Food Supplement and Drink Market: Global Industry Analysis and Forecast (2024-2030) by Service Type, Organization Size, Deployment Model, Service Model, End-User and Region.

Global Food Supplement and Drink Market size was valued at USD 5.65 Bn in 2023 and is expected to reach USD 10.13 Bn by 2030, at a CAGR of 8.70% forecast year.

Format : PDF | Report ID : SMR_1466

Global Food Supplement and Drink Market Overview

The nutraceutical market includes functional foods, foods for medical purposes. And food supplements, supplements are often recommended by the doctors or pharmacist for the purpose of treatment or prevention. Supplement nutrition drink contains fats, proteins, carbohydrates, and added vitamins and minerals. Some may also contain added fibre. Supplemental drinks are designed to provide extra calories, protein, and other nutrients that are lacking when food intake is inadequate.

Food Supplement and Drink Market

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Global Food Supplement and Drink Market dynamics

Increasing demand for personalized nutrition boost the Global Food Supplement and Drink Market growth

As a people become more conscious of holistic well-being, the demand for personalized diets and supplement has increased significantly .the growing consumers health awareness rising disposable income across regions have encourages people to shift to personalized nutrition. The changing consumer preferences for health and wellness products have led to high demand for individually customized diets. There is an increasing trend of adopting a genetically based personalized diet due to consumers being more nutrition specific.

The healthy food Trends

Companies are now offering personalised nutritional solutions based on an individual specific health and wellness needs. With the growing demand for plant based and vegan product, there has been a significant shift and increase in the availability nutraceutical products made from natural, non-animal based ingredients. According to the stellar report the healthy food trends of 2024 to 2030 are as follows

Economical eats
More plant based options
Plants in more places
Cultured meat
Eco conscious eating
Seafood

Global Food Supplement and Drink Market opportunities and growth

The total gross Global Food Supplement and Drink Market in India is rapidly growing, which can reach up to 10.60 billion. at the end of 2029. As far as dietary supplements market is concerned, globally, the market was very big in 2022 & the earning was Us 5.2 billion at 8.70 % as an annual growth rate. Based on some reviews, the Indian market is expected to reach $4million by the end of 2029. Further, it is also likely to show the significant growth of 20% in India by 2022 & expected value of sales would be $6.4million.This market is under projection to deliver compound annual growth rate (CAGR) 8.70% within 2024-2030.

As per stellar report, India represents 2% only of world nutraceuticals products as per capita spent US$ 2.5 compared to the global average US$21.Apart from dietary supplements, this market is comprising of two more major segments like functional foods & beverages which we consume in our day to day life. This industry is very big, having so many branches, including antioxidants supplements, functional beverage, probiotics, vitamins, fat burners and many more.

Global Food Supplement and Drink Market challenges

The Food Supplement and Drink Market facing intense competition, numerous brands trying to grab consumer’s attention. This makes it difficult to stand out and build brand loyalty additionally the markets rapid evolution requires continuous innovation to meet consumers preferences and trends of health. Supply chain disruptions ingredient sourcing difficult and sustainability concerns and other challenges ensuring a stable supply of quality ingredient while minimizing environmental impact is a delicate balance.

Global Food Supplement and Drink Market Regional insights.

Asia Pacific dominated the dietary supplements industry and accounted for the largest revenue share of 34.91% in 2023, owing to the growing consumer base in countries including India, China, South Korea, and others. It is projected to witness a CAGR of 12.6% over the forecast period due to increasing expenditure on health-enhancing products in the region owing to growing per capita income.

North America is a key market for dietary supplements due to strong consumer buying power, a developed health and wellness industry, and the presence of the latest self-care trends. The growing lifestyle disorders and cardiac health issues are projected to drive the demand for dietary supplements in North America. Growing healthcare cost in North American countries such as the U.S. is likely to shift consumers towards self-directed care, further driving the demand for dietary supplements targeted at overall health.

Global Food Supplement and Drink Market Segment Analysis

This report forecasts revenue growth at global, regional and country levels and provides analysis of the latest industry trends and opportunities in each of the sub segments from 2024 to 2030. For this study, stellar market research has segmented the global Food Supplement and Drink Market report based on by parameters, distribution channel, applications, product type and objectives.

Food Supplement and Drink Market

Global Food Supplement and Drink Market Competitive Landscape

The competitive analysis of the Market includes the Market size, growth rate and key trends. The report provides information about the Key companies, such as their size, Food Supplement and Drink Market share, and geographic presence. The report provides such type of competitive landscape of all Global Food Supplement and Drink Market Key Players to assist new market entrants. The report provides such type of competitive landscape of all Key Players to assist new market entrants. The report offers Competitive benchmarking of the Global Food Supplement and Drink Market industry through the Market revenue, share and size of the key players.

