GITNUX MARKETDATA REPORT 2024

Phytoestrogen Supplements Industry Statistics

The global phytoestrogen supplements industry is projected to experience steady growth in the coming years due to increasing consumer awareness about the health benefits of these products.

With sources from: mordorintelligence.com, statista.com, nccih.nih.gov, ahpa.org and many more

Statistic 1

The global dietary supplements market size was valued at USD 140.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.2% from 2021 to 2028.

Statistic 2

The North American region dominated the global dietary supplement market in 2020 with a share of 28.8%.

Statistic 3

Europe is expected to demonstrate a CAGR of 8.8% in the dietary supplement market.

Statistic 4

The Asia Pacific market for dietary supplements is projected to reach USD 57-87 billion by 2025.

Statistic 5

Global nutritional supplement market is projected to grow at a CAGR of 6.4% during the forecast period (2021 - 2026).

Statistic 6

The sports supplements segment held the largest revenue share of more than 30% in 2020 in the nutritional supplement industry.

Statistic 7

Phytoestrogens, particularly isoflavones in soy are increasingly used as supplements by postmenopausal women.

Statistic 8

The global plant based protein market was valued at $16.45 billion in 2020 and is projected to reach at $40.53 billion by 2027, with a growth rate of 14.8%.

Statistic 9

About 67.1% of the sales in the plant-based protein market happened via online stores in 2020.

Statistic 10

Approximately 70% of dietary supplements sold globally are estimated to be iso-flavones, a form of phytoestrogens.

Statistic 11

In 2018, the United States had the largest dietary supplement market in the world, at a value of 124.8 billion dollars.

Statistic 12

The total number of new dietary supplement products entered in the market increased from 4,195 in 2015 to 5,983 in 2020.

Statistic 13

The European market for botanical supplements was valued at $7.7 billion in 2020.

Statistic 14

In 2021, China surpassed the U.S. for the first time in total dietary supplement sales with a 14% market share.

Statistic 15

The protein supplements segment dominated the market and accounted for a share of 19.2% in 2020.

Statistic 16

The vitamins segment held the second largest share in the dietary supplements market in 2020.

Statistic 17

Phytoestrogen consumption may lower the risk of breast cancer by 15% according to a meta-analysis of 21 studies.

Statistic 18

51% of U.S. adults report using at least one type of dietary supplement.

Statistic 19

The projected growth rate of the global herbal supplements market is estimated to be 10.6% from 2020 to 2026.

Statistic 20

By 2026, the global herbal supplements market is projected to reach USD 12.33 billion in value.

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In this post, we explore the rapidly evolving landscape of the phytoestrogen supplements industry, backed by a plethora of compelling statistics. From the staggering growth projections of the global dietary supplements market to the shifting dynamics in different regions and the promising potential of plant-based proteins, these statistics shed light on the current trends and future prospects within the nutritional supplement sector. Let’s dive into the data-driven insights shaping this dynamic industry.

Statistic 1

"The global dietary supplements market size was valued at USD 140.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.2% from 2021 to 2028."

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Statistic 2

"The North American region dominated the global dietary supplement market in 2020 with a share of 28.8%."

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Statistic 3

"Europe is expected to demonstrate a CAGR of 8.8% in the dietary supplement market."

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Statistic 4

"The Asia Pacific market for dietary supplements is projected to reach USD 57-87 billion by 2025."

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Statistic 5

"Global nutritional supplement market is projected to grow at a CAGR of 6.4% during the forecast period (2021 - 2026)."

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Statistic 6

"The sports supplements segment held the largest revenue share of more than 30% in 2020 in the nutritional supplement industry."

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Statistic 7

"Phytoestrogens, particularly isoflavones in soy are increasingly used as supplements by postmenopausal women."

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Statistic 8

"The global plant based protein market was valued at $16.45 billion in 2020 and is projected to reach at $40.53 billion by 2027, with a growth rate of 14.8%."

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Statistic 9

"About 67.1% of the sales in the plant-based protein market happened via online stores in 2020."

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Statistic 10

"Approximately 70% of dietary supplements sold globally are estimated to be iso-flavones, a form of phytoestrogens."

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Statistic 11

"In 2018, the United States had the largest dietary supplement market in the world, at a value of 124.8 billion dollars."

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Statistic 12

"The total number of new dietary supplement products entered in the market increased from 4,195 in 2015 to 5,983 in 2020."

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Statistic 13

"The European market for botanical supplements was valued at $7.7 billion in 2020."

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Statistic 14

"In 2021, China surpassed the U.S. for the first time in total dietary supplement sales with a 14% market share."

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Statistic 15

"The protein supplements segment dominated the market and accounted for a share of 19.2% in 2020."

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Statistic 16

"The vitamins segment held the second largest share in the dietary supplements market in 2020."

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Statistic 17

"Phytoestrogen consumption may lower the risk of breast cancer by 15% according to a meta-analysis of 21 studies."

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Statistic 18

"51% of U.S. adults report using at least one type of dietary supplement."

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Statistic 19

"The projected growth rate of the global herbal supplements market is estimated to be 10.6% from 2020 to 2026."

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Statistic 20

"By 2026, the global herbal supplements market is projected to reach USD 12.33 billion in value."

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Interpretation

The statistics presented indicate a robust and continually expanding market for dietary and nutritional supplements globally, with various regions and segments showing significant growth potential. The increasing popularity of plant-based and phytoestrogen supplements, such as isoflavones, underscores a growing trend towards natural and alternative health products. Online sales are playing a major role in the distribution of these supplements, with a notable shift in market leadership towards countries like China. Moreover, the emergence of new products and the ongoing research highlighting potential health benefits further contribute to the positive outlook for the industry.

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