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According to our LPI (LP Information) latest study, the global Dietary Supplements market size was valued at US$ 77230 million in 2023. With growing demand in downstream market, the Dietary Supplements is forecast to a readjusted size of US$ 101240 million by 2030 with a CAGR of 3.9% during review period.
The research report highlights the growth potential of the global Dietary Supplements market. Dietary Supplements are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Dietary Supplements. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Dietary Supplements market.
Dietary supplements are substances you might use to add nutrients to your diet or to lower your risk of health problems such as osteoporosis or arthritis. Dietary supplements come in the form of pills, capsules, powders, gel capsules and tablets, extracts, or liquids. They have the common characteristics of general foods and can regulate the functions of the human body. They are suitable for consumption by specific groups of people, but not for the purpose of curing diseases.
Global 5 largest manufacturers of Dietary Supplements are Amway, Herbalife Nutrition, Suntory Holdings Limited, INFINITUS and By-health, which make up over 14%. Among them, Amway is the leader with about 6% market share.
In terms of product type, Vitamins and Minerals occupy the largest share of the total market, more than 60%. In terms of product application, adults occupy the largest share of the total market, about 56%.
Key Features:
The report on Dietary Supplements market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Dietary Supplements market. It may include historical data, market Segmentation by Type (e.g., Vitamins and Minerals, Weight Management/Sports Nutrition Supplements), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Dietary Supplements market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Dietary Supplements market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Dietary Supplements industry. This include advancements in Dietary Supplements technology, Dietary Supplements new entrants, Dietary Supplements new investment, and other innovations that are shaping the future of Dietary Supplements.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Dietary Supplements market. It includes factors influencing customer ' purchasing decisions, preferences for Dietary Supplements product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Dietary Supplements market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Dietary Supplements market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Dietary Supplements market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Dietary Supplements industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Dietary Supplements market.
Market Segmentation:
Dietary Supplements market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
- Vitamins and Minerals
- Weight Management/Sports Nutrition Supplements
- Herbal Botanical Extracts
- Probiotics
- Others
Segmentation by application
- Children/ Teenagers
- Adults
- Special Group
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Amway
- Herbalife Nutrition Ltd.
- Suntory Holdings Limited
- INFINITUS
- By-health
- PERFECT
- Glanbia Plc
- GNC Holdings, LLC
- USANA Health Sciences, Inc.
- H&H Group
- Nestlé SA
- Blackmores Limited
- China New Era Group
- Tongrentang
- Xiamen Kindomway Group Company
- Nature's Care