Food Supplement and Drink Market
Market Size in 2023	USD 5.65 bn.
Market Size in 2030	USD 10.13 bn.
CAGR (2024-2030)	8.70 Percent
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Parameters Type Vitamin profile Fat profile Protein profile Others
	By Application Sports Healthcare others
	By Distribution Channel Hypermarkets Convenience stores Retail store Online retail store Others
	By Objective Product labelling New product development Regulation compliance
	By Product Type Beverage Snacks Condiments Meat and poultry Bakery and confectionery Dairy and desserts Fruits and vegetables Edible fats and oils Others
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

Global Food Supplement and Drink Market Key Player

Nestle
Amway
Abbot
Pepsi co
The coca cola company
unlilever
Johnson and johnson
glaxosmithkline
P and g
herbalife
yakult
danone
mars
archer Daniel midland company
kellog company
blackmores limited
natures bounty limited
swiss wellness
Otsuka pharmaceutical
Naturex
Suntory beverage and food
Rockitt benckiser

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Frequently Asked Questions

1] What is the growth rate of the Global Food Supplement and Drink Market?

The Global Food Supplement and Drink Market is growing at a significant rate of 8.70% during the forecast period.

2] Which region is expected to dominate the Global Food Supplement and Drink Market?

Asia pacific is expected to dominate the Global Food Supplement and Drink Market during the forecast period.

3] What is the expected Global Food Supplement and Drink Market by 2030?

The Global Food Supplement and Drink Market size is expected to reach USD 10.13 Bn by 2030.

4] Which are the top players in the Global Food Supplement and Drink Market?

The major top players in the Global Food Supplement and Drink Market are nestle, Amway, herbal life, GNC holdings, abbot and others.

5] What are the factors driving the Global Food Supplement and Drink Market?

Increased demand for personalized nutrition are Global Food Supplement and Drink Market expected to drive market growth during the forecast period.

