U.S. Vitamin Supplements Market Size & Outlook, 2022-2030
U.S. vitamin supplements market, 2017-2030 (US$M)
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U.S. vitamin supplements market highlights
- The U.S. vitamin supplements market generated a revenue of USD 13,901.1 million in 2022 and is expected to reach USD 19,058.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, multivitamin was the largest revenue generating type in 2022.
- Vitamin E is the most lucrative type segment registering the fastest growth during the forecast period.
Vitamin supplements market data book summary
| Market revenue in 2022 | USD 13,901.1 million |
| Market revenue in 2030 | USD 19,058.5 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Multivitamin |
| Fastest growing segment | Vitamin E |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Multivitamin, Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K |
| Key market players worldwide | Glanbia PLC, Pfizer Inc, Bayer AG, Amway Malaysia Holdings, GlaxoSmithKline, Nestle SA, NOW Foods, Abbott Laboratories, Herbalife Ltd, Natures Sunshine Products Inc, Nu Skin Enterprises Inc Class A, Pharmavite, Good Health, RBK Nutraceuticals |
Other key industry trends
- In terms of revenue, U.S. accounted for 28.7% of the global vitamin supplements market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. vitamin supplements market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,821.5 million by 2030.
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Vitamin Supplements Market Scope
Vitamin Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. vitamin 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 vitamin supplements market will help companies and investors design strategic landscapes.
Multivitamin was the largest segment with a revenue share of 40.35% in 2022. Horizon Databook has segmented the U.S. vitamin supplements market based on multivitamin, vitamin a, vitamin b, vitamin c, vitamin d, vitamin e, vitamin k covering the revenue growth of each sub-segment from 2017 to 2030.
Factors fueling interest in vitamin supplements in the U.S. include growing healthcare costs, changes in food laws affecting label and product claims, rapid advances in science and technology, a rising geriatric population, and growing interest in attaining wellness through diet.
Growing concerns among U.S. parents regarding their children's overall well-being and health have driven an increased demand for nutritional supplements, including vitamins, probiotics, and various dietary supplements.
In April 2022, the C.S. Mott Children's Hospital National Poll on Children's Health surveyed parents of children aged 1-10 years, seeking their perspectives on their children's dietary habits and supplement usage.
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Our clientele includes a mix of vitamin supplements 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 U.S. vitamin supplements market , including forecasts for subscribers. This country databook contains high-level insights into U.S. vitamin supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. vitamin supplements market size, by type, 2017-2030 (US$M)
U.S. Vitamin Supplements Market Outlook Share, 2022 & 2030 (US$M)
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