Global Dietary Supplements Market 2024-2028
The dietary supplements market is forecasted to grow by USD 65.1 bn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the dietary supplements market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of healthy eating habits, rising awareness of preventative healthcare, and growing interest in sports and fitness activities.
Technavio's dietary supplements market is segmented as below:
By Product
- Vitamins
- Combination
- Fatty acids
- Probiotics
- Others
By Distribution Channel
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the rise of plant-based protein supplements as one of the prime reasons driving the dietary supplements market growth during the next few years. Also, emphasis on clean label and transparency in packaging dietary supplements and proliferating demand for personalized supplement solutions will lead to sizable demand in the market.
The report on the dietary supplements market covers the following areas:
- Dietary supplements market sizing
- Dietary supplements market forecast
- Dietary supplements market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading dietary supplements market vendors that include Abbott Laboratories, Amway Corp., Archer Daniels Midland Co., Arkopharma Laboratories, Bayer AG, Carlyle Nutritionals LLC, Glanbia plc, Haleon Plc, Herbalife International of America Inc., Natures Sunshine Products Inc., Natures Way Brands LLC, NOW Health Group Inc., Nu Skin Enterprises Inc., NutriGold Inc., Orgenetics Inc., Otsuka Pharmaceutical Co. Ltd., Pfizer Inc., Reckitt Benckiser Group Plc, Sanofi SA, and Suntory Holdings Ltd.. Also, the dietary supplements market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.