US and Canada Food Supplement Market Size, Share, Outlook, Industry Analysis, and Prospect 2024-2031 | Procter & Gamble, NOW Health Group, Inc., Pharmavite LLC.

The US and Canada Food Supplement Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the US and Canada Food Supplement market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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US and Canada Food Supplement Market reached US$ 41,294.93 million in 2023 and is expected to reach US$ 54,511.64 million by 2027, growing with a CAGR of 7.40% during the forecast period 2024-2031.

The US and Canada Food Supplement Market focuses on dietary products that enhance nutrition, including vitamins, minerals, proteins, and herbal supplements. Driven by growing health consciousness, aging populations, and the rise in preventive healthcare, this market caters to fitness enthusiasts, individuals with dietary deficiencies, and those seeking holistic wellness. Key trends include the demand for plant-based, organic supplements, personalized nutrition solutions, and innovations in delivery formats like powders.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as Procter & Gamble, NOW Health Group, Inc., Pharmavite LLC, Jamieson Wellness Inc., PanTheryx, Inc., LoveBug Probiotics, EquiLife, Inc., DrFormulas, Vital Nutrients, ProHealth, Inc., GU Energy Labs, The Clorox Company, Nutrabolics Inc., BIOHM Health LLC, i-Health, Inc., New Roots Herbal Inc., Living Alchemy Ltd. organika Health Products, R&J Nutritionals O/A Vitatree and among others.

Key Developments:

On February 8, 2024, Herbalife introduced the Herbalife GLP-1 Nutrition Companion, a new line of food and supplement combinations designed to complement the dietary needs of individuals taking GLP-1 and other weight-loss medications. Featuring the brand's globally recognized Protein Shake, the range includes Classic and Vegan options available in a variety of flavors across the U.S. and Puerto Rico.

On November 16, 2023, Else Nutrition launched its full product line in Canadian retail stores of one of the world's largest organic and natural foods retailers. The lineup includes Toddler Nutritional Supplements, Kids Drinks, and Baby Super Cereals, catering to health-conscious consumers who value quality and sustainability. This expansion marks a significant milestone for the company in the Canadian market.

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Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The US and Canada Food Supplement market has been segmented

By Ingredient: Vitamins, Botanicals, Minerals, Protein & Amino Acids, Omega Fatty Acids, Probiotics, Others.

By Dosage: Tablet, Capsules, Liquid, Powder, Others.

By Application: Gastrointestinal Health, Vaginal Health, Urinary Tract Health, Oral Health, Anti/Healthy Ageing, Allergies/Asthma, Bone & Joint Health, Others.

By Age: Infant, Children, Adults, Seniors.

By Distribution Channel: Supermarkets/Hypermarkets, Pharmacies and Drug Stores, Convenience Stores, Online Retailers, Other Distribution Channels.

Research Process

Both primary and secondary data sources have been used in the global US and Canada Food Supplement Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, US and Canada Food Supplement market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global US and Canada Food Supplement Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global US and Canada Food Supplement market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the US and Canada Food Supplement Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of US and Canada Food Supplement market?

➠ Who are the global key manufacturers of the US and Canada Food Supplement Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the US and Canada Food Supplement market opportunities and threats faced by the vendors in the global US and Canada Food Supplement Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the US and Canada Food Supplement market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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