Market Forecast 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 & Others), By Applications (Sports Supplements, Medicinal Supplements, Additional Supplements), By Distribution Channel (Hospital Pharmacies & Drug Stores, Supermarkets & Hypermarkets, Online & Others), By Countries (United States, Canada, Rest of North America) and Competitive Landscape.
Product Code: ETC001017 | Publication Date: Mar 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America Dietary Supplements Market is growing due to increasing health concerns, rising healthcare costs, and growing awareness about preventive healthcare. The demand for dietary supplements in North America has been increasing steadily over the years. This trend is expected to continue as consumers become more health-conscious and seek out products that can help them improve their overall wellness. Additionally, consumers are becoming more aware of the quality and safety of dietary supplements, leading to an increased focus on quality control and regulation by manufacturers and government bodies. Further, personalized nutrition is becoming increasingly popular, and dietary supplement manufacturers are responding by offering personalized supplements based on individuals' unique needs and preferences. Moreover, plant-based supplements are gaining popularity as consumers look for natural and sustainable alternatives to traditional supplements. In addition, E-commerce is becoming an important distribution channel for dietary supplements, as consumers increasingly prefer to shop online due to convenience and a wider variety of products. Further, the regulatory changes are impacting the dietary supplement industry in North America, with increased scrutiny and tighter regulations on the ingredients and claims made by manufacturers.
The COVID-19 pandemic has had a significant impact on the North American dietary supplements market. While the industry has experienced growth in the past few years, the pandemic has accelerated this trend due to increased consumer awareness of the importance of maintaining good health and immunity. Additionally, one of the key drivers of the dietary supplements market in North America during the pandemic has been the growing demand for immunity-boosting supplements. Consumers have become more health-conscious, and many have turned to supplements to support their immune systems. Supplements containing vitamins C, D, and zinc have been particularly popular.
The North America dietary supplements industry is undergoing a lot of mergers and acquisitions as larger companies seek to expand their product offerings and reach new markets. These initiatives will enhance the market share of companies. Additionally, consumers are increasingly seeking out natural and organic products, including dietary supplements. Many manufacturers are responding to this trend by incorporating natural and organic ingredients into their products. Further, with the growth of e-commerce, many consumers are now purchasing their dietary supplements online. This has led to an expansion of online retail channels, including e-commerce platforms and company websites. Moreover, increasingly, consumers are looking for personalized dietary supplement options that are tailored to their specific needs. This has led to a rise in customized supplements and personalized nutrition plans. In addition, the sports nutrition segment of the dietary supplements market is expected to continue to grow in North America, driven by increasing interest in fitness and health among consumers. Further, the regulatory environment surrounding dietary supplements in North America is becoming increasingly complex, with new regulations and guidelines being introduced. This has led to a greater focus on compliance and quality control among manufacturers.
Rising healthcare expenditure in the country along with the growing geriatric population are the key factors that would drive the dietary supplements market growth in the next six years. Further, rising consumer awareness regarding preventive medicine, as well as increasing the cost of healthcare would lead to a surge in the market demand for dietary supplements.
According to 6Wresearch, North America Dietary Supplements, market size is anticipated to register growth during 2019-25. Based on ingredients, the market can be categorized into botanicals, vitamins, minerals, protein, and others. With the growing need for nutritional supplements for patients, sports personnel, infants and children for proper nutrition, Vitamin Dietary Supplements acquired a major revenue share in 2018, and are expected to lead the demand during the forecast period as well.
In the overall North America Dietary Supplements market share, the United States has captured a major share of the market revenue pie in 2018 and is expected to lead throughout the forecast period owing to a surge in demand for fatty acids dietary supplements in the country. However, there are strict FDA regulations in the region to monitor both finished and unfinished dietary supplements, which results in fewer manufacturers entering the North American market.
