The global dietary supplements market size reached USD 145.4 Billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for vegan products and rising prevalence of obesity and diabetes globally are factors expected to support market revenue growth between 2021 and 2030.
The growing trend of veganism is driving demand for plant-based dietary supplement products, which is expected to boost revenue growth of the market during the forecast period. Plants have certain essential nutrients that are found in animal-based products. Phytochemicals, antioxidants, vitamins, and minerals present in plants can help to keep human cells healthy, along with balancing the immune system. A healthy immune system is essential for reducing risks of diseases such as cancer as the system can recognize and attack mutations in cells before they can progress to disease. Furthermore, prolonged inflammation can damage tissues that can cause cancer and other inflammatory diseases, including arthritis, and plant-based dietary supplements can prevent these diseases and help to protect cells in the human body from damage and aging.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are: Abbott, Amway Corp., Procter Gamble, Nestle, Herbalife International of America Inc., Arkopharma, Glanbia PLC, Nature's Sunshine Product Types, Inc., American Health, and Capstone Nutrition, LLC.
The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others.
Emergen Research has segmented the global dietary supplements market on the basis of product type, function, application, target consumer, and region:
Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Amino Acids
- Herbal Supplements
Function Outlook (Revenue, USD Billion; 2019–2030)
- Medicinal Supplements
- Sports Nutrition
- Additional Supplements
Application Outlook (Revenue, USD Billion; 2019–2030)
- Bone Joint
- Energy Weight Management
Target Consumer Outlook (Revenue, USD Billion; 2019–2030)
- Pregnant Women
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The report aims to provide a complete analysis of the global Dietary Supplements market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Dietary Supplements market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
Key Questions Answered in the Report:
- What will be the estimated growth rate of the Dietary Supplements market ?
- Who are the prominent distributors, vendors, and manufacturers of the market?
- What are the driving and restraining factors of the growth of the Dietary Supplements market throughout the forecast period?
- What are the current and future market trends of the Dietary Supplements market?
- What are the sales and price analysis of the product by types, applications, and regions?
- What are the expected opportunities for the companies and new entrants in the coming years?
The report demonstrates the progress and advancement achieved by the global Dietary Supplements market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.
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