The global nutritional supplements market size is expected to reach around US$ 624.7 billion by 2030 from US$ 314.6 billion in 2020 and is expected to grow at an impressive double-digit rate of 7.1% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global nutritional supplements market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
Nutritional supplements are used to treat the deficiency of essential nutrients in the body such as vitamins, minerals, fibers, omega-3, and proteins. The busy and hectic lifestyle of people results in unhealthy food habits and lack of maintenance of proper diet. Therefore, people opt for nutritional supplements in order to fulfil their daily nutritional needs.
The growing burden of diseases, rising prevalence of obesity and overweight and sedentary lifestyle of the population is increasing fostering the adoption of nutritional supplements among the consumers across the globe. The development of the immune system highly depends on the stomach, hence dietary supplements are necessary for the development of strong immune system. A strong immune system helps to prevents diseases and fosters the recovery from any illness.
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Crucial factors accountable for market growth are:
- Rising health consciousness
- Increasing consumer expenditure on health and wellness
- Rising burden of malnutrition
- Demand for a healthy and active lifestyle
- Rising participation of youth in sports and fitness activities
- Busy and hectic schedules of the consumers
- Rising number of working population
- Growing demand for functional foods
- Increasing government initiatives to eliminate malnutrition among children
Report Highlights
- By form, the capsules segment is expected to be the fastest growing due to its easy availability and convenience. The advanced multi-layered capsules perfectly and instantly helps to fulfil the nutrients deficiency. Therefore, the consumption of multivitamins is increasing among the consumers, thereby fostering the segment growth.
- By product type, the dietary supplements is expected to witness highest growth rate owing to the rising demand for the dietary fibers among the global population. The increased health consciousness among the population have led to the increased awareness regarding the development of a strong immune system.
- By age group, the adults is the dominating segment and is estimated to retain its position during the forecast period. Increasing participation in sports, increasing participation in fitness centers, rising disposable income, rising number of working population, and increased health awareness among the young adults is fostering the growth of this segment.
- By distribution channel, the e-commerce segment is estimated to be the most opportunistic segment. The rising penetration of internet and growing popularity of e-commerce platforms is boosting the market. Further, the rapid growth of several online pharmacies is positively impacting the segment growth.
Regional Snapshots
Asia Pacific was the dominating nutritional supplements market in 2020. Asia Pacific is the home to around 60% of the global population. The rising prevalence of malnutrition among kids, obesity, underweight, and overweight issues among the adults are the various factors propelling the growth of the nutritional supplements market. The high number of young population in Asia Pacific are increasingly participating in various sports and athletic activities. Further, the rising popularity of gyms and fitness centers is fueling the demand for the sports nutrition supplements across the Asia Pacific countries. Further, the nations like India, China, and Philippines are becoming the manufacturing hub for the nutritional supplements. Key market players are investing heavily in the region for the research activities and setting up manufacturing plants owing to the easy availability of raw materials and cheap labor.
On the other hand, Latin America is expected to show the highest growth rate during the forecast period. Rising health awareness and increasing consumer expenditure on health and wellness products is the major driving force of the nutritional supplements market in the region.
North America was the second largest market for the nutritional supplements in 2020 and is expected to sustain its significance throughout the forecast period. This is attributed to the increased disposable income, increased health awareness of the consumers, sedentary life style of the consumers, and unhealthy food habits of people.
Why should you invest in this report?
If you are aiming to enter the global nutritional supplements market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for nutritional supplements are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global nutritional supplements market include:
- Abbott Nutrition
- Amway
- Nestle
- Glanbia Plc
- Herbalife International of America
- Archer Daniels Midland
- GlaxoSmithKline
- Nature’s Bounty Co.
- Arkopharma Laboratories Pharmaceutiques
- DuPont
- American Health, Inc.
- Pfizer, Inc.
- Stepan Company
Market Segmentation:
By Form
- Powder
- Tablets
- Capsules
- Liquid
- Soft gels
- Others
By Product Type
- Sports Nutrition
- Dietary Supplements
- Fat Burner
- Functional Food
- Others
By Age Group
- Kids
- Adults
- Geriatric
By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Pharmacies
- E-commerce
- Others
Regional Analysis:
The geographical analysis of the global nutritional supplements market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global nutritional supplements Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global nutritional supplements market in 2030?
