North America Nutritional Supplements Market Size & Outlook
North America nutritional supplements market, 2018-2030 (US$M)
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North America nutritional supplements market highlights
- The North America nutritional supplements market generated a revenue of USD 106,985.1 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, functional foods and beverages was the largest revenue generating product in 2023.
- Sports Nutrition is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 106,985.1 million |
| Market revenue in 2030 | USD 150,581.7 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Functional foods and beverages |
| Fastest growing segment | Sports Nutrition |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sports Nutrition, Fat Burners, Dietary Supplements, Functional Foods and Beverages |
| Key market players worldwide | Glanbia PLC, Abbott Laboratories, Nestle SA, Herbalife Ltd, Amway Malaysia Holdings, PepsiCo Inc, Clif Bar, Science in Sport, THG PLC Ordinary Share, Chesnara PLC |
Other key industry trends
- In terms of revenue, North America region accounted for 26.4% of the global nutritional supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 94,950.9 million by 2030.
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Nutritional Supplements Market Scope
Nutritional Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America nutritional 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 nutritional supplements market will help companies and investors design strategic landscapes.
Functional foods and beverages was the largest segment with a revenue share of 55.52% in 2023. Horizon Databook has segmented the North America nutritional supplements market based on sports nutrition, fat burners, dietary supplements, functional foods and beverages covering the revenue growth of each sub-segment from 2018 to 2030.
North America held a significant share in the global nutritional supplements market, and its growth can be attributed to factors such as rising awareness about health & fitness, increasing burden of life style associated disorders, and easy accessibility of supplements-based products.
In addition, the growing awareness about health and changing lifestyle led to a rise in the number of consumers opting for noninvasive, long-lasting solutions to improve their overall health, thereby creating high demand for nutritional supplements in the region.
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Target buyers of North America nutritional supplements market databook
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Our clientele includes a mix of nutritional supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America nutritional supplements market , including forecasts for subscribers. This continent databook contains high-level insights into North America nutritional supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America nutritional supplements market size, by country, 2018-2030 (US$M)
North America Nutritional Supplements Market Outlook Share, 2023 & 2030 (US$M)
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