Global Dietary Supplements Market (2019-2025) | Size, Trends, industry, Revenue, Forecast, Growth, Analysis, Outlook & COVID-19 IMPACT

Latest 2023 Development of the Global Dietary Supplements Market

Global Dietary Supplements Market is expected to grow significantly in the coming years. The increasing prevalence of chronic diseases and rising health consciousness among consumers are the major drivers of growth in this market.  Additionally, many manufacturers are expanding their distribution channels, such as e-commerce, to reach a larger customer base. This has led to an increase in online sales of dietary supplements. Further, the manufacturers are developing innovative formulations to cater to the diverse needs of consumers. For instance, there is a growing trend towards personalized nutrition, where supplements are formulated based on an individual's genetic makeup and health status. Moreover, there have been several mergers and acquisitions in the dietary supplements market in recent years. For instance, Nestle Health Science acquired Persona Nutrition, a personalized nutrition company to enhance its market share.

There is a growing emphasis on sustainability in the global dietary supplements industry. Manufacturers are using sustainable sourcing methods and packaging materials to reduce their environmental impact. Additionally, one of the major trends in the dietary supplements market is the increasing demand for natural and organic supplements, which are perceived as safer and healthier than synthetic supplements. There has also been a rise in demand for supplements that target specific health conditions, such as immune system support, bone health, and cognitive health. Moreover, another trend in the market is the growing popularity of sports nutrition supplements, which are designed to enhance athletic performance and aid in recovery. These supplements include protein powders, energy bars, and pre-workout formulas. Further, E-commerce has also been a significant driver of growth in the dietary supplements market, with online sales channels offering convenience and accessibility to consumers. In addition, the COVID-19 pandemic has boosted demand for dietary supplements, as consumers have become more focused on maintaining their health and building their immune systems.

Global dietary supplements market Synopsis

Rising consumer awareness regarding health issues along with the rise in disposable income and changing lifestyles are the key factors that would drive the dietary supplements market growth in the next six years. Further, rising spending on healthcare would push the market demand for dietary supplements throughout the coming years.

According to 6Wresearch, the Global dietary supplements market size is anticipated to register growth during 2019-2025. Changing lifestyles and diets coupled with a surge in the number of global sports events would lead to an increase in demand for the dietary supplements market over the next five years, especially sports supplements. Based on ingredients, the market can be categorized into botanicals, vitamins, minerals, protein, and others. Vitamin dietary supplements acquired a major revenue share in 2018, and are expected to lead the demand during the forecast period. However, the minerals segment is projected to witness high growth over the coming years owing to rising consumer adoption of preventive medicines worldwide.

In the overall global dietary supplements market share, North America has captured the major pie in 2018 and is expected to lead throughout the forecast period. However, China and India are projected to be the leading revenue-generating countries in the dietary supplements market throughout the forecast period.

The global dietary supplements market report thoroughly covers the market by ingredient, forms, applications, end-users, distribution channels, regions including North America, Latin America, Europe, APAC and the Middle East & Africa, and key countries. The global dietary supplements market outlook report provides an unbiased and detailed analysis of the ongoing global dietary supplements market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

In the global dietary supplements market, healthier life is providing the essential nutrients which a healthy body is needed. In developing countries, malnutrition in infants is a major crisis. This going to create the growth of opportunities in the market for the key players in the untapped market of African and Asian countries. They forecasted the lowest CAGR in the market age group. It also hampers the demand of extent breastfeeding over dietary in going to the encouragement of supplements.

The rising importance of e-commerce portals the selling medium of nutraceutical manufacturers on the account of providing access to the product through key benefits including favourable discounts and cash-on-delivery features is going to open avenues that might be next in eight years. According to the FDA food and drug administration of the U.S., numerous regulations regarding the labelling of the food supply is light and increase the violations regarding the label standards and product quality. The second-largest market of the Asia Pacific has generated a lot of revenue in the share. In the forecast period, the sale going to rise lot of royal jellies, blueberries, green juice, chlorella, and black vinegar. This going to increase in the demand for natural products is expected to grow more in the upcoming years. There are many new products that are going to launch by Amway and GSK's aim is weight management athletes are expected to further fuel the growth. the demand for organic food is expected to grow in the forecast period. 

