Dietary supplements market size to grow by USD 61.4 billion from 2022 to 2027 | Abbott Laboratories, Amway Corp., Archer Daniels Midland Co., Arkopharma Laboratories and more among the key companies in the market – Technavio

NEW YORK, Oct. 24, 2023 /PRNewswire/ —

Dietary supplements market insights –

Vendors: 15+, including Abbott Laboratories, Amway Corp., Archer Daniels Midland Co., Arkopharma Laboratories, Bayer AG, Carlyle Nutritionals LLC, Glanbia plc, Haleon Plc, Herbalife International of America Inc., Natures Sunshine Products Inc., Natures Way Products LLC, NOW Health Group Inc., Nu Skin Enterprises Inc., NutriGold Inc., Orgenetics Inc., Pfizer Inc., Reckitt Benckiser Group PLC, Sanofi SA, Suntory Holdings Ltd., Otsuka Holdings Co. Ltd, among othersCoverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendorsSegments: Product (Vitamins, Combination, Fatty acids, Probiotics, and Others), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

To understand more about the dietary supplements market, request a sample report

In 2017, the dietary supplements market was valued at USD 96.70 million. From a regional perspective, APAC held the largest market share, valued at USD 45.24 billion. The dietary supplements market size is estimated to grow by USD 61.4 billion from 2022 to 2027 at a CAGR of 8.16% according to Technavio.

Why Buy?

Add credibility to strategyAnalyzes competitor’s offerings Get a holistic view of the market

Grow your profit margin with Technavio – Buy the Report

Dietary supplements market – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

Key purchase criteriaAdoption ratesAdoption lifecycleDrivers of price sensitivityFor highlights on customer landscape analysis, download a sample!

Dietary supplements market – Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including –

Abbott Laboratories – The company offers pediasure grow and gain therapeutic nutrition shake which is designed as health supplement drink for children 1 to 13 years of age.Amway Corp. – The company offers vitamin B dual action tablets which is designed as health supplement to fulfill energy requirement in body.Archer Daniels Midland Co. – The company offers pea protein which is used as source of protein to improve the nutrient content in body.Bayer AG – The company offers redoxon vitamin C tablet which is used as supplement to boost immune system and also protect body cells from oxidative stress.

Dietary supplements market – Market Dynamics

Major Drivers – 

Increasing adoption of healthy eating habitsRising awareness of preventative healthcareRising demand for sports supplements

KEY Challenges – 

Consumer distrust stemming from misleading marketing activitiesThreat of counterfeit dietary supplementsChallenging regulatory environment

Drivers and challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The dietary supplements market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

What are the key data covered in this dietary supplements market report?

CAGR of the market during the forecast periodDetailed information on factors that will drive the growth of the dietary supplements market between 2023 and 2027Precise estimation of the size of the dietary supplements market size and its contribution to the market in focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the dietary supplements market industry across APAC, North America, Europe, South America, and Middle East and AfricaA thorough analysis of the market’s competitive landscape and detailed information about vendorsComprehensive analysis of factors that will challenge the growth of dietary supplements market vendors

Gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform

Related Reports:

The whey protein market is estimated to grow at a CAGR of 7.88% between 2022 and 2027. The size of the market is forecast to increase by USD 5,012.28 million. The increasing product launches are notably driving the market growth, although factors such as the increasing popularity of plant-based proteins may impede the market growth.The vitamins market is estimated to grow at a CAGR of 7% between 2022 and 2027. The size of the market is forecast to increase by USD 29,240.02 million. Technavio categorizes the global vitamins market as a part of the global packaged foods and meats market under the global food products segment of the global food, beverage, and tobacco market.

Table of contents:

1 Executive Summary

1.1 Market overview Exhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by End-userExhibit 06: Executive Summary – Chart on Market Segmentation by Screen SizeExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem Exhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global – Market size and forecast 2022-2027 (USD million)Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 (USD million)Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global smart LED indoor signage market 2017 – 2021Exhibit 18: Historic Market Size – Data Table on Global smart LED indoor signage market 2017 – 2021 (USD million)4.2 End-User Segment Analysis 2017 – 2021 Exhibit 19: Historic Market Size – End-User Segment 2017 – 2021 (USD million)4.3 Screen Size Segment Analysis 2017 – 2021 Exhibit 20: Historic Market Size – Screen Size Segment 2017 – 2021 (USD million)4.4 Geography Segment Analysis 2017 – 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 (USD million)4.5 Country Segment Analysis 2017 – 2021 Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 (USD million)