- What is the expected CAGR for the nutritional supplements market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global nutritional supplements market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Nutritional Supplements Market
5.1. COVID-19 Landscape: Nutritional Supplements Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Nutritional Supplements Market, By Form
8.1. Nutritional Supplements Market, by Form Type, 2021-2030
8.1.1. Powder
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Tablets
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Capsules
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Liquid
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. Soft gels
8.1.5.1. Market Revenue and Forecast (2019-2030)
8.1.6. Others
8.1.6.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Nutritional Supplements Market, By Product
9.1. Nutritional Supplements Market, by Product, 2021-2030
9.1.1. Sports Nutrition
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Dietary Supplements
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Fat Burner
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Functional Food
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Nutritional Supplements Market, By Age Group
10.1. Nutritional Supplements Market, by Age Group, 2021-2030
10.1.1. Kids
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Adults
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Geriatric
10.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Nutritional Supplements Market, By Distribution Channel
11.1. Nutritional Supplements Market, by Distribution Channel, 2021-2030
11.1.1. Supermarkets/Hypermarkets
11.1.1.1. Market Revenue and Forecast (2019-2030)
11.1.2. Specialty Stores
11.1.2.1. Market Revenue and Forecast (2019-2030)
11.1.3. Pharmacies
11.1.3.1. Market Revenue and Forecast (2019-2030)
11.1.4. E-commerce
11.1.4.1. Market Revenue and Forecast (2019-2030)
11.1.5. Others
11.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 12. Global Nutritional Supplements Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Form (2019-2030)
12.1.2. Market Revenue and Forecast, by Product (2019-2030)
12.1.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.1.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Form (2019-2030)
12.1.5.2. Market Revenue and Forecast, by Product (2019-2030)
12.1.5.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.1.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Form (2019-2030)
12.1.6.2. Market Revenue and Forecast, by Product (2019-2030)
12.1.6.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.1.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Form (2019-2030)
12.2.2. Market Revenue and Forecast, by Product (2019-2030)
12.2.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.2.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Form (2019-2030)
12.2.5.2. Market Revenue and Forecast, by Product (2019-2030)
12.2.5.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.2.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Form (2019-2030)
12.2.6.2. Market Revenue and Forecast, by Product (2019-2030)
12.2.6.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.2.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Form (2019-2030)
12.2.7.2. Market Revenue and Forecast, by Product (2019-2030)
12.2.7.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.2.7.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Form (2019-2030)
12.2.8.2. Market Revenue and Forecast, by Product (2019-2030)
12.2.8.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.2.8.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Form (2019-2030)
12.3.2. Market Revenue and Forecast, by Product (2019-2030)
12.3.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.3.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Form (2019-2030)
12.3.5.2. Market Revenue and Forecast, by Product (2019-2030)
12.3.5.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.3.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Form (2019-2030)
12.3.6.2. Market Revenue and Forecast, by Product (2019-2030)
12.3.6.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.3.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Form (2019-2030)
12.3.7.2. Market Revenue and Forecast, by Product (2019-2030)
12.3.7.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.3.7.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Form (2019-2030)
12.3.8.2. Market Revenue and Forecast, by Product (2019-2030)
12.3.8.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.3.8.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Form (2019-2030)
12.4.2. Market Revenue and Forecast, by Product (2019-2030)
12.4.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.4.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Form (2019-2030)
12.4.5.2. Market Revenue and Forecast, by Product (2019-2030)
12.4.5.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.4.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Form (2019-2030)
12.4.6.2. Market Revenue and Forecast, by Product (2019-2030)
12.4.6.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.4.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Form (2019-2030)
12.4.7.2. Market Revenue and Forecast, by Product (2019-2030)
12.4.7.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.4.7.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Form (2019-2030)
12.4.8.2. Market Revenue and Forecast, by Product (2019-2030)
12.4.8.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.4.8.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Form (2019-2030)
12.5.2. Market Revenue and Forecast, by Product (2019-2030)
12.5.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Form (2019-2030)
12.5.5.2. Market Revenue and Forecast, by Product (2019-2030)
12.5.5.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.5.5.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Form (2019-2030)
12.5.6.2. Market Revenue and Forecast, by Product (2019-2030)
12.5.6.3. Market Revenue and Forecast, by Age Group (2019-2030)
12.5.6.4. Market Revenue and Forecast, by Distribution Channel (2019-2030)
Chapter 13. Company Profiles
13.1. Abbott Nutrition
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Amway
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Nestle
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Glanbia Plc
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Herbalife International of America
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Archer Daniels Midland
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. GlaxoSmithKline
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Nature’s Bounty Co.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Arkopharma Laboratories Pharmaceutiques
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. DuPont
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
13.11. American Health, Inc.
13.11.1. Company Overview
13.11.2. Product Offerings
13.11.3. Financial Performance
13.11.4. Recent Initiatives
13.12. Pfizer, Inc.
13.12.1. Company Overview
13.12.2. Product Offerings
13.12.3. Financial Performance
13.12.4. Recent Initiatives
13.13. Stepan Company
13.13.1. Company Overview
13.13.2. Product Offerings
13.13.3. Financial Performance
13.13.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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