The increasing prevalence of lifestyle diseases, such as obesity, diabetes and high blood pressure, coupled with the rising geriatric population, is anticipated to strengthen the growth of the market in the upcoming years. Looking forward, the market value is projected to reach US$ 818 Million by 2024, expanding at a CAGR of around 9% during 2019-2024.

The market has also been divided on the basis of regions into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. At present, Asia Pacific is the leading market, accounting for the majority of the global share. This can be accredited to the altering lifestyles and inflating disposable incomes of consumers.