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