5 Five Forces Analysis

5.1 Five forces summary Exhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market condition Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments Exhibit 30: Chart on End-user – Market share 2022-2027 (%)Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)6.2 Comparison by End-user Exhibit 32: Chart on Comparison by End-userExhibit 33: Data Table on Comparison by End-user6.3 Retail – Market size and forecast 2022-2027Exhibit 34: Chart on Retail – Market size and forecast 2022-2027 (USD million)Exhibit 35: Data Table on Retail – Market size and forecast 2022-2027 (USD million)Exhibit 36: Chart on Retail – Year-over-year growth 2022-2027 (%)Exhibit 37: Data Table on Retail – Year-over-year growth 2022-2027 (%)6.4 QSR and restaurants – Market size and forecast 2022-2027Exhibit 38: Chart on QSR and restaurants – Market size and forecast 2022-2027 (USD million)Exhibit 39: Data Table on QSR and restaurants – Market size and forecast 2022-2027 (USD million)Exhibit 40: Chart on QSR and restaurants – Year-over-year growth 2022-2027 (%)Exhibit 41: Data Table on QSR and restaurants – Year-over-year growth 2022-2027 (%)6.5 Education – Market size and forecast 2022-2027Exhibit 42: Chart on Education – Market size and forecast 2022-2027 (USD million)Exhibit 43: Data Table on Education – Market size and forecast 2022-2027 (USD million)Exhibit 44: Chart on Education – Year-over-year growth 2022-2027 (%)Exhibit 45: Data Table on Education – Year-over-year growth 2022-2027 (%)6.6 Healthcare – Market size and forecast 2022-2027Exhibit 46: Chart on Healthcare – Market size and forecast 2022-2027 (USD million)Exhibit 47: Data Table on Healthcare – Market size and forecast 2022-2027 (USD million)Exhibit 48: Chart on Healthcare – Year-over-year growth 2022-2027 (%)Exhibit 49: Data Table on Healthcare – Year-over-year growth 2022-2027 (%)6.7 Others – Market size and forecast 2022-2027Exhibit 50: Chart on Others – Market size and forecast 2022-2027 (USD million)Exhibit 51: Data Table on Others – Market size and forecast 2022-2027 (USD million)Exhibit 52: Chart on Others – Year-over-year growth 2022-2027 (%)Exhibit 53: Data Table on Others – Year-over-year growth 2022-2027 (%)6.8 Market opportunity by End-user Exhibit 54: Market opportunity by End-user (USD million)

7 Market Segmentation by Screen Size

7.1 Market segments Exhibit 55: Chart on Screen Size – Market share 2022-2027 (%)Exhibit 56: Data Table on Screen Size – Market share 2022-2027 (%)7.2 Comparison by Screen Size Exhibit 57: Chart on Comparison by Screen SizeExhibit 58: Data Table on Comparison by Screen Size7.3 Less than 32 – Market size and forecast 2022-2027Exhibit 59: Chart on Less than 32 – Market size and forecast 2022-2027 (USD million)Exhibit 60: Data Table on Less than 32 – Market size and forecast 2022-2027 (USD million)Exhibit 61: Chart on Less than 32 – Year-over-year growth 2022-2027 (%)Exhibit 62: Data Table on Less than 32 – Year-over-year growth 2022-2027 (%)7.4 32-35 – Market size and forecast 2022-2027Exhibit 63: Chart on 32-35 – Market size and forecast 2022-2027 (USD million)Exhibit 64: Data Table on 32-35 – Market size and forecast 2022-2027 (USD million)Exhibit 65: Chart on 32-35 – Year-over-year growth 2022-2027 (%)Exhibit 66: Data Table on 32-35 – Year-over-year growth 2022-2027 (%)7.5 55 and above – Market size and forecast 2022-2027Exhibit 67: Chart on 55 and above – Market size and forecast 2022-2027 (USD million)Exhibit 68: Data Table on 55 and above – Market size and forecast 2022-2027 (USD million)Exhibit 69: Chart on 55 and above – Year-over-year growth 2022-2027 (%)Exhibit 70: Data Table on 55 and above – Year-over-year growth 2022-2027 (%)7.6 Market opportunity by Screen Size Exhibit 71: Market opportunity by Screen Size (USD million)

