Global Dietary Supplements Market Outlook 2022

Dietary Supplements Market Size 

The global Dietary Supplements market size is projected to reach USD 121110 Million by 2027, from USD 89810 Million in 2020, at a CAGR of 3.9% during 2021-2027. Key drivers of the dietary supplements market include the rising health consciousness and demand for personalized supplements.

The increasing dependence on nutritional supplements for fulfilling daily nutrient requirements owing to their convenience will bolster the growth of the market in the coming years. The hectic work-life schedules of people and lack of time for meeting health needs will drive the growth of the market during the forecast period. 

Trends Influencing the Growth of the Dietary Supplements Market

Health awareness

People around the world are adopting healthier lifestyles due to rising awareness regarding health and fitness. Personalized supplements are gaining popularity and key players are investing huge amounts of money to increase their production capacity. The trend of smart nutrition is gaining traction in the industry. The products are blended with personal health biomarkers from research findings on the exact needs of nutrition. Various health data are analyzed such as medical history, lab results, and wellness goals. This will augment the growth of the dietary supplements market in the forthcoming years. A precise formulation is prepared based on the dosage, and availability. This ensures that particular nutrition gaps are fulfilled effectively.  Instead of taking guesses the necessary multivitamin supplements cover all the bases and prevent nutrient deficiency. They are usually more safer and effective. The risks of taking excess amounts of supplements are avoided. Companies consider the natural diet and provide personalized recommendations so that they are absorbed better. 

The convenient factor

Dietary supplements contain healthier amounts of essential amino acids, herbals, probiotics, botanicals, and animal extracts. It is extremely beneficial for people who suffer from certain health conditions or follow a diet that lacks specific nutrients. The pills or tablets are easy to use and very convenient. This will surge the growth of the dietary supplements market in the forthcoming years. For instance, a multivitamin tablet will provide all the necessary micronutrients that our body needs. These supplements also help in regulating good HDL cholesterol levels. Moreover tighter FDA regulations and several initiatives taken by government regulatory bodies for ensuring high quality and reliable production have sparked consumers' interest in the supplements industry. 

Hectic work schedules

Rapid industrialization has led to people taking on hectic job roles. The adoption of sedentary lifestyles and the huge prevalence of chronic diseases such as diabetes, high blood pressure, and cancer have led to people looking for convenient, quick, and easily accessible solutions for fulfilling their daily nutritional requirements. This will spur the demand for the dietary supplements market in the forthcoming years. Consumers are inclined towards safe and preventative healthcare practices. The use of organic, green packaging labels and eco-friendly food additives is aiding the market expansion. Furthermore, the growing trend of sports and bodybuilding has led to higher adoption of supplements for boosting endurance and improving athletic performance. 

Dietary Supplements Market Share

share with 60% due to huge demand from working professionals and sports athletes for weight management and nutritional requirement. It is followed by minerals at a 10% share. 

Based on form, the tablets segment will grow the highest in the dietary supplements market share with 60% due to features such as easy dosage, low cost, and longer shelf life along with convenient use followed by capsules with a share of 15%.

Based on application, the segmentations include food and beverage and healthcare products.

Based on region, North America will be the most lucrative during the forecast period due to increasing awareness of supplement consumption and rising demand for tablets that are high in nutrition and low on calories along with the presence of key players.  .

Key Drivers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Post Covid-19 Outlook

The readers in the section will understand how the Dietary Supplements market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as sales, demand, supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Segmental Outlook

Key segments including type, and application have been elaborated in this report. The consultants at QY Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows sales and revenue data by type, and application during the historical period (2016-2021) and forecast period (2022-2027).

Dietary Supplements Market Segmentation

By Type

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

By Application

• Food & Beverages
• Health Care Products
• Other

Regional Outlook 

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2016-2027. This information derived through comprehensive research will help the reader to get familiar with the potential value of the investment in a particular region. North America, Europe, China and Japan are the major regions studied in the research report.

