Dietary Supplements Market

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Dietary Supplements Market To Reach USD 216.3
Billion By 2026
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Market Summary
According to the current analysis of Reports and
Data, the global dietary supplements market was
valued at USD 140.1 Billion in 2018 and is
expected to reach USD 216.3 Billion by year 2026,
at a CAGR of 5.5. Dietary supplements are
products intended to supplement the diet that
contains one or more of the following dietary
ingredients vitamins, minerals, protein amino
acids, herbs or other botanical ingredients.
Nutrition supplements can be taken in various
forms such as in the form of pills, capsules,
tablets, powder or in the form of liquids. The
growth exhibited by the global dietary
supplements market is a result of various factors
such as the developing economies and subsequently
increasing income of consumers, rising awareness
about nutrition, hectic lifestyle, increasing
geriatric population, and spread of chronic
ailments. The wide adoption of e- commerce and
m-commerce platforms are expected to be crucial
factors that will spur a shift in positive
direction for this industry. Due to the nature of
dietary supplements, the industry has already
seen greater adoption of e-commerce purchases
than other consumer goods industries, with global
sales of vitamins and dietary supplements via
internet retailing reaching 14 in 2016 compared
to 9 for consumer health as a whole and just 2
for packaged food.
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Further key findings from the report suggest

• In the North American region, tablets are the
  most popular method for supplement ingestion,
  commanding around USD 13.30 billion in revenue in
  2018. This is due to the fact that convenience is
  greater, and in some cases, costs are lower as
  compared to other types of formulations
• An emerging trend in the industry in the case of
  botanical ingredients is to identify the
  different phytochemical families, each one of
  them, responsible in part for the activity of the
  plant and extract them together, thus obtaining a
  phytochemical profile closer to that of the plant
  and radically different to that of conventional
  market extracts. This is enabling many companies
  to develop potent products which will help
  consumers gain health benefits from organic
  sources
• Asia-Pacific is expected to be the largest market
  for dietary supplements in 2026, accounting for a
  significant share of the global market, followed
  by North America and Europe. The market in Europe
  and North America will continue to be very
  profitable due to the lack of price pressure
  which is common in the Asia-Pacific region
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Market Summary

• Key participants in the Dietary Supplement market
  include Abbott Laboratories, GlaxoSmithKline,
  Archer Daniel Midland, Dupont, Amway, Bayer,
  Glanbia Nutritionals, Herbalife International,
  Pfizer, DuPont and Reckitt Benckiser Group
• For the purpose of this report, Reports and Data
  has segmented the dietary supplements market on
  the basis of ingredient, product, application,
  distribution channel, and region
• Ingredient (Revenue, USD Million 20162026)
• Botanicals
• Vitamins
• Minerals
• Protein Amino acids
• Enzymes
• Others
• Application (Revenue, USD Million 20162026)
• Additional Supplements
• Medicinal Supplements
• Sports Supplements

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Market Summary

• Product (Revenue, USD Million 20162026)
• Tablets
• Capsules
• Powder
• Liquid
• Soft gels
• Gel caps
• Distribution channel (Revenue, USD Million
  20162026)
• Hospital Pharmacies Drug Stores
• Clinic Supermarkets Hypermarkets
• Online
• Others
• Regional Outlook (Revenue in USD Million
  20162026)
• North America
• Europe
• Asia Pacific
• Middle East Africa
• Latin America

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