8 Customer Landscape

8.1 Customer landscape overview Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation Exhibit 73: Chart on Market share by geography 2022-2027 (%)Exhibit 74: Data Table on Market share by geography 2022-2027 (%)9.2 Geographic comparison Exhibit 75: Chart on Geographic comparisonExhibit 76: Data Table on Geographic comparison9.3 North America – Market size and forecast 2022-2027Exhibit 77: Chart on North America – Market size and forecast 2022-2027 (USD million)Exhibit 78: Data Table on North America – Market size and forecast 2022-2027 (USD million)Exhibit 79: Chart on North America – Year-over-year growth 2022-2027 (%)Exhibit 80: Data Table on North America – Year-over-year growth 2022-2027 (%)9.4 APAC – Market size and forecast 2022-2027Exhibit 81: Chart on APAC – Market size and forecast 2022-2027 (USD million)Exhibit 82: Data Table on APAC – Market size and forecast 2022-2027 (USD million)Exhibit 83: Chart on APAC – Year-over-year growth 2022-2027 (%)Exhibit 84: Data Table on APAC – Year-over-year growth 2022-2027 (%)9.5 Europe – Market size and forecast 2022-2027Exhibit 85: Chart on Europe – Market size and forecast 2022-2027 (USD million)Exhibit 86: Data Table on Europe – Market size and forecast 2022-2027 (USD million)Exhibit 87: Chart on Europe – Year-over-year growth 2022-2027 (%)Exhibit 88: Data Table on Europe – Year-over-year growth 2022-2027 (%)9.6 South America – Market size and forecast 2022-2027Exhibit 89: Chart on South America – Market size and forecast 2022-2027 (USD million)Exhibit 90: Data Table on South America – Market size and forecast 2022-2027 (USD million)Exhibit 91: Chart on South America – Year-over-year growth 2022-2027 (%)Exhibit 92: Data Table on South America – Year-over-year growth 2022-2027 (%)9.7 Middle East and Africa – Market size and forecast 2022-2027 Exhibit 93: Chart on Middle East and Africa – Market size and forecast 2022-2027 (USD million)Exhibit 94: Data Table on Middle East and Africa – Market size and forecast 2022-2027 (USD million)Exhibit 95: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)Exhibit 96: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)9.8 US – Market size and forecast 2022-2027Exhibit 97: Chart on US – Market size and forecast 2022-2027 (USD million)Exhibit 98: Data Table on US – Market size and forecast 2022-2027 (USD million)Exhibit 99: Chart on US – Year-over-year growth 2022-2027 (%)Exhibit 100: Data Table on US – Year-over-year growth 2022-2027 (%)9.9 China – Market size and forecast 2022-2027Exhibit 101: Chart on China – Market size and forecast 2022-2027 (USD million)Exhibit 102: Data Table on China – Market size and forecast 2022-2027 (USD million)Exhibit 103: Chart on China – Year-over-year growth 2022-2027 (%)Exhibit 104: Data Table on China – Year-over-year growth 2022-2027 (%)9.10 Japan – Market size and forecast 2022-2027Exhibit 105: Chart on Japan – Market size and forecast 2022-2027 (USD million)Exhibit 106: Data Table on Japan – Market size and forecast 2022-2027 (USD million)Exhibit 107: Chart on Japan – Year-over-year growth 2022-2027 (%)Exhibit 108: Data Table on Japan – Year-over-year growth 2022-2027 (%)9.11 Canada – Market size and forecast 2022-2027Exhibit 109: Chart on Canada – Market size and forecast 2022-2027 (USD million)Exhibit 110: Data Table on Canada – Market size and forecast 2022-2027 (USD million)Exhibit 111: Chart on Canada – Year-over-year growth 2022-2027 (%)Exhibit 112: Data Table on Canada – Year-over-year growth 2022-2027 (%)9.12 UK – Market size and forecast 2022-2027Exhibit 113: Chart on UK – Market size and forecast 2022-2027 (USD million)Exhibit 114: Data Table on UK – Market size and forecast 2022-2027 (USD million)Exhibit 115: Chart on UK – Year-over-year growth 2022-2027 (%)Exhibit 116: Data Table on UK – Year-over-year growth 2022-2027 (%)9.13 Market opportunity by geography Exhibit 117: Market opportunity by geography (USD million)

10 Drivers, Challenges, and Trends

10.1 Market drivers10.2 Market challenges10.3 Impact of drivers and challenges Exhibit 118: Impact of drivers and challenges in 2022 and 202710.4 Market trends

