Global Liquid Dietary Supplements Market Overview
Liquid Dietary Supplements Market Size was valued at USD 35,081.7 million in 2022. The Liquid Dietary Supplements market industry is projected to grow from 2023 to USD 76,520.0 million by 2030, exhibiting a compound annual growth rate (CAGR) of 10.16% during the forecast period (2023 - 2030). The key factors driving the growth of the Liquid Dietary Supplements market include an increase in the number of health-conscious population reflecting the industry's commitment to meeting evolving consumer preferences. The Liquid Dietary Supplements Market is expected to continue its expansion, driven by the increasing number of geriatric populations, and rise in online sales.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Liquid Dietary Supplements Market Trends
The global market for liquid dietary supplements is poised for remarkable growth in the long term, fuelled by a burgeoning population prioritizing their health and well-being. As individuals become increasingly aware of the crucial role nutrition plays in their health, the demand for convenient and effective methods of supplementation is soaring. This shift in consumer behaviour presents a significant opportunity for the liquid dietary supplements market, which offers a readily absorbed and readily consumed alternative to traditional pill-based supplements. A confluence of factors is driving this global surge in health consciousness. Rising disposable incomes, coupled with growing access to information, has empowered individuals to take charge of their health. This newfound knowledge has led to a heightened awareness of the importance of preventative healthcare and proactive measures to maintain optimal health. Additionally, the increasing prevalence of chronic diseases such as diabetes, obesity, and cardiovascular disease has further spurred the adoption of preventative measures, including dietary supplementation. The convenience and ease of use offered by liquid dietary supplements play a crucial role in their growing popularity. Unlike traditional pills, which can be challenging to swallow and may not be absorbed effectively, liquid supplements are readily absorbed by the body, making them a particularly appealing option for individuals with digestive issues or who simply prefer a more convenient method of supplementation. Furthermore, the growing popularity of personalized nutrition further fuels the demand for liquid supplements. As consumers become increasingly aware of their individual needs and preferences, they are seeking customized solutions, including personalized blends of liquid supplements tailored to their specific health goals and dietary requirements.
Liquid Dietary Supplements Ingredients Insights
The Liquid Dietary Supplements Market segmentation, based on Ingredients, includes vitamins, minerals, protein and amino acids, and other ingredients. The Other Ingredients segment accounted for the largest market share of 39.21% in 2023 and is likely to register a CAGR of 10.27% during the projected period. Liquid dietary supplements are formulated with a diverse array of ingredients extending beyond the essential vitamins, minerals, proteins, and amino acids to deliver a holistic approach to nutrition and health. Among these additional components, flavorings play a pivotal role in enhancing the overall taste experience, with popular choices encompassing fruity, berry, citrus, vanilla, and chocolate flavors. Sweeteners, whether natural options like stevia and monk fruit or artificial ones such as sucralose or aspartame, are frequently incorporated to improve palatability.
Liquid Dietary Supplements Market Segment Insights:
Figure 1: Liquid Dietary Supplements Market, by Ingredients, 2022 & 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Liquid Dietary Supplements Application Insights
The Liquid Dietary Supplements Market segmentation, based on application, includes bone disorders, cardiac health, gastrointestinal health, sports nutrition, weight management, and other applications. The weight management segment accounted for the largest market share of 29.04% in 2023. The global market for liquid dietary supplements focusing on weight management is witnessing significant growth, propelled by a rising demand from consumers seeking convenient and effective solutions for weight control, particularly in regions experiencing increasing obesity rates. Contributing to this growth are several factors, including heightened awareness about the health risks associated with obesity, such as heart disease, diabetes, and certain cancers. As individuals globally become more conscious of these risks, the demand for weight management solutions, including liquid dietary supplements, is on the rise.
Figure 2: Liquid Dietary Supplements Market, by Application, 2022 & 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Liquid Dietary Supplements Distribution Channel Insights
The Liquid Dietary Supplements Market segmentation, based on Distribution Channel, includes online, and offline. The online segment held the majority market share of 69.28% in 2023 with respect to the Liquid Dietary Supplements Market revenue. The online distribution channel has exhibited remarkable growth, underlining the escalating consumer preference for digital platforms. Commencing at USD 17,769.0 million in 2019, the market steadily expanded to USD 26,930.6 million in 2023 and is anticipated to surge to USD 53,033.2 million by 2030, reflecting a robust Compound Annual Growth Rate (CAGR) of 10.16% from 2023 to 2030. This surge is indicative of the convenience, accessibility, and diverse product offerings provided by e-commerce platforms, suggesting a sustained reliance on online channels for the purchase of liquid dietary supplements.
