Nutraceuticals & Dietary Supplements Industry Outlook (2024-2025)

Report Code FB 9264
Published in Dec, 2024, By MarketsandMarkets™
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Nutraceuticals & Dietary Supplements Industry Outlook (2024-2025) – Personalized Nutrition, Sustainability, and Technological Advancements Shaping the Future of Wellness

Overview

The nutraceuticals and dietary supplements industry is undergoing transformative shifts driven by sustainability, technology, and innovation. These changes focus on improving product efficacy, personalization, and consumer engagement, signaling a move toward more sustainable and technologically advanced solutions. A growing emphasis is placed on plant-based and functional ingredients, with emerging trends highlighting the popularity of adaptogens, probiotics, and plant-based proteins. Ingredients such as ashwagandha, turmeric, and mushroom extracts are gaining traction due to their health benefits and sustainability. These natural ingredients, rich in bioactive compounds, cater to consumer demands for holistic wellness, offering solutions for stress management, immune support, and cognitive health.

Additionally, the rise of personalized nutrition is reshaping the industry, with consumers increasingly seeking tailored supplements that match their specific health needs. Advancements in biotechnology and AI are enabling companies to offer customized supplements based on individual genetic profiles, health goals, and lifestyle factors. Evonik Industries AG (Germany) is a global leader in specialty chemicals and has a strong presence in the nutraceuticals market. In 2024, the company introduced several innovations, showcased at Vitafoods Europe 2024. It launched AvailOm, a unique omega-3 powder combined with Boswellia serrata for joint health. It also presented IN VIVO BIOTICS, synbiotic solutions designed to enhance gut health, outperforming traditional enzyme-based aids in gluten degradation. Evonik further expanded its Healthberry portfolio into the US market following the FDA registration of its Norwegian facility. The company remains committed to sustainability, focusing on ethically sourced ingredients and minimizing environmental impact, aligning with consumer demands for transparency and responsible sourcing.

Recent developments in sustainable sourcing and packaging are also redefining the market. Companies are prioritizing eco-friendly packaging, and the use of sustainably sourced ingredients is becoming a key differentiator. As consumer awareness of environmental issues grows, the demand for clean, traceable, and responsibly sourced products rises. The future of nutraceuticals and dietary supplements lies in innovation, with companies that invest in R&D, personalization, and sustainability well-positioned to meet the evolving needs of health-conscious consumers.

Nutraceuticals and Dietary Supplements Outlook

2024

The nutraceuticals and dietary supplements industry witnessed several unconventional trends. These emerging patterns highlight a shift in focus from efficiency and cost-effectiveness to innovation, sustainability, and technology integration.

  • Growth of Personalized Nutrition: The demand for personalized dietary supplements is expanding, driven by advancements in AI and biotechnology. Companies increasingly offer customized solutions based on genetic profiles, health goals, and lifestyle factors, enabling consumers to address specific health concerns more effectively. This trend reflects a broader shift toward tailored wellness solutions, focusing on individual needs rather than a one-size-fits-all approach. For instance, in June 2024, Nestlé Health Science launched a personalized GLP-1 nutrition support platform in the US. The platform offers tailored nutritional solutions to consumers on weight loss therapies, focusing on muscle preservation, gut health, and micronutrient intake. This innovation positions Nestlé as a key player in personalized nutrition.
  • Rise of Plant-based and Functional Ingredients: There has been a rise in the use of plant-based and functional ingredients as consumers prioritize natural and holistic wellness solutions. Ingredients such as ashwagandha, turmeric, probiotics, and plant-based proteins are gaining popularity due to their health benefits, including stress management, immune support, and cognitive enhancement. This aligns with growing interest in vegan and vegetarian diets and clean-label products.
  • Sustainability and Eco-friendly Practices: The nutraceuticals and dietary supplements industry is increasingly focused on sustainability. Companies prioritize using sustainably sourced ingredients, eco-friendly packaging, and ethical manufacturing practices. As environmental concerns grow, consumers demand transparency about product origins, supply chains, and carbon footprints, driving the industry to adopt greener practices and certifications such as Fairtrade International (focused on fair working conditions) and USDA Organic (ensuring organic and chemical-free sourcing). These certifications reflect a commitment to environmentally and socially responsible production, helping build consumer trust and meet growing environmental concerns.
  • Innovations in Biotechnology and Delivery Systems: Advancements in biotechnology, such as the use of cultured microbial proteins and bioengineered supplements, are transforming the industry. Innovations in delivery systems, such as liquid-filled capsules, gummies, and personalized powders, are also gaining momentum, making supplements more convenient, effective, and palatable. These advancements are opening new growth opportunities, especially in functional foods and nutraceutical beverages.
  • Regulatory Developments and Consumer Trust: Regulatory oversight continues to evolve, with governments and organizations tightening guidelines on ingredient safety, product efficacy, and labeling standards. This fosters consumer trust and promotes higher product quality. Improved focus on GMP (good manufacturing practices) certifications and third-party testing is driving transparency, ensuring that consumers feel confident in the safety and effectiveness of their supplement choices.