11 Vendor Landscape

11.1 Overview11.2 Vendor landscape Exhibit 119: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruption Exhibit 120: Overview on factors of disruption11.4 Industry risks Exhibit 121: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered Exhibit 122: Vendors covered12.2 Market positioning of vendors Exhibit 123: Matrix on vendor position and classification12.3 Absen Optoelectronic Co. Ltd. Exhibit 124: Absen Optoelectronic Co. Ltd. – OverviewExhibit 125: Absen Optoelectronic Co. Ltd. – Product / ServiceExhibit 126: Absen Optoelectronic Co. Ltd. – Key offerings12.4 AU Optronics Corp. Exhibit 127: AU Optronics Corp. – OverviewExhibit 128: AU Optronics Corp. – Business segmentsExhibit 129: AU Optronics Corp. – Key newsExhibit 130: AU Optronics Corp. – Key offeringsExhibit 131: AU Optronics Corp. – Segment focus12.5 Firstouch Solutions Pvt. Ltd. Exhibit 132: Firstouch Solutions Pvt. Ltd. – OverviewExhibit 133: Firstouch Solutions Pvt. Ltd. – Product / ServiceExhibit 134: Firstouch Solutions Pvt. Ltd. – Key offerings12.6 Grandwell Industries Exhibit 135: Grandwell Industries – OverviewExhibit 136: Grandwell Industries – Product / ServiceExhibit 137: Grandwell Industries – Key offerings12.7 Koninklijke Philips NV Exhibit 138: Koninklijke Philips NV – OverviewExhibit 139: Koninklijke Philips NV – Business segmentsExhibit 140: Koninklijke Philips NV – Key newsExhibit 141: Koninklijke Philips NV – Key offeringsExhibit 142: Koninklijke Philips NV – Segment focus12.8 LG Corp. Exhibit 143: LG Corp. – OverviewExhibit 144: LG Corp. – Business segmentsExhibit 145: LG Corp. – Key offeringsExhibit 146: LG Corp. – Segment focus12.9 Metroplus Advertising LLC Exhibit 147: Metroplus Advertising LLC – OverviewExhibit 148: Metroplus Advertising LLC – Product / ServiceExhibit 149: Metroplus Advertising LLC – Key offerings12.10 Panasonic Holdings Corp. Exhibit 150: Panasonic Holdings Corp. – OverviewExhibit 151: Panasonic Holdings Corp. – Business segmentsExhibit 152: Panasonic Holdings Corp. – Key newsExhibit 153: Panasonic Holdings Corp. – Key offeringsExhibit 154: Panasonic Holdings Corp. – Segment focus12.11 Planar Systems Inc. Exhibit 155: Planar Systems Inc. – OverviewExhibit 156: Planar Systems Inc. – Product / ServiceExhibit 157: Planar Systems Inc. – Key offerings12.12 Samsung Electronics Co. Ltd. Exhibit 158: Samsung Electronics Co. Ltd. – OverviewExhibit 159: Samsung Electronics Co. Ltd. – Business segmentsExhibit 160: Samsung Electronics Co. Ltd. – Key newsExhibit 161: Samsung Electronics Co. Ltd. – Key offeringsExhibit 162: Samsung Electronics Co. Ltd. – Segment focus12.13 Sharp Corp. Exhibit 163: Sharp Corp. – OverviewExhibit 164: Sharp Corp. – Business segmentsExhibit 165: Sharp Corp. – Key newsExhibit 166: Sharp Corp. – Key offeringsExhibit 167: Sharp Corp. – Segment focus12.14 Sony Group Corp. Exhibit 168: Sony Group Corp. – OverviewExhibit 169: Sony Group Corp. – Business segmentsExhibit 170: Sony Group Corp. – Key newsExhibit 171: Sony Group Corp. – Key offeringsExhibit 172: Sony Group Corp. – Segment focus12.15 Tailong Zhixian Technology Shenzhen Co. Ltd.Exhibit 173: Tailong Zhixian Technology Shenzhen Co. Ltd. – OverviewExhibit 174: Tailong Zhixian Technology Shenzhen Co. Ltd. – Product / ServiceExhibit 175: Tailong Zhixian Technology Shenzhen Co. Ltd. – Key offerings12.16 Toshiba Corp. Exhibit 176: Toshiba Corp. – OverviewExhibit 177: Toshiba Corp. – Business segmentsExhibit 178: Toshiba Corp. – Key offeringsExhibit 179: Toshiba Corp. – Segment focus12.17 Xtreme Media Pvt. Ltd. Exhibit 180: Xtreme Media Pvt. Ltd. – OverviewExhibit 181: Xtreme Media Pvt. Ltd. – Product / ServiceExhibit 182: Xtreme Media Pvt. Ltd. – Key offerings

13 Appendix

13.1 Scope of the report13.2 Inclusions and exclusions checklist Exhibit 183: Inclusions checklistExhibit 184: Exclusions checklist13.3 Currency conversion rates for USUSD Exhibit 185: Currency conversion rates for USUSD13.4 Research methodology Exhibit 186: Research methodologyExhibit 187: Validation techniques employed for market sizingExhibit 188: Information sources13.5 List of abbreviations Exhibit 189: List of abbreviations

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/dietary-supplements-market-size-to-grow-by-usd-61-4-billion-from-2022-to-2027–abbott-laboratories-amway-corp-archer-daniels-midland-co-arkopharma-laboratories-and-more-among-the-key-companies-in-the-market—technavio-301966560.html

SOURCE Technavio