Report Overview
[ 170 + Pages Research Report ] Liquid Dietary Supplements Market to surpass USD 61 billion by 2032 from USD 28.6 billion in 2021 at a CAGR of 7.1% in the coming years, i.e., 2022-32.
Product Overview
Dietary Supplements are substances used to supplement one’s diet by taking pills, tablets, capsules, powders or liquids. Liquid Dietary Supplements are supplements with nutritional value in the form of fluids and are consumed orally. These supplements are considered more effective than other forms of supplements as they easily get absorbed in the body. These supplements include proteins and amino acids, vitamins and minerals, and botanicals among other liquid dietary supplements. They are primarily used for maintaining immune health, bone and joint health, sports nutrition, heart health, digestive health, and for weight loss.
Market Highlights
Liquid Dietary Supplements market is expected to project a notable CAGR of 7.1% in 2032.
Growing prevalence of chronic diseases, rising geriatric population, and growing prevalence of ready-to-drink dietary supplements are driving the growth of Liquid Dietary Supplements market.
Liquid Dietary Supplements Market: Segments
Vitamins & Minerals segment holds the largest share in the market
Liquid Dietary Supplements market is classified on the basis of ingredients into Vitamins & Minerals, Botanical, Proteins & Amino Acids, and Others. Vitamins & Minerals segment is dominating the market with the largest share. The growth is attributed to rising demand from working professionals and athletes to improve body metabolism. Furthermore, rising chronic diseases among patients is also boosting the demand of vitamins and minerals.
Sports Nutrition segment holds the largest share in the market
Liquid Dietary Supplements market is classified on the basis of application into Bone & Joint Health, Heart Health, Immune Health, Sports Nutrition, Weight Loss, Digestive Health, and Others. Sports Nutrition segment is dominating the market with the largest share. The growth is attributed to the growing demand of various types of liquid dietary supplements, proteins, and drinks among bodybuilders and athletes.
Market Dynamics
Drivers
Growing Prevalence of Chronic Diseases among Patients
The changing lifestyle of people and a growing number of geriatric populations have resulted in the growing prevalence of chronic diseases such as cancer, paralysis, diabetes, and other illnesses all around the world. Patients who cannot synthesize important nutrients and also who do not get important nutrients from their diet are prescribed dietary supplements. Liquid dietary supplements aid in faster recovery of patients suffering from chronic diseases by providing them with vital nutrients. Growing incidence of chronic diseases will drive the growth of Liquid Dietary Supplements market.
Increasing Consumption of Ready-to-Drink Dietary Supplements
Advancements in technology has assisted manufacturers to introduce ready-to-drink dietary supplements, which are easy to consume and also takes less efforts for the preparation of the drink. Liquid dietary supplements are popular among people of all age groups as they have high nutritional value and are easy to use. Growing health awareness and benefits related to liquid supplements along with the rising trend of consuming ready-to-drink supplements among people engaged in sport activities are propelling the demand of liquid dietary supplements. Furthermore, rising research and development activities to develop better supplements will create growth opportunities for the Liquid Dietary Supplements market.
Restraint
Stringent Government Regulations
Government enforces strict regulations in order to ensure the safety of consumers and therefore the manufacturers are bound to follow the rules which restrain the growth of the market. Furthermore, high costs of dietary supplements also impede the growth of the market.
Recent Developments
- In July 2020, Active Fiber Complex Select was launched by Herbalife Nutrition in the U.S., Puerto Rico, and Canada for digestive health.
- In December 2020, the new Pedialyte hydration solution was launched by Abbott Laboratories to help support immune health.
Liquid Dietary Supplements Market: Key Players
- Herbalife International
- Bayer AG
- Abbott Laboratories
- GlaxoSmithKline Plc.
- Amway Corporation
- DuPont
- Glanbia Plc.
- Koninklijke DSM NV
- BASF SE
- Liquid Health Inc.
- ADM
- Carlyle Nutritionals
- Arkopharma
- Nature's Bounty Co.
- Other Prominent Players
Liquid Dietary Supplements Market: Regions
Liquid Dietary Supplements market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America is dominating the market with the largest share. The growth is attributed to the increasing geriatric population and large presence of health conscious consumers in the region. Furthermore, Asia Pacific is anticipated to grow with the highest CAGR during the forecast period, owing to the growth in healthcare sector, and government initiatives.
Impact of Covid-19 on Liquid Dietary Supplements Market
Covid-19 had severely affected economic activities across the world. Many countries had to impose lockdowns and strict social distancing norms in order to control the spread of Coronavirus. Lockdowns have disrupted the global supply chains and procurement of raw materials. However, the demand for dietary supplements witnessed an upward trend as consumers were focusing on improving their immunity and fulfilling the daily dose of nutrition needed by the body. Hence, Covid-19 had a positive impact on the Liquid Dietary Supplements market.
Liquid Dietary Supplements Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Liquid Dietary Supplements Market report also contains analysis on:
Liquid Dietary Supplements Market Segments:
- By Ingredients
- Vitamins & Minerals
- Botanical
- Proteins & Amino Acids
- Others
- By Application
- Bone & Joint Health
- Heart Health
- Immune Health
- Sports Nutrition
- Weight Loss
- Digestive Health
- Others
- By Distribution Channel
- Hypermarket/Supermarket
- Health and Beauty Stores
- Pharmacies Drug Stores
- Online Stores
- Liquid Dietary Supplements Market Dynamics
- Liquid Dietary Supplements Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
Liquid Dietary Supplements Market Report Scope and Segmentation
| Report Attribute | Details |
| Market size value in 2021 | USD 28.6 billion |
| Revenue forecast in 2032 | USD 61 billion |
| Growth Rate | CAGR of 7.1% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Quantitative units | Revenue in USD million and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Ingredient, Application, Distribution Channel, and Region |
| Regional scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Key companies profiled | Herbalife International, Bayer AG, Abbott Laboratories, GlaxoSmithKline Plc., Amway Corporation, DuPont, Glanbia Plc., Koninklijke DSM NV, BASF SE, Liquid Health Inc., ADM, Carlyle Nutritionals, Arkopharma, Nature's Bounty Co., and Other Prominent Players |
Frequently Asked Questions (FAQ):
Liquid Dietary Supplements market size was estimated at USD 28.6 billion in 2021 and is expected to reach USD 61 billion in 2032.
Dietary Supplements are substances used to supplement one’s diet by taking pills, tablets, capsules, powders or liquids. Liquid Dietary Supplements are supplements with nutritional value in the form of fluids and are consumed orally. These supplements are considered more effective than other form of supplements as they easily get absorbed in the body.
Minerals & Vitamins, Sport Nutrition, Hypermarket/Supermarket segment accounted for the largest Liquid Dietary Supplements market share.
Key players: Herbalife International, Bayer AG, Abbott Laboratories, GlaxoSmithKline Plc., Amway Corporation, DuPont, Glanbia Plc., Koninklijke DSM NV, BASF SE, Liquid Health Inc., ADM, Carlyle Nutritionals, Arkopharma, Nature's Bounty Co., and Other Prominent Players are the key players in the Liquid Dietary Supplements market.
Growing Prevalence of Chronic Diseases among Patients and Growing Consumption of Ready-to-Drink Dietary Supplements are the factors driving the Liquid Dietary Supplements market.
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