Competitive Scenario

In this section, the readers will gain an understanding of the key players competing. The experts at QY Research have studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2016-2021. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent

Key Companies

• Pfizer Pharmaceuticals
• Amway Corporation
• Abbott Laboratories
• Herbalife International
• ADM
• Nestle
• DuPont
• GlaxoSmithKline
• Carlyle Group
• Danone
• Bayer HealthCare
• BASF
• Glanbia
• Yakult
• DSM
• The Himalaya Drug Company

Scope of Dietary Supplements Market Report

List of Tables

Table 1. Global Dietary Supplements Sales (MT) Growth Rate Comparison by Type (2021-2027)

Table 2. Global Dietary Supplements Sales (MT) Comparison by Application (2021-2027)

Table 3. Global Dietary Supplements Market Size by Region (US$ Million) (2016 VS 2021 VS 2027)

Table 4. Key Manufacturers Dietary Supplements Covered in This Study

Table 5. Global Dietary Supplements Sales (MT) of Key Manufacturers (2016-2021)

Table 6. Global Dietary Supplements Sales Market Share by Manufacturers (2016-2021)

Table 7. Global Dietary Supplements Revenue (US$ Million) by Manufacturers (2016-2021)

Table 8. Global Dietary Supplements Revenue Share by Manufacturers (2016-2021)

Table 9. Global Market Dietary Supplements Average Price (USD/MT) of Key Manufacturers (2016-2021)

Table 10. Manufacturers Dietary Supplements Manufacturing Sites and Area Served

Table 11. Manufacturers Dietary Supplements Product Type

Table 12. Global Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 13. Global Dietary Supplements by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Dietary Supplements as of 2020)

Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans

Table 15. Global Dietary Supplements Sales by Region (2016-2021) & (MT)

Table 16. Global Dietary Supplements Sales Market Share by Region (2016-2021)

Table 17. Global Dietary Supplements Revenue by Region (2016-2021) & (US$ Million)

Table 18. North America Dietary Supplements Sales by Country (2016-2021) & (MT)

Table 19. North America Dietary Supplements Sales Market Share by Country (2016-2021)

Table 20. North America Dietary Supplements Revenue by Country (2016-2021) & (US$ Million)

Table 21. North America Dietary Supplements Revenue Market Share by Country (2016-2021)

Table 22. Europe Dietary Supplements Sales by Country (2016-2021) & (MT)

Table 23. Europe Dietary Supplements Sales Market Share by Country (2016-2021)

Table 24. Europe Dietary Supplements Revenue by Country (2016-2021) & (US$ Million)

Table 25. Europe Dietary Supplements Revenue Market Share by Country (2016-2021)

Table 26. Asia Pacific Dietary Supplements Sales by Region (2016-2021) & (MT)

Table 27. Asia Pacific Dietary Supplements Sales Market Share by Region (2016-2021)

Table 28. Asia Pacific Dietary Supplements Revenue by Region (2016-2021) & (US$ Million)

Table 29. Asia Pacific Dietary Supplements Revenue Market Share by Region (2016-2021)

Table 30. Latin America Dietary Supplements Sales by Country (2016-2021) & (MT)

Table 31. Latin America Dietary Supplements Sales Market Share by Country (2016-2021)

Table 32. Latin America Dietary Supplements Revenue by Country (2016-2021) & (US$ Million)

Table 33. Latin America Dietary Supplements Revenue Market Share by Country (2016-2021)

Table 34. Middle East and Africa Dietary Supplements Sales by Country (2016-2021) & (MT)

Table 35. Middle East and Africa Dietary Supplements Sales Market Share by Country (2016-2021)

Table 36. Middle East and Africa Dietary Supplements Revenue by Country (2016-2021) & (US$ Million)

Table 37. Middle East and Africa Dietary Supplements Revenue Market Share by Country (2016-2021)

Table 38. Global Dietary Supplements Sales (MT) by Type (2016-2021)

Table 39. Global Dietary Supplements Sales Market Share by Type (2016-2021)

Table 40. Global Dietary Supplements Revenue (Million US$) by Type (2016-2021)

Table 41. Global Dietary Supplements Revenue Share by Type (2016-2021)

Table 42. Global Dietary Supplements Price (USD/MT) by Type (2016-2021)

Table 43. Global Dietary Supplements Sales (MT) by Application (2016-2021)

Table 44. Global Dietary Supplements Sales Market Share by Application (2016-2021)

Table 45. Global Dietary Supplements Revenue (Million US$) by Application (2016-2021)

Table 46. Global Dietary Supplements Revenue Share by Application (2016-2021)

Table 47. Global Dietary Supplements Price (USD/MT) by Application (2016-2021)

