Market revenue in 2023 | USD 95,161.3 million |
Market revenue in 2030 | USD 132,556.8 million |
Growth rate | 4.8% (CAGR from 2023 to 2030) |
Largest segment | Functional foods and beverages |
Fastest growing segment | Sports Nutrition |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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 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 U.S. 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.
The U.S. population, especially in the age group of 19 to 50 years, is increasingly becoming health conscious owing to the growing incidence of various disorders, such as alopecia, skin conditions, and obesity, which is one of the significant factors boosting adoption of nutritional supplements in the country.
High rate of multi nutrient deficiency among people of different age groups is further boosting the demand for these supplements in the country. In addition, the usage of supplements among the Americans steadily increased over the past 20 years, and as of 2021, 80% of the Americans were consuming dietary supplements.
Thus, the increased demand for supplements and growing consumption patterns are factors projected to drive the global nutritional supplements market during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. nutritional supplements market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nutritional supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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