Canada Nutraceuticals Market Size & Outlook, 2025-2030
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Canada nutraceuticals market highlights
- The Canada nutraceuticals market generated a revenue of USD 14,086.9 million in 2024 and is expected to reach USD 21,199.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 7% from 2025 to 2030.
- In terms of segment, functional food was the largest revenue generating product in 2024.
- Dietary Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
Nutraceuticals market data book summary
| Market revenue in 2024 | USD 14,086.9 million |
| Market revenue in 2030 | USD 21,199.8 million |
| Growth rate | 7% (CAGR from 2025 to 2030) |
| Largest segment | Functional food |
| Fastest growing segment | Dietary Supplements |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dietary Supplements, Functional Food, Functional Beverages, Infant Formula |
| Key market players worldwide | DSM, Alticor Corporate Enterprises, Pfizer Inc, Nestle SA, The Kraft Heinz Co, The Hain Celestial Group Inc, Nature's Brands, General Mills Inc, Danone SA, Tyson Foods Inc Class A, Amway Corporation, Yakult Honsha Co Ltd, Otsuka Pharmaceutical, GlaxoSmithKline, Haleon PLC |
Other key industry trends
- In terms of revenue, Canada accounted for 2.4% of the global nutraceuticals market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. nutraceuticals market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 20,558.6 million by 2030.
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Nutraceuticals Market Scope
Nutraceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Haleon PLC | View profile | 24622 | The Heights, Building 5, First Floor, Surrey, Weybridge, United Kingdom, KT13 0NY | https://www.haleon.com |
| Amway Corporation | View profile | 10001+ | Ada, Michigan, United States, North America | http://www.amway.com |
| Alticor Corporate Enterprises | View profile | 10001+ | Ada, Michigan, United States, North America | http://www.alticor.com |
| GlaxoSmithKline | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.gsk.com |
| Yakult Honsha Co Ltd | View profile | 29880 | 1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, Japan, 105-0021 | http://www.yakult.co.jp |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| Nature's Brands | View profile | 11-50 | Chattanooga, Tennessee, United States, North America | https://www.naturesbrands.com/ |
| Tyson Foods Inc Class A | View profile | 139000 | 2200 West Don Tyson Parkway, Springdale, AR, United States, 72762-6999 | https://www.tysonfoods.com |
| General Mills Inc | View profile | 34000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | https://www.generalmills.com |
| Otsuka Pharmaceutical | View profile | 251-500 | Tokyo, Tokyo, Japan, Asia | https://www.otsuka.co.jp/en/ |
| DSM | View profile | 10001+ | Heerlen, Limburg, The Netherlands, Europe | http://www.dsm.com |
| The Hain Celestial Group Inc | View profile | 2837 | 4600 Sleepytime Drive, Co, Boulder, DE, United States, 80301 | https://www.hain.com |
| Danone SA | View profile | 88843 | 17, Boulevard Haussmann, Paris, France, 75009 | https://www.danone.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
| Pfizer Inc | View profile | 88000 | 66 Hudson Boulevard East, New York, NY, United States, 10001-2192 | https://www.pfizer.com |
Canada nutraceuticals 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 nutraceuticals market will help companies and investors design strategic landscapes.
Functional food was the largest segment with a revenue share of 47.49% in 2024. Horizon Databook has segmented the Canada nutraceuticals market based on dietary supplements, functional food, functional beverages, infant formula covering the revenue growth of each sub-segment from 2018 to 2030.
The efforts of manufacturers of vitamins, minerals, herbs, and supplements (VMHS) in Canada, in terms of marketing, have been driving consumer awareness regarding digestive health supplements. Such marketing efforts include creating awareness about preventive healthcare while creating opportunities to attract new consumers.
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Our clientele includes a mix of nutraceuticals market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada nutraceuticals market , including forecasts for subscribers. This country databook contains high-level insights into Canada nutraceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada nutraceuticals market size, by product, 2018-2030 (US$M)
Canada Nutraceuticals Market Outlook Share, 2024 & 2030 (US$M)
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