Unlocking Vitality The Dietary Supplements Market’s Surge in Global Demand

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The Dietary Supplements Market size was valued at USD 168.03 Billion in 2023 and the total market revenue is expected to grow at a CAGR of 5.54% from 2024 to 2030, reaching nearly USD 245.15 Billion.

The size of the dietary supplements market was estimated at USD 168.03 billion in 2023, and it is anticipated that the industry would generate close to USD 245.15 billion in revenue between 2024 and 2030, growing at a compound annual growth rate (CAGR) of 5.54%.

Dietary Supplements Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Dietary Supplements Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Dietary Supplements market, with forecasts outspreading to the year 2030.

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Dietary Supplements Market Scope and Methodology:

The research provides a thorough understanding of the Dietary Supplements industry, highlights major competitors and their market positioning, and provides an overview of the competitive landscape. It also talks about recent product developments and market trends in technology. For the benefit of businesses, newcomers, and industry participants in the Dietary Supplements market, comprehensive data on revenue, sales volume, and average pricing is accessible for the whole Dietary Supplements market and its segments. The examination of the Dietary Supplements industry reveals current patterns impacting growth and prospects.

Both qualitative and quantitative research are included in the study, with an emphasis on pattern identification, data interpretation, and perceptive observations. A hierarchical method is used to analyse the strategies of leading businesses in the Dietary Supplements industry, taking into account different market segments and geographical areas. Details on import/export activities, market trends, costs, and pricing are also included in the study.

Dietary Supplements Market Regional Insights

The Dietary Supplements market is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific, according to regional analysis. Several areas are home to nations such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

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Dietary Supplements Market Segmentation

By Ingredient

Botanicals
Vitamins
Minerals
Amino Acids
Enzymes
Others

These supplements, which come in different forms, include vitamin D (cholecalciferol), vitamin B (folic acid), vitamin C (ascorbic acid), and vitamin A (carotenoids and retinols). While vitamin E aids in DNA repair and immune system fortification, vitamin A is essential for maintaining eye health and boosting the immune system. During the forecast period in the dietary supplements market, these products are anticipated to be used more frequently, particularly by working professionals and athletes. They are projected to be eaten in the form of multivitamin tablets, powders, and liquids.

By Product

Tablets
Capsules
Powder
Liquids
Soft Gels
Gel Caps

The market for dietary supplements was held by the tablet category in 2023. Dominance with a roughly 44% revenue share. Because tablets have a longer shelf life, the category is more cost-effective, which accounts for their domination. Because they are convenient to use and provide accurate quantities, tablets allay patients' worries about measuring their medications. Furthermore, tablets are long-lasting and durable, giving market participants the freedom to produce goods in a range of dosages. It is anticipated that consumers' long-standing familiarity with tablets will further propel this market's expansion.

By Application

Additional Dietary Supplements
Medicinal Dietary Supplements
Sports Nutrition

By End-User

Infants
Children
Adults
Pregnant Women
Old-Aged

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Dietary Supplements Market Key Players

North America Dietary Supplements Market Leading Players:
1. Abbott Laboratories - (USA)
2. Amway Corp. - (USA)
3. Archer Daniels Midland Co. - (USA)
4. Carlyle Nutritionals LLC - (USA)
5. Herbalife International of America Inc. - (USA)
6. Natures Sunshine Products Inc. - (USA)
7. Natures Way Products LLC - (USA)
8. NOW Health Group Inc. - (USA)
9. Nu Skin Enterprises Inc. - (USA)
10. NutriGold Inc. - (USA)
11. Orgenetics Inc. - (USA)
12. Pfizer Inc. - (USA)
13. Church Dwight Co. Inc. - (USA)
14. The Clorox Company - (USA)

Europe Dietary Supplements Market Leading Players:
1. Arkopharma Laboratories - (France)
2. Bayer AG - (Germany)
3. Glanbia plc - (Ireland)
4. Haleon Plc - (United Kingdom)
5. Reckitt Benckiser Group PLC - (United Kingdom)
6. Sanofi SA - (France)
7. GlaxoSmithKline plc - (United Kingdom)
8. Danisco A/S (DuPont) - (Denmark)

APAC Dietary Supplements Market Leading Players:
1. Suntory Holdings Ltd. - (Japan)
2. Otsuka Holdings Co. Ltd. - (Japan)
3. Himalaya Global Holdings Ltd. - (India)

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Table of Content: Dietary Supplements Market

Part 01: Executive Summary

Part 02: Scope of the Dietary Supplements Market Report

Part 03: Global Dietary Supplements Market Landscape

Part 04: Global Dietary Supplements Market Sizing

Part 05: Global Dietary Supplements Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Key questions answered in the Dietary Supplements Market are:

  • What is Dietary Supplements ?
  • What was the Dietary Supplements market size in 2023?
  • What is the growth rate of the Dietary Supplements Market?
  • Which is the fastest-growing region in the Dietary Supplements market?
  • Which are the factors expected to drive the Dietary Supplements market growth?
  • What is the CAGR at which the Dietary Supplements market will grow during the forecast period?
  • What growth strategies are the players considering to increase their presence in Dietary Supplements ?
  • What are the upcoming opportunities and trends for the Dietary Supplements Market?
  • What are the different segments of the Dietary Supplements Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Dietary Supplements Market?
  • What segments are covered in the Dietary Supplements Market?
  • Who are the key players in the Dietary Supplements market?
  • Who are the leading companies and what are their portfolios in Dietary Supplements Market? 

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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