Choose License Type
The global dietary supplements market size was valued at USD 111.34 billion in 2018 and expected to expand at a CAGR of 7.8% from 2019 to 2025. The global dietary supplements market is growing due to the rising acceptance of preventive management than curative practices in healthcare sector and growing health awareness towards the weight management among all age groups across the world. In addition, considerable rise in the number of fitness centers and gymnasiums in developed and developing economies can push the market over the next few years.
Dietary supplements are substances that are used to add nutrients to the diet or to lower the risk of health problems, like osteoporosis or arthritis. In order to increase the quality of consumption, supplements provide nutrients either extracted from food sources, individually or in combination. Dietary supplements are available in the form of powders, pills, capsules, gel tabs, extracts, or liquids. They might contain vitamins, minerals, fiber, amino acids, proteins, or enzymes. Sometimes, the ingredients in dietary supplements are added to foods, including drinks. The major application of dietary supplements in energy & weight management, bone & joint health, general health, gastrointestinal health, immunity, cardio health, diabetes, and anti-cancer engross the dietary supplements market in the forecast period. Rising demand for microencapsulation in the pharmaceutical industry to provide color characteristics and the quality of finished ingredients is anticipating dietary supplements manufacturers to use capsule dosage forms over the forecast period.
Furthermore, growing health awareness about the weight management, health issues due to changing lifestyle along with rapid urbanization, rise in disposable income are anticipated to boost the dietary supplement market. Rising prevalence of chronic diseases such as cardiovascular disease, hypertension, cancer, and diabetes mellitus as well as the good effects associated with plant-extracted drugs over synthetic drugs are some of the factors which bolster the dietary supplement market. Rising concerns over the adverse effects of conventional medicines, lack of medical aid, a general skepticism about allopathic medicines and food fads are expected to promote the use of botanical extracts as an ingredient for the production of dietary supplements. These factors are expected to drive the demand of dietary supplements over the next few years. However, safety, efficacy, labelling challenges and the rising prices of dietary supplements are some of the factors expected to hinder the overall growth of dietary supplement market at a global level.
Vitamins are widely adopted over other dietary supplement ingredients due to its ability to excrete out easily by kidneys. Over the next few years, the usage of vitamin based dietary supplement is set to significantly increase due to its more application among working professionals and sports athletes in the form of multivitamin tablets, powders, and liquids. Division of the global dietary supplements market into five major continents shows that Asia Pacific is at the leading position with the highest CAGR in 2018 making up 40.9% of the total market share. The penetration of dietary supplements in this region is moving towards its peak, thereby, implying maturity with more scope for growth.
Key segments of the global dietary supplements market
Ingredients Overview, 2015-2025 (USD Million)
• Botanicals
• Vitamins
• Minerals
• Protein & Amino acids
• Omega Fatty acids
• Others
Form Overview, 2015-2025 (USD Million)
• Tablets
• Capsules
• Powder
• Liquids
• Soft Gels
• Others
Users Overview, 2015-2025 (USD Million)
• Pediatrics
• Adults
• Prenatal
Regional Overview, 2015-2025 (USD Million)
Reasons for the study
• The purpose of the study is to give an exhaustive outlook of the global dietary supplements market
• While studying the market, we observed that use of the term nutraceuticals is being widely used among food and beverage industries
• Asia Pacific is projected to be the be the most potential region due to rising awareness about nutritional enrichment in China and India
• The global dietary supplements market is projected to witness lucrative opportunity in developing regions of Latin America and Middle East & Africa due to changing financial status of consumers and growing concerns over the spread of chronic diseases
What does the report include?
• The study on the global dietary supplements market includes qualitative factors such as drivers, trends, and opportunities
• Additionally, the market has been evaluated using the Porter’s Five Forces’ analysis and PESTEL analysis
• The study covers qualitative and quantitative analysis of the market segmented on the basis of ingredients, products, applications, end-user and region. Moreover, the study provides similar information for the key geographies.
