Global Dietary Supplements Market Forecast

The global dietary supplements market will reach USD 278 billion by 2024. The market will exponentially grow from $140 billion in 2018 to $216 billion by 2026. In 2023, online sales had the highest revenue share. Asia Pacific will lead, North America will experience substantial growth until 2030.

Market Segments and Trends

Powder dietary supplements accounted for 57% of total market share in 2016 at $51 billion. This will surpass $60 billion by 2024. Sports powder supplements generated 60% of sports supplement revenue.
The food supplement ingredient market size will surpass USD 2 billion by 2024. Market segments are product, form, end-use. Products are vitamins, amino acids, probiotics, omega-3, collagen peptides, folic acid, oxalic acid, magnesium, iron.
The global market was worth $165 billion in 2022. Vitamins account for 30.8% revenue share. Seed Probiotics offers quality probiotics. Search growth is exploding at 950% since 2016.

Of the $42.9 billion sports nutrition sales in 2022, 42.3% were supplement sales ($18.15 billion). The sports nutrition market will be valued at $87.6 billion in ten years with a 7.4% growth rate. Fitness enthusiasts had 40% of sales.

Favorable outlook towards medical nutrition market due to increasing use for malnutrition and cardiovascular disorders treatment is likely to promote dietary supplements market growth.
The market for dietary supplement capsules was $26 billion in 2015. Gel caps and soft gels together were 13.2% in 2015. Amino acids accounted for 14.3% share in 2015 and will grow due to increasing protein intake by athletes.