Press release
Dietary Supplements Market to Reach USD 245.15 Billion by 2030, Growing at a 5.54% CAGR
Dietary Supplements Market
The global dietary supplements market has emerged as a significant industry, driven by increasing consumer health consciousness, demand for preventive healthcare, and innovations in product formulations. The market, valued at USD 168.03 billion in 2023, is projected to grow at a CAGR of 5.54% during the forecast period 2024-2030, reaching approximately USD 245.15 billion by 2030.
This press release delves into country-specific growth opportunities, trends, consolidation, and recent updates in Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe, highlighting key mergers, acquisitions, and the role of major companies.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/26277/
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ
Growth Opportunities in Vietnam: The Vietnamese dietary supplements market is witnessing significant growth, driven by an increasing focus on health and wellness. Rising disposable incomes and urbanization have further fueled demand for vitamins, minerals, and herbal supplements.
Key Trends in Vietnam: Local players are introducing affordable dietary supplements tailored to regional health needs.
Consolidation in Vietnam: Recent mergers, such as Company A acquiring Company B, are reshaping the competitive landscape.
Updation in Vietnam: Government initiatives promoting preventive healthcare have spurred growth.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Opportunity Growth in Thailand: Thailand's market is expanding as consumers increasingly prefer natural and herbal supplements.
Key Trends in Thailand: Organic dietary supplements are gaining traction, aligning with the country's cultural preference for natural remedies.
Consolidation in Thailand: Company C's strategic collaboration with Company D highlights the market's consolidation efforts.
Updation in Thailand: Increasing investments in R&D have led to product innovations such as chewable vitamins.
๐๐๐ฉ๐๐ง: ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Opportunity Growth in Japan: Japan is a mature market, but technological advancements and functional food innovations are creating new opportunities.
Trends in Japan: Rising geriatric population fuels demand for supplements targeting bone health and immunity.
Consolidation in Japan: Company E recently acquired Company F, enhancing its presence in Japan.
Updation in Japan: Regulatory updates supporting functional food labeling are expected to benefit the industry.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/26277/
๐๐ก๐ข๐ง๐: ๐๐๐ฉ๐ข๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ฐ๐ข๐ญ๐ก ๐๐จ๐๐ฎ๐ฌ๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Growth Opportunities in China: China remains a powerhouse in the dietary supplements market, driven by increasing middle-class incomes and e-commerce penetration.
Trends in China: Online platforms dominate sales, with collaborations between ๐๐ฅ๐ข๐๐๐๐ and leading supplement brands driving growth.
Consolidation in China: Company G's merger with Company H underscores the trend toward industry consolidation.
Updation in China: New regulations aimed at curbing counterfeit products have strengthened consumer confidence.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐๐๐ฅ๐ญ๐ก-๐๐จ๐ง๐ฌ๐๐ข๐จ๐ฎ๐ฌ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ๐ฌ ๐๐๐๐๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Opportunity Growth in South Korea: The rising adoption of probiotics and functional beverages boosts the market.
Trends in South Korea: K-beauty influence extends to supplements, with collagen-based products gaining traction.
Consolidation in South Korea: Company I's acquisition of Company J expanded its product offerings.
Updation in South Korea: Advanced retail formats, such as health-focused convenience stores, are growing.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ฆ๐๐ฅ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ข๐ ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ
Growth Opportunities in Singapore: The market benefits from a health-conscious population and government awareness campaigns.
Trends in Singapore: Customized supplements targeting fitness enthusiasts are on the rise.
Consolidation in Singapore: Partnerships like Company K collaborating with local distributors have enhanced reach.
Updation in Singapore: New tax incentives for health-related startups drive innovation.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/26277/
๐๐: ๐๐๐๐๐๐ซ ๐ข๐ง ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐
Opportunity Growth in the US: The US remains the largest dietary supplements market globally, driven by consumer awareness and diverse product offerings.
Trends in the US: Plant-based and vegan supplements are gaining popularity.
Consolidation in the US: The merger of Company L and Company M signifies increasing consolidation.
Updation in the US: FDA's stricter regulatory measures ensure product safety and transparency.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐ ๐๐๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ญ๐๐๐๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Growth Opportunities in Europe: Europe's dietary supplements market benefits from growing awareness of preventive healthcare.
Trends in Europe: Organic and non-GMO supplements dominate consumer preferences.
Consolidation in Europe: Major acquisitions, like Company N merging with Company O, are transforming the competitive landscape.
Updation in Europe: EU regulations encouraging sustainable practices have influenced production methods.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-dietary-supplements-market/26277/
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ
Botanicals
Vitamins
Minerals
Amino Acids
Enzymes
Others
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Tablets
Capsules
Powder
Liquids
Soft Gels
Gel Caps
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Additional Dietary Supplements
Medicinal Dietary Supplements
Sports Nutrition
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
Infants
Children
Adults
Pregnant Women
Old-Aged
๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
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)
14. The Clorox Company - (USA)
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
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)
๐๐๐๐ ๐๐ข๐๐ญ๐๐ซ๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Suntory Holdings Ltd. - (Japan)
2. Otsuka Holdings Co. Ltd. - (Japan)
3. Himalaya Global Holdings Ltd. - (India)
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐ก๐๐ญ'๐ฌ ๐๐ซ๐๐ง๐๐ข๐ง๐ :
โฆ Global Intumescent Coating Market https://www.maximizemarketresearch.com/market-report/global-intumescent-coating-market/22946/
โฆ Global Ion Exchange Resins Market https://www.maximizemarketresearch.com/market-report/global-ion-exchange-resins-market/30790/
โฆ Global Iot Gateway Market https://www.maximizemarketresearch.com/market-report/global-iot-gateway-market/25540/
โฆ Global Iot In Aerospace Defense https://www.maximizemarketresearch.com/market-report/global-iot-in-aerospace-defense/10721/
โฆ Global Iot Market Electronic Health Record Management Systems https://www.maximizemarketresearch.com/market-report/global-iot-market-electronic-health-record-management-systems/10220/
โฆ Global Iot Smart Cities Market https://www.maximizemarketresearch.com/market-report/global-iot-smart-cities-market/1540/
โฆ Global Iot Software Market https://www.maximizemarketresearch.com/market-report/global-iot-software-market/10633/
โฆ Global Iptv Internet Protocol Television Market https://www.maximizemarketresearch.com/market-report/global-iptv-internet-protocol-television-market/33067/
โฆ Global Ip Video Surveillance And Vsaas Market https://www.maximizemarketresearch.com/market-report/global-ip-video-surveillance-and-vsaas-market/29518/
โฆ Global It Asset Management Software Market https://www.maximizemarketresearch.com/market-report/global-it-asset-management-software-market/25475/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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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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