What is the current market size and future outlook for the wellness supplements market?
The wellness supplements market size has grown strongly in recent years. It will grow from $300.29 billion in 2024 to $323.49 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing health awareness, aging population demographics, shift towards preventive healthcare, expansion of retail channels, influence of holistic health practices.
The wellness supplements market size is expected to see strong growth in the next few years. It will grow to $453.91 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to elevated focus on immune health, digital health and e-commerce growth, personalization and customization trends, rising demand for plant-based supplements. Major trends in the forecast period include regulatory compliance and transparency, global expansion and market penetration, collaborations with healthcare professionals, rise of clean label products.
Get Your Free Sample of The Global Wellness Supplements Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7249&type=smp
What are the key forces behind the wellness supplements market’s growth in recent years?
An increasing focus on healthy lifestyles is expected to propel the growth of the wellness supplements market going forward. A healthy lifestyle keeps an individual energetic and reduces the risk for disease. Exercising, good nutrition, adequate sleep, and the intake of wellness supplements are the foundations of healthy living, which encourages people to incorporate health-improving supplement items into their daily lives. For instance, in May 2022, according to International Food Information Council, nonprofit organization supported by the food, beverage, and agricultural industries, in 2022, 52% of Americans indicated that they adhered to a diet or eating pattern over the past year, marking a notable rise from 39% in 2021. Therefore, increasing focus on healthy lifestyles is driving the wellness supplements market growth.
What are the major segments of the wellness supplements market?
The wellness supplements market covered in this report is segmented –
1) By Product Type: Dietary Supplements, Vitamin, Mineral, Protein, Herbal
2) By Functional Food and Beverages: Omega Fatty Acids Fortified Food, Probiotic Fortified Food, Branded Iodinated Salt, Branded Wheat Flour, Energy Drinks, Sports Drinks
3) By Application: Home Care, Hospital, Chemical
Subsegments:
1) By Dietary Supplements: Meal Replacements, Probiotics, Omega-3 Supplements
2) By Vitamins: Multivitamins, Vitamin D, Vitamin C
3) By Minerals: Calcium, Magnesium, Iron
4) By Protein: Whey Protein, Plant-Based Protein, Casein Protein
5) By Herbal: Adaptogens, Antioxidant Herbs, Digestive Aids
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/wellness-supplements-global-market-report
Which companies dominate the wellness supplements market?
Major companies operating in the wellness supplements market include Archer Daniels Midland Company, Pfizer Inc., Nestle SA, Bayer AG, Abbott Laboratories, Suntory Holdings Ltd., Otsuka Pharmaceutical Co Ltd., Haleon plc, Amway Corporation, Glanbia plc, Herbalife Nutrition Ltd., The Bountiful Company, GNC Holdings Inc., USANA Health Sciences Inc., Shaklee Corporation, Jamieson Intermediate Holdings Ltd., New Chapter Inc., Pukka Herbs Ltd., Gaia Herbs Inc., MegaFood LLC, Traditional Medicinals Inc., Olly Nutrition, Herb Pharm LLC, Herbaland Naturals Inc., Ritual Foods Pvt Ltd., Fungi Perfecti LLC, Banyan Botanicals Corp, Herbalist & Alchemist Inc., Garden of Life LLC
What major trends will shape the wellness supplements market during the forecast period?
Product innovations are a key trend gaining p+B216opularity in the wellness supplements market. Major companies operating in the wellness supplements market are developing new products to strengthen their position in the market. For instance, in February 2022, Zeonutra, an Indian-based company manufacturing wellness supplement products launched a slim plus product. This product is organic with unique organic vegan nutritional supplements that contain slimbiome. This can be used by vegan consumers and is helpful in the reduction of weight with natural supplements.
What are the key regional dynamics of the wellness supplements market, and which region leads in market share?
The countries covered in the wellness supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The Wellness Supplements Market Report 2025 Offer?
The wellness supplements market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Wellness supplement refers to a supplement that a person uses to his diet. It includes one or more nutritional components, such as vitamins and minerals. The same safety and effectiveness testing that is required for pharmaceuticals is not required for wellness supplements.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7249
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
