Press release
Global Liquid Nutritional Supplement Market: Rapid Expansion and Significant CAGR Projected for 2024-2029
Liquid Nutritional Supplement Market
What Is The Projected Market Size Of The Global Liquid Nutritional Supplement Market And Its Growth Rate?
The global liquid nutritional supplement market has demonstrated substantial growth and is projected to extend this trend further:
- The market size grew from $29.84 billion in 2024 to $31.58 billion in 2025, presenting a compound annual growth rate (CAGR) of 5.8%.
- This historical growth can be linked to an increased preference for health-centric diets, awareness of nutrient deficiency, diverse dietary preferences, and the rising popularity of tastier supplement options.
- The market is projected to ascend to $40.92 billion in 2029 with a compound annual growth rate (CAGR) of 6.7%.
- The forecasted period growth is expected to be driven by various features such as targeted health solutions, advancements in nutrigenomics and personalized nutrition, the integration of plant-based and functional ingredients, recommendations from healthcare professionals, and factors of sustainability.
What Is Driving The Growth In The Liquid Nutritional Supplement Market?
The growth in the number of health-conscious individuals is a significant factor propelling the expansion of the liquid nutritional supplement market. These individuals prioritize their physical, mental, and emotional health and consciously make choices to maintain and enhance their wellbeing. Liquid nutritional supplements have been embraced for their convenience and their capacity to deliver essential nutrients quickly and efficiently, contributing to fitness objectives and weight management. For example, in 2022, the UK's healthcare expenditure reached approximately $354.88 billion, reflecting a nominal increase of 0.7% compared to 2021, as stated by the Office for National Statistics. The increased prevalence of these health-conscious individuals is thereby expected to continue to fuel the growth of the liquid nutritional supplement market.
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Who Are the Key Players Driving Liquid Nutritional Supplement Market Growth?
Key players in the liquid nutritional supplement market include:
- Nestlé S.A.
- Archer-Daniels-Midland Company
- BASF SE
- Bayer AG
- Abbott Laboratories
- GlaxoSmithKline plc.
- Amway Corporation
- Herbalife International of America Inc
- DuPont Nutrition & Biosciences
- Isagenix International LLC
- The Bountiful Company
- Shaklee Corporation
- GNC Holdings Inc.
- Melaleuca Inc.
- Glanbia Nutritionals Inc
- Usana Health Sciences Inc.
- Nutricia Ltd.
- Arkopharma Laboratories
- Plexus Worldwide LLC
- Jeunesse Global Holdings LLC
- The Juice Plus+ Company
- Garden of Life LLC
- LifeVantage Corporation
- Mannatech Incorporated
- Zija International Inc
- Nature's Sunshine Products Inc.
- Synergy Worldwide Inc.
- Liquid Health Inc.
- Carlyle Nutritionals LLC
What Are The Key Trends In The Liquid Nutritional Supplement Market?
Major trends in the liquid nutritional supplement market include:
- Utilizing clean label and natural ingredients
- Functional ingredient usage and fortification
- The growing popularity of plant-based and vegan offerings
- Innovation in delivery systems
- Integration of sports and performance nutrition
What Are The Segments Of The Global Liquid Nutritional Supplement Market?
The global liquid nutritional supplement market is segmented as:
1) By Type: Additional Supplements, Medical Supplements, Sport Nutrition
2) By Ingredient: Botanicals, Vitamins, Minerals, Proteins And Amino Acids, Other Ingredients
3) By Route Of Administration: Oral, Enteral, Parenteral
4) By Distribution Channel: Online Channels, Offline Channels, Pharmacy Chains, Super markets, Drug Stores
5) By End-User: Infants, Children, Adult, Pregnant Women, Old Age
Which Region Leads The Liquid Nutritional Supplement Market?
In 2024, North America was the leading region in the liquid nutritional supplement market. Asia-Pacific is predicted to display the fastest growth over the forecast period. The liquid nutritional supplement market report covers several regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Liquid Nutritional Supplement Market Global Market Report?
- Market Size Analysis: Analyze the Liquid Nutritional Supplement Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Liquid Nutritional Supplement Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Liquid Nutritional Supplement Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Liquid Nutritional Supplement Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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