North America Dietary Supplements Market Trends, Business Revenue Forecast and Statistics, Growth Prospective, Forecast
According to a new market research study on “North America Dietary Supplements Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type, Form, and Distribution Channel” is expected to reach US$ 90,428.79 million by 2028 from US$ 63,435.76 million in 2021. The market is estimated to grow at a CAGR of 5.2% from 2021 to 2028. The report provides trends prevailing in the North America dietary supplements market along with the drivers and restraints pertaining to the market growth. Growing awareness and popularity of dietary supplements and rising healthcare expenditure are the major factor driving the growth of the North America dietary supplements market. However, presence of counterfeit products hinders the growth of North America dietary supplements market.
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Dietary supplements are products designed to enhance nutritional intake by providing essential dietary ingredients. They are widely used to support a healthy lifestyle, replenish nutrient deficiencies, and maintain adequate dietary levels in the body. In recent years, the growing prevalence of diseases such as cancer, cardiovascular disorders, and medical conditions like diabetes, high blood pressure, obesity, and high cholesterol has fueled the popularity of dietary supplements across North America. Increasing health awareness and a focus on physical fitness have led millions of people across various age groups and backgrounds to embrace dietary supplements to improve their overall well-being.
Social media has played a pivotal role in promoting health and fitness trends, with platforms like Instagram, Twitter, and Pinterest driving the popularity of dietary supplements. Celebrities and influencers frequently share fitness regimes and highlight the benefits of dietary supplements, further boosting consumer interest. Additionally, the rising interest in bodybuilding and athletics has increased the demand for supplements, as athletes rely on them to enhance endurance, performance, and overall health. These factors are significantly driving the demand for dietary supplements across North America.
Impact of COVID-19 on the Dietary Supplements Market
North America, particularly the U.S., has been severely impacted by the COVID-19 pandemic. Disruptions in manufacturing facilities and raw material sourcing initially negatively affected the demand for dietary supplements. However, the pandemic has also heightened consumer focus on health and well-being, leading to increased demand for dietary supplements in the long term. For instance, according to an article published by the National Center for Biotechnology Information (NCBI), poor dietary patterns and pre-existing noncommunicable diseases (NCDs) such as diabetes, chronic lung diseases, and cardiovascular diseases (CVDs) have compromised immunity in many individuals. As a result, consuming approximately 25–38 grams per day of dietary supplements has been recommended to strengthen immunity and combat infections. This trend is expected to drive the demand for dietary supplements in the region.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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