Global Vegetarian Nutritional Supplements Market Research Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global Vegetarian Nutritional Supplements Market Research Report 2024
Vegetarian nutritional supplements are nutritional supplements formulated for the specific nutritional needs of vegetarians or flexitarians that cannot be provided by a vegan diet. Examples include vitamin B12, vitamin D, DHA/EPA, iodine, zinc, selenium, magnesium, and vitamin K2.
According to Mr Accuracy reports new survey, global Vegetarian Nutritional Supplements market is projected to reach US$ 12820 million in 2029, increasing from US$ 8780 million in 2022, with the CAGR of 6.2% during the period of 2024 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Vegetarian Nutritional Supplements market research.
There are approximately 79 million vegetarians worldwide. According to the Vegan Society 2021 report, there are currently more than 63,000 products from 2,500 companies on the global market, including 18,000 food and beverage items and 25,000 cosmetic and toilet items. In 2021 alone, the Vegan Society has registered 16,439 products bearing the vegan trademark, an impressive number. Over the past five years, the product registration rate has exceeded 82%. Driven by the growing popularity of vegetarianism, plant-based foods are considered safer and healthier compared to animal-based products. The plant-based protein supplement industry has expanded dramatically due to growing concerns over animal welfare. Growing consumer interest in healthy products and food safety is expected to drive market expansion. The market will continue to grow owing to major manufacturers investing in research into novel protein sources. Additionally, growth in the health and fitness industry, shift in demand for meat alternatives, rising consumer awareness about the benefits of a high-protein diet, rising number of vegans, and increasing demand from the food and beverage industry are positively impacting the vegan supplements market.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Vegetarian Nutritional Supplements market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Sylphar
Nutrazee
Holland & Barrett
Eversea
Deva Nutrition
General Mills
GreenVits
VMLOX
Vanatari International GmbH
Garden of Life
PepsiCo
Vitamin Buddy Limited.
Danone
Blue Diamond Growers
MONK Nutrition Europe
ALOHA
Herbalife Nutrition
One Brands
BHU Foods
G&G Foods
Glanbia
NuGo Nutrition
Segment by Type
Nutritional Powder
Nutrition Capsules
Nutrition Bars
Others
Supermarket
Convenience Store
Pharmacy
Others
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Vegetarian Nutritional Supplements report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
According to Mr Accuracy reports new survey, global Vegetarian Nutritional Supplements market is projected to reach US$ 12820 million in 2029, increasing from US$ 8780 million in 2022, with the CAGR of 6.2% during the period of 2024 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Vegetarian Nutritional Supplements market research.
There are approximately 79 million vegetarians worldwide. According to the Vegan Society 2021 report, there are currently more than 63,000 products from 2,500 companies on the global market, including 18,000 food and beverage items and 25,000 cosmetic and toilet items. In 2021 alone, the Vegan Society has registered 16,439 products bearing the vegan trademark, an impressive number. Over the past five years, the product registration rate has exceeded 82%. Driven by the growing popularity of vegetarianism, plant-based foods are considered safer and healthier compared to animal-based products. The plant-based protein supplement industry has expanded dramatically due to growing concerns over animal welfare. Growing consumer interest in healthy products and food safety is expected to drive market expansion. The market will continue to grow owing to major manufacturers investing in research into novel protein sources. Additionally, growth in the health and fitness industry, shift in demand for meat alternatives, rising consumer awareness about the benefits of a high-protein diet, rising number of vegans, and increasing demand from the food and beverage industry are positively impacting the vegan supplements market.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Vegetarian Nutritional Supplements market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Sylphar
Nutrazee
Holland & Barrett
Eversea
Deva Nutrition
General Mills
GreenVits
VMLOX
Vanatari International GmbH
Garden of Life
PepsiCo
Vitamin Buddy Limited.
Danone
Blue Diamond Growers
MONK Nutrition Europe
ALOHA
Herbalife Nutrition
One Brands
BHU Foods
G&G Foods
Glanbia
NuGo Nutrition
Segment by Type
Nutritional Powder
Nutrition Capsules
Nutrition Bars
Others
Segment by Application
Supermarket
Convenience Store
Pharmacy
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Vegetarian Nutritional Supplements report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices