Opportunities in the Global Vitamins and Dietary Supplements Sector 2024

Description

List of Tables

The global vitamin and dietary supplements sector was valued at $129.1 billion in 2023 and is expected to yield a CAGR of 4.1% during 2023-28, to reach $157.6 billion in 2028. The global vitamin and dietary supplements sector was fragmented in 2023, with the top five companies accounting for a value share of 12.4%, led by Amway with a value share of 3%.

Provides an overview of the current sector scenarios in terms of ingredients, manufacturer claims, and labeling. The analysis also provides a regional overview across five regions-Asia-Pacific, Middle East and Africa (MEA), the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth drivers, the latest developments, and future challenges for each region.

Key Highlights

The Asia-Pacific region led the global vitamin and dietary supplement sector in terms of value sales. Amway emerged as the market leader, followed by Nestle, Haleon, Bayer Group, and Herbalife International. In 2023, direct selling was the primary distribution channel for vitamin and dietary supplements worldwide. Increasing consumer awareness of health and wellness is expected to drive demand in the vitamins and minerals category. Additionally, as consumers prioritize traditional and herbal ingredients, there is a growing preference for natural and organic supplements.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the global vitamins and dietary supplements sector, analyzing data from 108 countries. It includes analysis of the following -

Sector overview: Provides an overview of the current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-Asia-Pacific, Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth drivers, the latest developments, and future challenges for each region.
Change in consumption: Provides an overview of changes in the consumption of vitamins and dietary supplements over 2018-28, at global and regional levels.
High-potential countries: Provides risk-reward analysis of the top two high-potential countries in each region based on market assessment, economic development, governance indicators, sociodemographic factors, and technological infrastructure.
Country and regional analysis: Provides a deep-dive analysis of 10 high-potential countries, covering value growth during 2018-28, and key trends.
Competitive landscape: Provides an overview of the leading brands at global and regional levels. The section also analyzes the market share and sales of private labels in each region.
Key distribution channels: Provides an analysis of the leading distribution channels in the global vitamins and dietary supplements sector in 2023. It covers direct sellers, e-retailers, parapharmacies/drugstores, chemists/pharmacies, and others. Others include hypermarkets and supermarkets, convenience stores, cash and carriers and warehouse clubs, other specialist retailers, and other channels.

Reasons to Buy

Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates

Product Code: GDCG240027GS

Executive Summary
Sector Overview
Current Scenario and Future Outlook
Global Vitamin and Dietary Supplements Sector Overview - What Are the Growth Factors, Latest Developments, and Future Inhibitors?
Regional Vitamin and Dietary Supplements Overview - What Are the Growth Factors, Latest Developments, and Future Inhibitors?
Key Challenges in the Global Vitamin and Dietary Supplements Sector
Shift in Overall Vitamin and Dietary Supplements Consumption Patterns
Consumption Levels Change in the Vitamin and Dietary Supplements Sector, 2018-28
Reasons for Shift in Consumption Patterns
Identifying High-Potential Countries
Analysis of 10 Countries on the Basis of Risk-Reward Analysis (Market Assessment, Economic Development,
Sociodemographic factors, Governance Indicators, and Technological Infrastructure)
Country Deep-Dive Analysis
High-Potential Country Analysis
Future Outlook
Competitive Landscape
Leading Companies by Value - Global
Leading Companies and Brands Share Analysis - Global
Leading Companies and Brands Share Analysis by Region
Competitive Landscape - Market Analysis
Market Share of Private Label
Private Label Share Analysis by Region
Private Label Share Analysis by Category
Key Distribution Channels
Share of Key Distribution Channels - Global and Regional Level
Select Industry Metrics
Global Job Analytics
Global Deals

Appendix

Definitions
About GlobalData

Product Code: GDCG240027GS

List of Tables

Identifying High-Potential Countries in the Asia-Pacific region
Identifying High-Potential Countries in the Americas region
Identifying High-Potential Countries in the Middle East and Africa region
Identifying High-Potential Countries in the Eastern Europe region
Identifying High-Potential Countries in the Western Europe region
Company and Brand Share Analysis - Global
Company and Brand Share Analysis - Asia-Pacific
Company and Brand Share Analysis - Middle East and Africa
Company and Brand Share Analysis - Americas
Company and Brand Share Analysis - Western Europe
Company and Brand Share Analysis - Eastern Europe
Key Brands - Dietary Supplements
Key Brands - Vitamins and Minerals
Private labels' value and share by region, 2018-23
Private labels' value and share by category and region, 2023
Leading distribution channels by region (% share by value), 2023
Global market sales - value ($ million)
Global vitamins and dietary supplements sales by region - value ($ million)
Global - vitamins and dietary supplements distribution ($ million) in 2018 vs. 2023
The Americas - vitamins and dietary supplements distribution ($ million) in 2018 vs. 2023
Asia-Pacific - vitamins and dietary supplements distribution ($ million) in 2018 vs. 2023
Eastern Europe - vitamins and dietary supplements distribution ($ million) in 2018 vs. 2023
Middle East and Africa - vitamins and dietary supplements distribution ($ million) in 2018 vs. 2023
Western Europe - vitamins and dietary supplements distribution ($ million) in 2018 vs. 2023
Global value share, dietary supplements (2023, $ million)
Global value share, vitamins and minerals (2023, $ million)
Global - brands vs. private label value (2023, $ million)
Asia-Pacific - brands vs. private label value (2023, $ million)
Americas - brands vs. private label value (2023, $ million)
Western Europe - brands vs. private label value (2023, $ million)
Middle East and Africa - brands vs. private label value (2023, $ million)
Eastern Europe - brands vs. private label value (2023, $ million)
The 108 countries analyzed to identify the high-potential countries in different regions

List of Figures

Global - key categories by value ($), 2023 vs. 2028
Asia-Pacific - key categories by value ($), 2023 vs. 2028
Asia-Pacific - key categories by value ($), 2023 vs. 2028
Americas - key categories by value ($), 2023 vs. 2028
Western Europe - key categories by value ($), 2023 vs. 2028
Eastern Europe - key categories by value ($), 2023 vs. 2028
Category share of the Malaysian Vitamin and Dietary Supplements Sector
Category share of the Indonesian Vitamin and Dietary Supplements Sector
Category share of the US Vitamin and Dietary Supplements Sector
Category share of the Canadian Vitamin and Dietary Supplements Sector
Category share of the Saudi Arabian Vitamin and Dietary Supplements Sector
Category share of the South African Vitamin and Dietary Supplements Sector
Category share of the Polish Vitamin and Dietary Supplements Sector
Category share of the Romanian Vitamin and Dietary Supplements Sector
Category share of the Belgian Vitamin and Dietary Supplements Sector
Category share of the Spanish Vitamin and Dietary Supplements Sector
Leading companies in the global vitamin and dietary supplements sector (% share by value), 2023
Global consumer health industry patent filings, 2023
Consumer health industry patent filings by leading companies (in value terms), 2023
Total consumer healthcare industry patent filings for key markets, 2023
Total job postings in the vitamin and dietary supplements sector by company, 2023
Job postings in the vitamin and dietary supplements sector by theme, 2023
Deals in the vitamin and dietary supplements sector by geography, 2023

Opportunities in the Global Vitamins and Dietary Supplements Sector 2024

Description

Table of Contents

List of Tables

Key Highlights

Scope

Reasons to Buy

Table of Contents

Table of Contents

Appendix

List of Tables

List of Figures