North America - Dietary Supplements Market size to increase by USD 20.44 billion between 2023 to 2028| Growing popularity of e-commerce channels drives the market growth - Technavio
NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The North America - Dietary Supplements Market size is expected to grow by USD 20.44 billion, accelerating at a CAGR of 8.39% during the forecast period. The growing popularity of e-commerce channels is notably driving the dietary supplements market in North America. However, factors such as a challenging regulatory environment may impede market growth. The market is segmented by Distribution Channel (Offline and Online), Product (Vitamins, Fatty acids, Combination, Probiotics, and Others), and Geography (North America). Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format
North America - Dietary Supplements Market 2024 – 2028: Key Segment Analysis
The offline segment is set to experience substantial market share growth during the forecast period. This segment is a favored distribution channel for a wide range of supplements, particularly dietary supplements, and includes well-visited places like hypermarkets, supermarkets, drug stores, and discount stores. Notably, in the North America - dietary supplements market, supermarkets and hypermarkets have emerged as the preferred distribution channels.
To know additional highlights and key points on various market segments and their impact in coming years, View PDF Sample Report
North America - Dietary Supplements Market 2024 – 2028: Company Insights
The dietary supplements market in North America is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:
- AEGLE Nutrition
- BioTech Pharmacal
- Divine Design Manufacturing
- FoodScience LLC
- Gemini Pharmaceuticals
- Gummi World
- Life All Natural
- Life Solution
- Makers Nutrition LLC
- Organimed LLC
- Pharma Natural
- Pharmatech Inc.
- ROCKTOMIC LABS LLC
- Superior Supplement Manufacturing LLC
- Supplement Manufacturing Partner
- Twinlab Consolidated Corp.
- Veluca Inc.
View PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.
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Lutein Market: The global lutein market size is estimated to grow by USD 120.77 million between 2022 and 2027 exhibiting a CAGR of 6%.
Dietary Supplements Market In North America Scope |
|
Report Coverage |
Details |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.39% |
Market growth 2024-2028 |
USD 20.44 billion |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
7.14 |
Performing market contribution |
North America at 100% |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
AEGLE Nutrition, BioTech Pharmacal, Divine Design Manufacturing, FoodScience LLC, Gemini Pharmaceuticals, Gummi World, Life All Natural, Life Solution, Makers Nutrition LLC, Organimed LLC, Pharma Natural, Pharmatech Inc., ROCKTOMIC LABS LLC, Superior Supplement Manufacturing LLC, Supplement Manufacturing Partner, Twinlab Consolidated Corp., and Veluca Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
TOC:
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Sizes
- Five Forces Analysis
- Market Segmentation by Distribution Channel
- Market Segmentation by Product
- Market Segmentation by Geography
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, & Trends
- Company Landscape
- Company Analysis
- Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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