Ingredient Insights of the Global Dietary Supplements Market

The term ingredient stands for the market which is categorized into vitamins, botanicals, amino acids, fibres, omega fatty acids, proteins, and minerals. For dietary supplements, the vitamin is the major source of ingredients and their total market share is 32.1%. it's easily excreted by the kidneys. These products are expected to have more products Rising demand for herbs for the prevention of mental as well as physical disorders is anticipated to boost the botanicals segment over the forecast period. Furthermore, rising concerns over the adverse effects of conventional medicines including allopathic drugs are expected to promote the use of botanical extracts as ingredients for dietary supplements. All the factors are based on sugar demand and fibre products in the upcoming years. The level of cholesterol levels, blood sugar, glucose levels, cholesterol, and reduced weight.

Application Insights into the Global Dietary Supplements Market

According to energy and weight management general health, immunity, diabetes, gastrointestinal health, cardia health, joint health, bone, and immunity, are the major segment of dietary supplements. For the large market share, energy and weight management are accounted. The government initiatives for a healthy diet and promoting the diet and rising online weight loss programs. Due to rising chronic diseases such as cardiovascular problems, arthritis, and diabetes, the main advantages associated with plant-extracted drugs are the main factor which going to expect the drive over the forecast period. The recommended dietary allowance is RDA, it creates various opportunities for the product manufacturers most people at the age cannot meet the RDA and which results are driving the demand for dietary supplements for the elderly stage of the age. With the growing consumer awareness, the maintenance of good health coupled is digestive health issues digestive health products in the forecast period.

End-User Insights of the Global Dietary Supplements Market

The market is based on the end-user and it's going to segment into the geriatric, adults, pregnant women, infants, and children. According to the report, adults were the major segment of consumers and accounted for the high market share. Rising awareness of fat reduction and increasing nutrition is going to expect in the promotion segment in the forecast period.

In the forecast period rising the use of dietary supplements for pregnant women which enrichment nutritional. There are many ingredients included such as vitamin D3, prenatal multivitamin, folate, and magnesium it is important to use for pregnant women's dietary supplements. There are many new products is launched for the growth of infants with nutritional content for the baby its launches such as  Arla Foods and FrieslandCampina and this product have some limits to use by pregnant women.

Distribution Channel Insights of the Global Dietary Supplements Market

In the distribution channels insights the OTC segment which is dominated the market share for revenue share. Due to growing demand, the product is specifically targeted at health, digestive health, and skin health. For special medical purposes, the growing popularity of food is special medical purposes of consumer infertility to malnutrition it's going to have a significant impact in the forecast period.

According to the research report, product sales are highly concentrated such as in hypermarkets and supermarkets with the product OTC is contributing to the total sales in the developed economies. These are the focusing products that recognize and trust.  The research is about the hypermarket and supermarkets the detailed analysis of the product which was used by the consumer and their preferences for product brands and consumer willingness to pay premium prices for the product.

Form Insight into the Global Dietary Supplements Market

According to the form insights, the tablet is the most used in the market of dietary supplements owing to the cost-effectiveness and techniques used for easy packaging. By the given space is highly preferred by extending the shelf life and easy material packing. In the future growth of the market is high and is expected to increase the demand for energy-mix powders among bodybuilders and athletes. The manufacturers including Amway introduced the powder products NUTRILITE consumed the drinks as well as milk products. The food functional capture by some of the market and growth take place in the forecast years.

Rising the popularity of organic products such as millennials has increased the demand for the segment of powder that can easily consume beverages and many food products.

Regional Insights of the Global Dietary Supplements Market

According to the lifestyle, the rising in the demand for sports nutrition of the product is to increase the importance of the market. Growing awareness regarding the benefits of protein in dietary supplements plays a crucial role. The market share is 38% in terms of revenue the growth is increasing product use and making use of the high nutritional content.  Developed countries such as Canada and the U.S. are expected to produce the demand for the product and consumption of proteins and maintain muscle mass and optimum nutrition levels in the upcoming years.

Now a day the consumer becomes more aware of the healthy diet in countries such as India and China remains the main factor such as the Asia Pacific. Many regions are boosting growth and investments such as China, Indonesia, India, and Malaysia in the forecast period. Due to the rise in the sales of multivitamin products particularly dietary supplements. The rising protein consumption of the developed such as the U.K and Germany. In addition, the sale of vitamins B and C rise more with the adoption of the working population in the upcoming years.

Dietary Supplements Market Share Insights

In Dietary supplement market share insights are raising awareness of the supplementation is increasing the concerns the cardiovascular hazards associated with animal nutrition is triggering new investments by the manufacturers. In the past years, manufacturers like Glanbia have risen the investment in R&D which is the new plant–based protein supplement. There are many competitive landscapes of the key international players such as Carlyle Group; Archer Daniels Midland; NBTY Inc.; Arkopharma Laboratoires; Bayer; Glanbia; Pharmaceutiques; Nu Skin Enterprises; Nature’s Sunshine Forms; Herbalife International; Bionova Lifesciences; Pfizer; GlaxoSmithKline and Amway.

