Global dietary supplements market analysis report for 2024

Dublin, June 11, 2024 (GLOBE NEWSWIRE) — The “Global Dietary Supplements Market Size, Share and Trends Analysis Report (Ingredient (Vitamins, Minerals, Probiotics), Form (Capsules, Gummies, Liquid), End User, Application, Type, Distribution Channel, Region, Segment Forecast, 2024-2030)” report has been published by ResearchAndMarkets.com Recruitment.

The global dietary supplements market size is expected to reach USD 327.42 billion by 2030. The market is projected to grow at a CAGR of 9.1% from 2024 to 2030.

Health and wellness awareness and interest is on the rise among consumers. As people become more health conscious and seek ways to improve their overall health, they are turning to dietary supplements as a convenient and easy way to meet their nutritional needs. The desire to support specific health goals, such as better nutrition, increased energy, weight management, a stronger immune system or joint health, is stimulating demand for a wide range of supplements.

In addition to general health and wellness concerns, the aging population in many parts of the world is also contributing significantly to the market growth. As people get older, they often require additional nutrients to combat age-related health issues, such as loss of bone density and declining cognitive function. This demographic change has led to a surge in demand for supplements that target specific health issues associated with aging.

Regulatory changes are also playing a role in shaping the market. In some regions, regulators are implementing stricter quality control standards, labeling requirements and safety regulations, helping to build consumer trust in the industry. These regulations encourage reputable manufacturers to invest in research, development and product quality, while also weeding out unscrupulous players.

The market is competitive, with many companies vying for market share. As a result, there is a constant influx of new products and innovations, including personalized supplements tailored to individual health needs and preferences. This innovation keeps the market dynamic and meets evolving consumer demands.

Nutritional Supplements Market Report Highlights

• Vitamin supplements accounted for a significant market share of 30% in 2023. These supplements are available in several forms, including vitamin A (carotenoids and retinol), vitamin B (folic acid), vitamin C (ascorbic acid), and vitamin D (cholecalciferol).
• Energy and weight management supplements held a major share of the market with demand exceeding 30% in 2023. Sports enthusiasts are the major influencers in the demand for dietary supplements containing vitamins and proteins.
• Adults are the largest consumers of supplements, accounting for 46.01% of the revenue share in 2023. Increasing consumption of dietary supplements by people working to maintain a healthy lifestyle is expected to remain a positive factor for the market.
• OTC sales of dietary supplements were expected to account for the largest revenue share at 75.5% in 2023. OTC sales of dietary supplements are expected to grow steadily, owing to increasing consumer awareness regarding the nutritional value and health benefits of these products.
• Offline nutritional supplement sales contributed to over 80% of revenue in 2023. Offline sales are expected to increase due to the increasing number of nutritional supplements prescribed by doctors for the treatment of gastrointestinal disorders, immune-related issues, bone health, folate deficiency, heart health, and age-related macular degeneration.
• By form, the tablet segment was to account for 32.3% revenue share in 2023. High-quality supplements use excipients that aid in tablet absorption and disintegration. However, natural coatings improve solubility.
• The Asia Pacific dietary supplements market dominated by revenue share of 34.9% in 2023. The demand for dietary supplements is expected to increase in the region as major entrants introduce their brands into the untapped markets of Southeast Asia.

Key attributes:

Key topics:

Chapter 1 Dietary Supplements Market: Research Methodology and Scope

Chapter 2. Dietary Supplements Market: Overview
2.1. Market outlook
2.2. Raw material outlook
2.3. Form Perspective
2.4. Application Outlook
2.5. End-user Perspective
2.6. Type Outlook
2.7. Distribution Channel Outlook
2.8. Regional perspective

Chapter 3. Dietary Supplements Market: Dietary Supplements Market Variables, Trends and Scope
3.1. Market System Outlook
3.2. Penetration and growth prospects mapping
3.3. Industry Value Chain Analysis
3.4. Market Trends
3.5. Industry Analysis Tools
3.6. Regulatory Framework
3.7. Consumer Behavior Analysis

Chapter 4. Dietary Supplements Market: Ingredient Estimation and Trend Analysis
4.1. Dietary Supplements Market (by Ingredient): Key Takeaways
4.2. Raw material trends analysis and market share, 2023 and 2030
Vitamins
4.4. Plants
4.5. Minerals
4.6. Proteins and Amino Acids
4.7. Fiber and Specialty Carbohydrates
4.8. Omega fatty acids
Probiotics
4.10. Prebiotics and Postbiotics
4.11. Other

Chapter 5. Dietary Supplements Market: Shape Estimation and Trend Analysis
5.1. Dietary supplements market by format: key takeaways
5.2. Foam Movement Analysis and Market Share, 2023 and 2030
Tablets
Capsules
Powder
Liquids
5.7. Softgels
5.8. Gummy
5.9. Other

Chapter 6 Dietary Supplements Market: Application Forecast and Trend Analysis
6.1. Nutraceuticals Market by Application: Key Takeaways
6.2. Application Trend Analysis and Market Share, 2023 and 2030
6.3. Energy and weight management
6.4. General health
6.5. Bone and joint health
Gastrointestinal Health
Disclaimer
Heart Health
6.9. Diabetes mellitus,
Anticancer drugs
6.11. Lung Detox/Cleanse
6.12. Skin/Hair/Nails
Sexual health
Brain/Mental Health
Insomnia
Menopause
Anti-aging
6.18. Prenatal Health
6.19. Other

Chapter 7. Dietary Supplements Market: End-user Estimation and Trend Analysis
7.1. Nutraceuticals market by end user: key takeaways
7.2. End-user trends analysis and market share, 2023 and 2030
7.3. Adults
7.4. Geriatric diseases
7.5. Pregnant women
Children
7.7. Infants

Chapter 8 Dietary Supplements Market: Estimation by Type and Trend Analysis
8.1. Nutritional Supplements Market (by Type): Key Takeaways
8.2. Type Trend Analysis and Market Share, 2023 and 2030
8.3. OTC
8.4. Regulations

Chapter 9. Dietary Supplements Market: Distribution Channel Estimation and Trend Analysis
9.1. Dietary supplements market by distribution channel: key takeaways
9.2. Distribution Channel Trends Analysis and Market Share, 2023 and 2030
9.3. Offline
9.3.1. Market estimates and forecasts, 2018-2030 (USD billion)
9.3.2. Hypermarkets/Supermarkets
9.3.3. Pharmacies/Drugstores
9.3.4. Specialty stores
9.3.5. Practitioners
Other
Online

Chapter 10. Dietary Supplements Market: Regional Estimates and Trend Analysis
10.1. Nutritional supplements market by region: key takeaways
10.2. Regional trends analysis and market share, 2023 and 2030

Chapter 11 Competitive Analysis
11.1. Recent developments and impact analysis by major market participants
11.2. Company Classification
11.3. Participant Profile
11.4. Financial Performance
11.5. Product Benchmarks
11.6. Company Market Share Analysis, 2023 (%)
11.7. Company Heatmap Analysis
11.8. Strategy Mapping
11.9. Company Profile

• Amway Inc.
• Abbott
• Bayer AG
• Gran Via
• Pfizer Japan Inc
• Archer Daniels Midland
• Nu Skin
• GlaxoSmithKline
• Herbalife Nutrition Limited
• Nature’s Sunshine Products Co., Ltd.
• Xango LLC
• RBK Nutraceuticals Pty Ltd
• american health
• DuPont de Nemours
• New Zealand Health
• Blessings of Nature
• Now Foods

For more information on this report, please visit: https://www.researchandmarkets.com/r/bashh9

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• Global dietary supplements market