North America Wellness Supplements Market

North America Wellness Supplements Market Size (2024 to 2029)

The size of the North America wellness supplements market is expected to be worth USD 70.53 billion in 2024 and grow at a CAGR of 5.82% from 2024 to 2029 to achieve USD 93.58 billion by 2029.

Wellness supplements are substances that you eat or drink and contain vitamins, minerals, herbs or other plants, amino acids or parts of these substances with the intention of providing the human body with nutrition to supplement a balanced diet. They can come in various forms including pills, capsules, tablets or in liquid form. They only serve as a supplement for the diet and should not be considered as a substitute. Inspite of their health benefits, they also pose a significant threat to your heath if consumed in excessive quantities. Like conventional medicines, dietary supplements also cause side effects in some cases or may trigger allergic reactions. Some common examples include, use of calcium and vitamin D supplements for stronger bones and use of folic acid supplements by pregnant women to prevent birth defects.

MARKET DRIVERS 

Factors driving the growth of the wellness supplements market in this region include rising geriatric population, include growing incidence of chronic diseases and increasing focus of consumers towards healthy lifestyles. The high demand for dermo-cosmetic products in the region is another driver for the market. The high number of diabetics and lactose intolerant patients also form a niche market that drives the industry.

MARKET RESTRAINTS

Inspite of being a financially rich region, the excessive costs of the products still put most high-end wellness products beyond the reach of the normal man. This along with the numerous protocols regarding manufacture of wellness supplements is expected to restrain the market.

This research report on the North America wellness supplements market is segmented and sub-segmented into the following categories.

SEGMENTAL ANALYSIS

North America Wellness Supplements Market Analysis By Products

• Dietary Supplements
  • Vitamin
  • Mineral
  • Protein and Herbal
• Fortified Food & Beverages
  • Omega Fatty Acid
  • Probiotic Food
  • Branded Iodinated Salt
  • Branded Wheat Flour
  • Energy Drinks
  • Sports Drinks
  • Fortified Juices
• Food Intolerance Products
  • Gluten-free
  • Lactose-free
  • Diabetic food
•  Dermo-Cosmetic Skin Essentials
  • Anti-Aging
  • Anti-Cellulite
  • Anti-Acne Supplements

North America Wellness Supplements Market By Region

• US
• Canada
• Rest of North America

The North American market is expected to dominate in the coming years as well, it is currently the largest revenue generator of the segment and holds over a third of the market share. The CAGR of the region is low as compared to other regions but this can be attributed to the fact that the region is mostly developed.

KEY MARKET PLAYERS

Major Key Players in the North America Wellness Supplements Market are Nestle S.A. (Switzerland), Abbott Laboratories (U.S.), Amway (U.S.), Otsuka Holdings Co., Ltd. (Japan), Herbalife Ltd. (U.S.), Archer Daniels Midland Company (U.S.), Glanbia plc (Ireland), NBTY, Inc. (U.S.), GNC Holdings Inc. (U.S.), Nu Skin Enterprises, Inc. (U.S.), Grupo Omnilife (Mexico), Forever Living (U.S.), Pola, Inc. (Japan), Shaklee Corporation (U.S.), and Usana Health Sciences Inc. (U.S.)