Global Market Study on Dietary Supplements: Botanical Supplements to Remain Highly Popular across Geographies

Sep 2021| PMR1732A| Persistence Market Research

Report Highlights

Dietary Supplements Market: Report Scope

Increase in consumer interest in healthy diets has led to higher consumption of food and food ingredients with potential health benefits. Of late, consumers have become more conscious of their diets.

Majority of adults in the U.S. have expressed overall confidence in the quality, effectiveness, and safety of dietary supplements. Rising aging population, increasing lifestyle diseases and increasing healthcare cost are some of the important factors driving the growth of the dietary supplements market.

The major factor driving the cost of healthcare is lengthy and costly R&D conducted by pharmaceutical companies. Due to increasing costs of healthcare, people are turning towards dietary supplements to help them stay healthy.

These supplements provide various health benefits such as strengthening the immune system, protection from cold and flu, prevention of migraine headaches, treat of arthritis, rheumatic diseases, allergies, lower cholesterol, triglyceride levels and blood pressure, cardiovascular diseases, and cognitive diseases at lower costs.

Asia-Pacific is the largest market for dietary supplements globally. Consumer awareness about the benefits of dietary supplements and wide product availability are the major drivers for the market in Asia Pacific. The increase in disposable income allows customers to spend more on healthy food items.

In recent years, consumers have become more conscious of their diet. Rising number of elderly people in North America is leading to a rise in demand for dietary supplements products. Over the last few years, the risk of chronic diseases and maintenance of health in old age have been the major health concerns leading to increased spending on dietary supplement products.

Europe is the second-largest market for dietary supplement products. Recently, consumers in the region are showing great interest in leading healthy lifestyles, in turn, driving the consumption of healthy food. In the European region, Western Europe is the largest market for dietary supplements.

Eastern Europe is considered to have higher future growth potential. Rising aging population, increasing lifestyle diseases, and growing healthcare costs are some of the important factors driving the growth of the dietary supplements market in the region.

The competitive landscape section of the dietary supplements market report includes benchmarking section which provides an insight on various companies operating in the dietary supplements market based on their regional presence and their product offerings across four product segments (vitamin supplements, mineral supplements, botanical supplements, and fatty acids supplements).

Research Methodology

To deduce the dietary supplements market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by product type, region, and application; and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates.

The forecast presented in the report assesses the total revenue generated and expected revenue contribution in the dietary supplements market.

The report begins with sizing the market in terms of value and volume for the base year, which forms the basis for forecasting how the market is anticipated to take shape in the near future.

Given the characteristics of the market, gathered data is triangulated via different analysis based on supply side and demand side drivers and other key dynamics of the dietary supplements market.

To develop the market forecast, Persistence Market Research has also conducted a factor analysis to understand the impact of various forces/factors on the target market.

The report provides forecasts not only in terms of CAGR but also presents a detailed analysis based on key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities.

Another key feature of this report is an analysis of the dietary supplements market and the corresponding revenue forecast in terms of absolute dollar opportunity, usually overlooked while forecasting the market.

However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the dietary supplements market.

Further, to understand key segments in terms of their growth and overall dietary supplements market performance, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities in the dietary supplements market.

