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Dietary Supplements Market Revenue to Cross $380.12 Billion By 2032; Registering at a CAGR of 8.8% - Exclusive Study by Polaris Market Research

04-04-2024 08:20 AM CET | Food & Beverage

Press release from: Polaris Market Research and Consulting

Dietary Supplements Market

Dietary Supplements Market

The Dietary Supplements Market, in terms of revenue, was estimated to be
worth USD 178.82 billion in 2023 and is foreseen to reach USD 380.12 billion by 2032, growing at a CAGR of 8.8% from 2024 to 2032, according to a recent report by Polaris Market Research.
The need for natural and organic products, aging populations, and increased consumer health consciousness have all contributed to the market's notable recent expansion on a global scale.
Dietary supplements, also known as nutritional supplements or food supplements, are products produced to supply nutrients that might be skipped from a diet. Any compounds you consume to enhance your wellness or health are considered dietary supplements. These supplements are not intended to treat illnesses or medical issues. They are generally taken as capsules, tablets, liquid drinks, or powders. Common supplements include calcium, iron, melatonin, echinacea, fish oil, vitamins C and D, and probiotics.

๐™‚๐™š๐™ฉ ๐™– ๐™๐™๐™€๐™€ ๐™Ž๐™–๐™ข๐™ฅ๐™ก๐™š ๐˜พ๐™ค๐™ฅ๐™ฎ ๐™ค๐™› ๐™ฉ๐™๐™š ๐˜ฟ๐™ž๐™š๐™ฉ๐™–๐™ง๐™ฎ ๐™Ž๐™ช๐™ฅ๐™ฅ๐™ก๐™š๐™ข๐™š๐™ฃ๐™ฉ๐™จ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ ๐™๐™š๐™จ๐™š๐™–๐™ง๐™˜๐™ ๐™๐™š๐™ฅ๐™ค๐™ง๐™ฉ ๐™–๐™ฉ @https://www.polarismarketresearch.com/industry-analysis/dietary-supplements-market/request-for-sample

Dietary supplements are products intended to supplement the diet, typically containing one or more dietary ingredients such as vitamins, minerals, herbs, amino acids, or other substances. They come in various forms, including pills, capsules, powders, liquids, and even in the form of bars. These supplements are widely available over the counter and are often marketed as a means to enhance health, improve athletic performance, boost immunity, or address specific health concerns.

Key Companies
The leading players in the market are:
โ€ข Abbott
โ€ข Glanbia Plc
โ€ข The Archer-Daniels-Midland Company
โ€ข Nature's Sunshine Products
โ€ข Inc.
โ€ข GlaxoSmithKline plc
โ€ข Amway Corp.
โ€ข Abbott Laboratories
โ€ข Arkopharma
โ€ข NOW Foods
โ€ข Herbalife International of America
โ€ข XanGo
โ€ข LLC
โ€ข Nu Skin Enterprises Inc.
โ€ข PharmaNutrics Himalaya Global Holdings Ltd.
โ€ข Nutraceutics Corp.
โ€ข Pfizer Inc.
โ€ข Bayer AGl

Growth Factors

The market for dietary supplements is anticipated to gain from the expanding trend of consumers looking for preventative healthcare measures, which is being pushed by the rise in illnesses linked to aging and lifestyle choices. Moreover, the dietary supplements market is expanding due in part to consumers' rising interest in bodybuilding and sports. They are using sports nutrition products and supplements more and more to increase their performance and endurance.

๐‘ฉ๐’–๐’š ๐’•๐’‰๐’Š๐’” ๐‘ท๐’“๐’†๐’Ž๐’Š๐’–๐’Ž ๐‘น๐’†๐’”๐’†๐’‚๐’“๐’„๐’‰ ๐‘น๐’†๐’‘๐’๐’“๐’• @ https://www.polarismarketresearch.com/buy/41/2

Regional Data

โ— North America holds a dominant market share and revenue share. Due to consumers' increasing reliance on low-calorie and high-nutrient products, the industry is anticipated to expand gradually over the projection period.
โ— Asia Pacific is anticipated to develop at the quickest rate throughout the projection period because of factors like rising per capita income, rising health-related spending, and increased awareness in nations like South Korea, China, and India.
Dietary Supplements Market Report Highlights
โ€ข Vitamin segment dominated the market and has the largest revenue share. It will likely continue its dominance over the projected period due to the increasing demand for energy and weight management for working professionals and sports athletes.
โ€ข Tablet segment dominated the market because it's convenient to use an oral dose as a tablet. Also, it's portable, easy to swallow, and can be formulated with various ingredients.
โ€ข Energy and weight management segment are projected to grow at the fastest rate over the projected period because of the increasing prevalence of sedentary lifestyles, obesity, and high-stress level.
โ€ข Offline store segment includes various stores with links between the manufacturers and customers, which are the major factors that propel the segment growth.
โ€ข Adult segment is expected to dominate the market over the forecast period due to the growing number of diseases among adults and the rising changes in lifestyle and sedentary work styles.
โ€ข North America dominated the market and has the largest revenue share. It will grow steadily over the projected period due to the growing use of high nutritional value and low-calorie products.

Segmental Outlook

Polaris Market Research has segmented the Dietary Supplements market report based on type, form, application, distribution channel, end-use, and region:
Dietary Supplements, Type Outlook (Revenue - USD Billion, 2019 - 2032)
Vitamins
Minerals
Amino Acids
Botanicals
Probiotics
Enzymes
Others
Dietary Supplements, Form Outlook (Revenue - USD Billion, 2019 - 2032)
Tablets
Capsules
Powder
Soft Gels
Liquids
Others
Dietary Supplements, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Energy & Weight Management
Bone & Joint Health
Immunity
General Health
Cardia Health
Others
Dietary Supplements, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
Online Platforms
Offline Stores
Dietary Supplements, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Adults
Children
Infants
Pregnant Women
Geriatric

๐™ˆ๐™ค๐™ง๐™š ๐™๐™ง๐™š๐™ฃ๐™™๐™ž๐™ฃ๐™œ ๐™๐™š๐™ฅ๐™ค๐™ง๐™ฉ๐™จ ๐™—๐™ฎ ๐™‹๐™ค๐™ก๐™–๐™ง๐™ž๐™จ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ ๐™๐™š๐™จ๐™š๐™–๐™ง๐™˜๐™:
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Polaris Market Research

Phone: +1-929-297-9727

Email: sales@polarismarketresearch.com

Polaris Market Research is a worldwide market research and consulting organization.
We give unmatched nature of offering to our customers present all around the globe across industry verticals.
Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.
We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation,
next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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