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Global Dietary Supplements Market Research Report—Forecast till 2025
Market Analysis
Global Dietary Supplements Market is accounted register a CAGR of 6.85% to surpass USD 158,468.7 Million during the forecast period. Dietary supplements are used to add nutrients value to the diet to enhance immunity and reduce the risk of health problems. The dietary supplements are available in pills, capsules, powders, gel tabs, and liquid forms and include vitamins, minerals, herbs, botanicals, enzymes, amino acids, or other dietary ingredients. It contains vitamins, minerals, fiber, amino acids, herbs, or other plants, calcium, enzymes, and other dietary elements. The rising focus on preventive healthcare and increasing expenditure on healthcare products is expected to drive the growth of the global dietary supplements market.
The global dietary supplements market is expected to witness a substantial expansion during the evaluation period owing to rising health-conscious consumer pool across the, and adoption of a healthy lifestyle, and rising focus on preventive healthcare. Furthermore, the consumer base for sports nutrition products is increasing due to dietary supplements in their diet to lose weight, fight age-related ailments such as sarcopenia, and vegans, and vegetarians. Besides this, the strict government regulations and rising awareness of the side effects are attributed to restrain the market growth of the global market.
Market Segmentation
The global dietary supplements market has been segregated based on type, form, and distribution channel. Based on product type, the global dietary supplements market has been categorized into vitamins, minerals, amino acids & proteins, probiotics, blends, and others. By Distribution Channel the market has been classified into Store-Based and non-store based types. The store-based market has been again categorized as Supermarkets & Hypermarkets, Specialty Stores, and Others. In terms of form the global dietary supplements market has been divided into Tablets, Capsules, & Softgels, Powders, Gummies, and Others.
Regional Analysis
North America is expected to constitute a dominant share of the dietary supplements market during the forecast period. The region accounted for a 37.06% share of the market in 2018. The US and Canada are among the major contributors to the growth of the North American market. The market in the region is accounted for to register a significant CAGR of 6.43% during the review period. The escalating medical service costs have resulted in a shift of consumers toward the adoption of healthy alternatives in their daily routine and the consumption and demand for dietary supplements have increased drastically. Mainly, the consumption of vitamin supplements is exceptionally high in North America. Furthermore, the Asia-Pacific market holds a prominent share of the global Dietary supplements market due to the growing adoption of healthy lifestyles and expanding the organized retail sector in the emerging economies of Asia-Pacific.
Major Players
The key players in the Global Dietary Supplements Market include 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).
COVID 19 Impacts
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations and many other useful insights.
Market Analysis
Global Dietary Supplements Market is accounted register a CAGR of 6.85% to surpass USD 158,468.7 Million during the forecast period. Dietary supplements are used to add nutrients value to the diet to enhance immunity and reduce the risk of health problems. The dietary supplements are available in pills, capsules, powders, gel tabs, and liquid forms and include vitamins, minerals, herbs, botanicals, enzymes, amino acids, or other dietary ingredients. It contains vitamins, minerals, fiber, amino acids, herbs, or other plants, calcium, enzymes, and other dietary elements. The rising focus on preventive healthcare and increasing expenditure on healthcare products is expected to drive the growth of the global dietary supplements market.
The global dietary supplements market is expected to witness a substantial expansion during the evaluation period owing to rising health-conscious consumer pool across the, and adoption of a healthy lifestyle, and rising focus on preventive healthcare. Furthermore, the consumer base for sports nutrition products is increasing due to dietary supplements in their diet to lose weight, fight age-related ailments such as sarcopenia, and vegans, and vegetarians. Besides this, the strict government regulations and rising awareness of the side effects are attributed to restrain the market growth of the global market.
Market Segmentation
The global dietary supplements market has been segregated based on type, form, and distribution channel. Based on product type, the global dietary supplements market has been categorized into vitamins, minerals, amino acids & proteins, probiotics, blends, and others. By Distribution Channel the market has been classified into Store-Based and non-store based types. The store-based market has been again categorized as Supermarkets & Hypermarkets, Specialty Stores, and Others. In terms of form the global dietary supplements market has been divided into Tablets, Capsules, & Softgels, Powders, Gummies, and Others.
Regional Analysis
North America is expected to constitute a dominant share of the dietary supplements market during the forecast period. The region accounted for a 37.06% share of the market in 2018. The US and Canada are among the major contributors to the growth of the North American market. The market in the region is accounted for to register a significant CAGR of 6.43% during the review period. The escalating medical service costs have resulted in a shift of consumers toward the adoption of healthy alternatives in their daily routine and the consumption and demand for dietary supplements have increased drastically. Mainly, the consumption of vitamin supplements is exceptionally high in North America. Furthermore, the Asia-Pacific market holds a prominent share of the global Dietary supplements market due to the growing adoption of healthy lifestyles and expanding the organized retail sector in the emerging economies of Asia-Pacific.
Major Players
The key players in the Global Dietary Supplements Market include 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).
COVID 19 Impacts
We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations and many other useful insights.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
