Dietary Supplements Market Analysis and Forecast to 2031: By Ingredient (Vitamins, Minerals), By Form, By Application, By End User, and By Distribution Channel
Shifting consumer preferences, rising health awareness, a growing senior population, and the adoption of a balanced diet are all driving the market for dietary supplements. The convergence of important business trends has created new opportunities for key industry participants. One of the key elements fueling the need for dietary supplements is changing lifestyles and food habits. The market for dietary supplements would benefit from the growing positive perspective on sports nutrition.
Due to customers’ larger spending capacity, the United States has emerged as a key market for dietary supplements. Over the projected period, rising healthcare spending, a growing senior population, rising interest in preventative healthcare, and increased interest in achieving wellness via nutrition are expected to boost market growth.
Because of the popularity of omega-3-based supplements, the vitamin segment is rising continuously, whereas the fatty acid segment is the fastest growing supplement section.
Asia-Pacific is the dietary supplement market’s fastest-growing region, owing to significant investment prospects, particularly in herbal and Ayurveda extract-based products.
COVID-19 Impact
The COVID-19 pandemic has primarily afflicted North America and European countries such as the United States, Italy, Spain, the United Kingdom, France, and Germany. The nutritional supplement sector is heavily focused in these areas, which benefited from the scenario as the market for immunity-boosting supplements saw a boom in demand.
The increasing threat of covid 19 infection has pushed people to incorporate immune-boosting goods and supplements into their daily life since the start of the pandemic. This presents a business opportunity for supplement manufacturers. Furthermore, the cost-effectiveness of fundamental product kinds such as minerals and vitamin supplements, as well as the availability of a wide range of dietary additives via e-commerce platforms, contribute to the market’s growth.
Report Coverage
| Report Attribute | Details |
|---|---|
| Historic Period | 2015-2020 |
| Forecast Period | 2022-2031 |
| Base Year | 2021 |
| Segments Covered | Type, Target, Application, Distribution Channel |
| Key Companies | Amway Corp., Glanbia PLC, Abbott, Bayer AG, Pfizer Inc., Herbalife Nutrition, Nature’s Sunshine Products, Carlyle Group, Bio-Botanica Inc., American Health |
| Regional Scope | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
| Analysis Coverage | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
Key Trends and Drivers:
- As the prevalence of age-related and lifestyle-related disorders rises, consumers are becoming more aware of preventative health care measures and, as a result, are gravitating toward health-beneficial products such as food additives, which is predicted to boost the global market.
- Consumers in all regions are becoming more health-conscious, which is propelling the dietary supplement industry forward. Another significant driver expected to fuel the total market is the aging population of various nations, such as Japan, Italy, Portugal, and Germany.
- Probiotics are a major player in the burgeoning nutritional supplement market, with people of all ages taking them.
- However, millennials consume the most due to a growing knowledge of health and wellbeing through multi-channel advertising, which has a significant impact on their consumption patterns.
Restraints and Challenges:
-
People are benefiting from advances in technology and science by having access to weight-loss supplements.However, these supplements are expensive, and not everyone can afford them, particularly in developing countries.And it has the potential to be a big market constraint.
-
Dietary supplement manufacturing necessitates high-cost research and customization. That is why they are costly, and the fact that these supplements are less priced could hurt their market. People in rural areas are unaware of these products, and even if they are, they are unwilling to pay a high price for them, posing a challenge to the worldwide market.
Segmentation:
By Type
- Vitamins
- Minerals
- Botanicals
- Probiotics
- Amino acids
- Enzymes
By Target
- Infant
- Children
- Adult
- Pregnant women
- Elderly
By Application
- Energy & Weight Management
- General Health
- Bone & Joint Health
- Gastrointestinal Health
- Immunity
- Cardiac Health
- Diabetes
- Anti-cancer
- Lungs Detox/Cleanse
- Skin/Hair/Nails
- Sexual Health
- Brain/Mental Health
- Insomnia
- Menopause
- Anti-aging
- Prenatal Health
By Distribution Channel
- Supermarkets
- Pharmacies
- Specialty Stores
- Practitioner
- Online
Key Players:
- Amway Corp.
- Glanbia PLC
- Abbott
- Bayer AG
- Pfizer Inc.
- Herbalife Nutrition
- Nature’s Sunshine Products
- Carlyle Group
- Bio-Botanica Inc.
- American Health
Recent Developments:
April 12 2022: Global public health organization NSF is collaborating with Wegmans Food Markets to launch its Verified with Confidence program for all dietary supplements, herbals, probiotics, and CBD-containing products sold at Wegmans.
April 11 2022: Evolve Supplements is Excited to Announce the Launch of Its New Online Shopping Experience.
