Market revenue in 2023 | USD 7,445.8 million |
Market revenue in 2030 | USD 11,758.7 million |
Growth rate | 6.7% (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 |
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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 Italy 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.
Growing consumer proactiveness toward health problems has boosted the demand for dietary supplements in Italy. Consumers in Italy prefer these supplements owing to their perceived health benefits and familiar taste. Increasing instance of product innovation in the production of dietary supplements by employing a variety of flavors is expected to attract new customers during the period 2023 to 2030.
There has been an increasing trend of consuming dietary supplements among younger consumers in Italy, which, in turn, has been boosting the demand for products such as vitamins, minerals, and omega 3. Thus, growing awareness regarding the health benefits of these products among the younger population in the country is likely to contribute to the growth of these segments over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into Italy dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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