Global Dietary Supplements Market Outlook 2028
Global Dietary Supplements Market Analysis – 2019-2028
Dietary supplements are essential nutrients present as various dosage forms such as tablets, capsules, soft gels and others, and are derived from either natural or synthetic sources. The market for dietary supplements is projected to grow at a significant CAGR of 6.78% over the forecast period, i.e., 2021-2028. Further, the global dietary supplements market accounted for a market value of USD 67,218.23 million in 2019 and is anticipated to attain a substantial market value by 2028.
Dietary supplements market is segmented by source, by supplement, by form, by application, by end user, by distribution channel and by region. On the basis of the supplement segment, the market is sub-segmented into vitamins, botanicals, proteins & amino acids, minerals and others, out of which, the vitamins segment is anticipated to hold the leading share in the market over the forecast period. This can be attributed to the rising interest of consumers in improving personal health and wellness. On the other hand, the market is segmented on the basis of form into tablets & capsules, soft gels, powders, liquids and others, out of which, the tablets and capsules segment is anticipated to lead the market and grow at the highest CAGR during the forecast period. Ease of handling of tablets and capsule form is estimated to contribute towards the growth of tablet and capsule segment in the dietary supplement market.
Based on geography, the market for dietary supplements is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in North America held the leading share in 2018 which is estimated to grow further by the end of 2028. The growth in the market in this region can be attributed to increasing concerns regarding cardiovascular diseases among working professionals on account of irregular and unhealthy dieting patterns. Further, the market in Europe captured a market size of USD 17,342.30 million in the year 2019 and is expected to reach a substantial size by 2028 on account of rising adoption rates for botanicals among the population of European countries.
Some of the key industry leaders in the global dietary supplements market are Abbott, Amway, Bayer, Otsuka, Pfizer Inc., GlaxoSmithKline plc, Herbalife International of America, Inc., NuSkin Enterprises, Arkopharma, Nature’s Bounty and others.
Dietary supplements are essential nutrients present as various dosage forms such as tablets, capsules, soft gels and others, and are derived from either natural or synthetic sources. The market for dietary supplements is projected to grow at a significant CAGR of 6.78% over the forecast period, i.e., 2021-2028. Further, the global dietary supplements market accounted for a market value of USD 67,218.23 million in 2019 and is anticipated to attain a substantial market value by 2028.
Dietary supplements market is segmented by source, by supplement, by form, by application, by end user, by distribution channel and by region. On the basis of the supplement segment, the market is sub-segmented into vitamins, botanicals, proteins & amino acids, minerals and others, out of which, the vitamins segment is anticipated to hold the leading share in the market over the forecast period. This can be attributed to the rising interest of consumers in improving personal health and wellness. On the other hand, the market is segmented on the basis of form into tablets & capsules, soft gels, powders, liquids and others, out of which, the tablets and capsules segment is anticipated to lead the market and grow at the highest CAGR during the forecast period. Ease of handling of tablets and capsule form is estimated to contribute towards the growth of tablet and capsule segment in the dietary supplement market.
Based on geography, the market for dietary supplements is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in North America held the leading share in 2018 which is estimated to grow further by the end of 2028. The growth in the market in this region can be attributed to increasing concerns regarding cardiovascular diseases among working professionals on account of irregular and unhealthy dieting patterns. Further, the market in Europe captured a market size of USD 17,342.30 million in the year 2019 and is expected to reach a substantial size by 2028 on account of rising adoption rates for botanicals among the population of European countries.
Some of the key industry leaders in the global dietary supplements market are Abbott, Amway, Bayer, Otsuka, Pfizer Inc., GlaxoSmithKline plc, Herbalife International of America, Inc., NuSkin Enterprises, Arkopharma, Nature’s Bounty and others.
