GITNUX MARKETDATA REPORT 2024

Health Supplements Industry Statistics

The health supplements industry is expected to continue its growth trend globally due to increasing consumer awareness about the importance of health and wellness.

In this post, we will explore the latest statistics and trends in the health supplements industry, shedding light on the booming global market and consumer habits. From the significant market size growth projections to the top-selling supplement categories and key regional insights, we delve into the data shaping this ever-evolving sector.

Statistic 1

"The global dietary supplements market size was valued at USD 123.28 billion in 2019."

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Statistic 2

"The global dietary supplements market is expected to reach USD 230.73 billion by 2027."

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Statistic 3

"The vitamins segment holds the largest market share of 43%."

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Statistic 4

"North America accounted for the highest revenue share of more than 40.0% in 2019."

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Statistic 5

"Approximately 77% Americans report that they consume dietary supplements."

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Statistic 6

"More than half of the U.S. adults (52%) take a multivitamin."

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Statistic 7

"Protein supplements are expected to exhibit the fastest growth rate of 8.4% from 2020 to 2027."

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Statistic 8

"The online sales channel segment is expected to witness the fastest growth rate of 8.8% from 2020 to 2027."

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Statistic 9

"The Asia Pacific market is expected to witness the fastest growth over the forecast period."

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Statistic 10

"More than half (51%) of EU consumers have taken food supplements."

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Statistic 11

"The herbal supplement market in the U.S. grew 8.6% in 2019, reaching an estimated total value of $9.6 billion."

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Statistic 12

"Omega-3 supplements hold the largest share in the fish oil products market, which is projected to reach USD 4.08 billion by 2022."

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Statistic 13

"The probiotics dietary supplements market is expected to reach USD 84.92 billion by 2027."

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Statistic 14

"The global sports nutrition market size was valued at USD 15.6 billion in 2019."

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Statistic 15

"The gummy vitamins market size was valued at USD 5.9 billion in 2020."

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Statistic 16

"China is one of the largest markets of dietary supplements in the APAC region with revenue of USD 31.7 billion in 2020."

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Statistic 17

"The main reasons U.S. consumers take dietary supplements are for overall health/wellness benefits and to fill nutrient gaps."

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Statistic 18

"Mood-enhancing supplements were the fastest-growing health and wellness category in the U.S. in 2020, with sales up 23.8%."

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Statistic 19

"The majority of dietary supplements sold in the U.S. are manufactured domestically."

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Statistic 20

"The functional foods and drinks market is projected to reach USD 276.77 billion by 2026, growing at a CAGR of 6.98%."

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The global health supplements industry is experiencing significant growth and market expansion, with diverse segments such as vitamins, protein supplements, herbal supplements, and probiotics showing promising trends. North America and Asia Pacific are key regions driving this growth, with a high prevalence of supplement consumption among consumers. Online sales channels are becoming increasingly important for the industry, while domestically manufactured products dominate the U.S. market. Overall, the industry’s trajectory suggests continued expansion and innovation, catering to a wide range of consumer needs and preferences.

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