Press release
Dietary Supplements Market Expected to Reach USD 245.15 Billion by 2030, Growing at a CAGR of 5.54%
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ :The growth in the dietary supplements market is primarily driven by increasing consumer awareness of health and wellness, a rising focus on preventive healthcare, and a growing aging population seeking to maintain health and vitality. Additionally, the trend towards self-medication and the demand for natural and organic products have significantly contributed to market expansion. Factors such as busy lifestyles, the popularity of fitness and nutrition, and the rise of e-commerce channels for purchasing supplements further enhance market demand. However, potential regulatory challenges and safety concerns may impact the market's growth trajectory.
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The dietary supplements market was estimated to be worth USD 168.03 billion in 2023. From 2024 to 2030, it is anticipated that overall market revenue will increase at a compound annual growth rate (CAGR) of 5.54%, or close to USD 245.15 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/26277/
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
By Ingredient
Botanicals
Vitamins
Minerals
Amino Acids
Enzymes
Others
By Product
Tablets
Capsules
Powder
Liquids
Soft Gels
Gel Caps
By Application
Additional Dietary Supplements
Medicinal Dietary Supplements
Sports Nutrition
By End-User
Infants
Children
Adults
Pregnant Women
Old-Aged
These supplements come in a variety of forms and include, among others, vitamin A (retinols and carotenoids), vitamin B (folic acid), vitamin C (ascorbic acid), and vitamin D (cholecalciferol). While vitamin E aids in DNA repair and immune system fortification, vitamin A is essential for maintaining eye health and boosting the immune system. These products are anticipated to be used more frequently over the forecast period in the dietary supplements market, particularly by working professionals and athletes. They are likely to be eaten in the form of multivitamin tablets, powders, and liquids.
The market for dietary supplements was held by the tablet category in 2023. Dominance with almost a 44% revenue share. The prolonged shelf life of tablets contributes to the segment's cost-effectiveness, which accounts for its dominance. Patients' worries about measuring their medications are allayed by tablets because they are convenient to take and provide accurate amounts. Furthermore, tablets are long-lasting and robust, giving manufacturers of medicines with different dosages options in the market. The established familiarity of customers with tablets is projected to further boost the expansion of this segment.
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The dietary supplements market has experienced significant growth in recent years, driven by an increasing focus on health and wellness among consumers. This market encompasses a wide range of products, including vitamins, minerals, herbal supplements, amino acids, and probiotics, aimed at enhancing overall health and preventing nutritional deficiencies. The rise in awareness regarding preventive healthcare, coupled with a growing aging population seeking to maintain their health and vitality, has fueled demand for dietary supplements. Additionally, the convenience of e-commerce and a shift towards self-medication have further propelled market expansion. As consumers continue to prioritize their well-being, the dietary supplements market is expected to see sustained growth in the coming years.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/26277/
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Dietary Supplements Market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Dietary Supplements, are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The scope of the dietary supplements market encompasses a diverse range of products designed to support health and wellness. This includes vitamins, minerals, herbal extracts, amino acids, protein powders, probiotics, and other specialty supplements aimed at various health needs such as weight management, immune support, and overall vitality. The methodology for analyzing this market involves a comprehensive approach that includes qualitative and quantitative research. Primary research methods, such as surveys and interviews with industry experts and consumers, are combined with secondary research from industry reports, market databases, and scientific publications. This dual approach ensures a well-rounded understanding of market trends, consumer preferences, competitive landscapes, and regulatory factors that influence the dietary supplements market. The insights gained from this methodology guide strategic decisions for stakeholders, including manufacturers, marketers, and investors, looking to navigate this dynamic market effectively.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/26277/
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
North America Dietary Supplements Market Leading Players:
1. Abbott Laboratories - (USA)
2. Amway Corp. - (USA)
3. Archer Daniels Midland Co. - (USA)
4. Carlyle Nutritionals LLC - (USA)
5. Herbalife International of America Inc. - (USA)
6. Natures Sunshine Products Inc. - (USA)
7. Natures Way Products LLC - (USA)
8. NOW Health Group Inc. - (USA)
9. Nu Skin Enterprises Inc. - (USA)
10. NutriGold Inc. - (USA)
11. Orgenetics Inc. - (USA)
12. Pfizer Inc. - (USA)
13. The Clorox Company - (USA)
Europe Dietary Supplements Market Leading Players:
1. Arkopharma Laboratories - (France)
2. Bayer AG - (Germany)
3. Glanbia plc - (Ireland)
4. Haleon Plc - (United Kingdom)
5. Reckitt Benckiser Group PLC - (United Kingdom)
6. Sanofi SA - (France)
7. GlaxoSmithKline plc - (United Kingdom)
8. Danisco A/S (DuPont) - (Denmark)
APAC Dietary Supplements Market Leading Players:
1. Suntory Holdings Ltd. - (Japan)
2. Otsuka Holdings Co. Ltd. - (Japan)
3. Himalaya Global Holdings Ltd. - (India)
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/global-dietary-supplements-market/26277/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Dietary Supplements?
โข What is the growth rate of the Dietary Supplements?
โข Which are the factors expected to drive the Dietary Supplements Market growth?
โข What are the different segments of the Dietary Supplements?
โข What growth strategies are the players considering to increase their presence in Dietary Supplements?
โข What are the upcoming industry applications and trends for the Dietary Supplements?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Dietary Supplements?
โข What major challenges could the Dietary Supplements face in the future?
โข What segments are covered in the Dietary Supplements?
โข Who are the leading companies and what are their portfolios in Dietary Supplements?
โข What segments are covered in the Dietary Supplements?
โข Who are the key players in the Dietary Supplements Market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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