South 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: TIPRE00027468 | Pages: 114 | Industry: Food and Beverages | Date: Mar 2022 | Type: Regional

The SAM dietary supplements market is expected to grow from US$ 11,329.34 million in 2021 to US$ 17,007.25 million by 2028; it is estimated to grow at a CAGR of 6.0% 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 SAM region. 

 

The COVID-19 pandemic negatively influenced countries, including Brazil, followed by Ecuador, Chile, Peru, and Argentina in SAM. The governments in SAM have taken an array of actions to protect their citizens and combat the spread of the COVID-19 virus through lockdowns, trade bans, and travel restrictions. Consumers are gravitating toward immunity-boosting and nutritious products as the number of instances of COVID-19 rises. Moreover, due to the sudden impact of the COVID-19 pandemic, the market has seen a boom in demand for products that provide digestive and immune health. As a result, sales of supplements including protein, vitamins, omega-3 fatty acids, and others surged. Further, manufacturers focused on growing sales by enticing customers to shop online instead to meet rising demand while keeping safety standards. Further, the demand for dietary supplements surged during the COVID-19 pandemic due to the high demand for health supplements to boost immunity. 

 

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 SAM dietary supplements market`. The SAM dietary supplements market is expected to grow at a good CAGR during the forecast period. 

 

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

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

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SAM Dietary Supplements Market Segmentation

SAM Dietary Supplements Market – By Type

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

SAM Dietary Supplements Market – By Form

  • Tablets
  • Capsules and Softgels
  • Powders
  • Others

SAM Dietary Supplements Market – By Distribution Channel

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

SAM Dietary Supplements Market, by Country

  • Brazil
  • Argentina   
  • Rest of SAM

SAM Dietary Supplements Market - Companies Mentioned

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

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.           SAM Dietary Supplements Market Landscape

4.1         Market Overview

4.2         SAM PEST Analysis

4.3         Expert Opinion

5.           SAM Dietary Supplements Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Awareness and Popularity of Dietary Supplements

5.1.2        Increasing Healthcare Expenditure

5.2         Market Restraints

5.2.1        Availability of Counterfeit Products

5.3         Market Opportunities

5.3.1        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 – SAM Analysis

6.1         SAM Dietary Supplements Market Overview

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

7.           SAM Dietary Supplements Market Analysis – By Type

7.1         Overview

7.2         SAM 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.           SAM Dietary Supplements Market Analysis - By Form

8.1         Overview

8.2         SAM 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.           SAM Dietary Supplements Market Analysis - By Distribution Channel

9.1         Overview

9.2         SAM 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.        SAM Dietary Supplements Market– Country Analysis

10.1      Overview

10.1.1     SAM: Dietary Supplements Market, by Key Country

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

10.1.1.1.1       Brazil: Dietary Supplements Market, by Type

10.1.1.1.2       Brazil: Dietary Supplements Market, by Form

10.1.1.1.3       Brazil: Dietary Supplements Market, by Distribution Channel

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

10.1.1.2.1       Argentina: Dietary Supplements Market, by Type

10.1.1.2.2       Argentina: Dietary Supplements Market, by Form

10.1.1.2.3       Argentina: Dietary Supplements Market, by Distribution Channel

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

10.1.1.3.1       Rest of SAM: Dietary Supplements Market, by Type

10.1.1.3.2       Rest of SAM: Dietary Supplements Market, by Form

10.1.1.3.3       Rest of SAM: Dietary Supplements Market, by Distribution Channel

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

11.1      SAM: 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      Abbott

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      Amway Corp.

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      Bayer AG

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      Pfizer Inc.

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      Otsuka Holdings Co., Ltd

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      GlaxoSmithKline plc.

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      The Bountiful Company

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

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

Table 11.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           SAM Dietary Supplements Market Segmentation

Figure 2.           SAM Dietary Supplements Market Segmentation – By Country

Figure 3.           SAM Dietary Supplements Market Overview

Figure 4.           SAM Dietary Supplements Market, By Type

Figure 5.           SAM Dietary Supplements Market, By Country

Figure 6.           SAM: PEST Analysis

Figure 7.           Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 32.        Impact of COVID-19 Pandemic in SAM

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