Health Supplements Market, By Type (Dietary Supplements, Body Building Supplements, Eye Health Supplements, Specialty Supplements, and Others), By Ingredients (Vitamins & Minerals, Amino Acids, Botanicals, Enzymes, and Others), By Application (Cardiology, Rheumatic Disorders, Allergy, and Others), By End-user (Adults, Geriatric, Pregnant Women, Children, and Infants), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Report Code: PMI440320 | Publish Date: June 2022 | No. of Pages: 168

Global Health Supplements Market Overview

The health supplement is a product that contains health ingredient such as vitamins, amino acids, minerals, botanicals, enzymes, and many other products in the form of capsules, tablets, soft gels, liquids, gelcaps, or powders for implementing further nutritional value to the body. Today majority of the adults across the globe consume health supplements to improve their health. The global health supplements market is accounted to register a CAGR of 7.80% by 2029.

Impact of COVID-19 on the market

The demand for nutraceuticals & functional foods is projected to register an upward growth due to the consumers opting for immunity boosting supplements during the COVID-19 crisis. Moreover, a decline in the consumption of poultry, seafood, and meat products around the world is projected to surge the demand for plant and animal-based protein supplements in the coming years. This report will quantify the impact of this pandemic on the health supplements market.

Global Health Supplements Market Dynamics

 

Health supplements are used to reduce the risk of diseases. However, it cannot be considered as an alternative to a complete meal, which is essential for a healthy diet. Health supplements also help in the treatment of cardiology, rheumatic disorders, and allergy. Therefore, a wide range of applications propels the growth of global health supplements market. Moreover, growing concern towards improving the quality of health is driving the growth of health supplements market worldwide. According to the data published by the Council for Responsible Nutrition, in 2015, nearby 68% of Americans take dietary supplements and 84% of Americans are confident about the quality, safety, and effectiveness of the supplements.

Furthermore, increasing urbanization, rising awareness about the functional benefits of health supplements, and changing lifestyles are factors influencing the market growth of health supplements. Additionally, rising concerns about the maintenance of health to avoid later treatment, treating illnesses, ensuring adherence to recommended dietary requirements, developing pharmaceutical and retail industries, and rapid advancements in product offerings also influence growth of the target market.

However, Lack of awareness about the dosage of the supplements to be consumed is projected to hamper the growth of the health supplements market over the forecast period. Moreover, negative publicity and false commitment are some of the factors, which may restrain market growth.

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Global Health Supplements Market Segmentation

The global health supplements market is segmented based on the type, ingredients, application, end-user, and region.

On the basis of the type, the global health supplements market is segmented into dietary supplements, bodybuilding supplements, eye health supplements, speciality supplements, and others. Based on the ingredients, the target market is segmented into vitamins & minerals, amino acids, botanicals, enzymes, and others. Based on the application, the target market is classified into cardiology, rheumatic disorders, allergy, and others. Based on the end-user, the target market is classified into adults, geriatric, pregnant women, children, and infants.

In the region, the global health supplements market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America leads the global health supplements market due to availability of major market players in this region, which are launching quality products for capturing the largest market share. Also, the government support for research & development and presence of funds for research is fueling the health supplements market. For instance, the U.S. and Canada countries are growing their investments in the healthcare domain. Europe accounts the second position in the global health supplements market due to the increasing awareness about the benefits of health supplements, presence of advanced products, high healthcare spending, and rising government support for research & development. Likewise, the concentration of major companies and increased R&D activities in this region have driven the growth of this market. The Asia Pacific is the fastest expanding health supplements market due to the huge patient population, availability of rapidly developing healthcare technology, and high healthcare expenditure. On the other hand, in the Middle East and Africa, the market has a slow growth due to the lack of healthcare awareness and available funds.

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Attribute

Details

The base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Type - Dietary Supplements, Body Building Supplements, Eye Health Supplements, Specialty Supplements, and Others

By Ingredients - Vitamins & Minerals, Amino Acids, Botanicals, Enzymes, and Others

By Application - Cardiology, Rheumatic Disorders, Allergy, and Others

By End-user - Adults, Geriatric, Pregnant Women, Children, and Infants

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 2020 to 2029.  For the purpose of this study, has segmented the global health supplements market report based on type, ingredients, application, end-user, and region.

 

 

Global Health 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 Health Supplements Market Key Players

The key players operating in the global health supplements market include Herblife International, BASF SE, The Nature's Bounty Co., Bayer AG, E. I. du Pont de Nemours and Company, Amway, Glanbia plc, Abbott Laboratories, Alticor, Inc., and GlaxoSmithKline Limited. Mergers and acquisitions, strategic divestments, and new product launches are the key strategies implemented by the manufacturers to enlarge their customer base. For instance, in June 2018, BASF and Xerion have entered into a three-year agreement to take personalized nutrition to the next level in Asia Pacific. In this collaboration, BASF’s human nutrition brand, Newtrition, will have the exclusive distribution rights to market PUFAcoatTM Omega-3 Index test kits, Xerion’s proprietary dried blood spot technology.

 

 

 

Global Health Supplements Market Company Profile

  • Herblife International
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • BASF SE
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • The Nature's Bounty Co.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • Bayer AG
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • E. I. du Pont de Nemours and Company
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • Amway
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • Glanbia plc
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • Abbott Laboratories
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • Alticor, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • GlaxoSmithKline Limited
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance

Global Health Supplements Market 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 Ingredients 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 Health Supplements Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Ingredients
      • Market Snippet, By Application
      • Market Snippet, By End-user
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Health Supplements Market, By Type, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Dietary Supplements
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Body Building Supplements
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Eye Health Supplements
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Specialty Supplements
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  6. Global Health Supplements Market, By Ingredients, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Vitamins & Minerals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Amino Acids
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Botanicals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Enzymes
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  7. Global Health Supplements Market, By Application, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Cardiology
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Rheumatic Disorders
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Allergy
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  8. Global Health Supplements Market, By End-user, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Adults
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Geriatric
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Pregnant Women
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Children
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Infants
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  9. Global Health Supplements Market, By Region, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Ingredients, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Ingredients, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Ingredients, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Ingredients, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2020 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Ingredients, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By End-user, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
      • Herblife International
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • BASF SE
      • The Nature's Bounty Co.
      • Bayer AG
      • E. I. du Pont de Nemours and Company
      • Amway
      • Glanbia plc
      • Abbott Laboratories
      • Alticor, Inc.
      • GlaxoSmithKline Limited
  12. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The global health supplements market is segmented based on type, ingredients, application, end-user, and region.

Growing concern towards improving the quality of health is driving the growth of health supplements market worldwide.

North America leads the global health supplements market due to availability of major market players in this region, which are launching quality products for capturing the largest market share.

Mergers and acquisitions, strategic divestments, and new product launches are the key strategies implemented by the manufacturers to enlarge their customer base.