Report ID: SQMIG35I2233
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Dietary Supplements Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Dietary Supplements industry players.
The global dietary supplements industry is an important sector of the health and wellness industry, serving millions of consumers who are trying to improve their overall health, their immunity and their nutritional status. The industry achieves this through the manufacture and distribution of vitamin, mineral, and herbal products, protein supplements, and specialized nutrition products. The dietary supplement industry is a significant contributor to global economic growth, creating jobs in the areas of manufacturing, research and development, marketing, and retail. Every job in the dietary supplement manufacturing sector creates many more in logistics and distribution and in the healthcare arena. This page explores the leading dietary supplement companies and highlights their innovations, products, and market share.
According to SkyQuest Technology “Dietary Supplements Market” size is estimated to reach USD 351.8 billion by 2032. The online segment is expected to increase by 13% CAGR, representing faster growth than the other distribution channels. The dominance of this volume and growth rate implies a distinct shift in consumer purchasing behaviour across demographics and geographic locations.
|
Company |
Est. Year |
Headquarters |
Revenue |
Key Services |
|
Nestle Health Science |
2011 |
Vevey, Switzerland |
CHF 6.74 Billion (2024) |
Medical Nutrition, Weight Management & Metabolic Health, Consumer Care Nutrition, and Specialty Nutrition |
|
Abbott Laboratories |
1888 |
Abbott Park, Illinois, USA |
$42.0 Billion (2024) |
Medical Devices, Nutrition, Diagnostics, Branded Generic Pharmaceuticals |
|
Amway Corp.
|
1959 |
Ada, Michigan, USA |
$7.4 Billion (2024) |
Nutrition & Dietary Supplements, Beauty & Personal Care, Home & Lifestyle, Energy & Sports Nutrition |
|
Otsuka Pharmaceuticals |
1964 |
Tokyo, Japan (Otsuka) |
Approximately ¥1.68 trillion (2024) |
Focuses on dietary supplements under Nature Made, vitamins, minerals, herbal supplements, and consumer health R&D |
|
Bayer AG |
1863 |
Leverkusen, Germany |
€46.6 Billion (2024) |
Supplies vitamins and minerals, immune support products, and women’s health supplements like One A Day®, Redoxon®, and Elevit® |
|
Glanbia PLC |
1997 |
Kilkenny, Ireland |
$3.84 Billion (2024) |
Offers protein supplements, meal replacements, functional foods and beverages, and nutritional ingredient solutions |
|
Pfizer Inc.
|
1849 |
New York City, New York, USA |
$63.6 Billion (2024) |
Provides vitamins and minerals, consumer healthcare products, and functional nutritional supplements |
|
Herbalife Nutrition Ltd. |
1980 |
Torrance, California, USA |
$4.99 Billion (2024) |
Offers weight management products, energy and fitness supplements, personal care items, and protein nutritional shakes |
|
DSM-Firmenich |
DSM was founded in 1902; Firmenich was established in 1895
|
Heerlen, Netherlands (DSM); Geneva, Switzerland (Firmenich) |
Approximately €10.6 Billion (2024) |
Supplies nutritional ingredients including vitamins, minerals, amino acids, specialty nutritional solutions, and functional food ingredients |
|
Archer Daniels Midland (ADM) |
1902 |
Chicago, Illinois, USA |
$85.5 Billion (2024) |
Provides plant-based proteins and fibers, vitamins and minerals, and nutritional ingredients for supplements and the food industry |
Nestlé Health Science, representing the global forefront of dietary supplements, entered into being in the year 2011 and is headquartered in Vevey, Switzerland. The company produces and markets all sorts of items- minerals, vitamins, health foods and clinical nutrition solutions aimed at numerous health requirements at various stages of human life. Nestlé Health Science has shown significant triumphs in the dietary supplement segment in 2024, largely because of a towering demand from consumers for preventive health and innovation in customized nutrition programs. The company has been the game-changer worldwide in the market of dietary supplements due to its dedication to quality and innovation.
Abbott Laboratories, a multinational healthcare company based in Chicago, Illinois that was founded in 1888, has gained the greatest recognition for its nutritional products. Abbott’s Ensure brand, for instance, attained over $3 billion in global sales in 2024 amid the expanding aging population’s demand for nutrition. Products such as Ensure, PediaSure, Glucerna, and PROTALITYTM help Abbott address nutrition-related issues at different life stages and for different health conditions. Abbott has retained its position in the adult and pediatric nutrition markets, given its dedication to quality and innovation.
Amway Corporation started its operations in 1959 as a direct-sales public company founded by a group of illustrious individuals. Its primary physical asset is the corporate business that develops from scratch into the Nutrilite brand of dietary supplements after its acquisition by the same in 25 years. With a portion of $7.4 billion of total sales in 2024 coming from an extensive array of vitamins, minerals, and herbal supplements positioned under the Nutrilite brand, this brand is a name to be reckoned with in Amway's supplement business. These products are designed to respond to various wellness and health issues concerning human beings and are manufactured using natural sources. One of the world's favorite supplement brands by means of strong global presence and a commitment to juicesakanurture.
Otsuka Pharmaceutical was founded in 1964 in Tokyo, Japan, and holds controlling interest of the top nutritional supplements company in the United States and parent company Pharmavite®. Their main brand is Nature Made®, which is known for its quality in vitamins and some minerals. As a result of this phenomenon, they have a line of gummies on a platter. Gummy supplements emerged as the most used category in the US among multivitamin and supplement suppliers in 2024. The company's reputation in the hypercompetitive dietary supplement space has finally been established and improved in view of its commitment to quality and innovation.
