The vitamins in dosage market in the Philippines stood at USD 3.77 per capita in 2023. From 2024 to 2028, the market is forecasted to grow steadily, reaching USD 4.32 per capita by 2028. Year-on-year, the market shows a consistent growth pattern, with value increasing approximately by 3.71% from 2024 to 2025, 3.58% from 2025 to 2026, 3.22% from 2026 to 2027, and 3.35% from 2027 to 2028. The compound annual growth rate (CAGR) between 2024 and 2028 is approximately 3.46%, demonstrating a stable upward trend.
Future trends to watch for in this market include increasing health awareness among the population, an expanding middle class with greater disposable income, and a potential rise in demand for personalized vitamin supplements. Additionally, government initiatives focusing on preventive healthcare may also drive market growth.