Global MSM Supplement 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 Supplement Market. MSM means Methylsulfonylmethane; the supplements of MSM are of two major forms MSM Capsules and MSM powders. MSM is being used for treating several conditions, arthritis, rosacea, and naturally relieves the joint pain, reduce inflammation, and boost immunity. The increase in the awareness among the individual about the benefits of MSM and rise in the disposable income has boosted the market growth
Top Driver: The surge in incidences of the various disorder have boosted the MSM Supplement market
MSM is widely used in the treatment of joint pain, arthritis, and to boost immunity..MSM reduces muscle damage and naturally speeds muscle recovery after extreme exercise by reducing inflammation and oxidative stress, it is mostly used by the athletes. It improves the 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 for treating inflammation; it acts by inhibiting NF-kB, a protein complex which is involved in inflammatory responses in the body, and lessens the production of cytokines such as tumor necrosis factor-alpha (TNF-ɑ) and interleukin 6 (IL-6), which are signaling proteins linked to systemic inflammation, the advantages obtained by MSM have escalated the market
Retail Pharmacy has made the highest segmental growth in the Global MSM Supplement 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 Supplement Market is segmented into MSM Capsules ad MSM Powder. The MSM capsule segment has obtained the highest growth as capsules are regarded as a more convenient dosage as compared to powders; the dose in capsules are considered as more accurate as compared with powders. The MSM capsules are anticipated to rise with the highest CAGR in the forecast.
North America boosts the regional market due to the presence of key players
The presence of key players in the region has positively influenced the regional growth. The rise in the incidences of diseases like arthritis, growth in sports activities, rosacea has further boosted the region. The rise in the R&D activities by the players, the presence of sophisticated health care infrastructure, and the increase in health care expenditure have escalated the market growth. The Asia Pacific is expected to rise with the highest CAGR in the forecast due to the growth in the population and an increase in disposable income.
Product launches, mergers, and acquisition, are the key strategies of the competitors
The Players of the Global MSM Supplement Market is fragmented. Product launches, mergers, and acquisition, are strategies used by the competitors The key competitors of the Global MSM Supplement Market are Now Food, Kala Health, Source Naturals, Puritan’s Pride, Doctor’s Best, Zenwise Health, Jarrow Formulas, H2O Air Water Americas, Pure Organic Ingredients, and Nature’s Way
Now Food: Now Food, is one of the key competitors of the Global MSM Supplement Market; for instance, In September 2019, Now Food, had announced the acquisition of SuperNutrition Brand, they are a manufacturer of multi-vitamin that have 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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