Dietary Supplement Industry Statistics 2019

More than one half of american adults reported taking some form of dietary supplement.

Dietary supplement industry statistics 2019. 22 26 2019 by ipsos and was funded by crn. The global dietary supplements market is predicted to grow at a compound annual growth rate cagr of 6 percent from 2015 to 2019 according to a new report from research and markets consumer awareness of supplements effects on lifestyle ailments will help drive this growth noted the market research firm. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand.

Rising health awareness among different ages on a global level is anticipated to play a vital role in increasing the number of gymnasiums. The global dietary supplements market is growing due to the rising acceptance of preventive management than curative practices in healthcare sector and growing health awareness towards the weight management among all age groups across the world. A positive outlook toward the sports nutrition market is also among major driving factors.

The global dietary supplements market size was valued at usd 111 34 billion in 2018 and expected to expand at a cagr of 7 8 from 2019 to 2025. The 2019 survey was fielded aug. Dietary supplement industry statistics.

Top dietary supplements consumed. Crnusa the supplement industry pays 14 94 billion in federal taxes and manufacturing alone accounts for 383 230 jobs in the us which is represented with more than 18 billion in paid wages. This number has increased drastically since the mid 90s.

According to dietary supplement statistics from 2019 the industry employs over 750 000 americans. The following statistics are provided by the centers for disease control and prevention. The dietary supplements market is preliminarily driven by the paradigm shift toward preventive health management practices amid rising healthcare costs and increasing burden of lifestyle diseases.

Global dietary supplements market is projected to grow with a cagr of 6 9 during the forecast period 2020 2025. Growing demand for dietary supplements in the health and wellness industry is a major factor driving the market growth in the forecast period 2019 2027.