Health consciousness and veganism to help the dietary supplements market register a CAGR of 8.12% from 2022 to 2030

Oct 2022 /MRFR Press Release/- Market Research Future published a Raw Research “Global Dietary Supplements Market Research Report - Forecast to 2030”- Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2030

The global dietary supplements market is expected to project a CAGR of 8.12% from 2022 to 2030. The market is expected to reach USD 325.4 billion by the year 2030. The dietary supplements market was valued at 203.6 billion in the year 2023.

The market growth of the dietary supplements market is rising because of the positive lifestyle change in people. Consumers are more conscious of their health and diet and adopt vegetarianism or veganism. Due to limited nutrients in plant-based diets, dietary supplements are necessary to fulfill the human body’s need o proteins and essential amino acids.

Another reason for the growth of this market is the advertisements, and the marketing strategies manufacturing companies adopt. These companies majorly work on network marketing, franchise model, and word of mouth. Hence, the dietary supplement market is rapidly growing.

North America, Asia-Pacific, Europe, and the rest of the world are critical in the dietary supplements market. North America will have the highest market share in the forecast period due to the pervasiveness of heart diseases, obesity, diabetes, and other chronic diseases. The rise in population and time-bound lifestyle is another reason for the market growth in this region.

Due to an increase in health conditions, the market in the Asia-Pacific region is anticipated to develop at the highest CAGR of 10.3% over the forecast period. The demand for supplements is rising in populous countries like China and India. Europe is projected to display a median growth because Europeans have already adapted to a healthy and stress-free lifestyle.

Market Segmentation

The global dietary supplements market is segmented by type, form, and distribution channel.

By type

• Vitamins


• Minerals


• Amino Acids & proteins


• Probiotics


• Blends

By form

• Tablets


• Capsules & soft gels


• Powders


• Gummies


• By distribution channels


• Store based


• Non-store based

Based on the type, vitamins are most consumed globally and hold the highest market share in the dietary supplements industry. To meet the daily requirement of minerals, especially for pregnant women and adults, minerals are seeing a rise in demand.

Regarding the dietary supplement market analysis, the protein supplement is estimated to rise exponentially with the popularity of bodybuilding and maintaining a lean body mass.

The tablet form of supplements holds the highest market share as it is affordable, has better packaging, and has a higher shelf life. The rising need for protein supplements will likely boost the powder form of accessories in the forecast period.

Key players

The key players in the dietary supplements market are:

• Herbalife Nutrition Ltd.


• GlaxoSmithKline plc


• Otsuka Holdings Co. Ltd


• Abbott Laboratories


• Amway Corp


• Bayer AG


• The Nature's Bounty Co.


• Glanbia plc


• Nature's Way Products