Bayer AG, which was founded in 1863 in Leverkusen, Germany, is a life science company and is one of the market leaders in the dietetic supplement. The Consumer Health Sector of Bayer is its special sector, as it produces products like One A Day® or Redoxon® that are geared toward better general health and wellness. The Nutrient Gap Initiative for 50 million people in depravity across the planet will be on the way well before 2030. A laudable objective that is close to their hearts is thus one of the therapeutic initiatives they have set in motion embracing humanitarian concerns.
The Glanbia PLC, formed in 1997 and headquartered in Kilkenny, Ireland, is an international nutrition business engaged in the direct selling of supplements. It embraces several varieties of supplements. On the grounds of Glanbia Performance Nutrition, the company sells notable brand names like Optimum Nutrition® and SlimFast®. The major share of Glanbia's $3.8 billion in sales in 2024 came volume-wise from its supplement business. The company is also focusing on innovation and portfolio rationalization as its priority to bolster future growth in the ever-confusing nutrition industry.
Among the global leaders in the pharmaceutical market, Pfizer Inc. is a genuine name that brings forth dietary supplements as a primary means for health. Since its formation in 1849, it has been based in New York City. Items from Pfizer's Consumer Healthcare segment include the famous multivitamin brand Centrum®. In 2011, Pfizer introduced ProNutrients, a line of supplements developed to enhance multivitamins. The venture into the supplement market positions Pfizer as a way to uphold health across the globe.
Herbalife Nutrition Ltd. was set up in 1980 in Los Angeles, California, and is an international nutrition enterprise. They are in the business of weight management, protein drinks, and dietary supplements. The sale of Formula 1 accounted for roughly 30% of sales in 2015, making it the most popular product of the company. The manufacturer of Herbalife is operated using the "seed to feed" framework in the United States and China, making all the ingredients extremely safe and traceable.
DSM and Firmenich joined forces in 2023 to have DSM-Firmenich as a global leader in health, nutrition, and care. The company sells a broad spectrum of dietary supplements such as vitamins, minerals, and amino acids to meet several health needs. In 2024, the company had a strong showing in supplements, attributed to the increasing drive toward preventive health care and personalized nutrition solutions. Propelled by the commitment to innovation and sustainability, the company now has made inroads into becoming a big player in the global dietary supplement business.
Archer Daniels Midland (ADM), a global leader in nutrition founded in 1902 and headquartered in Chicago, Illinois, has been a major player in the dietary supplement market. A major supplier to forumulation includes everything under the sun, starting with plant-based proteins, fibers, vitamins, and minerals. Revenue of $3.8 billion in 2024 came from the nutrition sector. Development in terms of unremitting growth will be the thrust of their operations and expansion into the ever rapidly growing nutrition, integrated nutrition, and food ingredients arena.
The top ten dietary supplements businesses featured in this report highlight the breadth and strength of the global nutrition and wellness industry. Among other products and solutions, they sell famous brands (Apple and Nestlé Health Science) as well as niche brands (Nutrilite and Pharmavite). All types of business are keeping innovation flowing, promoting health, and shaping the global market for dietary supplements, responding to the interests of people globally looking for nutritional solutions, vitamins, minerals, or protein supplements, regardless of their health and wellness interests.
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Vitamins are the most popular type of dietary supplements due to high consumer awareness around them and a recognized vital role in preventive care, energy, and immune function. Probiotics are also on the rise due to increasing interests around gut health.
Plant-based and vegan supplements are on the rise, particularly among Millennials and Gen Z but subsequently elevating contract manufacturing of niche formulations such as keto, vegan, and Ayurvedic supplements. This trend highlights consumer interest in clean-label and allergen-free products.
Probiotics are supporting strong market growth due to increased interest in the digestive, immune and mental health space. Enzymes contribute as they relate to addressing gut-related concerns, pursuing a path of consumers seeking supplements to assist with holistic internal wellness and digestive performance.
Yes, personalized supplements are growing quickly. Companies are capitalizing on biometric-based tools to create personalized nutrition solutions, while recent acquisitions aim to bolster personalized wellness platforms highlighting an increasing demand for customized supplement experiences.
Among the innovations is liposomal encapsulation technology - this is a major advancement that can improve absorption of nutrients, protecting instances, such as glutathione, which degrade in the digestive tract. From a nutrient delivery perspective, some see this as groundbreaking for developing supplement products.
E-commerce affects dietary supplement sales positively because of its convenience, wider access, and the increased number of choices. Digital health platforms and online purchases are increasing the engagement of consumers towards dietary supplements - mass availability of choices in flavored liquids, powders, and gummies will generate a rebound in engagement, and lead to overall market growth.
Consumers will primarily draw from their experiences as well as influence from their health, lifestyle, and affordability. Tablets will still be preferred by many consumers because of shelf life and affordability whereas preferred flavoring of liquids will most likely benefit children, seniors/easy method of consumption.
As subscription services emerge, as in the case of the UK, more opportunities for online supplement-based distribution will continue to grow. This fits in with consumer preference for convenience, and consistency for lifestyle choices to enhance their health.
Yes, dietary supplements in India do require FSSAI approval. The regulatory framework gives assurance of product safety and facilitates the growth of the market, as evident by government programs such as Ayushman Bharat made in promotions of Health and Wellness, and Ayush Products made it easier for manufacturers to build holistic and wellness supplement products.
GMP requirements of dietary supplements are to ensure adequate quality, safety, and compliance with regulations. Having a contract manufacturer that is GMP compliant helps supplement brands (like respect in allergen-free, clean-label, and some specialty formulations) provide niche and specialty supplements without the burden of funding and maintaining manufacturing capacity.
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