2025

The nutraceuticals and dietary supplements industry witnessed several unconventional trends. These emerging patterns highlight a shift in focus from efficiency and cost-effectiveness to innovation, sustainability, and technology integration.

  • Expansion of Targeted Health Solutions: In 2025, the nutraceuticals and dietary supplements industry is expected to see continued growth in targeted health solutions. With an increasing emphasis on specific health concerns such as joint health, brain function, and gut microbiota balance, supplements will be more scientifically formulated to meet the needs of consumers seeking preventative or therapeutic solutions for chronic conditions. The trend toward hyper-targeted products will be driven by improved consumer awareness, precision medicine, and advancements in genomics.
  • Integration of Digital Health Technologies: Digital health technologies will likely be pivotal in the nutraceuticals industry by 2025. Wearable health devices, mobile health apps, and AI-powered platforms will allow consumers to track their health metrics in real time and receive personalized supplement recommendations. This data-driven approach to supplementation will enable companies to offer more customized products and cater to individual health profiles and goals.
  • Proliferation of Clean Label and High Demand for Transparency: Consumers will continue to demand clean-label products free from artificial additives, preservatives, and unnecessary chemicals. By 2025, the demand for transparency in sourcing, manufacturing, and ingredient formulations will also intensify, emphasizing plant-based, non-GMO, organic, and sustainably sourced ingredients. Companies must align their operations with these expectations to maintain consumer trust and loyalty in an increasingly competitive market.
  • Focus on Preventive and Holistic Health: The nutraceuticals and dietary supplements industry will shift toward preventative health and holistic wellness, with consumers seeking supplements that address specific ailments and support long-term health and vitality. The integration of adaptogens, prebiotics, probiotics, and functional foods will be central to this movement, subject to the growing preference for supplements that offer benefits such as immune support, stress relief, and enhanced energy while promoting overall well-being.
  • Regulatory Evolution and Innovation in Claims: As the nutraceuticals and dietary supplement industry grows, regulatory frameworks will continue to evolve. By 2025, more countries worldwide are expected to introduce stricter regulations to ensure safety, efficacy, and clear product claims. In response, manufacturers will focus on innovation in clinical studies and research to back up health claims, ensuring compliance with evolving regulatory standards and improving the industry’s credibility.

The MarketsandMarkets Nutraceuticals and Dietary Supplements Industry Outlook 2024 report can help prepare consumers and market leaders for the year ahead. The report incorporates years of experience in the rapidly expanding nutraceuticals and dietary supplements industry, the opinions of industry experts, comprehensive evaluations by analysts, and extensive interviews with stakeholder groups worldwide.

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Table Of Contents

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TITLE
PAGE NO
EXECUTIVE SUMMARY
1
  • 1.1 TOP DEVELOPMENTS IN 2024
  • 1.2 KEY PREDICTIONS FOR 2025
RESEARCH SCOPE, OBJECTIVES, AND METHODOLOGY
2
  • 2.1 STUDY SCOPE
  • 2.2 STUDY OBJECTIVES, METHODOLOGY, KEY INFORMATION AREAS, AND TARGETED PERSONAS
GLOBAL MACROECONOMIC ANALYSES
3
  • 3.1 GLOBAL AND REGIONAL ECONOMIC ANALYSES
  • 3.2 MACROECONOMIC KPIS
GLOBAL MACROECONOMIC ANALYSES
4
  • 4.1 NUTRACEUTICALS & DIETARY SUPPLEMENTS INDUSTRY PERFORMANCE: 2023 VS. 2024
  • 4.2 KEY DEVELOPMENTS IN 2024
  • 4.3 COMPETITIVE ANALYSIS (2023 VS. 2024)
GLOBAL NUTRACEUTICALS & DIETARY SUPPLEMENTS INDUSTRY OUTLOOK IN 2025
5
  • 5.1 TOP 10 NUTRACEUTICALS & DIETARY SUPPLEMENTS INDUSTRY-SPECIFIC TRENDS FOR 2025
  • 5.2 NUTRACEUTICALS & DIETARY SUPPLEMENTS INDUSTRY PERFORMANCE: 2024 VS. 2025
KEY GROWTH OPPORTUNITIES AND RECOMMENDATIONS
6
KEY ABOUT MARKETSANDMARKETS
7
KEY LEGAL DISCLAIMER
8

