Dietary Supplements Market 2024: Manufacturers, Price,
Competitive Situation and Trends
“Dietary Supplements Market is expected to reach USD 278.02 billion by 2024,
at a CAGR of 9.6% as the scope, product types, and its applications are
increasing across the globe. A dietary supplement is planned in order to
provide the necessary nutrients to the body which may otherwise not be
consumed in adequate amount.”
Global Dietary Supplements Market is expected to reach USD 278.02 billion by 2024, at a CAGR of 9.6% as the
scope, product types, and its applications are increasing across the globe. A dietary supplement is planned in
order to provide the necessary nutrients to the body which may otherwise not be consumed in adequate
amount. Dietary Supplements come in several forms such as pills, powders, drinks, energy bars, capsules, etc.
Dietary Supplements generally consist of proteins, vitamins, fatty acids, fibers, etc. However, in some
circumstances dietary supplements may have risks.
There are a number of factors that propel the growth of the global Dietary Supplements Market such as
increasing awareness regarding the advantages of dietary supplements, maintenance of health, changing
lifestyles, medical conditions, doctor recommendations, and rapid innovation in products. On the other hand,
there are also factors that hamper the growth of the market, such as lack of awareness regarding the amount
of the supplements and negative publicity & incorrect product claim. Additionally, there are also adverse effects.
For instance, consumption of excess amount of Vitamin A as a supplement may cause liver damage, headaches,
etc. Large doses of minerals and vitamins may cause nerve damage, nauseas, weight loss, etc. Market may be
explored by ingredient type, forms, product, applications, end users, distribution channel, and geography.
Dietary Supplements may be explored by ingredient type as Botanicals, Minerals, Vitamins, Amino Acids,
Enzymes, and Others. The other ingredients may consist of extracts, concentrate metabolite, etc. In case of
ingredients, vitamins were extensively used and held a major share of the dietary supplements market.
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