North America Dietary Supplements Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Vitamins, Minerals, Proteins and Amino Acids, Probiotics, Blends, and Others), Form (Tablets, Capsules and Softgels, Powders, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

Code: TIPRE00027464 | Pages: 116 | Industry: Food and Beverages | Date: Mar 2022 | Type: Regional

The North America dietary supplements market is expected to grow from US$ 63,435.76 million in 2021 to US$ 90,428.79 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.

 

Dietary supplements contain dietary ingredients to improve their nutritional worth. Many people use dietary supplements to help them lead a healthy lifestyle. These supplements are typically used to replenish missing nutrients while maintaining adequate dietary levels in the body.  In recent years, health and fitness has picked up as a trend due to rising prevalence of various diseases, such as cancer and cardiovascular disorders, and several medical conditions, such as diabetes, high blood pressure, obesity, and high cholesterol. All these have resulted in rising popularity of dietary supplements across the region. People have become more aware and concerned about their health and physique over the last few years. Millions of people of various age groups, backgrounds, and geographies are embracing fitness to better their physical health and overall well-being, which is boosting the demand for dietary supplements substantially.  Furthermore, social media also plays a significant role in fitness motivation and influencing self-improvement. For instance, social media platforms, such as Instagram, Twitter, and Pinterest, have boosted the popularity of the health and fitness industry, with many celebrities and influencers introducing users to new fitness regimes and dietary supplements, highlighting the benefits they offer to their physical and mental health, in turn, aiding the dietary supplement demand. Additionally, people's increased interest in bodybuilding and athletics is fueling the popularity of supplements. Athletes are becoming more inclined toward dietary supplements for assistance in improving endurance and performance while also maintaining health. This factor is driving the demand for dietary supplements significantly across the North America.

 

In case of COVID-19, North America is highly affected specially the US. The significant disruption in manufacturing facilities, along with raw material sourcing, has had a negative impact on the demand for dietary supplements in the country. However, the growing consumer focus on health and wellbeing is also expected to promote the demand for dietary supplements in the regional market. For instance, as per an article published by National Center for Biotechnology Information (NCBI), the presence of poor nutritional dietary patterns, along with the presence of pre-existing noncommunicable diseases (NCDs) such as diabetes, chronic lung diseases, and cardiovascular diseases (CVDs), has made the patient immunocompromised. Hence, it has been essentially recommended to consume approximately 25–38 g/day of dietary supplements to build immunity and strength to fight against foreign microbes. This is expected to promote the demand for dietary supplements in the region in the long run.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America dietary supplements market. The North America dietary supplements market is expected to grow at a good CAGR during the forecast period. 

 
North America Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)    
North America Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)    

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North America Dietary Supplements Market Segmentation       

North America Dietary Supplements Market – By Type

  • Vitamins
  • Minerals
  • Proteins and Amino Acids
  • Probiotics
  • Blends
  • Others

North America Dietary Supplements Market – By Form

  • Tablets
  • Capsules and Softgels
  • Powders
  • Others

North America Dietary Supplements Market – By Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
  • Others

North America Dietary Supplements Market, by Country

  • US
  • Canada
  • Mexico

North America Dietary Supplements Market - Companies Mentioned

  • Abbott
  • Amway Corp.  
  • anona GmbH
  • Bayer AG 
  • GlaxoSmithKline plc.
  • Otsuka Holdings Co., Ltd
  • Pfizer Inc.
  • The Bountiful Company

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis Formulation:

3.2.4        Macro-economic Factor Analysis:

3.2.5        Developing Base Number:

3.2.6        Data Triangulation:

3.2.7        Country Level Data:

4.           North America Dietary Supplements Market Landscape

4.1         Market Overview

4.2         North America PEST Analysis

4.3         Expert Opinion

5.           North America Dietary Supplements Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Awareness and Popularity of Dietary Supplements

5.1.2        Rising Healthcare Expenditure

5.2         Market Restraints

5.2.1        Presence of Counterfeit Products

5.3         Market Opportunities

5.3.1        Increasing Product Innovation

5.4         Future Trends

5.4.1        Preference for Plant-Based Dietary Supplements

5.5         Impact Analysis of Drivers and Restraints

6.           Dietary Supplements Market – North America Analysis

6.1         North America Dietary Supplements Market Overview

6.2         North America Dietary Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.           North America Dietary Supplements Market Analysis – By Type

