Dietary Supplements Market Size is Projected to Reach USD 328.8 Billion by 2030 at CAGR of 8.12% | MRFR

Research Reports

Jan 10, 2023

Dietary Supplements Market Research Future Insights:

The Global Dietary Supplements Market is estimated to be worth USD 328.8 Billion by 2030, registering an 8.12% CAGR during the forecast period (2022- 2030).

A dietary supplement is a substance that is added to a person’s diet to support them to achieve their nutritional goals. Some dietary supplements are designed to reduce the risk of chronic illnesses, while others are designed to improve the nutritional value of daily meals. As a result, the content of dietary supplements varies depending on the proposed consumer’s age, but the primary function remains the same.

The main objective of dietary supplements is to make up for human nutritional inadequacies. Over the coming years, improving common people’s understanding of overall well-being is estimated to fuel the dietary supplements market’s key trends and opportunities. The surging need for macronutrients and low carbohydrate diets is awaited to rise as there is an increasing trend for sports clubs, gym memberships, and fitness classes available, along with the upsurge in youth fitness sensitivity. The market for vitamins, minerals, and herbs that improve immunity had a boost in demand and this trend is projected to continue in the future and prove to be fruitful for the dietary supplements market players across the world.

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Regional Analysis
The Global Dietary Supplements Market is divided into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

North America is estimated to hold the highest worldwide market share in the forecast period due to the high ubiquity of heart diseases, diabetes, obesity, and others. The growing population and hectic lifestyle is also major reason behind market growth in this region.  Furthermore, increasing consciousness about the consumption of supplement products in Mexico on account of new product launches is awaited to drive the demand for dietary supplements over the forecast period. The market in the Asia-Pacific region is projected to register the highest CAGR growth rate of 10.3% in the forecast period due to increasing health diseases.

The European region is also seeing continuous growth in the dietary supplements market due to healthy lifestyle changes in people.

Dietary Supplements Market

Market Segmentation

The Global Dietary Supplements Market is segmented into the following types;

By Form:

  • Soft Gel or Pills
  • Confectionary Products
    • Gummies
    • Chews
    • Others
  • Pharmaceutical Products
    • Chewable Pills and Pills
    • Soft Gel
  • Powder
  • Liquid

By Ingredient:

  • Vitamins & Minerals
  • Amino Acids
  • Proteins
  • Enzymes
  • Fatty acids
  • Botanical Supplements
  • Others

 By End-use:

  • Men
  • Women
  • Senior Citizen
  • Others

 By Application:

  • Weight Loss
  • Sports Nutrients
  • General Well Being
  • Immune Health and Digestive Health
  • Bone and Joint Health
  • Heart Health
  • Others

 By Distribution Channel:

  • Pharmacies Drug Store
  • Health & Beauty Stores
  • Hypermarkets/Supermarkets
  • Specialty stores
  • Practitioner
  • Online
  • Other

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 Key Players
The Global Dietary Supplements Market’s prominent key players are Bayer AG (Germany), The Nature’s Bounty Co. (US), Glanbia plc (Ireland), Herbalife Nutrition Ltd. (US), GlaxoSmithKline plc (UK), Abbott Laboratories (US), Amway Corp. (US), Otsuka Holdings Co. Ltd (Japan), Nature’s Way Products LLC (US), and Living Essentials Marketing, LLC (US).

Discover more research Reports on Food, Beverages & Nutrition industry, by Market Research Future:

Vitamin Supplements Market: Information by Type (Vitamin B, Vitamin C, Vitamin D, Multivitamins, and others), By Form (Tablets, Capsules & Soft Gels, Powder and Others), By Distribution Channel (Store-Based and Non-Store-Based) – Forecast till 2027

Global Protein Supplements Market: Information by Source (Plant, Animal and others), Form (Powder, Liquid, Bar and others), Distribution Channel (Store-Based {Supermarkets & Hypermarkets, Specialty Stores and others} and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2030

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