Nutritional Supplements

Nutritional Supplements Market Size To Touch $ 624.7 Billion By 2030 The global nutritional supplements market size was valued at US$ 314.6 billion in 2020.

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As per the experts, the nutritional supplements market is predicted to record a growth rate of 7.1% from 2021-2030 and is projected to reach US$ 624.7 billion by 2030.

The study provides the overall revenue of the global nutritional supplements market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global nutritional supplements market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the nutritional supplements industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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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.

Report Scope of the Nutritional Supplements Market

Report Coverage Details
Market Size in 2020 US$ 314.6 Billion
Growth Rate From 2021 to 2030 CAGR of 7.1%
Largest Market Asia Pacific
Segments Covered Form, Product, Age Group, Distribution Channel, Region
Regional Scope North America, Europe, APAC, Rest of the World

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.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global nutritional supplements market are as follows:

  • 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.

Segments Covered in the Report

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

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the nutritional supplements market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

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.

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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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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