 

The Nutraceuticals & Dietary Supplements industry in 2024 is set for significant growth, driven by evolving consumer health consciousness, increased demand for functional foods, and personalized nutrition. As consumers become more proactive in managing their health, there is a marked shift towards plant-based, clean-label, and sustainable products. The rise of gut health innovations, such as prebiotics, probiotics, and fermented foods, is creating new revenue pockets. Additionally, the demand for supplements targeting specific health concerns, such as immune support, cognitive health, and weight management, continues to rise. The market is further bolstered by advancements in technology, like AI-powered personalized nutrition platforms and enhanced production methods. By 2025, the industry is expected to expand with greater integration of digital health solutions, such as virtual consultations and subscription services. Increased regulatory clarity and innovation will shape market dynamics, creating substantial growth opportunities in various segments, from aging solutions to clean-label products.

The objectives of the report on Nutraceuticals & Dietary Supplements industry outlook, 2024 are mentioned as follows:

  • To understand the performance of the Nutraceuticals & Dietary Supplements industry in 2024
  • Analyze the micro and macroeconomic factors driving the growth of the Nutraceuticals & Dietary Supplements industry in 2024.
  • To analyze the top developments and disruptions that took place in 2024
  • To understand the key trends that are likely to impact the industry in 2025
  • To estimate the performance of the industry at the global level as well as for each of the key regions considered in the report and by sectors/segments
  • To identify growth opportunities and provide recommendations for market participants to tap opportunities
  • To understand the current state of the Nutraceuticals & Dietary Supplements industry and to gain insights into the shifting consumer preferences within the market

The report will provide a detailed analysis of the Nutraceuticals & Dietary Supplements industry, encompassing statistical data and forecasts for market performance in 2024 and projected growth for 2025. It will include insights into key market segments such as personalized nutrition, functional foods, probiotics, plant-based supplements, and innovations in delivery systems. The report will also explore regional variations and country-specific developments, highlighting key growth areas.

The study will focus on pivotal trends expected to shape the industry in 2024, including advancements in personalized nutrition driven by genetic profiling, increasing consumer demand for plant-based and clean-label products, and the growth of gut health solutions. There will be a strong emphasis on new delivery formats, such as soft gels, gummies, and functional beverages, which cater to evolving consumer preferences.

Key trends to be examined include:

  • Increased focus on immunity-boosting supplements driven by ongoing health concerns.
  • Growth in the use of plant-based ingredients due to sustainability concerns and dietary shifts.
  • Adoption of AI and data analytics for personalized supplement recommendations and optimized formulations.
  • Expansion of the market for mental health and cognitive function supplements, reflecting rising awareness about mental well-being.
  • Personalized nutrition is driven by advancements in genetic testing and tailored solutions.
  • Regulatory shifts around clean-label claims and sustainability in sourcing and manufacturing.

The report will also discuss how innovations in ingredients and formulations, as well as changes in consumer behavior, will drive growth in the sector. By leveraging historical performance and emerging trends, the report will forecast market growth in 2024 and provide a strategic outlook for the Nutraceuticals & Dietary Supplements industry’s future trajectory.

Scope

The base year considered in the report is 2024, and 2025 is the forecast year. The geographical scope includes North America, Europe, Asia Pacific, and Rest of the world.

Research Methodology

The research methodology involves three key components: (a) secondary research, incorporating historical data from MarketsandMarkets (MnM) reports and Knowledge Store, market data gathered from various associations, industry bodies, and third-party databases across regions, and the extraction of key trends, market drivers, and restraints from various industry articles, reports, and journals; (b) Expert Opinions, entailing interviews with key experts to collect insights on key trends, their impact, market drivers and restraints, and industry performance; and (c) MarketsandMarkets (MnM) Analysis. MnM consultants and analysts, with a combined experience exceeding 100 years, continually monitor the industry, regions, sectors, and players. This ongoing surveillance, coupled with existing market knowledge, forms the basis for analysis and market forecasting.

Who should be interested in the report?

This report is essential for stakeholders across the Nutraceuticals & Dietary Supplements ecosystem. It is particularly relevant for product manufacturers, ingredient suppliers, retailers, marketers, and distributors. The report provides valuable insights for teams focused on product innovation, marketing strategies, regulatory compliance, consumer health trends, and business development. Additionally, it is useful for industry professionals involved in R&D, strategic planning, and market expansion in regions with growing demand for nutraceuticals and dietary supplements.

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Growth opportunities and latent adjacency in Nutraceuticals & Dietary Supplements Industry Outlook (2024-2025)

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