The global nutrition supplements market is anticipated to grow at a significant CAGR of 8.6% during the forecast period. With the increasing health problems, consumers are now focusing on the nutrition supplements in their diet. Organic, vegan, and natural innovations are aiming to be more transparent and with an ethical mentality. Some brands work on trust through collaborations for example reinvesting a part of their earnings in sustainable initiatives and through vegan, organic and ethical formulas. The younger generation those who are fitness freaks have a higher inclination towards vegan and organic food. The demand for vitamins, minerals, and food supplements that supports immunology that appeared for the first time when the COVID-19 crisis begin in March 2020, keeps beginning an inspiration for innovation in food supplements. Vitamin D was especially popular that was given to the deficiencies prior to the pandemic. Also, the innovations are starting to benefit from the major focus on emotional and mental well-being. For instance, In the UK, more than 20% of young people aged 16 to 44 take supplements to improve their emotional state or to fight stress. The brands can also reach consumers through social media and gaming platforms, providing health and well-being advice.
Impact of COVID-19 Pandemic on Global Nutrition Supplements Market
From the beginning of the pandemic nutrition supplements market has brought a positive change owing to the immunity support provided by the supplements and increased engagement in fitness activities among people around the globe. The leading market players are focusing on developing strategies to revive the market growth in the post-pandemic market. People are eating food that has high nutrition supplement in it. This pandemic has changed the eating habits of people, especially the younger generation people. Due to increased health consciousness among people and the use of nutrition supplements for better immunity during Covid has been increased, which led to market growth.
Segmental Outlooks
The global nutrition supplements market is segmented based on the form, product type, and distribution channel. Based on the form, the market is segmented into powder, tablets, capsules, liquid, soft gels. Based on the product, the market is segmented into sports nutrition, dietary supplements, fat burner, and functional food. Based on the distribution channel the market is segmented into supermarkets, specialty stores, pharmacies, and e-commerce.
Global Nutrition Supplements Market by Form, 2021(%)
The Tablets Segment is Anticipated to Hold a Prominent Share in the Global Nutrition Supplements Market
The increased popularity of multivitamins in the form of tablets as it is easy dosage, low cost, higher convenience and is expected to positively impact the growth of the tablets segment over the forecast period. Doctors also recommend tablets for nutrition supplements, especially for older people. The growing importance of tablets is increased as the pandemic began. Capsule has 15% of the total market share but however, their higher cost compared to tablets is expected to create challenges for the capsule segment over the forecast period.
Regional Outlook
The global nutrition supplements market is further segmented based on geography including North America (the US and Canada), Europe (Italy, Spain, Germany, France, Rest of Europe), Asia Pacific (India, China, Japan, South Korea, Rest of Asia Pacific), and the Rest of the World (Latin America and the Middle East and Africa).
Global Nutrition Supplements Market, by region 2022-2028
The North America Region is Estimated to Hold the Major Share in the Global Nutrition Supplements Market
The North America region is estimated to hold the major share in the market owing to the high prevalence of chronic diseases in countries such as the US. Vitamins and multivitamins are gaining traction as consumers are shifting to dietary supplements for the prevention of chronic diseases. Due to the growing trend, many manufacturers have started redefining products and are engaged in selling them through online channels as well as stores. The market for plant protein ingredients is growing at a high rate, consumers are drifting away from animal proteins to plant-based proteins. For instance, In November 2019, Amway invested $200 million to set up a dietary supplement innovation center in China. This helped in offering custom-made solutions and the overall expansion of the company. Emerging markets in economies such as the Asia Pacific and South American Counties are going to be potential markets for the dietary supplement manufacturers.?
Market players Outlook
The major companies serving the global nutrition supplements market include Amway India Enterprise Pvt Ltd, Herbalife Nutrition, ADM, Pfizer Inc, Abbott Laboratories, Bayer AG, Bionova, Ekomir, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches to stay competitive in the market. For instance, in February 2022, Amway India launched nutrition supplements in trendy, tasty, convenient and simplified formats like flavourful gummies and mouth dissolving jelly strips under its flagship brand Nutrilite.