The North America Dietary Supplements market report thoroughly covers the market by ingredients, form, end-user, distribution channel, applications, and countries including the United States, Canada, and the rest of North America. The North America Dietary Supplements market outlook report provides an unbiased and detailed analysis of the ongoing North America 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 North America, the total revenue of the share is used vitamin ingredients in the production of dietary supplements. The ingredient that going to be used by the application in the light it's going to provide various types of benefits and there is a lot of improvement in the immune system against the disorders cardiovascular and the human body supports the strength of muscular. The product demand is rising because of the awareness among the consumers and nutritious diet and healthy increase in the demand for energy drinks and fuel food processed. Due to the increase in the population, the growth of the global food industry is changing the lifestyle of consumers it is expected to drive the demand. In the forecast period, the Botanicals segment is expected to grow the fastest. The segment of dietary supplements is going to expand more in the upcoming years. To boost product consumption and mounting concerns are the adverse effects associated with the consumption of synthetically derived nutraceuticals. There are many problems of chronic diseases such as arthritis, cardiovascular problems and diabetes main advantages associated with botanical drugs over synthetic drugs such as safer and economic is the main factor driving the growth of the industry. In addition, the technological advancements that the introduction of innovative products in the industry of herbal is expected to the growth of the market botanicals.
North American supplements tablets constituted 35.0%. At the regional level, the expected nutritional products from the tablets and the positive impact on the industry. As considered the cost of effective supplements on the account is less expensive to the product as compared to the counterpart of the product forms. The tablets have an excellent of the manufacturer's point of view, retaining the potency over a long time. In dietary supplements, the manufacturers account for the availability of a wide range of colours which going to providing convenience. NUTRILITE is consumed with drinks and milk products the power forms are expected to grow fastest, they have the segment of energy-mix powders which is used by bodybuilders, sportspersons, and athletes.
Mexico is expected to grow faster in the market over the years ahead. The population is expected to grow in urbanization and rising disposable income in Mexico is going to play a crucial role in opening new retail and supermarkets. The increase in the number of inventories of nutraceuticals is going to expect the product and access buyers including old-aged people, children, and adults.
In the dietary supplement, the end-user segments of the retail outlets in the company store Herbalife and Amway in the U.S is going to have a positive impact on the market of North America and there raise awareness towards the self-care is going to promote the demand for dietary supplements in the forecast periods.
The dietary supplements market is insights in North America numerous large, small-scale manufacturers operate in the market. There are major factors such as penetration of the product in the different sectors, consumer health awareness, presence of well-established manufacturers, and intensity of rivalry in the competition in the regions. The dietary supplements markets in nature have a share and are fragmented with the largest sections of the key manufacturers. The U.S.-based industry's key players from different regional industry players give a competitive environment during the forecast period.
The North America Dietary Supplements Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. North America Dietary Supplements Market Overview |
3.1. North America Dietary Supplements Market Revenues, 2015-2025F |
3.2. North America Dietary Supplements Market Revenue Share, By Ingredients, 2018 & 2025F |
3.3. North America Dietary Supplements Market Revenue Share, By Form, 2018 & 2025F |
3.4. North America Dietary Supplements Market Revenue Share, By Applications, 2018 & 2025F |
3.5. North America Dietary Supplements Market Revenue Share, By End User, 2018 & 2025F |
3.6. North America Dietary Supplements Market Revenue Share, By Distribution Channel, 2018 & 2025F |
3.7. North America Dietary Supplements Market Revenue Share, By Countries, 2018 & 2025F |
3.8. North America Dietary Supplements Market Industry Life Cycle |
3.9. North America Dietary Supplements Market- Porter’s Five Forces, 2018 |
