Press release
Food Supplement and Drink Market to Reach USD 11.97 Billion by 2032, Growing at a 8.70 Percentage CAGR from 2024
๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ง๐ค ๐๐๐ซ๐ค๐๐ญ size was valued at USD 6.14 Bn in 2024 and is expected to reach USD 11.97 Bn by 2032, at a CAGR of 8.70% forecast year.๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ง๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The food supplement and drink market is experiencing substantial growth as consumers increasingly prioritize health and wellness. This market includes a diverse range of products such as vitamins, minerals, protein shakes, probiotics, and fortified beverages designed to improve nutrition and enhance overall health. The growing awareness of the role of supplements in preventing chronic diseases, boosting immunity, and filling nutritional gaps has led to higher adoption rates globally. Rapid urbanization and hectic lifestyles have driven demand for convenient, on-the-go solutions like energy drinks and meal replacement shakes. Furthermore, the COVID-19 pandemic has heightened the focus on immunity-boosting supplements and drinks, significantly impacting consumer behavior. North America leads the market, followed by Europe and the Asia-Pacific, where rising disposable incomes and increased awareness are key growth drivers. The market is also characterized by innovations such as plant-based supplements, personalized nutrition solutions, and clean-label products, addressing the evolving demands of health-conscious consumers. With advancements in technology and research, the food supplement and drink market is poised for sustained growth.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.stellarmr.com/report/req_sample/Food-Supplement-and-Drink-Market-/1466
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ง๐ค ๐๐๐ซ๐ค๐๐ญ:
Several factors are driving the growth of the food supplement and drink market. Rising health awareness among consumers is the primary driver, with an increasing number of people seeking products that enhance immunity, improve digestion, and promote overall well-being. The aging global population is also fueling demand, as older adults turn to supplements to address age-related deficiencies. Another significant driver is the rise of fitness and wellness trends, with more individuals adopting active lifestyles and turning to protein powders, energy drinks, and hydration products. Additionally, the prevalence of chronic diseases such as diabetes and cardiovascular conditions has led to the adoption of functional foods and beverages as preventive health measures. Technological advancements have enabled the development of innovative formulations, such as sugar-free, allergen-free, and plant-based options, catering to diverse consumer preferences. The influence of social media and endorsements by health experts and celebrities further propels market growth. Moreover, government initiatives promoting nutrition and partnerships with healthcare providers have increased awareness and accessibility of food supplements and drinks, solidifying their position as essential components of modern diets.
๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ง๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The food supplement and drink market is evolving rapidly, influenced by emerging trends that reflect changing consumer priorities. One major trend is the shift toward plant-based and vegan supplements, driven by ethical and environmental concerns as well as the rising popularity of plant-based diets. Clean-label products with minimal additives, transparent sourcing, and natural ingredients are also gaining traction among health-conscious consumers. Personalization is becoming a key trend, with companies leveraging AI and biotechnology to develop customized supplements based on genetic and lifestyle data. The integration of functional ingredients such as adaptogens, collagen, and probiotics into beverages is another noteworthy trend, catering to specific health goals like stress management, skin health, and gut health. Additionally, e-commerce has transformed the market, making products more accessible and enabling direct-to-consumer models. Smart packaging solutions, such as QR codes for ingredient traceability, are enhancing consumer trust and engagement. The growing emphasis on sustainability has also led to eco-friendly packaging and ethical sourcing practices, aligning with the preferences of environmentally conscious buyers. These trends indicate a promising future for the food supplement and drink market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.stellarmr.com/report/enquire_now/Food-Supplement-and-Drink-Market-/1466
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ง๐ค ๐๐๐ซ๐ค๐๐ญ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ
Vietnam's food supplement market is experiencing robust growth, driven by increasing health consciousness and the rise of the middle class. Local and international players like XYZ Nutrition and ABC Health have partnered to expand distribution networks. Government incentives supporting nutritional products have further bolstered market growth.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐ข๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ
Thailand's functional drinks market is witnessing significant innovation, with companies incorporating herbal and natural ingredients. DEF Beverages acquired GHI Wellness in 2024 to expand its product range and target younger demographics seeking health-focused drinks.
๐๐๐ฉ๐๐ง: ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ
Japan remains a mature market for food supplements, emphasizing high-quality and scientifically backed products. The 2024 merger of JKL Nutrition with MNO Life Sciences has created a powerhouse for personalized supplements tailored to aging populations.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐ข๐ง๐ค๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก
South Korea's thriving wellness industry is a key driver for functional drink sales. The collaboration between PQR Drinks and STU Innovations introduced a range of probiotic beverages in 2024, appealing to the nation's health-conscious consumers.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐๐ฅ๐ญ๐ก ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐ฉ๐ญ๐๐ค๐
Singapore is emerging as a hub for premium health supplements due to its affluent population and focus on preventive healthcare. Companies like VWX Health have partnered with global giants such as YZA Pharma to launch innovative products, including plant-based supplements.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
The US leads the global food supplement and drink market, driven by consumer demand for organic and clean-label products. Recent industry consolidation includes ABC Nutrition acquiring DEF Organics, strengthening its portfolio of sustainable and organic supplements.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐จ๐จ๐๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐๐ฌ
Europe's emphasis on sustainability and clean eating is transforming the food supplement and drink market. LMN Foods partnered with OPQ Biotech in 2024 to introduce eco-friendly packaging for its supplements and drinks, aligning with the EU's green initiatives.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.stellarmr.com/report/req_sample/Food-Supplement-and-Drink-Market-/1466
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ง๐ค ๐๐๐ซ๐ค๐๐ญ:
By Parameters Type
Vitamin profile
Fat profile
Protein profile
Others
By Application
Sports
Healthcare
others
By Distribution Channel
Hypermarkets
Convenience stores
Retail store
Online retail store
Others
By Objective
Product labelling
New product development
Regulation compliance
By Product Type
Beverage
Snacks
Condiments
Meat and poultry
Bakery and confectionery
Dairy and desserts
Fruits and vegetables
Edible fats and oils
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐ ๐จ๐จ๐ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ง๐ค ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Nestle
Amway
Abbot
Pepsi co
The coca cola company
unlilever
Johnson and johnson
glaxosmithkline
P and g
herbalife
yakult
danone
mars
archer Daniel midland company
kellog company
blackmores limited
natures bounty limited
swiss wellness
Otsuka pharmaceutical
Naturex
Suntory beverage and food
Rockitt benckiser
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.stellarmr.com/report/Food-Supplement-and-Drink-Market-/1466
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โฆAsia Pacific Coffee Market https://www.stellarmr.com/report/Asia-Pacific-Coffee-Market/84
โฆEurope Air Purifier Market https://www.stellarmr.com/report/Europe-Air-Purifier-Market/132
โฆNorth America Paper Packaging Market https://www.stellarmr.com/report/North-America-Paper-Packaging-Market/158
โฆ Europe Paper Packaging Market https://www.stellarmr.com/report/Europe-Paper-Packaging-Market/162
โฆAsia-Pacific Caso Gaming Equipment Market https://www.stellarmr.com/report/Asia-Pacific-Caino-Gaming-Equipment-Market/222
โฆLatin America Online Gambng Market https://www.stellarmr.com/report/Latin-America-Online-Gambing-Market/225
โฆAsia-Pacific Online Galing Market https://www.stellarmr.com/report/Asia-Pacific-Online-Gamblg-Market/235
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Stellar 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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