Market Size

The global dietary supplements market size was valued at USD 132.3 billion in 2020 and is estimated to reach a value of USD xx billion in 2027. The Dietary Supplements market analysis shows that it will grow with a CAGR of 6.9% over the forecast period of 2021 to 2027.

Market Insight

Consumer awareness about personal well-being and overall health is expected to be a major driver of the dietary supplement market over the forecast period of 2021 to 2027. The global working population is struggling to meet daily nourishing requirements as a result of hectic work culture and changing consumer lifestyles. This increases their reliance on dietary supplements to meet nutrient requirements, which is expected to propel the market in coming years.

Market Segmentation

Vitamins dominated the market and held the largest market share in 2019 and 2020, owing to the high demand for weight and energy management among working professionals and athletes. Due to the higher convenience index associated with multivitamins, users consume them in the form of tablets, powder, and liquid. Botanicals ranked second in 2020.  It is anticipated to expand significantly in coming years. Globally increasing veganism as a result of growing environmental concerns will propel the demand for botanicals over the forecast period. Energy and weight management applications dominated the market in 2020, accounting for the majority of revenue. Additionally, dietary supplements can be used to promote general health, bone and joint health, cardiac and gastrointestinal health, anti-cancer, immunity, diabetes, and lungs detox/cleanse. Humans primarily use dietary supplements to address nutritional deficiencies. Over the forecast period, rising consumer awareness about personal health and wellness is expected to drive demand for dietary supplements such as protein and amino acids, minerals, vitamins, and omega fatty acids. Growing awareness about gut health as a result of the rising prevalence of irritable bowel syndrome, acid reflux, constipation, and indigestion globally is expected to drive demand for fibers and specialty carbohydrates in the gastrointestinal application in coming years.

Regional Outlook

North America is expected to continue dominating the market throughout the forecast period of 2021 to 2027, owing to the high prevalence of chronic illness in countries including Vitamins, U.S. and others. Multivitamins are gaining popularity as consumers shift their focus to dietary supplements for chronic disease prevention. Emerging markets in economies such as Asia Pacific and South America will be attractive to manufacturers of dietary supplements. Research Methodology Dietary Supplements market report consists of market analysis including both primary and secondary research. Primary research comprises of the interaction between manufacturers, industry experts channel partners, and end users, while the secondary research presents an analytical interpretation of relevant published databases, which contains details like company annual reports, and financial reports, white papers, and purchased databases. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.

About Us

Market Insight Solutions is a leading market research firm which caters to a diverse portfolio of research campaigns. We are one of the fastest growing research organization led by an extensive team of individuals. Our team has individuals with more than 10 years of experience in diverse research domains. Our strategic insights aim at providing credible and practical solutions to meet the specific requirements of our clients. We offer market studies on basis of facts across cross domains.

Segments covered in the report

Dietary Supplements Market Size and Outlook by Type

• Vitamins
• Minerals
• Botanicals
• Probiotics
• Amino acids
• Enzymes
• Others

Dietary Supplements Market Size and Outlook by Function

• Additional supplements
• Medicinal supplements
• Sports nutrition

Dietary Supplements Market Size and Outlook by Application

• Tablets
• Capsules
• Soft gels
• Gel caps
• Liquid
• Powder

Dietary Supplements Market Size and Outlook by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Indonesia
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa

Companies Profiled in this Report

• Abbott Laboratories (US)
• ADM (US)
• Amway (US)
• Arkopharma Laboratories (France)
• Bayer (Germany)
• FANCL (Japan)
• Glanbia (Ireland)
• Herbalife Nutrition (US)
• Nature's Sunshine Products (US)
• Pfizer (US)

Actionable Outcomes

Our Dietary Supplements Market Report offers a thorough assessment of estimations and projections on the market dynamics. Further, it helps in the implementation of these results as they show tangible benefits to business stakeholders and industry entities decisions as leaders.

Strategic Planning

Every business needs to understand how their product will function in the forthcoming years. With the current uncertainness due to the COVID-19 scenario, this analysis becomes significant to understand past disruptions and boost the preparedness for the next steps of decision. We at Market Insight Solutions are trying to break down the complex market for the business leaders through strategic insights and resilience in unpredictable situations.

Highlights of the report:

• COVID-19 impact on Dietary Supplements market size
• Analyzing the regional market for the growth factors, estimated analysis and its penetration to the global market
• Dietary Supplements market size in United States
• Understanding the dynamics of the parent market
• Prime fluctuations of the market dynamics
• Evaluation of the market opportunities
• Historical, current, and projected Dietary Supplements market size from the standpoint of both value and volume
• Market segmentation and comprehensive analysis in the second or third level
• Reporting and evaluation of recent industry developments
• Analysis of market share and developments
• Detailed company profiling of leading companies
• Opportunities to newer markets in global and regional markets
• Analyzing the trajectory line of the business
• Analyze Dietary Supplements market share
• Measures to consider for Dietary Supplements market