North America Dietary Supplement Market 2019-2028

MARKET OUTLOOK

As per an analysis by the publisher on the dietary supplement market in North America, it is estimated that the industry will grow at a CAGR of 9.18% in the estimated years 2019-2028.
The United States and Canada together constitute the North American dietary supplement market.

The dietary supplement market in the US is experiencing considerable growth in the forecast period owing to the rising utility of supplements by millennials. The US market has different distribution channels available, including mail order, internet, TV channels, medical stores and natural therapy institutes, among other channels. The healthcare spending rate in the country is growing rapidly due to the increasing aged population, better medical facilities, advanced technologies, and the growing number of insured people. All these factors, coupled with a developed distribution network, are likely to drive the growth of the dietary supplement market in the US.

Calcium is among the most in-demand supplements in the geriatric population, women, and patients of arthritis & other bone & joint diseases. Besides, multivitamins remain to be the most popular in the vitamins segment, and with the rising demand, multivitamins are expected to be a separate segment. Apart from calcium and multivitamins, other supplements in the top five are vitamin D, vitamin C and vitamin B/B complex. The dietary supplement market in the US is a highly fragmented segment as a major part of the market is shared among the top players. These factors indicate a substantial growth in the regional market over the coming years.

COMPETITIVE OUTLOOK

Some noteworthy companies in the dietary supplement market are Pfizer Inc, Reckitt Benckiser Group plc, Bayer AG, Amway, General Nutrition Centers Inc, Nature's Bounty and Otsuka Holdings Co Ltd.

1. North America Dietary Supplement Market - Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Surging Demand for Multivitamin Tablets
2.2.2. Increase in Aging Population Worldwide
2.3. Porter's Five Force Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Key Impact Analysis
2.5. Impact of Covid on Dietary Supplements
2.6. Market Attractiveness Index
2.7. Vendor Scorecard
2.8. Market Drivers
2.8.1. Raised Demand for Supplements in Health and Wellness Industry
2.8.2. Promising Outlook Towards Sports Nutrition
2.8.3. Burgeoning Interest in Medical Nutrition
2.8.4. Rise in Prevalence of Active Living
2.9. Market Restraints
2.9.1. Accessibility of Counterfeit Products
2.9.2. Regulatory Concerns Affects the Market Growth
2.10. Market Opportunities
2.10.1. Budding Demand for Nutraceutical Products in E-Commerce Domain
2.10.2. Growing Attention Towards Plant-Based Supplements
2.11. Market Challenges
2.11.1. Escalating Demand for Functional Foods
2.11.2. Damaging Publicity Affecting the Overall Market

3. North America Dietary Supplement Market Outlook - by Ingredients

3.1. Botanicals
3.2. Vitamins
3.3. Minerals
3.4. Amino Acids
3.5. Enzymes
3.6. Others

4. North America Dietary Supplement Market Outlook - by Product

4.1. Tablets
4.2. Capsules
4.3. Powder
4.4. Liquids
4.5. Soft Gels
4.6. Gel Caps

5. North America Dietary Supplement Market Outlook - by Application

5.1. Additional Supplements
5.2. Medicinal Supplements
5.3. Sports Nutrition

6. North America Dietary Supplement Market Outlook - by End-User

6.1. Infant
6.2. Children
6.3. Adults
6.4. Pregnant Women
6.5. Old-Aged

7. North America Dietary Supplement Market – Regional Outlook

7.1. United States
7.2. Canada

8. Competitive Landscape

8.1. Abbott
8.2. Bayer AG
8.3. Glanbia plc
8.4. GlaxoSmithKline plc
8.5. Herbalife International Inc
8.6. Merck Kgaa
8.7. Otsuka Holdings Co Ltd
8.8. Pfizer Inc
8.9. Reckitt Benckiser Group plc
8.10. Sanofi
8.11. Suntory Holdings Limited
8.12. Nature's Bounty
8.13. Amway
8.14. General Nutrition Centers Inc
8.15. Blackmores Group

9. Methodology & Scope

9.1. Research Scope
9.2. Sources of Data
9.3. Research Methodology

List of Tables

Table 1: North America Dietary Supplement Market, by Country, 2019-2028 (In $ Million)
Table 2: Market Attractiveness Index
Table 3: Vendor Scorecard
Table 4: North America Dietary Supplement Market, by Country, 2019-2028 (In $ Million)
Table 5: North America Dietary Supplement Market, by Ingredients, 2019-2028 (In $ Million)
Table 6: North America Dietary Supplement Market, by Product, 2019-2028 (In $ Million)
Table 7: North America Dietary Supplement Market, by Application, 2019-2028 (In $ Million)
Table 8: North America Dietary Supplement Market, by End-User, 2019-2028 (In $ Million)

List of Figures

Figure 1: North America Dietary Supplement Market, by Ingredients, 2018 & 2028 (In %)
Figure 2: Porter's Five Force Analysis
Figure 3: Key Buying Impact Analysis
Figure 4: North America Dietary Supplement Market, by Botanicals, 2019-2028 (In $ Million)
Figure 5: North America Dietary Supplement Market, by Vitamins, 2019-2028 (In $ Million)
Figure 6: North America Dietary Supplement Market, by Minerals, 2019-2028 (In $ Million)
Figure 7: North America Dietary Supplement Market, by Amino Acids, 2019-2028 (In $ Million)
Figure 8: North America Dietary Supplement Market, by Enzymes, 2019-2028 (In $ Million)
Figure 9: North America Dietary Supplement Market, by Other Ingredients, 2019-2028 (In $ Million)
Figure 10: North America Dietary Supplement Market, by Tablets, 2019-2028 (In $ Million)
Figure 11: North America Dietary Supplement Market, by Capsules, 2019-2028 (In $ Million)
Figure 12: North America Dietary Supplement Market, by Powder, 2019-2028 (In $ Million)
Figure 13: North America Dietary Supplement Market, by Liquids, 2019-2028 (In $ Million)
Figure 14: North America Dietary Supplement Market, by Soft Gels, 2019-2028 (In $ Million)
Figure 15: North America Dietary Supplement Market, by Gel Caps, 2019-2028 (In $ Million)
Figure 16: North America Dietary Supplement Market, by Additional Supplements, 2019-2028 (In $ Million)
Figure 17: North America Dietary Supplement Market, by Medicinal Supplements, 2019-2028 (In $ Million)
Figure 18: North America Dietary Supplement Market, by Sports Nutrition, 2019-2028 (In $ Million)
Figure 19: North America Dietary Supplement Market, by Infant, 2019-2028 (In $ Million)
Figure 20: North America Dietary Supplement Market, by Children, 2019-2028 (In $ Million)
Figure 21: North America Dietary Supplement Market, by Adults, 2019-2028 (In $ Million)
Figure 22: North America Dietary Supplement Market, by Pregnant Women, 2019-2028 (In $ Million)
Figure 23: North America Dietary Supplement Market, by Old-Aged, 2019-2028 (In $ Million)
Figure 24: North America Dietary Supplement Market, Regional Outlook, 2018 & 2028 (In %)
Figure 25: United States Dietary Supplement Market, 2019-2028 (In $ Million)
Figure 26: Canada Dietary Supplement Market, 2019-2028 (In $ Million)