South Africa Liquid Dietary Supplements Market Size & Outlook
South Africa liquid dietary supplements market, 2018-2030 (US$M)
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South Africa liquid dietary supplements market highlights
- The South Africa liquid dietary supplements market generated a revenue of USD 121.5 million in 2023 and is expected to reach USD 243.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 10.5% 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.
Liquid dietary supplements market data book summary
| Market revenue in 2023 | USD 121.5 million |
| Market revenue in 2030 | USD 243.7 million |
| Growth rate | 10.5% (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, Nestle SA, Herbalife Ltd, Abbott Laboratories, Pfizer Inc, Basf SE, Dermapharm Holding SE Bearer Shares, Bayer AG |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global liquid dietary supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa liquid dietary supplements market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 210.6 million by 2030.
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Liquid Dietary Supplements Market Scope
Liquid Dietary Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa liquid 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 liquid dietary supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 30.45% in 2023. Horizon Databook has segmented the South Africa liquid 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.
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Our clientele includes a mix of liquid 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 South Africa liquid dietary supplements market , including forecasts for subscribers. This country databook contains high-level insights into South Africa liquid dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa liquid dietary supplements market size, by ingredient, 2018-2030 (US$M)
South Africa Liquid Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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