IMARC Group has recently released a new research study titled “Liquid Dietary Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global liquid dietary supplements market size reached US$ 27.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 51.7 Billion by 2032, exhibiting a growth rate (CAGR) of 7.2% during 2024-2032. The market is experiencing steady growth driven by increasing consumer awareness of health and wellness, rising preference for convenient and easily digestible forms, and a growing aging population seeking nutritional support for overall well-being.
Global Liquid Dietary Supplements Market Trends:
The global liquid dietary supplements market is witnessing substantial growth, driven by several key factors, such as the increasing consumer awareness regarding health and wellness is propelling the demand for liquid dietary supplements as they are perceived as convenient and effective means of meeting nutritional needs. In line with this, the aging population, particularly in developed regions, is driving the market growth as elderly individuals seek supplements to maintain their health and vitality. Moreover, the growing fitness and sports nutrition industry is contributing to the expansion of the liquid dietary supplements market, with athletes and fitness enthusiasts incorporating these products into their regimes to enhance performance and recovery.
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Factors Affecting the Growth of the Liquid Dietary Supplements Industry:
Increasing Consumer Awareness
Consumer awareness regarding health and wellness is a primary driver behind the growth of the global liquid dietary supplements market. As individuals become more conscious of their nutritional intake, they are actively seeking convenient and effective solutions to meet their dietary needs. Liquid supplements offer an easy-to-consume option for those with busy lifestyles or dietary restrictions. The convenience factor, coupled with the perception of liquid supplements as quick and efficient sources of essential nutrients, is driving their popularity among consumers of all ages. Moreover, as people become more informed about the benefits of specific nutrients and their role in overall health, they are turning to liquid supplements as a means of complementing their diets and addressing nutritional gaps.
Aging Population
The aging population, particularly in developed regions, is a significant driver of the global liquid dietary supplements market. As individuals age, their nutritional needs may change, and they may require additional support to maintain optimal health and vitality. Liquid supplements are appealing to older adults due to their ease of consumption and digestion, making them a preferred option for those with age-related digestive issues or difficulty swallowing pills. Additionally, seniors are increasingly seeking supplements to support bone health, cognitive function, and immune system strength as they age.
Rising Prevalence of Lifestyle Diseases
The rising prevalence of lifestyle diseases such as obesity, diabetes, and cardiovascular disorders is driving the demand for liquid dietary supplements designed to support overall health and wellness. With sedentary lifestyles and poor dietary habits contributing to the increasing incidence of these conditions globally, consumers are turning to supplements as a proactive measure to manage their health. Liquid supplements offer a convenient way to incorporate essential vitamins, minerals, and other nutrients into one’s daily routine, aiding in weight management, blood sugar regulation, and heart health. Additionally, liquid supplements formulated with ingredients known for their therapeutic properties, such as omega-3 fatty acids and antioxidants, are gaining popularity among individuals looking to prevent or manage lifestyle-related health issues.
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Key Companies:
- Abbott Laboratories
- Amway (Alticor Global Holdings Inc)
- Arkopharma
- BASF SE
- Bayer AG
- DuPont de Nemours Inc.
- Glanbia plc
- GlaxoSmithKline plc
- Koninklijke DSM
Liquid Dietary Supplements Market Report Segmentation:
By Ingredient:
- Vitamins and Minerals
- Botanical
- Proteins and Amino Acids
- Others
Vitamins & minerals represent the largest segment by ingredient due to their essential role in supporting overall health and addressing nutritional deficiencies commonly experienced by consumers.
By Application:
- Bone and Joint Health
- Heart Health
- Immune Health
- Sports Nutrition
- Weight Loss
- Digestive Health
- Others
Sports nutrition represents the largest segment by application in the liquid dietary supplements market, as athletes and fitness enthusiasts increasingly rely on these products to enhance performance, aid in recovery, and support muscle growth and endurance.
By Distribution Channel:
- Supermarkets and Hypermarkets
- Health and Beauty Retail Stores
- Drug Stores
- Online Stores
Supermarkets & hypermarkets represent the largest segment by distribution channel in the liquid dietary supplements market, owing to their wide reach, convenient access, and diverse product offerings, appealing to a broad consumer base seeking health and wellness products.
Regional Insights:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
North America emerges as the largest market by region due to factors such as high consumer awareness regarding health and wellness, a well-established healthcare infrastructure, and a growing aging population with increasing disposable income levels, driving demand for nutritional supplements.
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Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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