Dietary Supplements Market Share, Segments, Trends, Growth, and Geography- Analysis, and Forecast 2023-2027
The dietary supplements market size is estimated to reach USD 61.4 billion, progressing at a CAGR of 8.16% by 2027. The increasing adoption of healthy eating habits is a key factor driving the dietary supplements market growth.
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Browse Technavio's 172-page report and in-depth TOC on "Dietary Supplements Market by product (vitamins, combination, fatty acids, probiotics, and others), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa).
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The dietary supplements market structure is fragmented in nature and the vendors are deploying growth strategies such as acquisitions, product launches, and others to promote their businesses in the global market. Some of the major dietary supplements market vendors are:
Based on geography, the dietary supplements market is segmented across APAC, North America, Europe, South America, and the Middle East and Africa. APAC is projected to contribute 51% of the dietary supplements market size by 2027. The demand for pediatric products and supplements that aid in healthy aging is also gaining momentum due to advancements in prenatal healthcare facilities and old-age homes. These factors will continue to drive the market in the region during the forecast period.
The increasing adoption of healthy eating habits is a key factor driving the dietary supplements market value.
The proliferating demand for personalized supplement solutions is the major dietary supplement market trend that will positively influence market growth.
Consumer distrust stemming from misleading marketing activities is a major challenge to the dietary supplements market size.
Technavio’s research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the dietary supplements market. Download the PDF Sample Report
YOY growth rate of the dietary supplements market.
A diversified analysis of the market’s competitive landscape and detailed information about vendors.
Accurate prediction about upcoming trends and changes in consumer behavior across APAC, North America, Europe, South America, and the Middle East and Africa.
Comprehensive details of factors that will impact the growth of dietary supplement market vendors.
