North America Dietary Supplements Market Size and Competitive Analysis by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

North America Dietary Supplements Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Vitamins, Minerals, Proteins and Amino Acids, Probiotics, Blends, and Others), Form (Tablets, Capsules and Softgels, Powders, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

  • Report Code : TIPRE00027464
  • Category : Consumer Goods
  • Status : Published
  • No. of Pages : 116
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The North America dietary supplements market is expected to grow from US$ 63,435.76 million in 2021 to US$ 90,428.79 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.

Dietary supplements contain dietary ingredients to improve their nutritional worth. Many people use dietary supplements to help them lead a healthy lifestyle. These supplements are typically used to replenish missing nutrients while maintaining adequate dietary levels in the body.  In recent years, health and fitness has picked up as a trend due to rising prevalence of various diseases, such as cancer and cardiovascular disorders, and several medical conditions, such as diabetes, high blood pressure, obesity, and high cholesterol. All these have resulted in rising popularity of dietary supplements across the region. People have become more aware and concerned about their health and physique over the last few years. Millions of people of various age groups, backgrounds, and geographies are embracing fitness to better their physical health and overall well-being, which is boosting the demand for dietary supplements substantially.  Furthermore, social media also plays a significant role in fitness motivation and influencing self-improvement. For instance, social media platforms, such as Instagram, Twitter, and Pinterest, have boosted the popularity of the health and fitness industry, with many celebrities and influencers introducing users to new fitness regimes and dietary supplements, highlighting the benefits they offer to their physical and mental health, in turn, aiding the dietary supplement demand. Additionally, people's increased interest in bodybuilding and athletics is fueling the popularity of supplements. Athletes are becoming more inclined toward dietary supplements for assistance in improving endurance and performance while also maintaining health. This factor is driving the demand for dietary supplements significantly across the North America.

In case of COVID-19, North America is highly affected specially the US. The significant disruption in manufacturing facilities, along with raw material sourcing, has had a negative impact on the demand for dietary supplements in the country. However, the growing consumer focus on health and wellbeing is also expected to promote the demand for dietary supplements in the regional market. For instance, as per an article published by National Center for Biotechnology Information (NCBI), the presence of poor nutritional dietary patterns, along with the presence of pre-existing noncommunicable diseases (NCDs) such as diabetes, chronic lung diseases, and cardiovascular diseases (CVDs), has made the patient immunocompromised. Hence, it has been essentially recommended to consume approximately 25–38 g/day of dietary supplements to build immunity and strength to fight against foreign microbes. This is expected to promote the demand for dietary supplements in the region in the long run.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America dietary supplements market. The North America dietary supplements market is expected to grow at a good CAGR during the forecast period. 

 

North America Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

North America Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)    
  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Dietary Supplements Market Segmentation       

North America Dietary Supplements Market – By Type

  • Vitamins
  • Minerals
  • Proteins and Amino Acids
  • Probiotics
  • Blends
  • Others

North America Dietary Supplements Market – By Form

  • Tablets
  • Capsules and Softgels
  • Powders
  • Others

North America Dietary Supplements Market – By Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
  • Others

North America Dietary Supplements Market, by Country

  • US
  • Canada
  • Mexico

North America Dietary Supplements Market - Companies Mentioned

  • Abbott
  • Amway Corp.  
  • anona GmbH
  • Bayer AG 
  • GlaxoSmithKline plc.
  • Otsuka Holdings Co., Ltd
  • Pfizer Inc.
  • The Bountiful Company

North America Dietary Supplements Report Scope

Report Attribute Details
Market size in 2021 US$ 63,435.76 Million
Market Size by 2028 US$ 90,428.79 Million
Global CAGR (2021 - 2028) 5.2%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Vitamins
  • Minerals
  • Proteins and Amino Acids
  • Probiotics
  • Blends
By Form
  • Tablets
  • Capsules and Softgels
  • Powders
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Abbott
  • Amway Corp.
  • anona GmbH
  • Bayer AG
  • GlaxoSmithKline plc.
  • Otsuka Holdings Co., Ltd
  • Pfizer Inc.
  • The Bountiful Company
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
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    north-america-dietary-supplements-market-report-deliverables-img2
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Trends and growth analysis reports related to Consumer Goods : READ MORE..   

    1. Abbott
    2. Amway Corp.
    3. anona GmbH
    4. Bayer AG
    5. GlaxoSmithKline plc.  
    6. Otsuka Holdings Co., Ltd
    7. Pfizer Inc.
    8. The Bountiful Company