The global wellness supplements market is projected to reach USD 368.07 billion by 2028, growing at a CAGR of 7%. Climbing elderly population, rising incidence of chronic diseases, growing cognizance of wellness supplements, and shifting consumer focus from care to preventive care are some of the factors driving the growth of the global wellness supplements market.
Adroit Market Research report on global wellness supplements market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global Wellness supplements market have been studied in detail.
From the explosion of smoothie bars to dramatic growth in the organic beauty segment, we see ample evidence to support the idea that the desire for a “healthy” lifestyle has bypassed trend status and is now firmly established as part of a larger, sweeping cultural movement. Primarily embraced by women, the “wellness” mindset has moved into the mainstream and is now changing purchasing behaviors across many consumer categories, from those you’d expect, like health and fitness, to the more surprising, like fashion and beauty.
The global wellness supplements market is categorized based on product. On the basis of product, the wellness supplements is segmented into dietary supplements, functional/fortified food & beverages, food intolerance products and dermo-cosmetic essentials. The dietary supplements dominated the wellness supplements market due to growing health awareness towards weight management among all age groups as a result of extensive brand campaigning by nutritional product manufacturers.
In 2020, North America was the largest market for wellness supplements owing changing consumer preferences and increased awareness among consumers about links between nutrition and health. Key players of the global wellness supplements market include Nestle S.A., Abbott Laboratories, Amway, Otsuka Holdings Co., Ltd., Herbalife Ltd., Archer Daniels Midland Company, Glanbia plc, NBTY Inc., GNC Holdings Inc., Nu Skin Enterprises, Inc. among others.
Key segments of the global wellness supplements market
Product Overview, 2018-2028 (USD Billion)
- Dietary Supplements
- Vitamin Supplements
- Mineral Supplements
- Protein Supplements
- Herbal Supplements
- Fortified/Functional Food & Beverages
- Omega Fatty Acids Fortified Food
- Probiotic Fortified Food
- Branded Iodinated Salt
- Branded Wheat Flour
- Energy Drinks
- Sports Drinks
- Fortified Juices
- Food Intolerance products
- Gluten-free Foods
- Lactose-free Foods
- Diabetic Foods
- Other Special Milk Formula
- Dermo-Cosmetic Skin Essentials
- Anti-Aging Supplements
- Anti-Cellulite Supplements
- Anti-Acne Supplements
Regional Overview, 2018-2028 (USD Billion)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Rest of the World (RoW)