Food Supplements Market, By Type (Minerals, Vitamins, Prebiotics, Amino Acids, and Proteins), By End-Users (Men, Women, Children, and Senior Citizen), By Form (Pills, Tablet, Capsules, Powder, Liquid, and Soft gels), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI34219 | Publish Date: March 2024 | No. of Pages: 170

Global Food Supplements Market By Overview

Introduction

Food Supplements Market was valued at US$ 193.7 Billion in 2024 and is projected to grow at a CAGR of 7.80% to reach US$ 382.4 Billion by 2034.

Food Supplements Market also known as the dietary supplements market, is a rapidly growing segment of the global health and wellness industry. Food supplements are products intended to supplement the diet and provide essential nutrients that may be missing or insufficient in a person's regular diet. These supplements can include vitamins, minerals, herbs, botanicals, amino acids, enzymes, and various other substances.

The demand for food supplements is projected to increase as individuals become more concerned with their health and proactive about it. Consumers are looking for solutions to improve their quality of life, prevent disease, and support their general health, which may help Food Supplements Market continue to grow.  

Global Food Supplements Market By Dynamics

Increasing Health Awareness

The market for food supplements has grown significantly as a result of rising health consciousness. Customers are actively looking for solutions that can meet their nutritional demands as they become more aware of how important it is to preserve their health and wellbeing. Health-conscious consumers are proactively seeking ways to prevent illnesses and maintain optimal health. They view food supplements as a preventive measure to bridge nutritional gaps and support their overall well-being.

For instance, in September 2022, Tata Consumer Products entered the health supplements segment and launched a plant-based protein powder “Tata GoFit”. The most recent launch is consistent with TCP's priorities, which are to accelerate innovation, strengthen its wellness portfolio, and increase its total addressable market. Consumers are increasingly choosing products that reflect their increased attention to their nutrition and fitness.

Aging Population

The aging population has had a substantial impact on the food supplements market. As people age, their nutritional needs change, and they may require additional nutrients to support overall health, prevent age-related health issues, and enhance their quality of life. Bone fractures and osteoporosis become more likely as we age. It is usual practice to take calcium and vitamin D supplements to promote bone health and lower the risk of fractures.

For instance, in May 2023, the dual-action supplement was introduced by the Japanese company DyDo Drinco, which believes it helps improve sleep quality and reduce eye tiredness. DyDo Drinco plans to further explore the health food market aimed at the elderly population. A food with function claims (FFCs) product, Clear Eye & Sleep is a part of DyDo DRINCO's "Healthcare series".

Restrains:

Different countries have varying regulations regarding the classification, safety, labeling, and marketing of food supplements. Navigating these diverse regulatory landscapes can be complex for manufacturers and distributors operating in multiple markets. Regulatory authorities often require scientific evidence of the safety and efficacy of food supplements. Meeting these requirements can be costly and time-consuming, particularly for smaller businesses.  

Global Food Supplements Market By Segmentation

Food Supplements Market- Segmentation

Food Supplements Market is segmented based on Type, End-Users, Form and Region.

Type Insight

On the basis of Type, Food Supplements Market is segmented into Minerals, Vitamins, Prebiotics, Amino Acids, and Proteins. Proteins type is expected to dominate the target market growth as Proteins are a significant and widely used category of ingredients in the food supplements market. They play a crucial role in supporting muscle growth, repair, and overall health. Protein supplements are especially popular among athletes, fitness enthusiasts, and individuals seeking to meet their protein requirements conveniently.

End-Users Insights

On the basis of End-Users, Food Supplements Market is segmented into Men, Women, Children, and Senior Citizen. Senior Citizen are expected to dominate the target market growth as senior citizens have unique nutritional needs related to aging, including bone health, joint support, and cognitive function. Supplements containing calcium, vitamin D, omega-3 fatty acids, antioxidants, and specific amino acids may cater to the needs of seniors.

Form Insights

On the basis of Form, Food Supplements Market is segmented into Pills, Tablet, Capsules, Powder, Liquid, and Softgels. Powder and Liquid is expected to dominate target market growth as powdered supplements can be mixed with liquids or added to foods, offering flexibility in consumption whereas liquid supplements are often pre-dosed and come in bottles or vials.

