Global Dietary Supplement Industry

As part of nutrition business journal s global issue matthew oster head of consumer health at euromonitor international introduces his perspective on what s happening in the dietary supplement industry around the globe the impacts of covid 19 and how other trends are playing out regionally read the full interview with oster below.

Global dietary supplement industry. The market is backed by rising health awareness globally among consumers of all age groups coupled with a considerable rise in the number of fitness centers and gymnasiums. Global dietary supplements market to reach 298. 5 billion by 2027.

North america leads the global dietary supplement market by capturing the largest market share of around 31 84 in 2018. Basis point share bps analysis by type 5 2 2. 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.

Amid the covid 19 crisis the global market for dietary supplements estimated at us 170. Dietary supplement market size and volume forecast by type 5 3 1. Global info research offers a latest published report on otc drugs and dietary supplement analysis and forecast 2019 2025 delivering key insights and providing a competitive advantage to clients through a detailed report this report focuses on the key global otc drugs and dietary supplement concentrate players to define describe and analyze the value market share market competition.

A positive outlook toward the sports nutrition market is also among major driving factors. 4 billion in the year 2020 is. The global dietary supplements market size was valued at usd 48 22 billion in 2019 and is projected to reach usd 117 92 billion by 2027 exhibiting a cagr of 9 8 during the forecast period 2020 2027.

Y o y growth projections by type 5 3. Key findings of the global dietary supplement market. Factors such as rising health concerns and the changing lifestyles and dietary habits have been driving the product demand.

Asia pacific dietary supplement market is anticipated to grow at the highest cagr of xx during the forecast period of 2019 2027. The global dietary supplements market size is projected to reach usd 230 73 billion by 2027 registering a cagr of 8 2 over the forecast period according to a new report by grand view research inc.