• Actual market sizes and forecasts have been provided for all the above-mentioned segments
• The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
This study is suitable for industry participants and stakeholders in the dietary supplements market, who want an in-depth insight into the movement of the nutraceuticals market. The report will benefit:-
• Executives of food & beverage and healthcare companies that are engaged healthy food manufacturing
• Managers within financial institutions looking to publish recent and forecasted statistics pertaining to food market
• Venture capitalists and investors looking for more information on the future outlook of the global dietary supplements market
• Government organizations, regulatory authorities, policymakers and financial organizations looking for innovations in drugs
• Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
The global dietary supplements market has shown a remarkable growth in the recent times. Growing health awareness towards weight management among all age groups as a result of extensive brand campaigning by nutritional product manufacturers is anticipated to drive the dietary supplements market growth. Increasing preference for sports activity as an academic curriculum in education systems and the positive outlook towards sports nutrition is among the major market drivers. In addition, rise in the number of sports centers, fitness centers and gymnasiums is expected to bolster the growth. The growing interest of the adult population in personal fitness has spiked the demand for vitamins, and minerals since they provide preventive measures against health problems. Also, seasonal health alerts such as the spread of swine flu viruses have aided in fuelling the consumer interest in immune-boosting supplements and this, in turn, drives the vitamin and dietary supplement industry.
There is an increase in sale of dietary supplements due to growing consumer awareness regarding health issues and also due to rapid urbanization along with rise in disposable income which is expected to propel the market growth over the next few years. The rising prevalence of chronic diseases such as arthritis, cardiovascular problems, and diabetes and favorable outlook towards medical nutrition is expected to propel the product demand. Nowadays, fluctuations in diet intervals among working individuals coupled with the hectic work schedules has generated the need for nutrition from external sources such as dietary supplements, which is anticipated to bolster the market. Rising concerns over the adverse effects of conventional medicines including allopathic drugs and the demand for herbs for the prevention of mental as well as physical disorders are expected to promote the use of botanical extract as an ingredient for the production of dietary supplements over the next few years.
The dietary supplements market is hampered due to lack of awareness about consumption of dosage of the supplements and its rising prices. Rising geriatric population as most people in this age group cannot meet their Recommended Dietary Allowances (RDA) because of insufficient dietary intake has created various opportunities for the dietary supplement manufacturers, which results in increasing product demand.
The dietary supplements market has been segmented based on ingredients used, forms, users and regional. Based on ingredients used, the market has been classified into botanicals, vitamins, minerals, protein & amino acids, omega fatty acid and others. Vitamins is leading the dietary supplements market on the basis of ingredients used and is expected to remain largest segment over the forecast period due to its ability to excrete out easily by kidneys along with its more application among working professionals and sports athletes in the form of multivitamin tablets, powders, and liquids.
The dietary supplements market has been segmented on the basis of forms, the market is classified into tablets, capsules, powder, liquids, soft gels and others. Dietary supplements in the form of tablets is leading the market and expected to remain largest due to the primary attributes that make tablets appealing among manufacturers are ease of formation, available in different sizes, shapes and formulation flexibility.
The dietary supplements market is also segmented on the basis of users, such as pediatrics, adults, and prenatal. On the basis of users, adults are leading the market and expected to remain the largest segment due to changing mind set of people from curative to preventive healthcare. Along with the rising incidences of obesity and related diseases in adults have made them more health conscious and have driven the need for food and beverages that are natural or organic and low in fat & calories by preventing nutritional deficiency diseases.
Based on regional segmentation, the market for dietary supplements are in North America, Europe, Asia Pacific, Latin America, and rest of the world. Asia Pacific has the largest market share in global dietary supplements market due to the emerging trend of personalized nutrition and individualized dietary guidelines for gym professionals indicates that one-third of consumers take dietary supplements to complete their nutrition goals. Rising need and popularity of protein powders among athletes and bodybuilders have further supported the demand for dietary supplements in this region.
The global dietary supplements industry is highly competitive with low barriers to entry. The dietary supplements market is marked by the presence of several manufacturers moving towards new sales channels to expand their reach to a diverse and broad range of customers. Some of the leading industry players include ADM, Inc., Abbott Laboratories, Pfizer, Arkopharma Laboratories Pharmaceutiques, Carlyle Group, Amway, Glanbia Nutritionals, Bayer AG, Herbalife International, and GSK (GlaxoSmithKline).
