U.S. Dietary Supplements Market: Examining the Rise of Plant-Based Products

 The U.S. dietary supplement market is experiencing significant growth, with an estimated value of USD 53.58 billion in 2023. This market is projected to expand at a Compound Annual Growth Rate (CAGR) of 5.7% from 2024 to 2030. Several key factors are driving this growth:

• Aging Population: The increasing number of senior citizens in the U.S. is a major contributor to the rising demand for dietary supplements. As people age, their nutritional needs change, and supplements can help fill nutritional gaps.

• Preventive Healthcare Focus: Consumers are becoming more proactive about their health and are seeking ways to prevent illness and maintain wellness. Dietary supplements are perceived as a valuable tool for preventive healthcare.

• Sports Nutrition Demand: The growing popularity of fitness and sports activities has led to increased demand for sports nutrition supplements, such as protein powders and energy drinks.

• Self-Directed Care: Consumers are increasingly taking charge of their own healthcare and are turning to dietary supplements as a way to improve their health and well-being.

• High Cost of Prescription Drugs: The high cost of prescription drugs and limited insurance coverage have made dietary supplements a more affordable and accessible option for many consumers.

• Rising Healthcare Costs: As healthcare costs continue to rise, consumers are seeking alternative ways to manage their health, including the use of dietary supplements.

• Food Labeling Regulations: Changes in food labeling regulations have led to increased interest in dietary supplements, as consumers seek products with clear and accurate information about their ingredients and benefits.

• Scientific Advancements: Advances in scientific research have led to a better understanding of the benefits of various nutrients and supplements, further driving consumer interest.

 

Gather more insights about the market drivers, restrains and growth of the U.S. Dietary Supplements Market

 

Application-ingredients Segmentation Insights

 

Vitamins for Energy and Weight Management

 

• Market Popularity: In 2023, vitamins used for energy and weight management captured a significant portion (35.9%) of the supplement market.
• Reasons for Use: Americans take these supplements for several reasons:
• To increase energy levels and feel less fatigued.
• To support their metabolism, the process by which the body converts food into energy.
• To address nutrient deficiencies in their diet and ensure they're getting enough essential vitamins.
• Potential Benefits: By enhancing energy levels and metabolism, these supplements may ultimately lead to:
• Improved physical performance during exercise or daily activities.
• More effective weight management efforts.

 

Probiotics in Prenatal Supplements

• Market Growth Projection: The use of probiotics in prenatal health supplements is expected to see a steady increase (Compound Annual Growth Rate or CAGR of 13.0%) between 2024 and 2030.
• Benefits of Probiotics: Probiotics offer various potential advantages for pregnant women and their babies:
• Supporting a healthy immune system, which helps protect both the mother and the developing fetus from illness.
• Promoting a healthy balance of bacteria in the gut microbiome, which is crucial for overall health.
• Potentially reducing inflammation and supporting the baby's growth during pregnancy. 

 

Order a free sample PDF of the U.S. Dietary Supplements Market Intelligence Study, published by Grand View Research.