4. North America Dietary Supplements Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. North America Dietary Supplements Market Trends |
6. North America Dietary Supplements Market Overview, By Ingredients |
6.1. North America Dietary Supplements Market Revenues, By Botanicals, 2015-2025F |
6.2. North America Dietary Supplements Market Revenues, By Vitamins, 2015-2025F |
6.3. North America Dietary Supplements Market Revenues, By Minerals, 2015-2025F |
6.4. North America Dietary Supplements Market Revenues, By Fatty Acids, 2015-2025F |
6.5. North America Dietary Supplements Market Revenues, By Others, 2015-2025F |
7. North America Dietary Supplements Market Overview, By Forms |
7.1. North America Dietary Supplements Market Revenues, By Tablets, 2015-2025F |
7.2. North America Dietary Supplements Market Revenues, By Capsules, 2015-2025F |
7.3. North America Dietary Supplements Market Revenues, By Powder, 2015-2025F |
7.4. North America Dietary Supplements Market Revenues, By Liquid, 2015-2025F |
7.5. North America Dietary Supplements Market Revenues, By Soft Gels, 2015-2025F |
7.6. North America Dietary Supplements Market Revenues, By Gel Caps, 2015-2025F |
7.7. North America Dietary Supplements Market Revenues, By Others, 2015-2025F |
8. North America Dietary Supplements Market Overview, By Applications |
8.1. North America Dietary Supplements Market Revenues, By Additional Supplements, 2015-2025F |
8.2. North America Dietary Supplements Market Revenues, By Medicinal Supplements, 2015-2025F |
8.3. North America Dietary Supplements Market Revenues, By Sports Supplements, 2015-2025F |
9. North America Dietary Supplements Market Overview, By End User |
9.1. North America Dietary Supplements Market Revenues, By Adults, 2015-2025F |
9.2. North America Dietary Supplements Market Revenues, By Geriatric, 2015-2025F |
9.3. North America Dietary Supplements Market Revenues, By Pregnant Women, 2015-2025F |
9.4. North America Dietary Supplements Market Revenues, By Children, 2015-2025F |
9.5. North America Dietary Supplements Market Revenues, By Others, 2015-2025F |
10. North America Dietary Supplements Market Overview, By Distribution Channel |
10.1. North America Dietary Supplements Market Revenues, By Hospital Pharmacies & Drug Stores, 2015-2025F |
10.2. North America Dietary Supplements Market Revenues, By Supermarkets & Hypermarkets, 2015-2025F |
10.3. North America Dietary Supplements Market Revenues, By Online, 2015-2025F |
10.4. North America Dietary Supplements Market Revenues, By Others, 2015-2025F |
11. United States Dietary Supplements Market Overview |
11.1. United States Dietary Supplements Market Revenues, 2015-2025F |
11.2. The United States Dietary Supplements Market Revenues, By Ingredients, 2015-2025F |
11.3. The United States Dietary Supplements Market Revenues, By Form, 2015-2025F |
11.4. The United States Dietary Supplements Market Revenues, By Applications, 2015-2025F |
11.5. The United States Dietary Supplements Market Revenues, By End User, 2015-2025F |
11.6. The United States Dietary Supplements Market Revenues, By Distribution Channel, 2015-2025F |
12. Canada Dietary Supplements Market Overview |
12.1. Canada Dietary Supplements Market Revenues, 2015-2025F |
12.2. Canada Dietary Supplements Market Revenues, By Ingredients, 2015-2025F |
12.3. Canada Dietary Supplements Market Revenues, By Form, 2015-2025F |
12.4. Canada Dietary Supplements Market Revenues, By Applications, 2015-2025F |
12.5. Canada Dietary Supplements Market Revenues, By End User, 2015-2025F |
12.6. Canada Dietary Supplements Market Revenues, By Distribution Channel, 2015-2025F |
13. Rest of North America Dietary Supplements Market Overview |
13.1. Rest of North America Dietary Supplements Market Revenues, 2015-2025F |
14. North America Dietary Supplements Market Opportunity Assessment |
14.1. North America Dietary Supplements Market Opportunity Assessment, By Ingredients, 2025F |
14.2. North America Dietary Supplements Market Opportunity Assessment, By Form, 2025F |
14.3. North America Dietary Supplements Market Opportunity Assessment, By Applications, 2025F |
14.4. North America Dietary Supplements Market Opportunity Assessment, By End User, 2025F |
14.5. North America Dietary Supplements Market Opportunity Assessment, By Distribution Channel, 2025F |
15. North America Dietary Supplements Market Competitive Landscape |
15.1. North America Dietary Supplements Market Revenue Share, By Companies, 2018 |
15.1.1. The United States Dietary Supplements Market Revenue Share, By Companies, 2018 |
15.1.2. Canada Dietary Supplements Market Revenue Share, By Companies, 2018 |
15.2. North America Dietary Supplements Market Competitive Benchmarking, By Operating Parameters |
16. Company Profiles |
17. Strategic Recommendations |
18. Disclaimer |