The global dietary supplements market size was valued at USD 111.34 billion in 2018 and expected to expand at a CAGR of 7.8% from 2019 to 2025. The global dietary supplements market is growing due to the rising acceptance of preventive management than curative practices in healthcare sector and growing health awareness towards the weight management among all age groups across the world. In addition, considerable rise in the number of fitness centers and gymnasiums in developed and developing economies can push the market over the next few years.
Dietary supplements are substances that are used to add nutrients to the diet or to lower the risk of health problems, like osteoporosis or arthritis. In order to increase the quality of consumption, supplements provide nutrients either extracted from food sources, individually or in combination. Dietary supplements are available in the form of powders, pills, capsules, gel tabs, extracts, or liquids. They might contain vitamins, minerals, fiber, amino acids, proteins, or enzymes. Sometimes, the ingredients in dietary supplements are added to foods, including drinks. The major application of dietary supplements in energy & weight management, bone & joint health, general health, gastrointestinal health, immunity, cardio health, diabetes, and anti-cancer engross the dietary supplements market in the forecast period. Rising demand for microencapsulation in the pharmaceutical industry to provide color characteristics and the quality of finished ingredients is anticipating dietary supplements manufacturers to use capsule dosage forms over the forecast period.
Furthermore, growing health awareness about the weight management, health issues due to changing lifestyle along with rapid urbanization, rise in disposable income are anticipated to boost the dietary supplement market. Rising prevalence of chronic diseases such as cardiovascular disease, hypertension, cancer, and diabetes mellitus as well as the good effects associated with plant-extracted drugs over synthetic drugs are some of the factors which bolster the dietary supplement market. Rising concerns over the adverse effects of conventional medicines, lack of medical aid, a general skepticism about allopathic medicines and food fads are expected to promote the use of botanical extracts as an ingredient for the production of dietary supplements. These factors are expected to drive the demand of dietary supplements over the next few years. However, safety, efficacy, labelling challenges and the rising prices of dietary supplements are some of the factors expected to hinder the overall growth of dietary supplement market at a global level.
Vitamins are widely adopted over other dietary supplement ingredients due to its ability to excrete out easily by kidneys. Over the next few years, the usage of vitamin based dietary supplement is set to significantly increase due to its more application among working professionals and sports athletes in the form of multivitamin tablets, powders, and liquids. Division of the global dietary supplements market into five major continents shows that Asia Pacific is at the leading position with the highest CAGR in 2018 making up 40.9% of the total market share. The penetration of dietary supplements in this region is moving towards its peak, thereby, implying maturity with more scope for growth.
Key segments of the global dietary supplements market
Ingredients Overview, 2015-2025 (USD Million)
• Botanicals
• Vitamins
• Minerals
• Protein & Amino acids
• Omega Fatty acids
• Others
Form Overview, 2015-2025 (USD Million)
• Tablets
• Capsules
• Powder
• Liquids
• Soft Gels
• Others
Users Overview, 2015-2025 (USD Million)
• Pediatrics
• Adults
• Prenatal
Regional Overview, 2015-2025 (USD Million)
Reasons for the study
• The purpose of the study is to give an exhaustive outlook of the global dietary supplements market
• While studying the market, we observed that use of the term nutraceuticals is being widely used among food and beverage industries
• Asia Pacific is projected to be the be the most potential region due to rising awareness about nutritional enrichment in China and India
• The global dietary supplements market is projected to witness lucrative opportunity in developing regions of Latin America and Middle East & Africa due to changing financial status of consumers and growing concerns over the spread of chronic diseases
What does the report include?
• The study on the global dietary supplements market includes qualitative factors such as drivers, trends, and opportunities
• Additionally, the market has been evaluated using the Porter’s Five Forces’ analysis and PESTEL analysis
• The study covers qualitative and quantitative analysis of the market segmented on the basis of ingredients, products, applications, end-user and region. Moreover, the study provides similar information for the key geographies.
