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Dietary Supplements Market to Record Steadfast Evolution Through 2022-2030

Increasing geriatric population across the globe and shifting consumer preference due to rising health awareness are key factors driving market revenue growth
Published 29 June 2023

Global Dietary Supplements Market research report published by Emergen Research describes in detail the vital aspects of the Dietary Supplements market on a global and regional level. The Report includes the approximate study of different segments in terms of overall growth, development, opportunity, business strategies, procedures, etc. The report contains the fundamentals produced and advancements by different applications Share and The latest trend gaining momentum in the market that increases awareness about the Dietary Supplements market. The report supplies a comprehensive analysis of business aspects like global Dietary Supplements market size, recent technological advances, and inventions. The research report consists of an introduction of the market, key players, opportunities, restraints, product and type classification, and overall market analysis.

The global dietary supplements market size reached USD 145.40 Billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for vegan and plant-based supplements and rising prevalence of obesity and diabetes globally are factors projected to support market revenue growth between 2022 and 2030.

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Report Scope:

Historical Data: 2019-2020

Forecast Period: 2022-2030

CAGR: 7.5%

Base Year: 2021

Number of Pages: 250

The report aims to provide a determining analysis of the market competition to help the user make a pivotal business analysis. The complete portfolios of the key companies, including their production capacity, revenue share and size, gross margin, sales revenue and margin, growth rate, along with their business strategies and technological developments, have been discussed in the report. The companies operating in the market and profiled in the report include

  • Abbott
  • Amway Corp.
  • Procter & Gamble
  • Nestle
  • Herbalife International of America Inc.
  • Arkopharma
  • Glanbia PLC
  • Nature's Sunshine Product Types, Inc.
  • American Health
  • Capstone Nutrition
  • LLC

The research study also focuses on a comprehensive analysis of market trends, driving factors and constraints affecting the market growth, and opportunities for business development and expansion.

The report further discusses in detail the market segmentation based on types and applications.

  • Product Type Outlook (Revenue, USD Billion; 2019–2030)
  • Botanicals
  • Minerals
  • Vitamins
  • Amino Acids
  • Enzymes
  • Probiotics
  • Herbal Supplements
  • Others
  • Function Outlook (Revenue, USD Billion; 2019–2030)
  • Medicinal Supplements
  • Sports Nutrition
  • Additional Supplements
  • Application Outlook (Revenue, USD Billion; 2019–2030)
  • Bone & Joint
  • Energy & Weight Management
  • Diabetes
  • Immunity
  • Others

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The research study on the global Dietary Supplements market provides a complete detail-oriented assessment of this market and provides an accurate evaluation of market tendencies such as revenue estimations and shares, current market value, future market valuation, and market size over the forecast years. The report focuses on the evaluation of the given market in major regions and the countries included in those regions. The report provides details of the market considering the geographical landscape that includes North America, Latin America, Asia Pacific, Europe, and Middle East & Africa.

Some Key Highlights From the Report:

  • Herbal supplements segment accounted for a significantly large revenue share in 2021, owing to rising adoption of vegan diets in various countries. Herbal supplements are produced using ingredient such as plant roots, seeds, berries, leaves, bark, and flowers, and are highly valued for their healing benefits. Herbal supplements help in boosting immunity without any adverse effects and are more effective in providing symptomatic relief, especially while fighting allergies.
  • Energy & weight management segment is expected to account for largest revenue share over the forecast period due to rising health awareness among consumers and increasing number of weight management programs. Dietary supplements contain a variety of ingredients such as vitamins, herbs, minerals, fiber, caffeine, and others, which can help to boost energy, build muscle, and improve nutrition.
  • Asia Pacific market is expected to account for a considerably large revenue share due to rising prevalence of diabetes and obesity among adults and children owing to changing lifestyle and food habits. Increasing population and growing health consciousness among consumers are increasing expenditure on health-enhancing products, which is driving revenue growth of the Asia Pacific market.
  • On 19 August 2021, Tikun-Olam partnered with Ambrosia-SupHerb, which is a leading nutritional supplement company based in Israel. This partnership will help both companies to produce and market Israel’s first dietary supplement line using mushrooms and low-delta-9 tetrahydrocannabinol (THC).

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Table of Content

Chapter 1. Methodology & Sources

  1.1. Market Definition

  1.2. Research Scope 

  1.3. Methodology

  1.4. Research Sources

     1.4.1. Primary

     1.4.2. Secondary

     1.4.3. Paid Sources

  1.5. Market Estimation Technique

Chapter 2. Executive Summary

  2.1. Summary Snapshot, 2023–2032

Chapter 3. Key Insights

Chapter 4. Dietary Supplements Market Segmentation & Impact Analysis

  4.1. Dietary Supplements Market Segmentation Analysis

  4.2. Industrial Outlook

     4.2.1. Market indicators analysis

     4.2.2. Market drivers analysis

          4.2.2.1. Growing incidence of breast cancer

          4.2.2.2. Increasing awareness on early oncological detection testing

     4.2.3. Market restraints analysis

          4.2.3.1. Lack of reliable biomarkers

  4.3. Technological Insights 

  4.4. Regulatory Framework

  4.5. Porter’s Five Forces Analysis

  4.6. Competitive Metric Space Analysis

  4.7. Price trend Analysis

  4.8. Covid-19 Impact Analysis

Chapter 5. Dietary Supplements Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Dietary Supplements Market By Circulating Biomarker Insights & Trends, Revenue (USD Billion)

Chapter 7. Dietary Supplements Market Regional Outlook

  7.1. Dietary Supplements Market share By Region, 2023–2032

  7.2. North America

  7.3. Europe

  7.4. Asia-Pacific

  7.5. Latin America

  7.6. Middle East & Africa

Chapter 8. Competitive Landscape

  8.1. Market Revenue Share By Manufacturers

  8.2. Mergers & Acquisitions

  8.3. Competitor’s Positioning

  8.4. Strategy Benchmarking

  8.5. Vendor Landscape

Chapter 9. Company Profiles          

  9.1. Company

     9.1.1. Company Overview

     9.1.2. Circulating Biomarker & Service Offerings

     9.1.3. Strategic Initiatives 

     9.1.4. Financials

     9.1.5. Emergen Research Insights

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