Table 48. Pfizer Pharmaceuticals Corporation Information

Table 49. Pfizer Pharmaceuticals Description and Business Overview

Table 50. Pfizer Pharmaceuticals Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 51. Pfizer Pharmaceuticals Dietary Supplements Product

Table 52. Pfizer Pharmaceuticals Recent Developments/Updates

Table 53. Amway Corporation Corporation Information

Table 54. Amway Corporation Description and Business Overview

Table 55. Amway Corporation Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 56. Amway Corporation Dietary Supplements Product

Table 57. Amway Corporation Recent Developments/Updates

Table 58. Abbott Laboratories Corporation Information

Table 59. Abbott Laboratories Description and Business Overview

Table 60. Abbott Laboratories Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 61. Abbott Laboratories Dietary Supplements Product

Table 62. Abbott Laboratories Recent Developments/Updates

Table 63. Herbalife International Corporation Information

Table 64. Herbalife International Description and Business Overview

Table 65. Herbalife International Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 66. Herbalife International Dietary Supplements Product

Table 67. Herbalife International Recent Developments/Updates

Table 68. ADM Corporation Information

Table 69. ADM Description and Business Overview

Table 70. ADM Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 71. ADM Dietary Supplements Product

Table 72. ADM Recent Developments/Updates

Table 73. Nestle Corporation Information

Table 74. Nestle Description and Business Overview

Table 75. Nestle Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 76. Nestle Dietary Supplements Product

Table 77. Nestle Recent Developments/Updates

Table 78. DuPont Corporation Information

Table 79. DuPont Description and Business Overview

Table 80. DuPont Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 81. DuPont Dietary Supplements Product

Table 82. DuPont Recent Developments/Updates

Table 83. GlaxoSmithKline Corporation Information

Table 84. GlaxoSmithKline Description and Business Overview

Table 85. GlaxoSmithKline Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 86. GlaxoSmithKline Dietary Supplements Product

Table 87. GlaxoSmithKline Recent Developments/Updates

Table 88. Carlyle Group Corporation Information

Table 89. Carlyle Group Description and Business Overview

Table 90. Carlyle Group Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 91. Carlyle Group Dietary Supplements Product

Table 92. Carlyle Group Recent Developments/Updates

Table 93. Danone Corporation Information

Table 94. Danone Description and Business Overview

Table 95. Danone Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 96. Danone Dietary Supplements Product

Table 97. Danone Recent Developments/Updates

Table 98. Bayer HealthCare Corporation Information

Table 99. Bayer HealthCare Description and Business Overview

Table 100. Bayer HealthCare Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 101. Bayer HealthCare Dietary Supplements Product

Table 102. Bayer HealthCare Recent Developments/Updates

Table 103. BASF Corporation Information

Table 104. BASF Description and Business Overview

Table 105. BASF Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 106. BASF Dietary Supplements Product

Table 107. BASF Recent Developments/Updates

Table 108. Glanbia Corporation Information

Table 109. Glanbia Description and Business Overview

Table 110. Glanbia Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 111. Glanbia Dietary Supplements Product

Table 112. Glanbia Recent Developments/Updates

Table 113. Yakult Corporation Information

Table 114. Yakult Description and Business Overview

Table 115. Yakult Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 116. Yakult Dietary Supplements Product

Table 117. Yakult Recent Developments/Updates

Table 118. DSM Corporation Information

Table 119. DSM Description and Business Overview

Table 120. DSM Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 121. DSM Dietary Supplements Product

Table 122. DSM Recent Developments/Updates

Table 123. The Himalaya Drug Company Corporation Information

Table 124. The Himalaya Drug Company Description and Business Overview

Table 125. The Himalaya Drug Company Dietary Supplements Sales (MT), Revenue (Million US$), Price (USD/MT) and Gross Margin (2016-2021)

Table 126. The Himalaya Drug Company Dietary Supplements Product

Table 127. The Himalaya Drug Company Recent Developments/Updates

Table 128. Production Base and Market Concentration Rate of Raw Material

Table 129. Key Suppliers of Raw Materials

Table 130. Dietary Supplements Distributors List

Table 131. Dietary Supplements Customers List

Table 132. Dietary Supplements Market Trends

Table 133. Dietary Supplements Growth Drivers

Table 134. Dietary Supplements Market Challenges

Table 135. Dietary Supplements Market Restraints

Table 136. Global Dietary Supplements Sales Forecast by Type (2022-2027) & (MT)