1.   Global Food Supplement and Drink Market: Research Methodology
2.   Global Food Supplement and Drink Market: Executive Summary
3.   Global Food Supplement and Drink Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Competitive Landscape
3.3. Key Players Benchmarking
3.4. Market Structure
3.4.1.   Market Leaders
3.4.2.   Market Followers
3.4.3.   Emerging Players
3.5. Consolidation of the Market
4.   Global Food Supplement and Drink Market: Dynamics
4.1. Market Trends by Region
4.1.1.   North America
4.1.2.   Europe
4.1.3.   Asia Pacific
4.1.4.   Middle East and Africa
4.1.5.   South America
4.2. Market Drivers by Region
4.2.1.   North America
4.2.2.   Europe
4.2.3.   Asia Pacific
4.2.4.   Middle East and Africa
4.2.5.   South America
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.7. PESTLE Analysis
4.8. Value Chain Analysis
4.9. Regulatory Landscape by Region
4.9.1.   North America
4.9.2.   Europe
4.9.3.   Asia Pacific
4.9.4.   Middle East and Africa
4.9.5.   South America
5.   Global Food Supplement and Drink Market Size and Forecast by Segments (by Value USD and Volume Units)
5.1. Global Food Supplement and Drink Market Size and Forecast, By parameters type(2024-2030)
5.1.1.   Vitamin profile
5.1.2.   Fat profile
5.1.3.   Protein profile
5.1.4.   Others
5.2. Global Food Supplement and Drink Market Size and Forecast, By application (2024-2030)
5.2.1.   Sports
5.2.2.   Healthcare
5.2.3.   Others
5.3. Global Food Supplement and Drink Market Size and Forecast, By distribution channel (2024-2030)
5.3.1.   hypermarkets
5.3.2.   Convenience stores
5.3.3.   Retail store
5.3.4.   Online retail store
5.3.5.   Others
5.4. Global Food Supplement and Drink Market Size and Forecast, By objective (2024-2030)
5.4.1.   product labelling
5.4.2.   New product development
5.4.3.   Regulation compliance
5.5. Global Food Supplement and Drink Market Size and Forecast, By product type (2024-2030)
5.5.1.   Beverage
5.5.2.   Snacks
5.5.3.   Condiments
5.5.4.   Meat and poultry
5.5.5.   Bakery and confectionery
5.5.6.   Dairy and desserts
5.5.7.   Fruits and vegetables
5.5.8.   Edible fats and oils
5.5.9.   Others
5.6. Global Food Supplement and Drink Market Size and Forecast, by Region (2024-2030)
5.6.1.   North America
5.6.2.   Europe
5.6.3.   Asia Pacific
5.6.4.   Middle East and Africa
5.6.5.   South America
6.   North America Global Food Supplement and Drink Market Size and Forecast (by Value USD and Volume Units)
6.1. North America Global Food Supplement and Drink Market Size and Forecast, By parameters type(2024-2030)
6.1.1.   Vitamin profile
6.1.2.   Fat profile
6.1.3.   Protein profile
6.1.4.   Others
6.2. North America Global Food Supplement and Drink Market Size and Forecast, By application (2024-2030)
6.2.1.   Sports
6.2.2.   Healthcare
6.2.3.   Others
6.3. North America Global Food Supplement and Drink Market Size and Forecast, By distribution channel (2024-2030)
6.3.1.   hypermarkets
6.3.2.   Convenience stores
6.3.3.   Retail store
6.3.4.   Online retail store
6.3.5.   Others
6.4. North America Global Food Supplement and Drink Market Size and Forecast, By objective (2024-2030)
6.4.1.   product labelling
6.4.2.   New product development
6.4.3.   Regulation compliance
6.5. North America Global Food Supplement and Drink Market Size and Forecast, By product type (2024-2030)
6.5.1.   Beverage
6.5.2.   Snacks
6.5.3.   Condiments
6.5.4.   Meat and poultry
6.5.5.   Bakery and confectionery
6.5.6.   Dairy and desserts
6.5.7.   Fruits and vegetables
6.5.8.   Edible fats and oils
6.5.9.   Others
6.6. North America Global Food Supplement and Drink Market Size and Forecast, by Country (2024-2030)
6.6.1.   United States
6.6.2.   Canada
6.6.3.   Mexico
7.   Europe Global Food Supplement and Drink Market Size and Forecast (by Value USD and Volume Units)
7.1. Europe Global Food Supplement and Drink Market Size and Forecast, By parameters type(2024-2030)
7.1.1.   Vitamin profile
7.1.2.   Fat profile
7.1.3.   Protein profile
7.1.4.   Others
7.2. Europe Global Food Supplement and Drink Market Size and Forecast, By application (2024-2030)
7.2.1.   Sports
7.2.2.   Healthcare
7.2.3.   Others
7.3. Europe Global Food Supplement and Drink Market Size and Forecast, By distribution channel (2024-2030)
7.3.1.   hypermarkets
7.3.2.   Convenience stores
7.3.3.   Retail store
7.3.4.   Online retail store
7.3.5.   Others
7.4. Europe Global Food Supplement and Drink Market Size and Forecast, By objective (2024-2030)
7.4.1.   product labelling
7.4.2.   New product development
7.4.3.   Regulation compliance
7.5. Europe Global Food Supplement and Drink Market Size and Forecast, By product type (2024-2030)
7.5.1.   Beverage
7.5.2.   Snacks
7.5.3.   Condiments
7.5.4.   Meat and poultry
7.5.5.   Bakery and confectionery
7.5.6.   Dairy and desserts
7.5.7.   Fruits and vegetables
7.5.8.   Edible fats and oils
7.5.9.   Others
7.6. Europe Global Food Supplement and Drink Market Size and Forecast, by Country (2024-2030)
7.6.1.   UK
7.6.2.   France
7.6.3.   Germany
7.6.4.   Italy
7.6.5.   Spain
7.6.6.   Sweden
7.6.7.   Austria
7.6.8.   Rest of Europe