Global Dietary Supplements Market
1. INTRODUCTION
2. ASSUMPTIONS AND ACRONYMS
3. RESEARCH METHODOLOGY
4. EXECUTIVE SUMMARY - GLOBAL DIETARY SUPPLEMENTS MARKET
5. PRODUCT & APPLICATION CROSS ANALYSIS
6. INDUSTRY VALUE CHAIN ANALYSIS
RAW MATERIAL PROCUREMENT
MANUFACTURING
DISTRIBUTION & SUPPLY LANDSCAPE
END-USER OUTLOOK
7. COUNTRY WISE IMPORT ANALYSIS
MIDDLE-EAST
TURKEY
CIS
OTHERS
8. REGULATORY LANDSCAPE
9. ANALYSIS OF MARKET DYNAMICS
9.1. GROWTH DRIVERS
9.2. KEY TRENDS
10. KEY MARKET OPPORTUNITIES
11. MAJOR ROADBLOCKS FOR THE MARKET GROWTH
12. INDUSTRY RISK ANALYSIS (DEMAND & SUPPLY)
13. IMPACT OF COVID-19 ON THE GLOBAL MARKET
14. GLOBAL DIETARY SUPPLEMENTS MARKET OUTLOOK
14.1. MARKET SIZE AND FORECAST, 2019-2028
14.2. DIETARY SUPPLEMENTS MARKET SEGMENTATION, 2019-2028
14.2.1. BY SOURCE
SYNTEHTIC AND NATURAL, 2019-2028F (USD MILLION)
14.2.2. BY SUPPLEMENT TYPE
VITAMINS, BOTANICALS, PROTEINS & AMINO ACIDS, MINERALS AND OTHERS (FIBERS, SPECIALTY CARBOHYDRATES ETC.), 2019-2028F (USD MILLION)
14.2.3. BY FORM
TABLETS & CAPSULES, SOFT GELS, POWDERS, LIQUIDS, AND GUMMIES, 2019-2028F (USD MILLION)
14.2.4. BY APPLICATION
BONE & JOINT FITNESS, IMMUNE BOOSTERS, CARDIOVASCULAR HEALTH, MENTAL HEALTH, CHOLESTEROL LOWERING, DIGESTIVE SUPPORT, AND OTHERS, 2019-2028F (USD MILLION)
14.2.5. BY END USER
PEDIATRIC, ADULTS, AND GERIATRIC, 2019-2028F (USD MILLION)
14.2.6. BY DISTRIBUTION CHANNEL
ONLINE AND OFFLINE, 2019-2028F (USD MILLION)
OFFLINE: HOSPITAL PHARMACY AND RETAIL PHARMACY, 2019-2028F (USD MILLION)
14.2.7. BY REGIONS
14.2.7.1. NORTH AMERICA DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
14.2.7.2. EUROPE DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
14.2.7.3. ASIA PACIFIC DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
14.2.7.4. LATIN AMERICA DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
14.2.7.5. MIDDLE EAST AND AFRICA DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
15. COMPETITIVE STRUCTURE
15.1. MARKET SHARE
15.2. COMPANY PROFILES
ABBOTT
DETAILED OVERVIEW
ASSESSMENT OF KEY PRODUCT/SERVICE OFFERINGS
ANALYSIS OF GROWTH STRATEGIES
KEY COLLABORATIONS AND JOINT VENTURES
KEY MERGERS AND ACQUISITIONS
RECENT NEWS AND DEVELOPMENTS
KEY CLIENTS AND PARTNERS
EXHAUSTIVE ANALYSIS ON KEY FINANCIAL INDICATORS
GEOGRAPHIC PRESENCE
AMWAY
BAYER
OTSUKA
PFIZER INC.
GLAXOSMITHKLINE PLC
HERBALIFE INTERNATIONAL OF AMERICA, INC.
