PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635121
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635121
The global dietary supplements market is experiencing significant growth, with its value projected to increase from $155.9 billion in 2024 to $275.2 billion by 2030, reflecting a robust compound annual growth rate (CAGR) of 10.1% during the forecast period (2025-2030). This growth is fueled by the rising demand for sports nutritional supplements, increasing consumer awareness about health and wellness, and the prevalence of chronic diseases.
Vitamins constitute a significant portion of the market, addressing nutritional deficiencies and enhancing overall health. Minerals are widely consumed to prevent deficiencies and support wellness, while botanicals gain popularity due to the preference for natural, plant-based products. Enzyme supplements, often used to aid digestion, and fatty acids, like omega-3 for heart health, contribute to the growing market. Proteins are in high demand among fitness enthusiasts and athletes to support muscle growth and recovery.
Adults comprise the largest consumer category, focusing on maintaining health and preventing age-related ailments. Children are increasingly provided supplements to support growth and immunity, while prenatal supplements for pregnant women are essential for fetal development and maternal health. Elderly individuals rely on supplements to manage age-related health issues, and specialized infant supplements ensure proper nutrition during early development.
Tablets remain the most common form of dietary supplements due to ease of consumption and precise dosing. Capsules and soft gels are favored for their versatility and absorption benefits, while powders appeal to athletes for customizable dosing. Gummies and liquids provide palatable and convenient options, especially for those with difficulty swallowing pills.
Asia-Pacific dominates the market due to increasing health consciousness, rising disposable incomes, and a growing aging population. North America also shows significant growth, supported by high consumer awareness and a well-established supplement industry, while Europe maintains steady growth with its focus on preventive healthcare.
The market benefits from increasing consumer awareness about the benefits of dietary supplements and the rising prevalence of chronic conditions driving preventive health measures. Sports nutrition continues to grow as more individuals pursue fitness goals, while the rapid expansion of e-commerce platforms enhances the accessibility of supplements.
The competitive landscape is highly dynamic, with key players such as Amway, Herbalife Nutrition Ltd., Abbott Laboratories, Nestle S.A., and GlaxoSmithKline plc focusing on product innovation, quality, and expanding distribution networks. The dietary supplements market is poised for robust growth, driven by evolving consumer preferences and expanding global opportunities.