Key Market Indicators
Global demand for vitamins is projected to grow significantly over the next five years. Sales are estimated to reach $4.02 billion by 2026, an increase of 1.4% on average year-on-year. This is due to an impressive 6.6% surge in the market in 2020. The United Kingdom, Australia, and India make up the top three largest markets for vitamins. American imports of vitamins are forecast to reach 3.9 million kilograms by 2026, a 0.7% year-on-year growth rate since 2001. Demand in the US has risen 11.6% in the same period. US exports of vitamins are expected to hit 21.3 million kilograms by 2026, with a 0.4% average year-on-year growth rate. Supply has increased 4.5% year-on-year since 2001.
Dietary Supplement Market Data and Forecasts
Improve your Knowledge with the latest Indicators and Trends
-
Herbal/Traditional Products: Global Market Patterns, Influences, and Future Possibilities
The global marketplace for botanical and indigenous products demonstrates substantial prowess. Nature-sourced remedies offer lucrative alternatives to conventional pharmaceutical solutions due to prevailing consumer preferences and a burgeoning health and wellness trend. Moreover, the robust growth of complementary and alternative medicine, driven by rising health-consciousness, promises substantial expansion. Further, these...
Discover more insights -
Herbal/Traditional Products: Global Market Dynamics and Emerging Trends Analysis
The international market for herbal and traditional products has experienced significant expansion over recent years, fueled by growing consumer interest in natural, organic, and ethically produced goods. This demand is being driven by a shift in consumer attitudes relating to health and wellbeing, with a growing segment of the market...
Discover more insights -
Health Sector: Evaluating Market Dynamics in the Global Natural Vitamin E Industry
Highlighting the global health sector, it's noticeable that there's an increase in the demand for natural Vitamin E products. This surge can be attributed to the rising consumer awareness regarding the substantial health benefits associated with its consumption, including improved immune function and prevention of certain types of cancer. The...
Discover more insights -
Tea and Infusions: Comprehending Market Sizes Across Diverse Global Landscapes
As consumers increasingly seek healthy and natural beverages, the global market for tea and infusions exhibits steady expansion. The Asia-Pacific region occupies a dominant market share, owing to the traditionally deep-seated tea culture. China and India especially stand out as major tea producers and consumers. Outside of Asia, growing health...
Discover more insights -
Vitamins & Minerals: A Comparative Analysis of Global Market Sizes and Trends
Recent data reveals an upward trajectory for both the vitamin and mineral markets on a global scale. The steady growth indicates a robust consumer base that values nutritional supplements. Technological advancements along with a prospering e-commerce sector have contributed to diversifying these markets, enabling easier access and therefore wider geographical...
Discover more insights