Dietary Supplement Market
Dietary Supplement Market Size and Growth
The global dietary supplement market was valued at approximately USD 140.3 billion in 2023. It is projected to grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2030. By 2030, the market is expected to reach around USD 246.3 billion.
Companies Covered : (Covid-19 Impact Covered)
o Pfizer
o Amway
o Suntory
o Glanbia
o GSK
o Abbott
o Herbalife
o Reckitt Benckiser
o Bayer
o Blackmores
o Otsuka
o GNC
o Sanofi
o Merck
o Nature’s Bounty
o Miki
The global dietary supplement market has seen significant growth, with major players like Amway, Herbalife Nutrition, Glanbia, Abbott Laboratories, and Nestle dominating the industry. These companies have adapted to the changing consumer behavior during the COVID-19 pandemic, as demand for immune-boosting supplements surged. The pandemic heightened health awareness, leading to increased sales of vitamins, minerals, and herbal products. Despite disruptions in supply chains, many of these companies expanded their online presence to meet consumer demand.
Dietary Supplement Market Segmentation
By Application
Adult
Infant
Children
Pregnant Women
Elderly By Product
Dietary Supplement Market Growth 20242030
$ X Billion USD