NUSKIN ENTERPRISES
ARKOPHARMA
NATURE’S BOUNTY
OTHER PROMINENT PLAYERS
16. ANALYST’S REVIEW
1. INTRODUCTION
2. ASSUMPTIONS AND ACRONYMS
3. RESEARCH METHODOLOGY
4. EXECUTIVE SUMMARY - GLOBAL DIETARY SUPPLEMENTS MARKET
5. PRODUCT & APPLICATION CROSS ANALYSIS
6. INDUSTRY VALUE CHAIN ANALYSIS
RAW MATERIAL PROCUREMENT
MANUFACTURING
DISTRIBUTION & SUPPLY LANDSCAPE
END-USER OUTLOOK
7. COUNTRY WISE IMPORT ANALYSIS
MIDDLE-EAST
TURKEY
CIS
OTHERS
8. REGULATORY LANDSCAPE
9. ANALYSIS OF MARKET DYNAMICS
9.1. GROWTH DRIVERS
9.2. KEY TRENDS
10. KEY MARKET OPPORTUNITIES
11. MAJOR ROADBLOCKS FOR THE MARKET GROWTH
12. INDUSTRY RISK ANALYSIS (DEMAND & SUPPLY)
13. IMPACT OF COVID-19 ON THE GLOBAL MARKET
14. GLOBAL DIETARY SUPPLEMENTS MARKET OUTLOOK
14.1. MARKET SIZE AND FORECAST, 2019-2028
14.2. DIETARY SUPPLEMENTS MARKET SEGMENTATION, 2019-2028
14.2.1. BY SOURCE
SYNTEHTIC AND NATURAL, 2019-2028F (USD MILLION)
14.2.2. BY SUPPLEMENT TYPE
VITAMINS, BOTANICALS, PROTEINS & AMINO ACIDS, MINERALS AND OTHERS (FIBERS, SPECIALTY CARBOHYDRATES ETC.), 2019-2028F (USD MILLION)
14.2.3. BY FORM
TABLETS & CAPSULES, SOFT GELS, POWDERS, LIQUIDS, AND GUMMIES, 2019-2028F (USD MILLION)
14.2.4. BY APPLICATION
BONE & JOINT FITNESS, IMMUNE BOOSTERS, CARDIOVASCULAR HEALTH, MENTAL HEALTH, CHOLESTEROL LOWERING, DIGESTIVE SUPPORT, AND OTHERS, 2019-2028F (USD MILLION)
14.2.5. BY END USER
PEDIATRIC, ADULTS, AND GERIATRIC, 2019-2028F (USD MILLION)
14.2.6. BY DISTRIBUTION CHANNEL
ONLINE AND OFFLINE, 2019-2028F (USD MILLION)
OFFLINE: HOSPITAL PHARMACY AND RETAIL PHARMACY, 2019-2028F (USD MILLION)
14.2.7. BY REGIONS
14.2.7.1. NORTH AMERICA DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
14.2.7.2. EUROPE DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
14.2.7.3. ASIA PACIFIC DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
14.2.7.4. LATIN AMERICA DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
14.2.7.5. MIDDLE EAST AND AFRICA DIETARY SUPPLEMENTS MARKET, 2019-2028F (USD MILLION)
15. COMPETITIVE STRUCTURE
15.1. MARKET SHARE
15.2. COMPANY PROFILES
ABBOTT
DETAILED OVERVIEW
ASSESSMENT OF KEY PRODUCT/SERVICE OFFERINGS
ANALYSIS OF GROWTH STRATEGIES
KEY COLLABORATIONS AND JOINT VENTURES
KEY MERGERS AND ACQUISITIONS
RECENT NEWS AND DEVELOPMENTS
KEY CLIENTS AND PARTNERS
EXHAUSTIVE ANALYSIS ON KEY FINANCIAL INDICATORS
GEOGRAPHIC PRESENCE
AMWAY
BAYER
OTSUKA
PFIZER INC.
GLAXOSMITHKLINE PLC
HERBALIFE INTERNATIONAL OF AMERICA, INC.
NUSKIN ENTERPRISES
ARKOPHARMA
NATURE’S BOUNTY
OTHER PROMINENT PLAYERS
16. ANALYST’S REVIEW