• Actual market sizes and forecasts have been provided for all the above-mentioned segments
• The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
This study is suitable for industry participants and stakeholders in the dietary supplements market, who want an in-depth insight into the movement of the nutraceuticals market. The report will benefit:-
• Executives of food & beverage and healthcare companies that are engaged healthy food manufacturing
• Managers within financial institutions looking to publish recent and forecasted statistics pertaining to food market
• Venture capitalists and investors looking for more information on the future outlook of the global dietary supplements market
• Government organizations, regulatory authorities, policymakers and financial organizations looking for innovations in drugs
• Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
1. Introduction
1.1. Introduction to the Study
1.2. Market Definition and Scope
1.3. Units, Currency, Conversions and Years Considered
1.4. Key Stakeholders
1.5. Key Questions Answered
2. Research Methodology
2.1. Introduction
2.2. Data Capture Sources
2.3. Market Size Estimation
2.4. Market Forecast
2.5. Data Triangulation
Assumptions and Limitations
3. Market outlook
3.1. Introduction
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Restraints
3.3.3. Opportunities
3.3.4. Challenges
3.4. Porter’s Five Forces Analysis
4. Dietary Supplements Market by Ingredients, 2017-2025 (USD Million)
4.1. Botanicals
4.2. Vitamins
4.3. Minerals
4.4. Protein & Amino Acids
4.5. Omega Fatty acids
4.6. Others
5. Dietary Supplements Market by Form, 2017-2025 (USD Million)
5.1. Tablets
5.2. Capsules
5.3. Powders
5.4. Liquids
5.5. Soft Gels
5.6. Others
6. Dietary Supplements Market by Users, 2017-2025 (USD Million)
6.1. Pediatrics
6.2. Adults
6.3. Prenatal
7. Dietary Supplements Market by Region, 2017-2025 (USD Million)
7.1.1. North America
7.1.1.1. US
7.1.1.2. Canada
7.1.2. Europe
7.1.2.1. UK
7.1.2.2. Germany
7.1.2.3. France
7.1.2.4. Rest of Europe
7.1.3. Asia Pacific
7.1.3.1. India
7.1.3.2. Japan
7.1.3.3. China
7.1.3.4. Rest of APAC
7.1.4. Latin America
7.1.4.1. Brazil
7.1.4.2. Mexico
7.1.4.3. Rest of Latin America
7.1.5. Middle East & Africa
7.1.5.1. GCC
7.1.5.2. Rest of MEA
8. Competitive Landscape
8.1. Company Landscape
8.2. Strategic Initiatives
8.2.1. Mergers & Acquisitions
8.2.2. New Product Launch
8.2.3. Investments
8.2.4. Expansion
8.2.5. Others
9. Company profiles
9.1. Amway
9.1.1. Company overview
9.1.2. Product portfolio
9.1.3. Key developments
9.1.4. Financial performance
9.2. Abbott Laboratories
9.2.1. Company overview
9.2.2. Product portfolio
9.2.3. Key developments
9.2.4. Financial performance
9.3. Carlyle Group
9.3.1. Company overview
9.3.2. Product portfolio
9.3.3. Key developments
9.3.4. Financial performance
9.4. GlaxoSmithKline
9.4.1. Company overview
9.4.2. Product portfolio
9.4.3. Key developments
9.4.4. Financial performance
9.5. Glanbia Nutritionals
9.5.1. Company overview
9.5.2. Product portfolio
9.5.3. Key developments
9.5.4. Financial performance
9.6. Bayer AG
9.6.1. Company overview
9.6.2. Product portfolio
9.6.3. Key developments
9.6.4. Financial performance
9.7. Herbalife International
9.7.1. Company overview
9.7.2. Product portfolio
9.7.3. Key developments
9.7.4. Financial performance
9.8. ADM, Inc.
9.8.1. Company overview
9.8.2. Product portfolio
9.8.3. Key developments
9.8.4. Financial performance
9.9. Pfizer
9.9.1. Company overview
9.9.2. Product portfolio
9.9.3. Key developments
9.9.4. Financial performance
9.10. Arkopharma Laboratories Pharmaceutiques
9.10.1. Company overview
9.10.2. Product portfolio
9.10.3. Key developments
9.10.4. Financial performance
10. Appendix
10.1. Primary Research Approach
10.1.1. Primary Interview Participants
10.2. Questionnaire
10.3. Related Reports
10.3.1. Published
10.3.2. Upcoming