June 13, 2024
Nitric Oxide Supplements

Nitric Oxide Supplements Market Estimated To Witness High Growth Owing To Rising Awareness Of Cardiovascular Health

The nitric oxide supplements market has gained significant traction over the past few years owing to rising health consciousness among individuals and growing prevalence of cardiovascular ailments globally. Nitric oxide supplements aid in lowering blood pressure, improving circulation, and enhancing exercise performance. The supplements contain L-arginine rich foods like watermelon and beetroot which promote natural nitric oxide production inside the body.

The Global nitric oxide supplements market is estimated to be valued at US$ 933.12 Bn in 2024 and is expected to exhibit a CAGR of 28. % over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the nitric oxide supplements market are Abstract Chemical, Alliance Organics LLP, Chemworld International, Ltd., Clariant, Dynemic Products Ltd., DyStar Singapore Pte Ltd, Hina DyeChem Industries, Koel Colours Pvt. Ltd, Krishana Enterprises, Neelikon, Pylam Products Company, Inc., Radiant Color, Sku Pigments Pvt. Ltd., Spectra Colors Corporation, Sudarshan Chemical Industries Limited, Sugai Chemical Ind.Co., Ltd., and Suraj Dye Chem among others.

The key opportunities in the nitric oxide supplements market include rising demand from athletes and bodybuilders owing to its performance enhancing properties. Further, growing geriatric population suffering from cardiovascular issues also presents lucrative prospects.

Technological advancements like development of vegan-friendly nitric oxide supplements containing natural sources of L-arginine like beetroot and pomegranate offer new opportunities. Sublingual nitroglycerin strips are fast acting nitric oxide supplements that are gaining popularity.

Market Drivers

The major driver for the Nitric Oxide Supplements Market Size is rising prevalence of cardiovascular diseases worldwide. As per WHO, cardiovascular diseases account for over 17.9 million deaths annually. Nitric oxide supplements aid in blood pressure management and lower risks of heart attack and stroke. Increasing health expenditure and growing awareness regarding benefits of nitric oxide in overall wellness is further propelling the market growth.

Challenges in Nitric Oxide Supplements Market
The nitric oxide supplements market is witnessing some challenges currently. Issues around dosage forms, safety and regulation are hampering the growth prospects of this market. Finding the right dosage forms for delivering nitric oxide effectively still remains a challenge. Tablets and capsules don’t seem to be very effective dosage forms. Liquid forms provide better absorption but involve stability issues. Topical forms have better acceptance but their ability to deliver nitric oxide systemically is still unclear.

Current challenges in the Nitric Oxide Supplements industry
Safety remains one of the biggest concerns around nitric oxide supplements. As nitric oxide is a free radical, excess levels can cause damage. Issues of toxicity have been reported with some supplements in the past. Proving long term safety is difficult due to lack of standardized studies. Stringent regulatory norms are needed to ensure quality and standardization of these supplements. At present, the regulations vary widely across regions and countries. This legal ambiguity creates confusion among consumers and presents compliance challenges for market players. High cost of clinical trials and research is also restricting the development of novel delivery systems and applications.

SWOT Analysis
Strength: Growing health awareness about benefits of nitric oxide; ability to improve various health conditions.
Weakness: Safety concerns due to excess intake; unstable nature requiring careful dosing.
Opportunity: Potential in treating conditions like erectile dysfunction, preeclampsia; use in sports nutrition.
Threats: Strict regulations can hamper growth; alternative natural sources of nitric oxide.

Geographical regions where market value is concentrated
North America currently dominates the nitric oxide supplements market, both in terms of value and volume. Increased awareness about health, higher discretionary spending on nutritional supplements and progressive regulatory environment help drive higher consumption in the US and Canada. Europe is another major regional market supported by growing health consciousness.

Fastest growing region for the Nitric Oxide Supplements market
The Asia Pacific region is expected to be the fastest growing market for nitric oxide supplements globally over the forecast period. Factors like rising living standards, increasing gyms and health clubs, growing medical tourism and gradual acceptance of supplementation are promising for future growth. Countries like India, China, Japan and South Korea will be the key drivers propelling the nitric oxide supplements market forward in Asia.

*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it