The report covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Amway India Enterprise Pvt Ltd
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Herbalife Nutrition
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. ADM (The Archer-Daniels-Midland Company)
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Pfizer Inc
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Abbott Laboratories
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Nutrition Supplements market by Form
4.1.1. Powder
4.1.2. Tablets
4.1.3. Capsules
4.1.4. Liquid
4.1.5. Soft Gels
4.2. Global Nutrition Supplements Market by Product Type
4.2.1. Sports Nutrition
4.2.2. Dietary Supplements
4.2.3. Fat Burner
4.2.4. Functional Food
4.3 Global Nutrition supplements market by Distribution channel
4.3.1 Supermarkets
4.3.2 Specialty Stores
4.3.3 Pharmacies
4.3.4 E-Commerce
5. Regional Analysis
5.1. North America
5.1.1. The United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1 Latin America
5.4.2 Middle East and Africa
6. Company Profiles
6.1. Arkopharma
6.2. Bayer AG
6.3. Capstone Nutrition
6.4. Bio-Botanica
6.5. GlaxoSmithkline Plc
6.6. Bionova Lifescience
6.7. Ekomir
6.8. Herbalife International of America Inc
6.9. Nu Skin Enterprise Inc
6.10. Glanbia PLC
6.11. Nature’s Sunshine Products Inc
6.12. Ayanda GmbH
1. GLOBAL NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY FORM, 2021-2028 ($ MILLION)
2. GLOBAL POWDER NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL TABLETS NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL CAPSULES NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION2028 ($ MILLION)
5. GLOBAL LIQUID NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL SOFT GELS NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
8. GLOBAL SPORTS NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
9. GLOBAL DIETARY SUPPLEMENT NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL FAT BURNER NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL FUNCTIONAL FOOD NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL NUTRITION SUPPLEMENT MARKET BY DISTRIBUTION CHANNEL RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL NUTRITION SUPPLEMENT IN SPECIALTY STORES DISTRIBUTION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL NUTRITION SUPPLEMENT MARKET IN SUPERMARKETS RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL NUTRITION SUPPLEMENT MARKET IN PHARMACIES RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL NUTRITION SUPPLEMENT MARKET IN E-COMMERCE RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE 2021-2028 ($ MILLION)
21. NORTH AMERICAN NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
22. EUROPEAN NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
25. EUROPEAN NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTON CHANNEL, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS PRODUCT TYPE, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
30. REST OF THE WORLD NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. REST OF THE WORLD NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE 2021-2028 ($ MILLION)
33. REST OF THE WORLD NUTRITION SUPPLEMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL NUTRITION SUPPLEMENTS MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL NUTRITION SUPPLEMENTS MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL NUTRITION SUPPLEMENTS MARKET, 2021-2028 (%)
4. GLOBAL NUTRITION SUPPLEMENTS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL POWDER NUTRITION SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL TABLETS NUTRITION SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL CAPSULES NUTRITION SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%
8. GLOBAL LQUID NUTRITION SUPPLEMENTS MARKET SHARE BY TYPE, 2021 VS 2028(%)
9. GLOBAL SOFT GEL NUTRITION SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL NUTRITION SUPPLEMENTS MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
11. GLOBAL SPORTS NUTRITION SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL DIETARY NUTRITION SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
13. GLOBAL FAT BURNER NUTRITION SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028%)
14. GLOBAL NUTRITION SUPPLEMENTS MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
15. GLOBAL NUTRITION SUPPLEMENTS MARKET SHARE IN SUPERMARKETSDISTRIBUTION CHANNEL, 2021 VS 2028 (%)
16. GLOBAL NUTRITION SUPPLEMENTS MARKET SHARE IN SPECIALTY STORES DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
17. GLOBAL NUTRITION SUPPLEMENTS MARKET SHARE IN PHARMACIES DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
18. GLOBAL NUTRITION SUPPLEMENTS MARKET SHARE IN E-COMMERCE DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
19. GLOBAL NUTRITION SUPPLEMENTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. US NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
21. CANADA NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
22. UK NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
23. FRANCE NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
24. GERMANY NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
25. ITALY NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
26. SPAIN NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF EUROPE NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
28. INDIA NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
29. CHINA NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
30. JAPAN NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
31. SOUTH KOREA NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF ASIA-PACIFIC NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF THE WORLD NUTRITION SUPPLEMENTS MARKET SIZE, 2021-2028 ($ MILLION)