Figure 3: Liquid Dietary Supplements Market, by Distribution Channel, 2022 & 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Liquid Dietary Supplements Regional Insights
By Region, the study segments the market into North America, Europe, Asia Pacific, and Rest of the world. North America Liquid Dietary Supplements market accounts for the largest market share 39.60% in 2023 and is expected to exhibit a 9.79% CAGR. In 2019, the North American market for liquid dietary supplements stood at USD 10,291.6 million, growing steadily to reach USD 15,392.7 million in 2023. The projected market size for 2030 is USD 29,605.6 million, reflecting a Compound Annual Growth Rate (CAGR) of 9.79% from 2023 to 2030. The region's consistent growth can be attributed to factors such as a well-established health and wellness culture, high disposable income, and a proactive approach to preventive healthcare. The market is further stimulated by the increasing adoption of liquid supplements as a convenient and effective way to support diverse health needs. Europe's liquid dietary supplements market started at USD 6,002.6 million in 2019 and is expected to reach USD 8,955.8 million in 2023, with a projected market size of USD 17,148.1 million by 2030. The CAGR from 2023 to 2030 is 9.72%. The region's growth is fueled by a rising awareness of health and wellness, an aging population, and an increasing preference for liquid supplement formulations. European consumers are drawn to the convenience and effectiveness of liquid supplements, contributing to the market's positive trajectory. The Asia-Pacific region has experienced substantial growth in the liquid dietary supplements market. Starting at USD 7,362.1 million in 2019, it reached USD 11,466.8 million in 2023, with a projected market size of USD 23,644.7 million by 2030. The CAGR from 2023 to 2030 is 10.89%, signifying rapid expansion. The Asia-Pacific market is driven by factors such as a growing middle class, increasing health consciousness, and rising disposable incomes. The region's diverse population and cultural shifts toward preventive healthcare contribute to the robust demand for liquid dietary supplements. The Rest of the World region, representing areas outside North America, Europe, and Asia-Pacific, started at USD 1,995.7 million in 2019. By 2023, it grew to USD 3,055.2 million, with a projected market size of USD 6,121.6 million by 2030, indicating a CAGR of 10.44% from 2023 to 2030. The growth is influenced by factors such as improving healthcare infrastructure, rising consumer awareness, and the adoption of liquid supplements as part of evolving lifestyle trends.
Further, the major countries studied are: The U.S, Canada, Germany, France, Italy, UK, Italy, Spain, China, Japan, India, Australia, South Korea, Africa.
Figure 4: Liquid Dietary Supplements Market, by region, 2022 & 2030 (USD Million)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Liquid Dietary Supplements Key Market Players & Competitive Insights
The liquid dietary supplements market is expected to grow significantly in the coming years, driven by factors such as increasing health consciousness, rising prevalence of chronic diseases, and growing demand for convenient and effective nutritional supplements. The market is also expected to benefit from the increasing popularity of liquid dietary supplements among children and the elderly.
Key Companies in the Liquid Dietary Supplements market include
Liquid Dietary Supplements Industry Developments
Key Development is not available.
Liquid Dietary Supplements Market Segmentation
Liquid Dietary Supplements Ingredients Outlook
Liquid Dietary Supplements Application Outlook
Liquid Dietary Supplements Distribution Channel Outlook
Liquid Dietary Supplements Regional Outlook
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 35,081.7 million |
| Market Size 2030 | USD 76,520.0 million |
| Compound Annual Growth Rate (CAGR) | 10.16% (2023-2030) |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Ingredients, Application, Distribution Channel, Region |
| Geographies Covered | North America, Europe, Asia Pacific, Rest of world. |
| Countries Covered | The U.S, Canada, Germany, France, Italy, UK, Italy, Spain, China, Japan, India, Australia, South Korea. |
| Key Companies Profiled | Abbott Laboratories Inc. (US), Nestle Health Science (Switzerland), Unilever (Switzerland), Herbalife International of America, Inc. (US), DSM Nutritional Products AG (Netherlands), Glanbia plc (Ireland), Liquid Health Inc. (US), Amway Corporation (US), BASF SE (Ireland) among others. |
| Key Market Opportunities | · Targeting niche markets |
| Key Market Dynamics | · Increase in the number of health-conscious population. · Growing Geriatric population · Rise in online · High cost · Regulatory constraints · Limited shelf life. |
Frequently Asked Questions (FAQ) :
The Liquid Dietary Supplements market accounted for USD 35,081.7 million.
Increase in the number of health-conscious population, growing Geriatric population, and rise in online, are the key driving factor for the Liquid Dietary Supplements market.
The growth rate of the Liquid Dietary Supplements market is 10.16% CAGR.
North America held the largest market share in the Liquid Dietary Supplements market.
Abbott Laboratories Inc. (US), Nestle Health Science (Switzerland), Unilever (Switzerland), Herbalife International of America, Inc. (US), DSM Nutritional Products AG (Netherlands), Glanbia plc (Ireland), Liquid Health Inc. (US), Amway Corporation (US), BASF SE (Ireland) among others, are the key players in the Liquid Dietary Supplements market.
Weight management application segment led the Liquid Dietary Supplements market.
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