Regional Insights:

On the basis of region the Food Supplements Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific region is expected to witness significant revenue growth in the Food Supplements market in the coming years. The Asia-Pacific region has a large and growing population with increasing disposable incomes and a growing awareness of health and wellness. Rising urbanization and lifestyle changes have led to increased demand for dietary supplements. Countries like China, India, and Japan are expected to be significant contributors to market growth.

North America has a well-established supplements market, driven by a health-conscious population, an aging demographic, and interest in preventive healthcare. The demand for supplements targeting specific health concerns, such as immune support and cognitive health, is on the rise.

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Minerals, Vitamins, Prebiotics, Amino Acids, and Proteins

By End-Users - Men, Women, Children, and Senior Citizen

By Form - Pills, Tablet, Capsules, Powder, Liquid, and Softgels

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Food Supplements Market report based on Type, End-Users, Form and Region:

Food Supplements Market, By Type:

  • Minerals
  • Vitamins
  • Prebiotics
  • Amino Acids
  • Proteins

Food Supplements Market, By End-Users:

  • Men
  • Women
  • Children
  • Senior Citizen

Food Supplements Market, By Form:

  • Pills
  • Tablet
  • Capsules
  • Powder
  • Liquid
  • Softgels

Food Supplements Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Food Supplements Market By Key Players

The key players operating the Food Supplements Market includes, Nature's Products, Inc., Koninklijke DSM N.V., Direct Digital LLC, Bactolac Pharmaceutical, Inc., Superior Supplements, Inc, Balchem Corporation, Barrington Chemical Corporation, Lallemand Bio-Ingredients, Inc., Next Pharmaceuticals Inc, and Herbalife Nutrition Ltd.

Global Food Supplements Market By Company Profile

  • Nature's Products, Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke DSM N.V.
  • Direct Digital LLC
  • Bactolac Pharmaceutical, Inc.
  • Superior Supplements, Inc.
  • Balchem Corporation
  • Barrington Chemical Corporation
  • Lallemand Bio-Ingredients, Inc.
  • Next Pharmaceuticals Inc.
  • Herbalife Nutrition Ltd.

“*” marked represents similar segmentation in other categories in the respective section

Recent Development:

  • In November 2022, Jollywell, a premium online nutraceutical brand known for its life-enhancing nutrition supplements, launched a new range of clean plant-based supplements that help people stay healthy for longer. The supplements are pure, plant-based, non-GMO, and scientifically created with nature's best super foods, making them safer for the body.
  • In February 2023, Comple.med launched first food supplement and phototherapeutics in Europe featuring IMMUSE. Lactoflor Immuno 200 is the first IMMUSE-enabled product to be launched in Europe. IMMUSE 50mg, Lactoferin 200mg, and Vitamin D3 25mcg are included in the formulation. Comple.med went through a thorough process before adding IMMUSE into Lactoflor Immuno 200 to assure the highest standards and quality profiles commensurate with the company's goal of excellence.

Global Food Supplements Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By End-Users
      • Market Snippet, By Form
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Food Supplements Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Minerals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Vitamins
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Prebiotics
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Amino Acids
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Proteins
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Food Supplements   Market, By End-Users, Forecast Period up to 10 Years, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Men
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Women
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Children
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Senior Citizen
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  2. Food Supplements   Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Ajinomoto Co., Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ariake Japan Co., Ltd.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Döhler Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • DS Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mccormick & Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Everest Spices
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Associated British Foods PLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • MTR Foods Private Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Olam International
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sensient Technologies
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The Food Supplements Market is segmented into Type, End-Users, Form and Region.

Food Supplements Market is driven by factors like increasing health awareness and aging population.

By region, the Food Supplements market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Food Supplements Market includes, Nature's Products, Inc., Koninklijke DSM N.V., Direct Digital LLC, Bactolac Pharmaceutical, Inc., Superior Supplements, Inc, Balchem Corporation, Barrington Chemical Corporation, Lallemand Bio-Ingredients, Inc., Next Pharmaceuticals Inc, and Herbalife Nutrition Ltd.