Dietary Supplements Market Report

Dietary Supplements Market Industry Trend, Outlook, by Product Type (Vitamin, Botanical, Mineral) Dosage (Tablet, Capsule, Liquid, Gummies) Application (Immunity, Stress, Energy) Distribution Channel, By Regions, Key Companies - Global Forecast to 2030

FREQUENTLY ASKED QUESTION: DIETARY SUPPLEMENTS MARKET

The global market for dietary supplements was valued at approximately USD143.7 billion in 2023, and is projected to increase to USD153.7 billion in 2024.

The global dietary supplements market is anticipated to grow at an annual growth rate of 6.3% from 2024 to 2030 to reach USD 221.8 billion, by 2030.

The key end-users in the dietary supplements market comprise adults, pregnant women, children, infants, and the elderly population, with the children segment anticipated to experience the highest growth rate of approximately 8.0% during the forecast period.

Supplement sales through offline channels accounted for ~80% of the market in 2024 and are expected to grow at a CAGR of 5.3%, during the forecast period.

Leading players within the dietary supplements market are Nestle SA, Abbott Laboratories, Amway Corporation, Otsuka Holdings Co. Ltd., and Herbalife Ltd.

The market is moderately consolidated at top, comprising 10 to 15 key players, while it remains highly fragmented at the lower levels, with numerous small and mid-sized companies operating at regional and national level.

The primary application areas within the dietary supplements market encompass immunity, stress management, energy, weight management, and skin health. Notably, the demand in the sports nutrition category is anticipated to experience a CAGR of 7.7% between 2024 and 2030.

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