Global Dietary Supplements Market
The Dietary Supplements Market size was valued at USD 136.2 billion in 2020 and projected to reach USD 204.7 billion by 2026, recording a CAGR of 7.0% during the forecast period.
Dietary supplements are products in the form of pills that are taken by people to supplement their diet. Supplements for the diet are not medicines that can be used to treat a disease or medical condition. These are high in dietary ingredients derived from either plant or synthetic sources.
Drivers: The market's growth is being fueled by rising personal disposable income and increased consumer awareness of the benefits of dietary supplements. Changing lifestyles, westernisation, increased research and development initiatives by major corporations, particularly in developing economies, and ever-increasing global participation in all types of sports are all factors that influence market growth. Improving distribution channels, an increase in the number of sports complexes and gymnasiums, a rise in customer interest in a balanced diet, an increase in the prevalence of obesity, a rise in consumer health consciousness, and changing consumer tastes and preferences will all contribute to market value growth.
Restraints: Fluctuations in raw material prices and supply chain disruptions caused by the pandemic will further limit the market's growth potential. Consumer scepticism about the use of dietary supplements, side effects associated with excessive consumption, high costs associated with these products, and an increase in the cost of R&D activities will all slow the market's growth rate.
Impact of Covid-19
On the dietary supplement market, the covid-19 pandemic had a mixed impact. However, the pandemic will have a long-term positive impact on the dietary supplement industry. The positive impact can be seen because dietary supplements are in high demand in developed countries because they provide strong immunity functions and reduce the risk of coronavirus. Consumers are gravitating toward immunity-boosting and healthy products as a result of the rising number of cases of covid-19.
Segmentation By Type: Global Dietary Supplements Market is classified on the basis of Type into Vitamins, Minerals, Botanicals, Probiotics, Amino acids, Enzymes, and Other types.
Segmentation By Target Customer: Global Dietary Supplements Market is classified on the basis of Target Customer into Infant, Children, Adult, Pregnant women, and Elderly.
Segmentation By Function: Global Dietary Supplements Market is classified on the basis of Function into Additional supplements, Medicinal supplements, and Sports nutrition.
Segmentation By Application: Global Dietary Supplements Market is classified on the basis of Application into Tablets, Capsules, Soft gels, Gel caps, Liquid, and Powder.
Segmentation by Region: Global Dietary Supplements Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape: The key players of Global Dietary Supplements Market are Amway (US), Herbalife Nutrition (US), ADM (US), Pfizer (US), Abbott Laboratories (US), Arkopharma Laboratories (France), Bayer (Germany), Glanbia (Ireland), Nature’s Sunshine Products (US), FANCL (Japan), Danisco (Denmark), and Bionova Lifesciences (India).
Industrial Developments
Market Taxonomy
By Type
By Target Customer
By Function
By Application
By Region
Key Questions Addressed by the Report
Global Dietary Supplements Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Dietary Supplements Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5. Global Dietary Supplements Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Dietary Supplements Market Share Analysis, By Type
5.3 Dietary Supplements Market Size and Forecast, By Type
5.3.1 Vitamins
5.3.2 Minerals
5.3.3 Botanicals
5.3.4 Probiotics
5.3.5 Amino acids
5.3.6 Enzymes
5.3.7 Other types (fibers, specialty carbohydrates, omega 3, carotenoids, glucosamine, chondroitin, and polyols)
6. Global Dietary Supplements Market, By Target Customer
6.1 Y-o-Y Growth Comparison, By Target Customer
6.2 Dietary Supplements Market Share Analysis, By Target Customer
6.3 Dietary Supplements Market Size and Forecast, By Target Customer
6.3.1 Infant
6.3.2 Children
6.3.3 Adult
6.3.4 Pregnant women
6.3.5 Elderly
7. Global Dietary Supplements Market, By Function
7.1 Y-o-Y Growth Comparison, By Function
7.2 Dietary Supplements Market Share Analysis, By Function
7.3 Dietary Supplements Market Size and Forecast, By Function
7.3.1 Additional supplements
7.3.2 Medicinal supplements
7.3.3 Sports nutrition
8. Global Dietary Supplements Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8. Dietary Supplements Market Share Analysis, By Application
8.3 Dietary Supplements Market Size and Forecast, By Application
8.3.1 Tablets
8.3.2 Capsules
8.3.3 Soft gels
8.3.4 Gel caps
8.3.5 Liquid
8.3.6 Powder
9. Global Dietary Supplements Market, By Region
9.1 Dietary Supplements Market Share Analysis, By Region
9.2 Dietary Supplements Market Size and Forecast, By Region
9.3 Dietary Supplements Market Size and Forecast, By Region
10. North America Dietary Supplements Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 North America Dietary Supplements Market Share Analysis, By Type
10.3 North America Dietary Supplements Market Size and Forecast, By Target Customer
10.4 North America Dietary Supplements Market Size and Forecast, By Function
10.5 North America Dietary Supplements Market Size and Forecast, By Application
10.6 North America Dietary Supplements Market Size and Forecast, By Geography
10.6.1 US
10.6.2 Canada
11. Europe Dietary Supplements Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Europe Dietary Supplements Market Share Analysis, By Type
11.3 Europe Dietary Supplements Market Size and Forecast, By Target Customer
11.4 Europe Dietary Supplements Market Size and Forecast, By Function
11.5 Europe Dietary Supplements Market Size and Forecast, By Application
11.6 Europe Dietary Supplements Market Size and Forecast, By Country
11.6.1 UK
11.6.2 Germany
11.6.3 France
11.6.4 Italy
11.6.5 Spain
11.6.6 Netherland
12. Asia Pacific Dietary Supplements Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Asia Pacific Dietary Supplements Market Share Analysis, By Type
12.3 Asia Pacific Dietary Supplements Market Size and Forecast, By Target Customer
12.4 Asia Pacific Dietary Supplements Market Size and Forecast, By Function
12.5 Asia Pacific Dietary Supplements Market Size and Forecast, By Application
12.6 Asia Pacific Dietary Supplements Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Australia
13. Latin America Dietary Supplements Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Latin America Dietary Supplements Market Share Analysis, By Type
13.3 Latin America Dietary Supplements Market Size and Forecast, By Target Customer
13.4 Latin America Dietary Supplements Market Size and Forecast, By Function
13.5 Latin America Dietary Supplements Market Size and Forecast, By Application
13.6 Latin America Dietary Supplements Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Dietary Supplements Market Analysis and Forecast (2021-2027)
14.1 Introduction
14.2 Middle East Dietary Supplements Market Share Analysis, By Type
14.3 Middle East Dietary Supplements Market Size and Forecast, By Target Customer
14.4 Middle East Dietary Supplements Market Size and Forecast, By Function
14.5 Middle East Dietary Supplements Market Size and Forecast, By Application
14.6 Middle East Dietary Supplements Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16. Company Profiles
16.1 Amway (US)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Herbalife Nutrition (US)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 ADM (US)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Pfizer (US)
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Abbott Laboratories (US)
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategie
16.6 Nature’s Sunshine Products (US)
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Bionova Lifesciences (India)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