8.   Asia Pacific Global Food Supplement and Drink Market Size and Forecast (by Value USD and Volume Units)
8.1. Asia Pacific Global Food Supplement and Drink Market Size and Forecast, By parameters type(2024-2030)
8.1.1.   Vitamin profile
8.1.2.   Fat profile
8.1.3.   Protein profile
8.1.4.   Others
8.2. Asia Pacific Global Food Supplement and Drink Market Size and Forecast, By application (2024-2030)
8.2.1.   Sports
8.2.2.   Healthcare
8.2.3.   Others
8.3. Asia Pacific Global Food Supplement and Drink Market Size and Forecast, By distribution channel (2024-2030)
8.3.1.   hypermarkets
8.3.2.   Convenience stores
8.3.3.   Retail store
8.3.4.   Online retail store
8.3.5.   Others
8.4. Asia Pacific Global Food Supplement and Drink Market Size and Forecast, By objective (2024-2030)
8.4.1.   product labelling
8.4.2.   New product development
8.4.3.   Regulation compliance
8.5. Asia Pacific Global Food Supplement and Drink Market Size and Forecast, By product type (2024-2030)
8.5.1.   Beverage
8.5.2.   Snacks
8.5.3.   Condiments
8.5.4.   Meat and poultry
8.5.5.   Bakery and confectionery
8.5.6.   Dairy and desserts
8.5.7.   Fruits and vegetables
8.5.8.   Edible fats and oils
8.5.9.   Others
8.6. Asia Pacific Global Food Supplement and Drink Market Size and Forecast, by Country (2024-2030)
8.6.1.   China
8.6.2.   S Korea
8.6.3.   Japan
8.6.4.   India
8.6.5.   Australia
8.6.6.   Indonesia
8.6.7.   Malaysia
8.6.8.   Vietnam
8.6.9.   Taiwan
8.6.10.   Bangladesh
8.6.11.   Pakistan
8.6.12.   Rest of Asia Pacific
9.   Middle East and Africa Global Food Supplement and Drink Market Size and Forecast (by Value USD and Volume Units)
9.1. Middle East and Africa Global Food Supplement and Drink Market Size and Forecast, By parameters type(2024-2030)
9.1.1.   Vitamin profile
9.1.2.   Fat profile
9.1.3.   Protein profile
9.1.4.   Others
9.2. Middle East and Africa Global Food Supplement and Drink Market Size and Forecast, By application (2024-2030)
9.2.1.   Sports
9.2.2.   Healthcare
9.2.3.   Others
9.3. Middle East and Africa Global Food Supplement and Drink Market Size and Forecast, By distribution channel (2024-2030)
9.3.1.   hypermarkets
9.3.2.   Convenience stores
9.3.3.   Retail store
9.3.4.   Online retail store
9.3.5.   Others
9.4. Middle East and Africa Global Food Supplement and Drink Market Size and Forecast, By objective (2024-2030)
9.4.1.   product labelling
9.4.2.   New product development
9.4.3.   Regulation compliance
9.5. Middle East and Africa Global Food Supplement and Drink Market Size and Forecast, By product type (2024-2030)
9.5.1.   Beverage
9.5.2.   Snacks
9.5.3.   Condiments
9.5.4.   Meat and poultry
9.5.5.   Bakery and confectionery
9.5.6.   Dairy and desserts
9.5.7.   Fruits and vegetables
9.5.8.   Edible fats and oils
9.5.9.   Others
9.6. Middle East and Africa Global Food Supplement and Drink Market Size and Forecast, by Country (2024-2030)
9.6.1.   South Africa
9.6.2.   GCC
9.6.3.   Egypt
9.6.4.   Nigeria
9.6.5.   Rest of ME&A
10.   South America Global Food Supplement and Drink Market Size and Forecast (by Value USD and Volume Units)
10.1. South America Global Food Supplement and Drink Market Size and Forecast, By parameters type(2024-2030)
10.1.1.   Vitamin profile
10.1.2.   Fat profile
10.1.3.   Protein profile
10.1.4.   Others
10.2. South America Global Food Supplement and Drink Market Size and Forecast, By application (2024-2030)
10.2.1.   Sports
10.2.2.   Healthcare
10.2.3.   Others
10.3. South America Global Food Supplement and Drink Market Size and Forecast, By distribution channel (2024-2030)
10.3.1.   hypermarkets
10.3.2.   Convenience stores
10.3.3.   Retail store
10.3.4.   Online retail store
10.3.5.   Others
10.4. South America Global Food Supplement and Drink Market Size and Forecast, By objective (2024-2030)
10.4.1.   product labelling
10.4.2.   New product development
10.4.3.   Regulation compliance
10.5. South America Global Food Supplement and Drink Market Size and Forecast, By product type (2024-2030)
10.5.1.   Beverage
10.5.2.   Snacks
10.5.3.   Condiments
10.5.4.   Meat and poultry
10.5.5.   Bakery and confectionery
10.5.6.   Dairy and desserts
10.5.7.   Fruits and vegetables
10.5.8.   Edible fats and oils
10.5.9.   Others
10.6. South America Global Food Supplement and Drink Market Size and Forecast, by Country (2024-2030)
10.6.1.   Brazil
10.6.2.   Argentina
10.6.3.   Rest of South America
11.   Company Profile: Key players
11.1. Nestle
11.1.1.   Company Overview
11.1.2.   Financial Overview
11.1.3.   Business Portfolio
11.1.4.   SWOT Analysis
11.1.5.   Business Strategy
11.1.6.   Recent Developments
11.2. Amway
11.3. Abbot
11.4. Pepsi co
11.5. The coca cola company
11.6. unlilever
11.7. Johnson and johnson
11.8. glaxosmithkline
11.9. P and g
11.10. herbalife
11.11. yakult
11.12. danone
11.13. mars
11.14. archer Daniel midland company
11.15. kellog company
11.16. blackmores limited
11.17. natures bounty limited
11.18. swiss wellness
11.19. Otsuka pharmaceutical
11.20. Naturex
11.21. Suntory beverage and food
11.22. Rockitt benckiser
12.   Key Findings
13.   Industry Recommendation