April 11 2022: Ladder, the Sports Nutrition Company Created by LeBron James and Arnold Schwarzenegger, Releases New and Improved “Superfood Greens” Supplement.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Dietary Supplements Market Outlook
3.1. Dietary Supplements Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. Pestle Analysis
3.5. Value Chain Analysis
3.5.1. Raw Type Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and Retailers
3.6. Impact of Russia and Ukraine War On the Global Dietary Supplements Market
Chapter 4. Economic Impact of Covid-19
4.1. Overall Impact of Covid-19
4.2. Impact of Covid On the Global Dietary Supplements Market
4.3. Economic Impact Analysis
Chapter 5. Dietary Supplements Market by Application
5.1. Market Overview
5.2. Energy & Weight Management
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. General Health
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Bone & Joint Health
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Gastrointestinal Health
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.6. Others
5.6.1. Market Size and Forecast, 2021-2031 ($Million)
5.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Dietary Supplements Market by Type
6.1. Market Overview
6.2. Vitamins
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Minerals
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Botanicals
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Probiotics
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Dietary Supplements Market by Target
7.1. Market Overview
7.2. Infant
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Children
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Adult
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Dietary Supplements Market by Distribution Channel
8.1. Market Overview
8.2. Supermarkets
8.2.1. Market Size and Forecast, 2021-2031 ($Million)
8.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
8.3. Pharmacies
8.3.1. Market Size and Forecast, 2021-2031 ($Million)
8.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
8.4. Specialty Stores
8.4.1. Market Size and Forecast, 2021-2031 ($Million)
8.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 9. Dietary Supplements Market, by Region
9.1. Overview
9.2. North America
9.2.1. Key Market Trends and Opportunities
9.2.2. North America Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.2.3. North America Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.4. North America Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.2.5. North America Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.2.6. North America Dietary Supplements Market Size and Forecast by Country, 2021-2031, ($Million)
9.2.7. The U.S.
9.2.7.1. U.S. Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.2.7.2. U.S. Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.7.3. U.S. Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.2.7.4. U.S. Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.2.8. Canada
9.2.8.1. Canada Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.2.8.2. Canada Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.8.3. Canada Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.2.8.4. Canada Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.2.9. Mexico
9.2.9.1. Mexico Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.2.9.2. Mexico Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.2.9.3. Mexico Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.2.9.4. Mexico Dietary Supplements Market Size and Forecast by Distribution Channel, 2021-2031, ($Million)
9.3. Europe
9.3.1. Key Market Trends and Opportunities
9.3.2. Europe Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.3. Europe Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.4. Europe Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.3.5. Europe Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.3.6. Europe Dietary Supplements Market Size and Forecast by Country, 2021-2031, ($Million)
9.3.7. Germany
9.3.7.1. Germany Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.7.2. Germany Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.7.3. Germany Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.3.7.4. Germany Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.3.8. France
9.3.8.1. France Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.8.2. France Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.8.3. France Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.3.8.4. France Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.3.9. U.K.
9.3.9.1. U.K. Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.9.2. U.K. Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.9.3. U.K. Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.3.9.4. U.K. Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.3.10. Spain
9.3.10.1. Spain Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.10.2. Spain Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.10.3. Spain Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.3.10.4. Spain Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.3.11. Italy
9.3.11.1. Italy Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.11.2. Italy Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.11.3. Italy Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.3.11.4. Italy Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.3.12. Russia
9.3.12.1. Russia Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.12.2. Russia Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.12.3. Russia Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.3.12.4. Russia Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.3.13. Rest of Europe
9.3.13.1. Rest of Europe Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.3.13.2. Rest of Europe Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.3.13.3. Rest of Europe Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.3.13.4. Rest of Europe Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.4. Asia-Pacific
9.4.1. Key Market Trends and Opportunities
9.4.2. Asia-Pacific Dietary Supplements Market Size and Forecast by Country, 2021-2031, ($Million)
