India Dietary Supplements Market Size & Outlook, 2023-2030
India dietary supplements market, 2018-2030 (US$M)
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India dietary supplements market highlights
- The India dietary supplements market generated a revenue of USD 6,080.2 million in 2023 and is expected to reach USD 15,020.5 million by 2030.
- The India market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating ingredient in 2023.
- Protiens & Amino Acids is the most lucrative ingredient segment registering the fastest growth during the forecast period.
Dietary supplements market data book summary
| Market revenue in 2023 | USD 6,080.2 million |
| Market revenue in 2030 | USD 15,020.5 million |
| Growth rate | 13.8% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | Protiens & Amino Acids |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins, Botanicals, Minerals, Protiens & Amino Acids, Fibers & Specialty Carbohydrates, Omega Fatty Acids |
| Key market players worldwide | Amway Malaysia Holdings, Abbott Laboratories, Bayer AG, Glanbia PLC, Pfizer Inc, Archer-Daniels Midland Co, Nu Skin Enterprises Inc Class A, GlaxoSmithKline, Herbalife Ltd, Natures Sunshine Products Inc, DuPont de Nemours Inc, Nestle SA, NOW Foods, RBK Nutraceuticals, Goodhealth |
Other key industry trends
- In terms of revenue, India accounted for 3.4% of the global dietary supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China dietary supplements market is projected to lead the regional market in terms of revenue in 2030.
- ANZ is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,232.1 million by 2030.
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Dietary Supplements Market Scope
Dietary Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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India dietary supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dietary supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 29.11% in 2023. Horizon Databook has segmented the India dietary supplements market based on vitamins, botanicals, minerals, protiens & amino acids, fibers & specialty carbohydrates, omega fatty acids covering the revenue growth of each sub-segment from 2018 to 2030.
The India dietary supplements market is expected to witness significant growth over the forecast period owing to changing lifestyles, rapid urbanization, rising health consciousness, and increasing per capita income.
n addition, the growing incidence of lifestyle diseases such as malnourishment, overweight, and high blood pressure, coupled with the high cost of medical treatments, is expected to increase the level of health awareness among consumers, which, in turn, is anticipated to fuel the demand for dietary supplements.
Changing dietary habits and a shift toward more urbanized lifestyles have contributed to the demand for dietary supplements. Modern diets often lack essential nutrients, and fast-paced urban living can make it challenging to maintain a balanced diet.
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Our clientele includes a mix of dietary supplements market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into India dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India dietary supplements market size, by ingredient, 2018-2030 (US$M)
India Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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