The global dietary supplements market is anticipated to witness growth throughout the forecast period 2020-26F backed by an increase in the significant demand for dietary food supplements owing to the rising concerns to lower the risk of several diseases such as heart disease, arthritis coupled with concerns to increase immunity and dietician recommending the dietary supplements consisting of adequate amount of nutrition is expected to increase the deployment of dietary supplements and would boost the demand for the product in the coming years. Additionally, on the basis of region, North America dietary supplements are expected to attain the major market sales revenue backed by the rising sales promotion by advertisements over several channels which is expected to steadily change the consumer preferences towards health supplements over the passage of time and is expected to increase the deployment of dietary supplements and would boost the growth of global dietary supplements market throughout the forecast period.

The global dietary supplement market is anticipated to gain traction In the upcoming six years on the back of the rising healthy population growth rate in developed and developing countries across the globe. Additionally, the growing number of youngsters are nowadays focused on health, therefore, the gym joining rate is high and simultaneously the consumption of dietary supplements increased to consume nutrients and as a result, is estimated to benefit the impressive growth of the global dietary supplement market in the forthcoming years. Several key players operate in the global dietary supplement market including Bayer, Natures sunshine products, UST manufacturing, and Herbalife nutrition.

Key Highlights of the Report:

• Global Dietary Supplements Market Overview
• Global Dietary Supplements Market Outlook
• Global Dietary Supplements Market Forecast
• Historical Data of Global Dietary Supplements Market Revenues for the Period 2015-2018
• Global Dietary Supplements Market Size and Global Dietary Supplements Market Forecast of Revenues, Until 2025
• Historical Data of Global Dietary Supplements Market Revenues, by Ingredients, for the Period 2015-2018
• Market Size & Forecast of Global Dietary Supplements Market Revenues, by Ingredients, Until 2025
• Historical Data of Global Dietary Supplements Market Revenues, by Forms, for the Period 2015-2018
• Market Size & Forecast of Global Dietary Supplements Market Revenues, by Forms, Until 2025
• Historical Data of Global Dietary Supplements Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Global Dietary Supplements Market Revenues, By Applications, Until 2025
• Historical Data of Global Dietary Supplements Market Revenues, By End User, for the Period 2015-2018
• Market Size & Forecast of Global Dietary Supplements Market Revenues, By End User, Until 2025
• Historical Data of Global Dietary Supplements Market Revenues, By Distribution Channel, for the Period 2015-2018
• Market Size & Forecast of Global Dietary Supplements Market Revenues, By Distribution Channel, Until 2025
• Historical Data of North America Dietary Supplements Market Revenues, for the Period 2015-2018
• Market Size & Forecast of North America Dietary Supplements Market Revenues, Until 2025
• Historical Data of Latin America Dietary Supplements Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Latin America Dietary Supplements Market Revenues, Until 2025
• Historical Data of Europe Dietary Supplements Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Europe Dietary Supplements Market Revenues, Until 2025
• Historical Data of the Asia Pacific Dietary Supplements Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific Dietary Supplements Market Revenues, Until 2025
• Historical Data of the Middle East & Africa Dietary Supplements Market Revenues, for the Period 2015-2018
• Market Size & Forecast of the Middle East & Africa Dietary Supplements Market Revenues, Until 2025
• Market Drivers and Restraints
• Global Dietary Supplements Market Price Trends
• Global Dietary Supplements Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Dietary Supplements Market Share, By Players
• Global Dietary Supplements Market Share, By Regions
• Global Dietary Supplements Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Dietary Supplements Market report provides a detailed analysis of the following market segments:

By Ingredients:

• Botanicals
• Vitamins
• Minerals
• Fatty Acids
• Others

By Forms:

• Tablets
• Capsules
• Powder
• Liquid
• Soft gels
• Gel capsules
• Others

By End User:

• Adults
• Geriatric
• Pregnant Women
• Children
• Other

By Applications:

• Sport Supplements
• Medicinal Supplements
• Additional Supplements

By Distribution Channel:

• Hospital Pharmacies & Drug Stores
• Supermarkets & Hypermarkets
• Online
• Others

By Regions:

• North America
• Latin America
• Europe
• Asia-Pacific
• Middle East & Africa