Dietary Supplements Market size worth USD 239.50 Billion, Globally, by 2030 at 7.29% CAGR: Verified Market Research®

News provided by

Aug 28, 2023, 10:15 ET

The "Global Dietary Supplements Market Size By Ingredient, By Product, By Application, By Distribution Channel, By Geographic Scope And Forecast" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Dietary Supplements Market, including its growth prospects, market trends, and market challenges

JERSEY CITY, N.J., Aug. 28, 2023 /PRNewswire/ -- The Global Dietary Supplements Market is projected to grow at a CAGR of 7.29% from 2022 to 2030, according to a new report published by Verified Market Research^®. The report reveals that the market was valued at USD 129.76 Billion in 2021 and is expected to reach USD 239.50 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=30536

Browse in-depth TOC on "Dietary Supplements Market"

202 - Pages
126 – Tables
37 – Figures

Explosive Growth Forecasted for the Dietary Supplements Market: A Comprehensive Market Research Analysis

The dietary supplements market in Japan is poised for remarkable expansion in the upcoming years, driven by a confluence of factors including rising health awareness, demographic shifts, and evolving consumer preferences. This market research analysis delves into the drivers, market outlook, and key players shaping this burgeoning sector.

Market Drivers:

The rising prevalence of chronic heart failure in Japan has set the stage for a substantial surge in the dietary supplements market. With cardiovascular diseases attributed to causes such as obesity and micronutrient deficiencies, the demand for dietary supplements that address these concerns is escalating. According to the Centers for Disease Control and Prevention (CDC), the annual incidence of coronary heart failure is estimated between 1 to 2 million patients, with a significant percentage succumbing to heart-related complications. This alarming trend is spurring the adoption of dietary supplements as a preventive measure.

Furthermore, the influence of Western lifestyles, an aging population, and suboptimal dietary habits are contributing to the rising incidence of cardiovascular diseases. The geriatric demographic in Japan is witnessing a surging demand for dietary supplements, accentuated by the ongoing COVID-19 pandemic which has highlighted the importance of immune and digestive health. This situation has triggered a notable upswing in the market for supplements containing essential nutrients such as protein, vitamins, and omega-3 fatty acids.

Market Outlook:

The dietary supplements market in Japan is projected to undergo rapid expansion over the forecast period. With prominent players like Pfizer Inc., Amway (Nutrilite), Bayer AG, and Abbott Laboratories dominating the landscape, the market is poised for dynamic growth. The proliferation of fitness centers, health clubs, and gymnasiums in tandem with increasing fitness awareness among the youth is set to propel the demand for energy and weight management supplements. This paradigm shift in consumer behavior aligns with the rising emphasis on proactive health management and wellness enhancement.

Key Players:

The dietary supplements market in Japan is characterized by the presence of several key players that are influencing its trajectory. Notable industry stakeholders include Pfizer Inc., Amway (Nutrilite), Bayer AG, Abbott Laboratories, GlaxoSmithKline, Arkopharma Laboratoires Pharmaceutiques, Glanbia, Carlyle Group, Archer Daniels Midland, and Herbalife International. These entities are steering the market through innovative product offerings, strategic partnerships, and expansion initiatives.

As Japan witnesses a paradigm shift towards health-conscious living and preventive healthcare measures, the dietary supplements market is experiencing a transformative growth phase. The combination of rising health concerns, changing consumer preferences, and influential market players underscores the trajectory of this dynamic sector. While challenges related to customization costs persist, the overall market outlook remains optimistic, showcasing promising growth prospects.

To get market data, market insights, financial statements and a comprehensive analysis of the Global Dietary Supplements Market, please Contact Verified Market Research®.

Based on the research, Verified Market Research® has segmented the global Dietary Supplements Market into Ingredient, Product, Application, Distribution Channel, And Geography.

Dietary Supplements Market, by Ingredient

Botanicals
Minerals
Vitamins
Proteins & Amino Acids
Enzymes
Others

Dietary Supplements Market, by Product

Tablets
Capsules
Powder
Liquid
Soft gels
Others

Dietary Supplements Market, by Application

Additional Supplements
Medicinal Supplements
Sports Supplements

Dietary Supplements Market, by Distribution Channel

Pharmacies & Drug Stores
Supermarkets & Hypermarkets
Online Channels
Others

Dietary Supplements Market, by Geography

North America

U.S
Canada
Mexico

Europe

Germany
France
U.K
Rest of Europe

Asia Pacific

China
Japan
India
Rest of Asia Pacific

ROW

Middle East & Africa
Latin America

Browse Related Reports:

Dietary Fibers Market By Source (Whole Grain Products, Fruits & Vegetables), By Product (Soluble Dietary Fibers, Insoluble Dietary Fibers), By Application (Food, Beverages), By Geography, And Forecast

Probiotic Based Dietary Supplements Market By Type (Powder Stick Pack, Capsule), By Distribution Channel (Specialty Store, Department Store), By End User (Infants, Children), By Geography, And Forecast

Vitamins and Dietary Supplement Market By Product (Vitamins, Minerals, Other), By Application (Men, Women, Pregnant Woman, Elderly, Other), By Geography, And Forecast

Top 7 Dietary Supplement Brands making humans strong with essential supplements

Visualize Dietary Supplement Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: [email protected]
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg

SOURCE Verified Market Research