Global Dietary Supplements Market By Type (Botanicals, Vitamins, Minerals, Amino Acids, Probiotic, Other), By Application (Food & Beverages, Health Care Products, Other), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2029

Market.us announces publication of its most recently generated research report titled, “Global Dietary Supplements Market by Ingredient (Botanicals, Vitamins, Minerals, Amino acids, Enzymes, and Others), By Type (Tablets, Capsules, Powder, and Liquids), By Application (Additional Supplements, Medicinal Supplements, and Sports Nutrition), By End User (Children, Adults, and Old-aged), and by Region – Global Forecast to 2029.”, which offers a holistic view of the global dietary supplements market through systematic segmentation that covers every aspect of the target market.

The global dietary supplements market is projected to be US$ 132.6 Mn in 2019 to reach US$ 277.8 Mn by 2029 at a CAGR of 7.7%.

Dietary supplements are substances that add nutrients in the diet and helps in lowering risk of health problems such as osteoporosis, arthritis, etc. In other words, dietary supplement is products developed to improve digestion and contain a dietary ingredient which adds further nutritional value to the diet. According to FDA, dietary supplements are products containing ‘dietary ingredient’ which enable ingestion. It is available in several forms, including tablets, capsules, powders, energy bars, and liquids and aimed at lowering risk of chronic ailments, while others are meant to improve nutritional value in daily diet. The composition of dietary supplements, therefore, differs based on targeted consumer age, but large remains at improving the overall health.

Increasing, sedentary lifestyle and imbalanced diet among the people resulted into increasing incidence of chronic lifestyle diseases such as stroke, heart disease, obesity, diabetes, and atherosclerosis, etc. which is expected to be a major factor driving the growth of the global dietary supplements market.

Global Dietary Supplements Market Revenue (US$ Mn), 2019–2029

However, Vendors in the global dietary supplements market are required to comply with stringent rules and regulations imposed by various regulatory authorities. These regulations permit and regulate the entry of new players, residual management issues, and expiry dates for certain dietary supplement products. Hence such regulations may hamper the growth of the global dietary supplements market to a certain extent. Nonetheless, increasing westernization culture across developing countries in regions such as Asia Pacific and Africa, and rising consumer awareness regarding the benefits of dietary supplements is expected to create lucrative opportunities for major players and strategic plans can be made to tap into markets in these regions and expand customer base.

Global dietary supplements market is segmented on the basis of ingredient, type, application, end user, and region. On the basis of ingredient, the market is segmented into botanicals, vitamins, minerals, amino acids, enzymes, and others. The vitamins segment accounts for the majority share and is expected to register the highest growth over forecast period. On the basis of type, the market is segmented into tablets, capsules, powder, and liquids. The tablets segment accounts for a majority share in the global dietary supplements market. On the basis of application, the market is segmented into additional supplements, medicinal supplements, and sports nutrition. The additional supplements segment accounts for a majority share in the global dietary supplements market. On the basis of end user, the market is segmented into children, adults, and old-aged. The adults’ segment accounts for a majority share in the global dietary supplements market.

Global Dietary Supplements Market by Ingredient, 2019

On the basis of region, the market is segmented into North America, Europe, APAC, South America and MEA. North America accounts for the majority share in the global dietary supplements market owing to increasing preference for dietary supplements among consumers, especially among aging individuals, changing lifestyle patterns, rapid urbanization, coupled with increasing disposable income. APAC is followed by Europe owing to rising consumer preference for dietary supplements. Regions such as South America and MEA are expected to register stable growth over the forecast period.

The research report on the global dietary supplements market includes profiles of some of major companies such as Archer-Daniels-Midland (ADM), DuPont de Nemours, Inc., Glanbia PLC, Koninklijke DSM N.V., Pfizer Inc., Carlyle Group, Bayer AG, Amway Corporation, Herbalife Nutrition Ltd., Nestlé S.A., GlaxoSmithKline plc, BASF SE, Danone S.A., Yakult Honsha Co., Ltd., and The Himalaya Drug Company.

Key Market Segments

Type

• Botanicals
• Vitamins
• Minerals
• Amino Acids
• Probiotic
• Other

Application

• Food & Beverages
• Health Care Products
• Other

Key Market Players included in the report:

• Archer-Daniels-Midland (ADM)
• DuPont de Nemours Inc.
• Glanbia PLC
• Koninklijke DSM N.V.
• Pfizer Inc.
• Carlyle Group
• Bayer AG
• Amway Corporation
• Herbalife Nutrition Ltd.
• Nestlé S.A.
• GlaxoSmithKline plc
• BASF SE
• Danone S.A.
• Yakult Honsha Co.Ltd.
• The Himalaya Drug Company

For the Global Dietary Supplements Market research study, the following years have been considered to estimate the market size: