Dietary Supplements Market Size & Forecast Report, 2013 - 2024

The global Dietary Supplements Market is expected to reach USD 278.02 billion by 2024, at a CAGR of 9.6% as the scope, product types, and applications are increasing across the globe. A dietary supplement is planned to provide the necessary nutrients to the body which may otherwise not be consumed in adequate amounts. Dietary Supplements come in several forms such as pills, powders, drinks, energy bars, capsules, etc. Dietary Supplements generally consist of proteins, vitamins, fatty acids, fibers, etc. However, in some circumstances, dietary supplements may have risks.

Several factors propel the growth of the global Dietary Supplements Market such as increasing awareness regarding the advantages of dietary supplements, maintenance of health, changing lifestyles, medical conditions, doctor recommendations, and rapid innovation in products. On the other hand, some factors hamper the growth of the market, such as lack of awareness regarding the amount of the supplements and negative publicity & incorrect product claim. Additionally, there are also adverse effects. For instance, the consumption of an excessive amount of Vitamin A as a supplement may cause liver damage, headaches, etc. Large doses of minerals and vitamins may cause nerve damage, nausea, weight loss, etc.

The market may be explored by ingredient type, forms, product, applications, end-users, distribution channel, and geography. Dietary Supplements may be explored by ingredient types as Botanicals, Minerals, Vitamins, Amino Acids, Enzymes, and Others. The other ingredients may consist of extracts, concentrate metabolites, etc. In the case of ingredients, vitamins were extensively used and held a major share of the dietary supplements market.

Dietary Supplements may be explored by form as powder, liquid, and pills, or soft gel. The pills or soft gel comprise of two classes the pharmaceutical products and confectionery products. The pharmaceutical products consist of chewable pills, pills, and gel caps. The confectionery products consist of gummies, chews, and others. Dietary Supplements may be explored by-products as Tablets, Gel Caps, Capsules, Liquids, Powder, and Soft Gels. The dietary supplements market may be explored by applications as Additional Dietary Supplements, Medicinal Dietary Supplements, and Sports Nutrition, and another specific requirement (anti allergies, beauty supplements, etc.)

The market may be explored by end-users as Infants, Adults, Children, Old-Aged and Pregnant Women. Amongst the end-user segment, adults accounted for the major share of the market. The factor that attribute to the growth of this sector is the growing use of multivitamin tablets to keep up a healthy lifestyle.

The Dietary Supplement industry may be explored by end-users as pharmacies, health & beauty stores, hypermarket & supermarket, the internet, and direct selling. Asia-Pacific has been at the forefront with regards to Dietary Supplement Market and will continue to rule the roost in the years to come. The factors that attribute to the growth of the Asia Pacific market include rising population, increasing disposable income, etc.

Some of the key players that fuel the growth of the Dietary Supplements Industry include BASF SE, Herblife International, Glanbia Plc, Royal DSM N.V., E. I. DU PONT DE NEMOURS AND COMPANY, Abbott Laboratories, Bayer AG, NBTY Inc., and GlaxoSmithKline Limited, Amway Enterprises. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Dietary Supplements Ingredient Outlook (Revenue, USD Million; 2013 - 2024)
    • Botanicals
    • Vitamins
    • Minerals
    • Amino Acids
    • Enzymes
    • Others

Dietary Supplements Product Outlook (Revenue, USD Million; 2013 - 2024)
    • Tablets
    • Capsules
    • Powder
    • Liquids
    • Soft Gels
    • Gel Caps

Dietary Supplements Application Outlook (Revenue, USD Million; 2013 - 2024)
    • Additional Dietary Supplements
    • Medicinal Dietary Supplements
    • Sports Nutrition

Dietary Supplements End-Use Outlook (Revenue, USD Million; 2013 - 2024)
    • Infants
    • Children
    • Adults
    • Pregnant Women
    • Old-Aged

Dietary Supplements Regional Outlook (Revenue, USD Million; 2013 - 2024)
    • North America
        • the U.S.
        • Canada
        • Mexico
    • Europe
        • the UK
        • Germany
        • France
        • Italy
    • the Asia Pacific
        • China
        • India
        • Japan
    • Central & South America
        • Brazil
    • Middle East & Africa
        • South Africa