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Wellness Supplements Market Size to Attain USD 474.31 Billion By 2032

 The wellness supplements market size is poised to grow by $ 474.31  billion by 2032 from $ 240 Billion in 2022, exhibiting a CAGR of 7.10% during the forecast period 2023-2032. 

Wellness Supplements Market Size 2023 to 2032

 

The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.

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COVID-19 Impact

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the WELLNESS SUPPLEMENTS market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Major companies operating in this area

  • Nestle S.A.
  • Abbott Laboratories
  • Amway
  • Otsuka Holdings Co., Ltd.
  • Herbalife Ltd.
  • Archer Daniels Midland Company
  • Glanbia plc
  • NBTY, Inc.
  • GNC Holdings Inc
  •  Nu Skin Enterprises, Inc.

Market Segmentation

By Dietary Supplements

  • Vitamin
  • Mineral
  • Botanical
  • Probiotics
  • Fatty Acid
  • Protein
  • Others

By Functional Food & Beverages

  • Functional Bakery and Confectionary
  • Functional Dairy
  • Energy Drink
  • Sports Drink
  • Infant Formula and Baby Food
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Major highlights of Report:

  • Figures related to sales volume, market remuneration, and segmental shares
  • Featuring market dynamics
  • Growth prospects and expansion graph
  • PROCON study of direct & indirect sales channels
  • Profiles of prominent traders, dealer, and distributors in the industry

Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa

  • Industry forecasts based on region and at country level
  • Data about sales volume recorded, industry share held, and profit margins amassed
  • Overall remuneration and estimated growth rate for each regional market

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the WELLNESS SUPPLEMENTS market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the WELLNESS SUPPLEMENTS market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the WELLNESS SUPPLEMENTS market.

Market Segments: This part of the report discusses product, application and other segments of the WELLNESS SUPPLEMENTS market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Wellness Supplements Market 

5.1. COVID-19 Landscape: Wellness Supplements Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Wellness Supplements Market, By Dietary Supplements

8.1. Wellness Supplements Market, by Dietary Supplements Type, 2023-2032

8.1.1. Vitamin

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Mineral

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Botanical

8.1.3.1. Market Revenue and Forecast (2020-2032)

8.1.4. Probiotics

8.1.4.1. Market Revenue and Forecast (2020-2032)

8.1.5. Fatty Acid

8.1.5.1. Market Revenue and Forecast (2020-2032)

8.1.6. Protein

8.1.6.1. Market Revenue and Forecast (2020-2032)

8.1.7. Others

8.1.7.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Wellness Supplements Market, By Functional Food & Beverages

9.1. Wellness Supplements Market, by Functional Food & Beverages, 2023-2032

9.1.1. Functional Bakery and Confectionary

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Functional Dairy

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Energy Drink

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Sports Drink

9.1.4.1. Market Revenue and Forecast (2020-2032)

9.1.5. Infant Formula and Baby Food

9.1.5.1. Market Revenue and Forecast (2020-2032)

9.1.6. Others

9.1.6.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Wellness Supplements Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.1.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.1.3.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.1.4.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.2.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.2.3.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.2.4.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.2.5.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.2.6.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.3.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.3.3.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.3.4.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.3.5.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.3.6.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.4.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.4.3.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.4.4.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.4.5.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.4.6.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.5.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.5.3.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Dietary Supplements (2020-2032)

10.5.4.2. Market Revenue and Forecast, by Functional Food & Beverages (2020-2032)

Chapter 11. Company Profiles

11.1. Nestle S.A.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Abbott Laboratories

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Amway

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Otsuka Holdings Co., Ltd.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Herbalife Ltd.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Archer Daniels Midland Company

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Glanbia plc

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. NBTY, Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. GNC Holdings Inc

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Nu Skin Enterprises, Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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