidences of Various disorder have boosted the MSM Powder market
MSM is widely used in the treatment and management of joint pain, arthritis, and works effectively to boost immunity. Athletes mostly use MSM as it reduces muscle damage as it aids in muscle recovery caused by extreme exercise. It consists of a high level of keratin is essential for skin and hair health and reduces inflammation, and prevent signs of aging in the skin , MSM is largely used as an anti-inflammatory supplement, it inhibits NF-kB, a protein complex which is involved in inflammatory responses in the body, and decreases the production of cytokines like as tumor necrosis factor-alpha (TNF-ɑ) and interleukin 6 (IL-6), , known as signaling proteins linked to systemic inflammation, the benefits obtained by MSM have escalated the market
Retail Pharmacy has made the highest segmental growth in the Global MSM Powder Market
Based on the End User, the market is segmented into Retail Pharmacy, Hospital Pharmacy, and Online Pharmacy. The Retail Pharmacy segment has held a lucrative market share as they have high availability of MSM supplements. The Online segment is expected to rise with the highest growth in the forecast period due to the availability of capsules at low prices etc
In terms of the Type, the Global MSM Powder Market is segmented into 0.99 and 0.999. The MSM 0.999. has obtained the highest growth due to the demand for high purity product and an increase in the awareness by the manufacturer to produce high-quality products for improving their brand have raised the segmental growth
North America boosts the regional market due to the increase in the incidences of various disorders
The surge in the incidences of diseases like arthritis, growth in sports activities, and the presence of key players in the region are the key factor boosting the regional market The rise in the R&D activities by the players, the presence of advanced health care infrastructure, and the increase in health care expenditure have raised the regional market share. The Asia Pacific region is expected to rise with the highest CAGR in the forecast due to the upsurge in the population, increase in the prevalence of various diseases like arthritis and joint pain and increase in healthcare expenditure.
Product launches, Mergers, and Acquisition are the key strategies of the competitors
The Players of the Global MSM Powder Market is fragmented. Product launches, mergers, and acquisition are strategies used by the competitors The key competitors of the Global MSM Powder Market are Now Food, Jarrow Formulas, No Boundaries Health and Wellness, Doctor’s Best, Source Naturals, My Protein, Nature’s Way, Kala Health, Solgar, and Zenwise Health,
Now Food: Now Food, is one of the key competitors of the Global MSM Powder Market; for instance, In September 2019, Now Food, had announced the acquisition of SuperNutrition Brand, they are a manufacturer of multivitamin that has high potency, it is scientifically formulated and targeted by need, the acquisition was made by Now Food to expand its product portfolio with multivitamins.
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