What is the projected growth rate (CAGR) of the Nutritional Supplements Market from 2024 to 2031, and what is the market value expected to change by 2031?

Global Nutritional Supplements Market reached USD 365.5 billion in 2022 and is expected to reach USD 595.4 billion by 2031 growing with a CAGR of 6.2% during the forecast period 2024-2031. The nutritional supplements market trend is shifting towards personalized and condition-specific supplements.

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What is the Nutritional Supplements Market ?

Nutritional supplements are products formulated to provide essential vitamins, minerals, amino acids, fatty acids, enzymes, probiotics, or other bioactive compounds that support health and fill dietary gaps. Available in forms such as tablets, capsules, powders, or liquids, they are widely used to promote wellness, boost immunity, and manage specific health needs.

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Conclusion

With rising health awareness, aging populations, and lifestyle-related health challenges, nutritional supplements are becoming an integral part of preventive healthcare worldwide. Their ability to support personalized nutrition and enhance overall well-being positions them as a key driver in the global health and wellness industry.

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Top Key Companies:

Abbott Nutrition, Amway, Nestle, Glanbia Plc, Herbalife International of America, Archer Daniels Midland, PepsiCo, Nature’s Bounty Co., DuPont, and American Health, Inc.

Market Segments:

By Product Type: Dietary Supplements, Sports Supplements, Beauty Supplements, Others

By Form: Capsule, Powder, Tablet, Liquid, Others

By Age Group: Kids, Adults, Geriatric

By Distribution Channel: Supermarkets/Hypermarkets, Pharmacy and Drug Stores, Specialty Stores, Online Stores, Others

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