The global dietary supplements market was valued at USD 162154.5 Million in 2022.
The dietary supplements market is expected to grow at a CAGR of 9.5% between 2023 and 2030, reaching USD 335152.1 Million in 2030.
Vitamins are the leading segment by type of dietary supplement, holding over 25% share in value in 2022.
The top players include Amway, Abbott, Bayer AG, Glanbia Plc, Pfizer Inc, Archer Daniels Midland, GlaxoSmithKline Plc, Nu Skin Enterprises, Herbalife Nutrition, Nature’s Sunshine Products Inc, Bionova Lifesciences, Arkopharma, Nestle, and Others.
The major market drivers include increasing health awareness, rising aging populations, lifestyle diseases, preventive healthcare trends, and the expansion of e-commerce.