Dietary Supplements Market Size, Share, Trends, Growth Outlook

The Global Dietary Supplements Market is estimated to be US$ 181.0 Billion in 2023. It is poised to register 7.6% growth over the forecast period from 2023 to 2030 to reach US $ 302.2 billion in 2030.

 

The market growth is driven by the Increasing awareness of the importance of nutrition and preventive healthcare has been a significant driver for the dietary supplements market. Consumers are proactively seeking ways to improve their overall health and well-being. Leading companies are focusing on Aging Population, Preventive Healthcare, Plant-Based and Vegan Supplements, Mental Health Supplements, Regulatory Changes, Digital Health and Telemedicine, Natural Ingredients, and others to boost market shares in the industry.

 

Market Overview

The global dietary supplements market, worth over $140 billion in 2020, is fueled by health-consciousness, preventive healthcare, and an aging population. It encompasses vitamins, minerals, herbs, and specialized supplements. Drivers include wellness focus, sports nutrition popularity, and online sales. Challenges include regulation and competition. North America and Europe are established markets, with Asia-Pacific showing growth potential. Adaptability and product quality are key to industry success.

 

Market Dynamics

Market Trends- Companies are launching Fitness and Sports Nutrition to attract a consumer base

Fitness and sports nutrition supplements are a thriving subset of the dietary supplements market, driven by the rising popularity of fitness and athleticism. These supplements, including protein products, amino acids, and pre/post-workout formulas, cater to consumers seeking improved exercise performance and muscle recovery. The segment's growth is propelled by a fitness-centric culture, increased awareness of protein's role in muscle development, and the pursuit of peak physical performance.

 

Market Driver- Mental Health and Stress Management Demand for Dietary Supplements Market

Mental health and stress management supplements are gaining traction due to growing awareness of mental well-being and stress reduction needs. These supplements, often containing vitamins, minerals, herbs, and adaptogens, target consumers seeking cognitive support and stress relief, driven by lifestyle stressors and the impact of the COVID-19 pandemic. Companies are innovating in this space, offering products to enhance mental clarity, mood, and resilience, appealing to individuals seeking better psychological well-being in today's stressful environment.

 

Market Opportunity-Introduction of Plant-Based and Vegan Supplements

Plant-based and vegan supplements, a rapidly growing dietary supplements market segment, cater to plant-based and vegan lifestyles by sourcing ingredients from plants and excluding animal-derived components. These products include plant-based proteins, vegan vitamins, minerals, and omega-3 supplements. The segment's growth is fueled by the increasing popularity of veganism, environmental concerns, and health-conscious consumer preferences. As more individuals adopt plant-based diets, companies are introducing innovative, cruelty-free options to meet the dietary needs of this expanding market.

 

 

Market Share Analysis- proteins and amino acids Dietary Supplements Market will register the fastest growth

The Global Dietary Supplements Market is analyzed across proteins amino acids, Vitamins, Botanicals, Minerals, Fibers Specialty Carbohydrates, Omega Fatty Acids, and others. Of these, Proteins and Amino acids will register the fastest growth.  Proteins and amino acids are pivotal in the dietary supplements market, primarily supporting muscle development and recovery. Protein supplements encompass whey, casein, and plant-based varieties, catering to athletes, fitness enthusiasts, and protein needs.

 

Market Share Analysis- Tablets held a significant market share in 2023

The Global Dietary Supplements Market is analyzed across various forms including Tablets, Capsules, Soft Gels, Powders, Gummies, and others. Of these, Tablets held a significant market share in 2023.  Tablets are a common dietary supplement format, providing convenient and precise dosing for consumers. They contain a variety of nutrients and compounds for overall health and wellness and are favored for their portability and stability

 

 

Dietary Supplements Market Segmentation

By Ingredient

• Vitamins
• Botanicals
• Minerals
• Proteins and Amino acids
• Fibers and Specialty Carbohydrates
• Omega Fatty Acids
• Others

 

By Form

• Tablets
• Capsules
• Soft Gels
• Powders
• Gummies
• Liquids
• Others

 

By Application

• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Others

 

By End-User

• Adults
• Geriatric
• Pregnant Women
• Children
• Infants

 

By Distribution Channel

• Online
• Pharmacy
• Supermarkets
• Others

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

 

Dietary Supplements Market Companies

 

 

• Amway
• Abbott
• Nestle
• Bayer AG
• Glanbia plc
• Pfizer Inc
• Otsuka Holdings
• Archer Daniels Midland
• GlaxoSmithKline plc.
• NU SKIN
• Herbalife Nutrition
• Nature's Sunshine Products Inc.
• Bayer AG
• Bionova
• Arkopharma

