- In September 2023, Kyowa Hakko partnered with pharmaceutical manufacturer Quifaest to launch its postbiotic ingredient, IMMUSE, in Mexico for the first time. This introduction marks a notable expansion of IMMUSE’s global reach
- In August 2023, Nutritional Research Company (NRC) unveiled its Absorbable line of supplements aimed at supporting the immune system. This innovative product range features three unique offerings: Vitamin C, Vitamin D3 1000 IU, and Vitamin D3 2000 IU
- In May 2023, Arla Foods Ingredients released a solution designed to enhance the protein content in oral nutritional supplements that come in juice-style drinks. These convenient supplements are available in flavors such as orange, mango, and strawberry
- In April 2023, IFF launched a vegan softgel capsule technology known as Verdigel SC. This groundbreaking solution is free from carrageenan and provides a plant-based alternative that easily integrates into existing processes while maintaining the same level of manageability and stability as traditional soft gel methods, whether vegan or animal-based
- In April 2023, Ayana Bio introduced health and wellness ingredients derived from plant cells, including lemon balm and echinacea. This advancement represents a significant step forward in tackling the challenges associated with traditional agriculture for these plants, such as adulteration, contamination, pesticide use, inconsistent quality, susceptibility to infection, weather variability, and limited active metabolites.
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Vitamins, Minerals, Amino Acids, Enzymes, and Other Supplements), Mode of Application (Capsules, Powder, Liquids, Soft Gels, and Gel Caps), Functions (Additional Supplement, Medicinal Supplements, and Sports Nutrition), Category (Infant Dietary Supplements, Children Dietary Supplements, Adult Dietary Supplements, Pregnant Women Dietary Supplements, and Old-Aged Dietary Supplement) – Industry Trends and Forecast to 2031
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The Global Dietary Supplements Market size was valued at USD 84.68 USD Billion in 2023.
The Global Dietary Supplements Market is projected to grow at a CAGR of 8.72% during the forecast period of 2024 to 2031.
The major players operating in the market include Abbott, GlaxoSmithKline plc, Bayer AG, Pfizer , ADM, and more,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
