Global Vitamins Market Expected to Reach USD 24.7 Billion by 2033 - IMARC Group

December 20, 2024 | Healthcare

Global Vitamins Market Statistics, Outlook and Regional Analysis 2025-2033

The global vitamins market size was valued at USD 15.5 Billion in 2024, and it is expected to reach USD 24.7 Billion by 2033, exhibiting a growth rate (CAGR) of 5.28% from 2025 to 2033.

Vitamins Market

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In the vitamins industry, the growing awareness among consumers about health and wellness, especially in children and the adult, is impelling the market. Adding to this, manufacturers are developing solutions that particularly target the increasing concerns of consumers about immunity and balanced nutrition. They are ensuring safety by providing allergen-free and clean-label products, using scientifically tested ingredients and certifications. For instance, in September 2024, SmartyPants Vitamins expanded their product segment with kids triple action immunity gummies, offering a blend of vitamin C, D, zinc, B12, and ElderCraft black elderberry extract, which aligns with consumer demand for effective immunity support. In line with this, as per McKinsey, in the US, almost 50% of the consumers confirmed wellness as their top priority. It shows an upward trend of growing concern over customer health and wellness.

Concurrently, businesses are adding more emphasis on extensive research about nutrient formulations, which cater to the various needs of consumers. Furthermore, the addition of innovative formats, like gummies and effervescent tablets, has made supplements more accessible and appealing, acting as growth-inducing factors. For example, Airborne developed an immune support formula in September 2024 that features seven major nutrients, including vitamin C, D, zinc, selenium, and others, available as effervescent and chewable tablets. Concurrent with this, the growing digital standard of living provides consumers with immediate access to information, thereby enabling them to familiarize themselves with the benefits of vitamin supplements. Apart from this, regional players are following worldwide trends to launch localized offerings that fulfill the need of their target sector. In June 2024, Nutriburst introduced kids’ minion's vitamins in the U.K. These sugar-free and vegan gummies include specialized formulations that are designed for children aged four and above. Furthermore, this new launch highlights the growing trend of blending entertainment and nutrition to engage younger audiences while addressing their health requirements, thereby catalyzing market growth.

Global Vitamins Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific accounted for the largest market share on account of the increasing disposable income levels, extensive public health campaigns, and rising health consciousness among individuals.

North America Vitamins Market Trends:

The market is experiencing growth in North America due to the rising consumer awareness towards health consciousness. Moreover, consumers in the United States majorly prefer vitamin supplements for immunity and overall wellness, driven by post-Covid health trends. As per greatgrrenwell.org, approx 59 million consumers in America use any type of vitamins. Correspondingly, multivitamin sales surged in 2023, with brands like Centrum leading the market in the region. Also, organic vitamins are gaining popularity, reflecting a shift toward natural products that cater to eco-conscious consumers.

Europe Vitamins Market Trends:

In Europe, the market is fueled by the growing demand for personalized nutrition. Additionally, countries like Germany are witnessing increased adoption of tailored vitamin packs based on individual health data. For example, the German startup Baze offers customized vitamin solutions through blood test analyses. Furthermore, the region emphasizes sustainable packaging and plant-based vitamins, thereby aligning with stringent EU environmental regulations and consumer preferences for eco-friendly options.

Asia-Pacific Vitamins Market Trends:

Asia-Pacific is leading the market, as consumers in countries like India and China are prioritizing preventive healthcare, driving the demand for vitamins and supplements. Furthermore, in January 2024, Tata 1mg, in collaboration with UK-based healthcare R&D company Vitonnix, introduced five innovative sublingual vitamin sprays tailored for daily needs, such as Vitamin D, Melatonin, and Biotin. Also, government initiatives promoting nutritional awareness and the presence of major players in the region are reinforcing its leadership in the global vitamins market.

Latin America Vitamins Market Trends:

Latin America's market is expanding as consumers across the region are seeking supplements to combat malnutrition and deficiencies. Brazil, a key player, has seen robust growth in vitamin D products due to the rising consumer awareness about bone health. For example, local brands like Vitgold focus on affordable and high-quality supplements to address the region’s public health challenges. Furthermore, government bodies in Latin America are also promoting fortification programs to enhance nutritional standards.

Middle East and Africa Vitamins Market Trends:

In the Middle East and Africa, the market is growing due to the increasing urbanization levels. South Africa stands out, where vitamin B-complex products are popular among working professionals for fatigue management. For example, Vitaforce reports steady growth in the country as consumers prioritize workplace productivity. Meanwhile, the region’s young demographic also drives the demand for vitamins catering to physical and mental performance.

Top Companies Leading in the Vitamins Industry

Some of the leading vitamins market companies include BASF SE, Bluestar Adisseo (China National Bluestar (Group) Co. Ltd.), Farbest-Tallman Foods Corporation, Glanbia Plc, Jubilant Bhartia Group, Koninklijke DSM N.V., Stern-Wywiol Gruppe GmbH & Co. KG, Vertellus, Vitablend Nederland B.V., Zagro (Industria de Diseño Textil S.A.), Zhejiang Garden Biopharmaceutical Co. Ltd., among many others. In September 2023, BASF SE calculated the Product Carbon Footprints (PCFs) for vitamins, carotenoids, beverage processing feed enzymes and polymers for the animal and human nutrition industries.

Global Vitamins Market Segmentation Coverage

  • On the basis of the type, the market has been bifurcated into vitamin A, vitamin B, vitamin C, vitamin D, vitamin E, and vitamin K, wherein vitamin B represents the most preferred segment due to its importance in most body functions, which range from energy production to cognitive function and metabolic processes.
  • Based on the source, the market is categorized into natural and synthetic, amongst which natural dominates the market, as natural vitamins provide an attractive alternative for health-conscious consumers seeking products with minimal processing and no artificial additives.
  • On the basis of the application, the market has been divided into personal care products, food and beverages, healthcare products, and others. Among these, food and beverages exhibit a clear dominance in the market, on account of the expanding broad consumer base that is seeking convenient ways to meet their nutritional requirements through their regular diet.

 

Report Features Details
Market Size in 2024 USD 15.5 Billion
Market Forecast in 2033 USD 24.7 Billion
Market Growth Rate 2025-2033 5.28%
Units Billion USD
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Type
  • Source
  • Application
  • Region
Types Covered Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K
Sources Covered Natural, Synthetic
Applications Covered Personal Care Products, Food and Beverages, Healthcare Products, Others
Regions Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered BASF SE, Bluestar Adisseo (China National Bluestar (Group) Co. Ltd.), Farbest-Tallman Foods Corporation, Glanbia Plc, Jubilant Bhartia Group, Koninklijke DSM N.V., Stern-Wywiol Gruppe GmbH & Co. KG, Vertellus, Vitablend Nederland B.V., Zagro (Industria de Diseño Textil S.A.), Zhejiang Garden Biopharmaceutical Co. Ltd., etc.
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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