Table 137. Global Dietary Supplements Sales Market Share Forecast by Type (2022-2027)

Table 138. Global Dietary Supplements Revenue Forecast by Type (2022-2027) & (US$ Million)

Table 139. Global Dietary Supplements Revenue Market Share Forecast by Type (2022-2027)

Table 140. Global Dietary Supplements Sales Forecast by Application (2022-2027) & (MT)

Table 141. Global Dietary Supplements Sales Market Share Forecast by Application (2022-2027)

Table 142. Global Dietary Supplements Revenue Forecast by Application (2022-2027) & (US$ Million)

Table 143. Global Dietary Supplements Revenue Market Share Forecast by Application (2022-2027)

Table 144. Global Dietary Supplements Sales Forecast by Region (2022-2027) & (MT)

Table 145. Global Dietary Supplements Sales Market Share Forecast by Region (2022-2027)

Table 146. Global Dietary Supplements Revenue Forecast by Region (2022-2027) & (US$ Million)

Table 147. Global Dietary Supplements Revenue Market Share Forecast by Region (2022-2027)

Table 148. Research Programs/Design for This Report

Table 149. Key Data Information from Secondary Sources

Table 150. Key Data Information from Primary Sources

List of Figures

Figure 1. Product Picture of Dietary Supplements

Figure 2. Global Dietary Supplements Market Share by Type in 2020 & 2027

Figure 3. Botanicals Product Picture

Figure 4. Vitamins Product Picture

Figure 5. Minerals Product Picture

Figure 6. Amino Acids Product Picture

Figure 7. Probiotic Product Picture

Figure 8. Other Product Picture

Figure 9. Global Dietary Supplements Market Share by Application in 2020 & 2027

Figure 10. Food & Beverages

Figure 11. Health Care Products

Figure 12. Other

Figure 13. Global Dietary Supplements Revenue, (US$ Million), 2016 VS 2021 VS 2027

Figure 14. Global Dietary Supplements Market Size 2016-2027 (US$ Million)

Figure 15. Global Dietary Supplements Sales 2016-2027 (MT)

Figure 16. Global Dietary Supplements Market Size Market Share by Region: 2016 VS 20210 VS 2027

Figure 17. Dietary Supplements Sales Share by Manufacturers in 2020

Figure 18. Global Dietary Supplements Revenue Share by Manufacturers in 2020

Figure 19. The Global 5 and 10 Largest Dietary Supplements Players: Market Share by Revenue in 2020

Figure 20. Dietary Supplements Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2021

Figure 21. Global Dietary Supplements Sales Market Share by Region (2016-2021)

Figure 22. Global Dietary Supplements Sales Market Share by Region in 2020

Figure 23. Global Dietary Supplements Revenue Market Share by Region (2016-2021)

Figure 24. Global Dietary Supplements Revenue Market Share by Region in 2020

Figure 25. U.S. Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 26. Canada Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 27. Germany Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 28. France Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 29. U.K. Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 30. Italy Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 31. Russia Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 32. China Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 33. Japan Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 34. South Korea Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 35. India Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 36. Australia Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 37. China Taiwan Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 38. Indonesia Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 39. Thailand Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 40. Malaysia Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 41. Mexico Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 42. Brazil Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 43. Argentina Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 44. Turkey Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 45. Saudi Arabia Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 46. UAE Dietary Supplements Revenue Growth Rate (2016-2021) (US$ Million)

Figure 47. Sales Market Share of Dietary Supplements by Type (2016-2021)

Figure 48. Sales Market Share of Dietary Supplements by Application (2016-2021)

Figure 49. Sales Market Share of Dietary Supplements by Application in 2020

Figure 50. Revenue Share of Dietary Supplements by Application (2016-2021)

Figure 51. Revenue Share of Dietary Supplements by Application in 2020

Figure 52. Manufacturing Cost Structure of Dietary Supplements

Figure 53. Manufacturing Process Analysis of Dietary Supplements

Figure 54. Dietary Supplements Industrial Chain Analysis

Figure 55. Channels of Distribution

Figure 56. Distributors Profiles

Figure 57. Bottom-up and Top-down Approaches for This Report

Figure 58. Data Triangulation

Figure 59. Key Executives Interviewed