Market Overview:
The global specialty supplements market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing awareness about the benefits of specialty supplements, rising prevalence of chronic diseases, and growing geriatric population. The global specialty supplements market by type is segmented into amino acids, joint supplements, lutein, and others. The joint supplement segment is expected to grow at the highest CAGR during the forecast period owing to the increasing prevalence of arthritis and other joint-related disorders. The global specialty supplements market by application is segmented into adults, 50+, children, and others. The adults segment accounted for the largest share in 2017 owing to rising incidence of lifestyle diseases such as obesity and diabetes mellitus among adults globally.
Product Definition:
A specialty supplement is a dietary supplement that has a specific use or purpose, such as weight loss, muscle growth, or joint health. Specialty supplements are often made with unique ingredients and formulas that make them better suited for certain purposes than general multivitamins and minerals. Because they are designed to target specific needs, specialty supplements can be more expensive than other types of dietary supplements. However, they can also be more effective in achieving their desired results.
Amino Acids:
Amino acids are the building blocks of proteins. Proteins play an important role in various bodily functions including, but not limited to, muscle growth and repair, tissue repair and protection against disease or injury. Specialty supplements that contain amino acids can be used by athletes as well as non-athletes for improving performance and body recovery. The demand for these products is increasing due to their ability to promote lean muscle mass gains without any fat or carbohydrates being consumed along with it.
Joint Supplements:
The joint supplements are nutritional products that are taken by people who have been diagnosed with arthritis. The joint supplements help in reducing the inflammation and pain caused by arthritis.
Application Insights:
Specialty supplements are majorly used for nutritional support in adults, 50+, children and others. Others application segment includes patients suffering from chronic diseases or undergoing cancer treatment. Specialty supplements are not intended for use as a substitute for conventional medical care and diagnosis. The aforementioned factors are expected to drive the global market over the forecast period.
The other application segment of the global specialty supplements market comprises of patients suffering from chronic diseases or undergoing cancer treatment, wherein nutritional support is required to maintain health conditions along with complying with dietary intake requirements during such treatments course.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to high consumer awareness, availability of a wide range of specialty supplements, and growing health concerns among consumers. Moreover, rising prevalence of joint-related conditions such as osteoarthritis and rheumatoid arthritis among adults is anticipated to drive demand for specialty supplements in North America over the forecast period.
Asia Pacific is expected to witness significant growth over the coming years owing to increasing disposable income levels coupled with growing health consciousness amongst consumers especially towards eye care products in developing countries such as China and India will drive growth during this period (2018-2030). Furthermore, supportive government initiatives encouraging R&D activities are projected to further fuel product demand in Asia Pacific speciality supplements market over the next eight years (2018 - 2030).
Growth Factors:
- Increasing awareness about the benefits of specialty supplements among consumers.
- Rising demand for natural and organic products.
- Growing popularity of preventive healthcare measures.
- Proliferation of online retail channels for specialty supplements sales.
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Supplements Market Research Report
By Type
Amino Acids, Joint Supplements, Lutein, Others
By Application
Adults, 50+, Children, Others
By Companies
Nature's Bounty, Bluebonnet Nutrition, GNC, Vitamins & Supplements, Walgreens, Soria Natural, Dr. Ron's, Nature's Way, Nordic Naturals, Country Life Vitamins, American Health, Markovit, Biophix, Summr Pharma, XR Nutrition
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Supplements Market Report Segments:
The global Specialty Supplements market is segmented on the basis of:
Types
Amino Acids, Joint Supplements, Lutein, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adults, 50+, Children, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nature's Bounty
- Bluebonnet Nutrition
- GNC
- Vitamins & Supplements
- Walgreens
- Soria Natural
- Dr. Ron's
- Nature's Way
- Nordic Naturals
- Country Life Vitamins
- American Health
- Markovit
- Biophix
- Summr Pharma
- XR Nutrition
Highlights of The Specialty Supplements Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Amino Acids
- Joint Supplements
- Lutein
- Others
- By Application:
- Adults
- 50+
- Children
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Specialty Supplements Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Specialty supplements are those that are designed to provide specific benefits for a certain area of health. These supplements can be helpful in supporting overall health and well-being, as well as providing targeted support for areas such as cognitive function, joint health, energy levels, and more.
Some of the major players in the specialty supplements market are Nature's Bounty, Bluebonnet Nutrition, GNC, Vitamins & