Food Supplement Ingredients Market Size, Share & Industry Analysis By Ingredient Type (Protein and Amino Acids, Vitamins and Minerals, Botanical Extracts, Carbohydrates (Dietary Fiber, Polysaccharides and Oligosaccharides, Sugar Alcohol), Probiotics, Others), By Form (Dry and Liquid), By End-Use Industry (Sports Nutrition, Medical Nutrition, Infant Nutrition and Others), and Regional Forecast, 2024-2032

The global food supplement ingredients market was valued at USD 15.06 billion in 2023 and is projected to grow from USD 16.11 billion in 2024 to USD 29.70 billion by 2032, exhibiting a CAGR of 7.95% during the forecast period. Asia Pacific dominated the food supplement ingredients market with a market share of 41.43% in 2023.

Food supplements, also known as dietary supplements, provide health benefits to the body. They help improve the immune and metabolic functions of the body and are available in the retail market in tablets, capsules, or powders. These supplements are composed of proteins, vitamins, minerals, amino acids, botanicals, carbohydrates, and other products.

Natural health solutions, including supplements, food and beverages, are becoming more popular among consumers, and the demand for food supplements is rising steadily. These products are an intermix of natural solutions and pharmaceuticals that provide health benefits to consumers. An increase in disposable income in developed and developing economies, growth in the geriatric population, and rising incidences of chronic disease are some of the major factors that are fueling the market growth. Consumers are focusing more on preventative healthcare by consuming natural ingredient-based products, which is fueling the global demand for food supplement ingredients.

Food Supplement Ingredients Market Trends

Increasing Focus on Sustainability and Eco-consciousness to Fuel Market Growth

The dietary supplements industry is committing to sustainability throughout the production chain, from sourcing to extraction. Companies are prioritizing local ingredients to reduce carbon footprints, promoting organic and certified channels, and managing resources, such as marine ingredients, responsibly. Consumers are increasingly looking for products that align with ethical and sustainable consumption. Companies that prioritize sustainable sourcing, production, and packaging practices while aligning with consumer values of ethical consumption are well-positioned to capitalize on this trend.

Moreover, veganism and vegetarian diets are increasing, particularly among younger consumers. As more people adopt plant-based diets, there is greater demand for plant-based supplements that can fill nutritional gaps and provide essential vitamins, minerals, and proteins. The increasing awareness of the nutritional benefits and environmental sustainability of plant-based products, combined with consumer preferences for natural and ethical products, is expected to continue driving the market's growth.

Food Supplement Ingredients Market Growth Factors

Growing Geriatric Population to Support Supplement Consumption Boosting Market's Growth

The geriatric population is increasing globally, which is prompting them to increasingly seek out products, including supplements, to proactively maintain health and wellness. There is a growing preference for products that can support specific health needs and address lifestyle disorders such as diabetes, obesity, and high blood pressure. This preventative approach is driving the growth of the food supplement ingredients market. Hence, manufacturers are innovating a wide range of specialized ingredients and formulations to address such health issues. For instance, in May 2024, Cepham, a supplier specializing in Ayurvedic ingredients, launched Luteye, an eye health formulation. The new formulation is designed to target the effects of aging on eye health.

Formulation of Plant-based and Clean-label Supplements is Emerging Trend

Clean-label ingredient-based supplements are gaining popularity among consumers. Consumers prefer products that are made of natural ingredients and do not have artificial additives. North America and Europe are the major markets where consumers prefer clean-label products. Consumers are increasingly opting for products that align with their values of sustainability and ethical consumption. For instance, as per a recent report published by Archer-Daniels-Midland Company in 2022, around 33% of consumers preferred supplements from natural sources, 32% required supplements that are free from allergens, and 32% searched for supplements without preservatives. This inclination towards clean-label products acts as one of the major factors boosting the growth of the sustainably sourced food supplement ingredients market.

RESTRAINING FACTORS

Lack of Global Regulatory Harmonization to Hinder Market Growth

The food supplement ingredients market is subject to strict regulations around health claims, safety requirements, and quality standards, which demand substantial investments in compliance from manufacturers. Navigating the ever-changing regulatory landscape remains a major challenge. Moreover, globally, there has to be yet a consensus on how dietary supplements are defined and regulated. Products considered supplements in one country may be regulated differently elsewhere, such as foods, medicines, or traditional remedies. This lack of harmonization poses challenges for a global market.

Food Supplement Ingredients Market Segmentation Analysis

By Ingredient Type Analysis

Proteins and Amino Acids Account for Largest Market Share Owing to Growing Demand for Energy-boosting Supplements

Based on ingredient type, the market is segmented into protein and amino acids, vitamins and minerals, botanical extracts, carbohydrates, probiotics, and others.

Among these, proteins and amino acids account for the largest market share in 2023. Proteins and amino acids are the most popular and widely consumed supplements in all age groups as they help to build muscles, repair tissue, and provide the body with necessary energy. Recreational sportspersons and athletes consume such supplements regularly to boost their performance. Hence, the demand for the ingredients required for manufacturing protein supplements is also increasing.

Moreover, vitamins and minerals are another major category, and the consumption of such supplements are also growing. As the geriatric population and dietary deficiency are growing rapidly due to imbalanced diets, the necessity to consume specific vitamins and minerals to cope with such deficiencies is also growing. Some of the popular vitamin and mineral ingredients used in the supplements include Vitamin D, E, A, calcium, and others.

Carbohydrates, such as dietary fiber, oligosaccharides, polysaccharides, and sugar alcohols, are also used to manufacture food supplements. These ingredients are used as energy sources and can be easily ingested and absorbed by the body. They assist in providing the necessary energy required by the consumer to carry out exercise and other normal physical activities. Hence, such ingredient-based supplements are popular among health-conscious consumers.

Another growing segment includes botanical extracts, probiotics, collagen, and others, which are also being used to manufacture dietary supplements. This growing demand for supplements is expected to support the market's growth.

By Form Analysis

Dry Accounts for Highest Market Share as such Ingredients are Economical and Support Easier Storage

Based on form, the market is categorized into dry and liquid.

The dry segment is expected to hold the major share of the global market and is predicted to grow at the fastest CAGR during the forecast period of 2024-2032. Dry ingredients can be easily blended into supplements, allowing for more convenient and enjoyable ways to take supplements. Such ingredients can also be easily applied to manufacture supplements and stored for a long time period. 

The liquid segment is expected to grow significantly in the forecast period. Liquid formulations allow for flexible dosing and customization, making them attractive to manufacturers looking to manufacture tailored health solutions. The liquid dietary supplements market is characterized by continuous innovation, with manufacturers developing new products that incorporate natural and organic ingredients.

By End-Use Analysis

Medical Nutrition Accounts for Highest Market Share Owing to Growing Nutritional Deficiencies Among Consumers Globally

Based on end-use industry, the market is classified into sports nutrition, medical nutrition, infant nutrition, and others.

The medical nutrition segment is expected to hold a majority part in the food supplement ingredients market share. Health supplement consumption is growing, and it provides immune system support, digestion aid, mental health promotion, and others. Medical nutrition is often prescribed to address specific dietary needs associated with these diseases, thus enhancing patient recovery and overall health. Rising healthcare expenditure globally is facilitating better access to medical nutrition products. As healthcare systems evolve and improve, there is a greater emphasis on nutritional interventions, which support the growth of the medical nutrition segment.

The sports nutrition segment is expected to grow significantly in the forecast period. The rise in the number of gyms, fitness centers, and sports academies is contributing to the growth of the sports nutrition market. As more people engage in sports and fitness activities, the demand for supplements to support their performance and recovery increases. The sports nutrition segment is thriving due to heightened health consciousness, product innovation, rising disposable incomes, the popularity of online retail, and the increasing focus on personalization. These factors collectively contribute to the robust growth of the sports nutrition market within the broader food supplement ingredients industry.

Apart from that, child nutrition is also growing steadily as parents are focusing more on their child's nutrition, growth, and overall development. With the increase in disposable income, the purchase of such supplements for children is also growing, which is boosting the demand for such ingredients in the child nutrition segment.

REGIONAL INSIGHTS

The market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

The Asia Pacific market size was valued at USD 6.24 billion in 2023 and accounted for the highest market share in 2023 globally. The aging population in countries such as Japan and China has increased the demand for nutritional supplements to address age-related health concerns and nutritional deficiencies. According to the Statistics Bureau of Japan, in 2022, the population aged 65 years old and over was 36,236 thousand. Older adults may struggle with maintaining a balanced diet due to factors such as decreased appetite or difficulty chewing. Supplements can help fill nutritional gaps and ensure adequate intake of essential vitamins and minerals. Moreover, higher disposable incomes further allow these consumers to invest more in preventive healthcare.

The North American region has seen a high prevalence of lifestyle-related health problems such as obesity, diabetes, and cardiovascular diseases. According to the  National Health and Nutrition Examination Survey 2022, nationally in the U.S., 41.9% of adults have obesity. This has driven consumers to seek out supplements and healthy foods that can help manage these conditions and promote overall well-being. Moreover, the aging population in North America is further fueling the demand for supplements that can support healthy aging, such as those targeting bone, joint, and cognitive health. Older adults are increasingly using specialized supplements, fueling the market growth of food supplement ingredients.

European consumers are becoming more health-conscious and are seeking out natural and organic alternatives to conventional medicines. This is driving the demand for dietary supplements made from natural and organic ingredients. According to the survey on behalf of Food Supplements Europe and the Centre for the Promotion of Imports from developing countries, around 56% of respondents consider natural, organic, and non-GMO labeling to be of utmost importance while purchasing supplements.

South America has a high incidence of chronic diseases such as diabetes, hypertension, and metabolic diseases, which has driven the demand for dietary supplements and nutraceuticals to manage these conditions. According to the Population Reference Bureau, cardiovascular diseases, diabetes, cancers, and chronic respiratory diseases will account for 81% of deaths in South America and the Caribbean by 2030. There is a growing awareness among consumers about the importance of maintaining a healthy lifestyle, leading to increasing demand for nutritional supplements and further food supplement ingredients.

Consumers in the Middle East show a strong preference for natural ingredients and halal-certified products. This cultural inclination influences the types of ingredients used in formulations, favoring plant-based and halal-friendly options. According to the Abu Dhabi Agriculture and Food Safety Authority, all food and food supplements that are introduced or imported to the United Arab Emirates (UAE) must be compliant with the food regulations and Halal requirements. Moreover, there is a strong cultural emphasis on natural remedies and traditional herbal medicines across the region. Consumers tend to favor supplements made from natural plant extracts and botanicals over synthetic ingredients.

KEY INDUSTRY PLAYERS

Key Industry Players Launching Base Expansion Strategies to Expand Their Market Share

The global market for food supplement ingredients exhibits a fragmented structure with a mix of large, recognized players and smaller regional companies. Key players implement strategic base expansion projects and product portfolio expansion to build and amplify their nutritional ingredients' production capacities and distribution network worldwide. For instance, in October 2020, Lonza Group expanded the production capacity of the capsule and health ingredients to cater to consumer needs in the biopharma and health nutrition industry. Companies are also working on building a resilient supply chain to meet the global market demand. 

LIST OF TOP FOOD SUPPLEMENT INGREDIENTS COMPANIES:

• DSM Nutritional Products AG (Switzerland)


• BASF SE (Germany)


• Archer Daniels Midland Company (ADM) (U.S.)


• Lonza Group (Switzerland)


• Cargill, Incorporated (U.S.)


• Nutralliance (U.S.)


• International Flavors & Fragrances Inc. (U.S.)


• Glanbia Nutritionals (Ireland)


• Kerry Group (Ireland)


• ABF Ingredients (U.K.)

KEY INDUSTRY DEVELOPMENTS:

• July 2024: Alvinesa Natural Ingredients, a grape and olive oil functional ingredients specialist, acquired two companies operating in the grape and olive by-product valorization business located in Chile and Argentina. Through this acquisition, Alvinesa Natural Ingredients aims to build its portfolio of ingredients for dietary supplements, functional foods, grape tannins, biofuels, and others.


• May 2024: Balchem, a food supplement ingredient manufacturer, launched a bioactive folate ingredient named Optifolin, which is made of the choline ingredient "VitaCholine". The ingredients are helpful to empower health at all stages of life.


• April 2024: Spain-based company Nektium introduced the Aframomum melegueta spice extract, Vanizem, at the Vitafood Europe global nutraceutical trade fair. This ingredient helps to reduce anxiety and improve mood.


• February 2024: PLT Health Solutions, a U.S.-based company, launched a botanical ingredient named Strengthera Muscle Maintenance + Vitality, which supports muscle health and improves physical function.


• January 2024: Disproquima, a distributor of raw materials and ingredients, acquired Res Pharma, an Italian specialty ingredient supplier. Through this acquisition, the company aims to strengthen its portfolio of ingredients for the pharma, dietary supplement, personal care, food & beverage, and animal nutrition industries.

REPORT COVERAGE

The global market research report includes quantitative and qualitative insights into the market using different research methodologies. This global food supplement ingredients market forecast also offers a detailed regional analysis, market analysis, market trends, market dynamics, regional market forecast, global natural tocotrienols market value, and market rate for all possible market segments. This market analysis report provides various key insights on the market, an overview of related markets, the competitive landscape, the forecast period, recent industry developments, such as mergers & acquisitions, the regulatory scenario in critical countries, and key industry trends.

Report Scope & Segmentation