Dietary Supplements Trends and Forecast
The future of the global dietary supplements market looks promising with opportunities in the infants, children, adults, pregnant women, and geriatric markets. The global dietary supplements market is expected to reach an estimated $255.2 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing inclination towards plant-based supplements, rising awareness toward healthy diets, and surge in aging population.Dietary Supplements by Segment
The study includes a forecast for the global dietary supplements by ingredient, form, end use, application, and region.Dietary Supplements Market by Ingredient [Shipment Analysis by Value from 2018 to 2030]:
- Vitamins
- Botanicals
- Minerals
- Protein & Amino Acids
- Fibers & Specialty Carbohydrates
- Omega Fatty Acids
- Others
Dietary Supplements Market by Form [Shipment Analysis by Value from 2018 to 2030]:
- Tablets
- Capsules
- Soft Gels
- Powders
- Gummies
- Liquids
- Others
Dietary Supplements Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Infants
- Children
- Adults
- Pregnant Women
- Geriatric
- Others
Dietary Supplements Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Energy & Weight Management
- General Health
- Bone & Joint Health
- Gastrointestinal Health
- Immunity, Cardiac Health
- Diabetes, Anti-Cancer
- Lungs Detox/Cleanse
- Skin/ Hair/ Nails
- Sexual Health
- Others
Dietary Supplements Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Dietary Supplements Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies dietary supplements companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the dietary supplements companies profiled in this report include:- Amway
- Abbott
- Bayer
- Glanbia
- Pfizer
- Archer Daniels Midland
- NU SKIN
- GlaxoSmithKline
- Herbalife Nutrition
- Nature's Sunshine Products
Dietary Supplements Market Insights
The publisher forecasts that vitamins will remain the largest segment over the forecast period due to growing adoption by working professionals and sports athletes in the form of multivitamin tablets, powders, and liquids.Within this market, adults will remain the largest segment due to increasing intake of dietary supplements among working professionals.
APAC will remain the largest region over the forecast period due to the presence of a large consumer base in this region.
Features of the Global Dietary Supplements Market
- Market Size Estimates: Dietary supplements market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Dietary supplements market size by various segments, such as by ingredient, form, end use, application, and region in terms of value ($B).
- Regional Analysis: Dietary supplements market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different ingredients, forms, end uses, application, and regions for the dietary supplements market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the dietary supplements market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the dietary supplements market size?Answer: The global dietary supplements market is expected to reach an estimated $255.2 billion by 2030.
Q2. What is the growth forecast for dietary supplements market?
Answer: The global dietary supplements market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the dietary supplements market?
Answer: The major drivers for this market are increasing inclination towards plant-based supplements, rising awareness toward healthy diets and surge in aging population.
Q4. What are the major segments for dietary supplements market?
Answer: The future of the dietary supplements market looks promising with opportunities in the infants, children, adults, pregnant women, and geriatric markets.
Q5. Who are the key dietary supplements market companies?
Answer: Some of the key dietary supplements companies are as follows:
- Amway
- Abbott
- Bayer
- Glanbia
- Pfizer
- Archer Daniels Midland
- NU SKIN
- GlaxoSmithKline
- Herbalife Nutrition
- Nature's Sunshine Products
Answer: The publisher forecasts that vitamins will remain the largest segment over the forecast period due to growing adoption by working professionals and sports athletes in the form of multivitamin tablets, powders, and liquids.
Q7. In dietary supplements market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the presence of a large consumer base in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the dietary supplements market by ingredient (vitamins, botanicals, minerals, protein & amino acids, fibers & specialty carbohydrates, omega fatty acids, and others), form (tablets, capsules, soft gels, powders, gummies, liquids, and others), end use (infants, children, adults, pregnant women, geriatric, and others), application (energy & weight management, general health, bone & joint health, gastrointestinal health, immunity, cardiac health, diabetes, anti-cancer, lungs detox/cleanse, skin/ hair/ nails, sexual health, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Dietary Supplements Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Amway
- Abbott
- Bayer
- Glanbia
- Pfizer
- Archer Daniels Midland
- NU SKIN
- GlaxoSmithKline
- Herbalife Nutrition
- Nature's Sunshine Products
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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