Global Dietary Supplements Market Report 2020: Market to Reach $298.5 Billion by 2027 - U.S. Market is Estimated at $46 Billion, While China is Forecast to Grow at 12.7% CAGR - ResearchAndMarkets.com

Vitamins, one of the segments analyzed in the report, is projected to record a 9.3% CAGR and reach US$145 Billion by the end of the analysis period.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Friday, February 19, 2021
Information
Tags: 
Fitness & Nutrition, Health, Dietary supplement, Compound annual growth rate
Geotags: 
JAPAN, US, EUROPE, LATIN AMERICA, CHINA, INDIA, SOUTH KOREA, USA, AUSTRALIA, CANADA, GERMANY
Summary
Key Points: 
  • Vitamins, one of the segments analyzed in the report, is projected to record a 9.3% CAGR and reach US$145 Billion by the end of the analysis period.
  • The U.S. Market is Estimated at $46 Billion, While China is Forecast to Grow at 12.7% CAGR
    The Dietary Supplements market in the U.S. is estimated at US$46 Billion in the year 2020.
  • China, the world's second largest economy, is forecast to reach a projected market size of US$69.1 Billion by the year 2027 trailing a CAGR of 12.7% over the analysis period 2020 to 2027.
  • In the global Amino Acids segment, USA, Canada, Japan, China and Europe will drive the 7.5% CAGR estimated for this segment.


The "Dietary Supplements - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Dietary Supplements Market to Reach $298.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Dietary Supplements estimated at US$170.4 Billion in the year 2020, is projected to reach a revised size of US$298.5 Billion by 2027, growing at a CAGR of 8.3% over the analysis period 2020-2027.

Vitamins, one of the segments analyzed in the report, is projected to record a 9.3% CAGR and reach US$145 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Botanicals segment is readjusted to a revised 8.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $46 Billion, While China is Forecast to Grow at 12.7% CAGR

The Dietary Supplements market in the U.S. is estimated at US$46 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$69.1 Billion by the year 2027 trailing a CAGR of 12.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Amino Acids Segment to Record 8% CAGR

In the global Amino Acids segment, USA, Canada, Japan, China and Europe will drive the 7.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$15.3 Billion in the year 2020 will reach a projected size of US$25.3 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$41.4 Billion by the year 2027, while Latin America will expand at a 9.5% CAGR through the analysis period.

The 500+ page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Dietary Supplements Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • Amway Corporation
  • Bayer AG
  • Bio-Botanica, Inc.
  • Blackmores Ltd.
  • General Nutrition Centers, Inc.
  • GlaxoSmithKline PLC
  • Herbalife International India Pvt., Ltd.
  • Integrated BioPharma, Inc.
  • Koninklijke DSM NV
  • NaturaLife Asia Co., Ltd.
  • Nature's Bounty, Inc.
  • Nu Skin Enterprises, Inc.
  • Omega Protein Corporation
  • Pfizer, Inc.
  • Pharmavite LLC
  • Reckitt Benckiser Group PLC
  • Sanofi SA
  • Surya Herbal Ltd.
  • The Himalaya Drug Company

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Dietary Supplements Market Share (in %) by Company: 2019 & 2025
  • Market Analytics

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European Dietary Supplements Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 71

For more information about this report visit https://www.researchandmarkets.com/r/lt2u5j

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