7.1         Overview

7.2         North America Dietary Supplements Market, by Type (2020 & 2028)

7.3         Vitamins

7.3.1        Overview

7.3.2        Vitamins: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.4         Minerals

7.4.1        Overview

7.4.2        Minerals: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.5         Proteins and Amino Acids

7.5.1        Overview

7.5.2        Proteins and Amino Acids: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.6         Probiotics

7.6.1        Overview

7.6.2        Probiotics: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.7         Blends

7.7.1        Overview

7.7.2        Blends: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

7.8         Others

7.8.1        Overview

7.8.2        Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

8.           North America Dietary Supplements Market Analysis - By Form

8.1         Overview

8.2         North America Dietary Supplements Market, by Form (2020 & 2028)

8.3         Tablets

8.3.1        Overview

8.3.2        Tablets: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

8.4         Capsules and Softgels

8.4.1        Overview

8.4.2        Capsules and Softgels: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

8.5         Powders

8.5.1        Overview

8.5.2        Powders: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

9.           North America Dietary Supplements Market Analysis - By Distribution Channel

9.1         Overview

9.2         North America Dietary Supplements Market, by Distribution Channel (2020 & 2028)

9.3         Supermarkets and Hypermarkets

9.3.1        Overview

9.3.2        Supermarkets and Hypermarkets: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

9.4         Specialty Stores

9.4.1        Overview

9.4.2        Specialty Stores: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

9.5         Online Retail

9.5.1        Overview

9.5.2        Online Retail: Dietary Supplements Market Revenue and forecast to 2028 (US$ million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

10.        North America Dietary Supplements Market– Country Analysis

10.1      Overview

10.1.1     North America: Dietary Supplements Market, by Key Country

10.1.1.1       US: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Dietary Supplements Market, by Type

10.1.1.1.2       US: Dietary Supplements Market, by Form

10.1.1.1.3       US: Dietary Supplements Market, by Distribution Channel

10.1.1.2       Canada: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Dietary Supplements Market, by Type

10.1.1.2.2       Canada: Dietary Supplements Market, by Form

10.1.1.2.3       Canada: Dietary Supplements Market, by Distribution Channel

10.1.1.3       Mexico: Dietary Supplements Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Dietary Supplements Market, by Type

10.1.1.3.2       Mexico: Dietary Supplements Market, by Form

10.1.1.3.3       Mexico: Dietary Supplements Market, by Distribution Channel

11.        Impact of COVID-19 Pandemic on North America Dietary Supplements Market

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Product Launch

12.3      Joint Venture

12.4      Mergers & Acquisition

12.5      Partnership

13.        Company Profiles

13.1      anona GmbH

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Abbott

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Amway Corp.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Bayer AG

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Pfizer Inc.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Otsuka Holdings Co., Ltd

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      GlaxoSmithKline plc.

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      The Bountiful Company

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

Table 1.             North America Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             US Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             US Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 4.             US Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 5.             Canada Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 8.             Mexico Dietary Supplements Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Mexico Dietary Supplements Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico Dietary Supplements Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 11.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           North America Dietary Supplements Market Segmentation

Figure 2.           North America Dietary Supplements Market Segmentation – By Country

Figure 3.           North America Dietary Supplements Market Overview

Figure 4.           North America Dietary Supplements Market, By Type

Figure 5.           North America Dietary Supplements Market, By Country

Figure 6.           North America: PEST Analysis

Figure 7.           Expert Opinion

Figure 8.           North America Dietary Supplements Market Impact Analysis of Drivers and Restraints

Figure 9.           North America: Dietary Supplements Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        North America Dietary Supplements Market, by Type (2020 & 2028)

Figure 11.        North America Vitamins: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 12.        North America Minerals: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        North America Proteins and Amino Acids: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        North America Probiotics: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America Blends: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        North America Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        North America Dietary Supplements Market, by Distribution Channel (2020 & 2028)

Figure 18.        North America Tablets: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        North America Capsules and Softgels: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America Powders: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 21.        North America Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 22.        North America Dietary Supplements Market, by Distribution Channel (2020 & 2028)

Figure 23.        North America Supermarkets and Hypermarkets: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 24.        North America Specialty Stores: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 25.        North America Online Retail: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 26.        North America Others: Dietary Supplements Market Revenue and Forecast to 2028 (US$ Million)

Figure 27.        North America: Dietary Supplements Market, by Key Country – Revenue (2020) (US$ Million)

Figure 28.        North America: Dietary Supplements Market Revenue Share, by Key Country (2020 and 2028)

Figure 29.        US: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Canada: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Mexico: Dietary Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Impact of COVID-19 Pandemic in North America

  1. Abbott
  2. Amway Corp.
  3. anona GmbH
  4. Bayer AG
  5. GlaxoSmithKline plc.  
  6. Otsuka Holdings Co., Ltd
  7. Pfizer Inc.
  8. The Bountiful Company
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