 

* List not exhaustive

 

Dietary Supplements Market Outlook 2023

1 Market Overview

1.1 Introduction to the Dietary Supplements Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Dietary Supplements Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Dietary Supplements Market Companies with Area Served

4.2.2 Products Offerings Global Dietary Supplements Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Dietary Supplements Market Trends

6.1 Global Dietary Supplements Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Dietary Supplements Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Dietary Supplements Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Dietary Supplements Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Dietary Supplements Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Dietary Supplements Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Dietary Supplements Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Dietary Supplements Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Dietary Supplements Development Regional Status and Outlook

8.1 Global Dietary Supplements Revenue (USD Million) By Regions (2018-2022)

8.2 North America Dietary Supplements Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Dietary Supplements Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Dietary Supplements Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Dietary Supplements Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Dietary Supplements Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Dietary Supplements Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Dietary Supplements Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Dietary Supplements Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Dietary Supplements Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Dietary Supplements Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Dietary Supplements Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Dietary Supplements Revenue (USD Million) by Applications (2018-2022)

8.5 South America Dietary Supplements Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Dietary Supplements Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Dietary Supplements Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Dietary Supplements Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Dietary Supplements Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Dietary Supplements Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Dietary Supplements Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Dietary Supplements Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Dietary Supplements Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Dietary Supplements Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Dietary Supplements Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Dietary Supplements Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Dietary Supplements Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Dietary Supplements Development Regional Status and Outlook Forecast

11.1 Global Dietary Supplements Revenue (USD Million) By Regions (2023-2030)

11.2 North America Dietary Supplements Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Dietary Supplements Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Dietary Supplements Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Dietary Supplements Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Dietary Supplements Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Dietary Supplements Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Dietary Supplements Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Dietary Supplements Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Dietary Supplements Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Dietary Supplements Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Dietary Supplements Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Dietary Supplements Revenue (USD Million), by Applications (2023-2030)

11.5 South America Dietary Supplements Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Dietary Supplements Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Dietary Supplements Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Dietary Supplements Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Dietary Supplements Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Dietary Supplements Revenue (USD Million), by Region (2023-2030)

11.6.2 Middle East and Africa Dietary Supplements Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Dietary Supplements Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Dietary Supplements Market Companies with Areas Served

Table 3 Products Offerings Global Dietary Supplements Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Dietary Supplements Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Dietary Supplements Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Dietary Supplements Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Table 11 Global Dietary Supplements Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Dietary Supplements Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Dietary Supplements Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Dietary Supplements Market Share (%) By Regions (2018-2022)

Table 16 North America Dietary Supplements Revenue (USD Million) By Country (2018-2022)

Table 17 North America Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Table 18 North America Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Dietary Supplements Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Dietary Supplements Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Dietary Supplements Revenue (USD Million) By Country (2018-2022)

Table 26 South America Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Table 27 South America Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Dietary Supplements Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Table 33 Global Dietary Supplements Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Dietary Supplements Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Dietary Supplements Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Dietary Supplements Revenue (USD)By Country (2023-2030)

Table 38 North America Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Table 39 North America Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Dietary Supplements Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Dietary Supplements Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Dietary Supplements Revenue (USD Million) By Country (2023-2030)

Table 47 South America Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Table 48 South America Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Dietary Supplements Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Dietary Supplements Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Dietary Supplements Revenue Market Share (%) By Type (2022)

Figure 5 Global Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Dietary Supplements Revenue Market Share (%) By Applications (2022)

Figure 7 Global Dietary Supplements Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Dietary Supplements Market Share (%) By Regions (2022)

Figure 9 North America Dietary Supplements Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Dietary Supplements Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Dietary Supplements Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Dietary Supplements Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Dietary Supplements Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Dietary Supplements Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Dietary Supplements Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Dietary Supplements Revenue Market Share (%) By Type (2030)

Figure 26 Global Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Dietary Supplements Revenue Market Share (%) By Applications (2030)

Figure 28 Global Dietary Supplements Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Dietary Supplements Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Dietary Supplements Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Dietary Supplements Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Dietary Supplements Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Dietary Supplements Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Dietary Supplements Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Dietary Supplements Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Dietary Supplements Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

 

Dietary Supplements Market Segmentation

By Ingredient

• Vitamins
• Botanicals
• Minerals
• Proteins and Amino acids
• Fibers and Specialty Carbohydrates
• Omega Fatty Acids
• Others

 

By Form

• Tablets
• Capsules
• Soft Gels
• Powders
• Gummies
• Liquids
• Others

 

By Application

• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Others

 

By End-User

• Adults
• Geriatric
• Pregnant Women
• Children
• Infants

 

By Distribution Channel

• Online
• Pharmacy
• Supermarkets
• Others

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)