  • Table 1 : Global dietary supplements market snapshot, by value, 2021 and 2031
  • Table 2 : Global healthcare expenditure data by region (2016-2020)
  • Table 3 : Dietary supplements products and their related benefits
  • Table 4 : Increasing Urbanization Rates, by Country (%, 2016-2020)
  • Table 5 : Impact Analysis of Market Drivers
  • Table 6 : Impact Analysis of Market Restraints
  • Table 7 : Global dietary supplements market size, by product, 2016 – 2020 (USD billion)
  • Table 8 : Global dietary supplements market size, by product, 2021 – 2031 (USD billion)
  • Table 9 : Global dietary supplements market size, by end user, 2016 – 2020 (USD billion)
  • Table 10 : Global dietary supplements market size, by end user, 2021 – 2031 (USD billion)
  • Table 11 : Global dietary supplements market size, by application, 2016 – 2020 (USD billion)
  • Table 12 : Global dietary supplements market size, by application, 2021 – 2031 (USD billion)
  • Table 13 : Global dietary supplements market size, by region, 2016 – 2020 (USD billion)
  • Table 14 : Global dietary supplements market size, by region, 2021 – 2031 (USD billion)
  • Table 15 : The North American dietary supplements market size, by product, 2016 – 2020 (USD billion)
  • Table 16 : The North American dietary supplements market size, by product, 2021 – 2031 (USD billion)
  • Table 17 : The North American dietary supplements market size, by application, 2016 – 2020 (USD billion)
  • Table 18 : The North American dietary supplements market size, by application, 2021 – 2031 (USD billion)
  • Table 19 : The North American dietary supplements market size, by end user, 2016 – 2020 (USD billion)
  • Table 20 : The North American dietary supplements market size, by end user, 2021 – 2031 (USD billion)
  • Table 21 : The European dietary supplements market size, by product, 2016 – 2020 (USD billion)
  • Table 22 : The European dietary supplements market size, by product, 2021 – 2031 (USD billion)
  • Table 23 : The European dietary supplements market size, by application, 2016 – 2020 (USD billion)
  • Table 24 : The European dietary supplements market size, by application, 2021 – 2031 (USD billion)
  • Table 25 : The European dietary supplements market size, by end user, 2016 – 2020 (USD billion)
  • Table 26 : The European dietary supplements market size, by end user, 2021 – 2031 (USD billion)
  • Table 27 : The Asia Pacific dietary supplements market size, by product, 2016 – 2020 (USD billion)
  • Table 28 : The Asia Pacific dietary supplements market size, by product, 2021 – 2031 (USD billion)
  • Table 29 : The Asia Pacific dietary supplements market size, by application, 2016 – 2020 (USD billion)
  • Table 30 : The Asia Pacific dietary supplements market size, by application, 2021 – 2031 (USD billion)
  • Table 31 : The Asia Pacific dietary supplements market size, by end user, 2016 – 2020 (USD billion)
  • Table 32 : The Asia Pacific dietary supplements market size, by end user, 2021 – 2031 (USD billion)
  • Table 33 : Major players operating in the global dietary supplements market
  • Table 34 : NBTY products and services
  • Table 35 : DSM products and services
  • Table 36 : Amway products and services
  • Table 37 : Herbalife products and services
  • Table 38 : Omega Protein Corporation products and segments
  • Table 39 : Bayer products and services
  • Table 40 : NaturaLife Asia products and services
  • Table 41 : Integrated BioPharma products and services
  • Table 42 : Nu Skin products and brands
  • Table 43 : BASF products and services
  • Table 44 : Surya Herbal products and services
  • Table 45 : Bio-Botanica products and services
  • Table 46 : Himalaya’s products and services
  • Table 47 : Ricola products and services
  • Table 48 : Epax AS product line
  • Table 49 : Product line of Axellus AS
  • Figure 1 : Global dietary supplements market, 2021 – 2031 (USD billion)
  • Figure 2 : Dietary supplements market: Porter’s five forces analysis
  • Figure 3 : Population above 60 years in major countries (%, 2000-2050)
  • Figure 4 : Global vitamin supplements market, 2021 – 2031 (USD billion)
  • Figure 5 : Global mineral supplements market, 2021 – 2031 (USD billion)
  • Figure 6 : Global botanical supplements market, 2021 – 2031 (USD billion)
  • Figure 7 : Global fatty acids supplements market, 2021 – 2031 (USD billion)
  • Figure 8 : Global consumption of dietary supplements by adult women, 2021 – 2031 (USD billion)
  • Figure 9 : Global consumption of dietary supplements by adult men, 2021 – 2031 (USD billion)
  • Figure 10 : Global consumption of dietary supplements by senior citizens, 2021 – 2031 (USD billion)
  • Figure 11 : Global consumption of dietary supplements in food and beverages sector, 2021 – 2031 (USD billion)
  • Figure 12 : Global consumption of dietary supplements in pharmaceutical sector, 2021 – 2031 (USD billion)
  • Figure 13 : Global consumption of dietary supplements in personal care sector, 2021 – 2031 (USD billion)
  • Figure 14 : Segment-wise geographical presence of companies, 2020
  • Figure 15 : Global dietary supplements market: Segmental benchmarking, 2020
  • Figure 16 : NBTY, Inc. net sales and net income, 2016-20 (USD million)
  • Figure 17 : Koninklijke DSM N.V net sales and profit, 2016-2020 (USD million)
  • Figure 18 : Herbalife, Ltd. net sales and net income, 2016-2020 (USD million)
  • Figure 19 : Omega Protein Corporation net sales and net profit, 2016-2020 (USD million)
  • Figure 20 : Bayer AG sales and net income of, 2016 - 20 (USD billion)
  • Figure 21 : Integrated BioPharma, Inc. net sales and net income, 2016-20 (USD million)
  • Figure 22 : Nu Skin revenue and net income, 2016-2020 (USD million)
  • Figure 23 : BASF SE Sales and net income, 2016 - 20 (USD billion)
  • Figure 24 : Surya Roshni Ltd. revenue and profit after taxes , 2016-20 (USD million)
  • Figure 25 : Otsuka Holdings Co., Ltd. net sales and net income , 2016-20 (USD billion)
  • Figure 26 : Blackmores sales and profit, 2016-20 (USD million)
  • Figure 27 : Orkla Home & Personal’s net sales and net profit, 2016 – 2020 (USD million)

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organization of all sizes.

Persistence Market Research
Price: $4900

Become a Member

Already a member? Login here.

Have a Question? Ask Us.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
Custom Research

Need a custom data table, graph or complete report? Tell us more.

RELATED REPORTS