Dietary Supplement Industry Statistics 2020

Ankur gupta head marketing communications.
Dietary supplement industry statistics 2020. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand. 2 3 2 fast growing vitamins and herbal dietary supplement application industry 2020 2026 2 3 3 most promising countries for vitamins and herbal dietary supplement sales 2020 2026. 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. The us supplements market is the largest growing in the world according to dietary supplement industry statistics from 2018. For 2020 we see a continuation of.
The dietary supplement. Globe news wire projections estimate that by 2022 the world s dietary supplements market will reach around 220 billion in revenue from the 124 8 billion in 2018. Market size industry statistics.
Nutritional and dietary supplements market. Dietary supplements market 2020 size share global strategy statistics industry trends competition strategies revenue analysis key players regional analysis by forecast to 2024 published. The global vitamins and mineral supplements market is expected to grow from 51 70 billion in 2019 to 61 16 billion in 2020 at a compound annual growth rate cagr of 18 3.
However the fastest growing market is asian pacific predicted to grow up to 80 during a ten year period with a cagr of 9 2. Global vitamins and supplements market report 2020 by key players types applications countries market size forecast to 2026 based on 2020 covid 19 worldwide spread contact us. The market size of the food supplement industry in the us was 42 6 billion in 2019 according to dietary supplement industry statistics.
City of industry ca. The global dietary supplements market size was estimated at usd 123 28 billion in 2019 and is projected to expand at a cagr of 8 2 during the forecast period. 2020 dietary supplement trends according to contract manufacturers.