9.4.3. Asia-Pacific Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.4. Asia-Pacific Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.5. Asia-Pacific Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.4.6. Asia-Pacific Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.4.7. China
9.4.7.1. China Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.7.2. China Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.7.3. China Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.4.7.4. China Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.4.8. India
9.4.8.1. India Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.8.2. India Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.8.3. India Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.4.8.4. India Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.4.9. Japan
9.4.9.1. Japan Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.9.2. Japan Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.9.3. Japan Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.4.9.4. Japan Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.4.10. South Korea
9.4.10.1. South Korea Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.10.2. South Korea Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.10.3. South Korea Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.4.10.4. South Korea Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.4.11. Rest of APAC
9.4.11.1. Rest of APAC Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.4.11.2. Rest of APAC Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.4.11.3. Rest of APAC Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.4.11.4. Rest of APAC Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.5. Rest of the World
9.5.1. Key Market Trends and Opportunities
9.5.2. Rest of the World Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.5.3. Rest of the World Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.4. Rest of the World Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.5.5. Rest of the World Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.5.6. Rest of the World Dietary Supplements Market Size and Forecast by Country, 2021-2031, ($Million)
9.5.7. Latin America
9.5.7.1. Latin America Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.5.7.2. Latin America Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.7.3. Latin America Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.5.7.4. Latin America Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.5.8. Middle East
9.5.8.1. Middle East Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.5.8.2. Middle East Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.8.3. Middle East Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.5.8.4. Middle East Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
9.5.9. Africa
9.5.9.1. Africa Dietary Supplements Market Size and Forecast by Application, 2021-2031, ($Million)
9.5.9.2. Africa Dietary Supplements Market Size and Forecast by Type, 2021-2031, ($Million)
9.5.9.3. Africa Dietary Supplements Market Size and Forecast by Target, 2021-2031, ($Million)
9.5.9.4. Africa Dietary Supplements Market Size and Forecast by Distribution Channel 2021-2031, ($Million)
Chapter 10. Competitive Landscape
10.1. Market Overview
10.2. Market Share Analysis/Key Player Positioning
10.3. Developmental Strategy Benchmarking
10.3.1. New Product Development
10.3.2. Product Launches
10.3.3. Business Expansions
10.3.4. Partnerships, Joint Ventures, and Collaborations
10.3.5. Mergers and Acquisitions
Chapter 11. Company Profiles
11.1. Amway Corp.
11.1.1. Company Snapshot
11.1.2. Financial Performance
11.1.3. Product offerings
11.1.4. Key Strategic Initiatives
11.1.5. Swot Analysis
11.2. Glanbia PLC
11.2.1. Company Snapshot
11.2.2. Financial Performance
11.2.3. Product offerings
11.2.4. Key Strategic Initiatives
11.2.5. Swot Analysis
11.3. Abbott
11.3.1. Company Snapshot
11.3.2. Financial Performance
11.3.3. Product offerings
11.3.4. Key Strategic Initiatives
11.3.5. Swot Analysis
11.4. Bayer AG
11.4.1. Company Snapshot
11.4.2. Financial Performance
11.4.3. Product offerings
11.4.4. Key Strategic Initiatives
11.4.5. Swot Analysis
11.5. Pfizer Inc.
11.5.1. Company Snapshot
11.5.2. Financial Performance
11.5.3. Product offerings
11.5.4. Key Strategic Initiatives
11.5.5. Swot Analysis
11.6. Herbalife Nutrition
11.6.1. Company Snapshot
11.6.2. Financial Performance
11.6.3. Product offerings
11.6.4. Key Strategic Initiatives
11.6.5. Swot Analysis
11.7. Nature’s Sunshine Products
11.7.1. Company Snapshot
11.7.2. Financial Performance
11.7.3. Product offerings
11.7.4. Key Strategic Initiatives
11.7.5. Swot Analysis
11.8. Carlyle Group
11.8.1. Company Snapshot
11.8.2. Financial Performance
11.8.3. Product offerings
11.8.4. Key Strategic Initiatives
11.8.5. Swot Analysis
11.9. Bio-Botanica Inc.
11.9.1. Company Snapshot
11.9.2. Financial Performance
11.9.3. Product offerings
11.9.4. Key Strategic Initiatives
11.9.5. Swot Analysis
11.10. American Health
11.10.1. Company Snapshot
11.10.2. Financial Performance
11.10.3. Product offerings
11.10.4. Key Strategic Initiatives
11.10.5. Swot Analysis
*the List of Company Is Subject To Change During the Final Compilation of the Report
Key Players:
- Amway Corp.
- Glanbia PLC
- Abbott
- Bayer AG
- Pfizer Inc.
- Herbalife Nutrition
- Nature’s Sunshine Products
- Carlyle Group
- Bio-Botanica Inc.
- American Health
Segmentation:
By Type
- Vitamins
- Minerals
- Botanicals
- Probiotics
- Amino acids
- Enzymes
By Target
- Infant
- Children
- Adult
- Pregnant women
- Elderly
By Application
- Energy & Weight Management
- General Health
- Bone & Joint Health
- Gastrointestinal Health
- Immunity
- Cardiac Health
- Diabetes
- Anti-cancer
- Lungs Detox/Cleanse
- Skin/Hair/Nails
- Sexual Health
- Brain/Mental Health
- Insomnia
- Menopause
- Anti-aging
- Prenatal Health
By Distribution Channel
- Supermarkets
- Pharmacies
- Specialty Stores
- Practitioner
- Online
By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Central & South America
- Brazil
- Rest of CSA
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of MEA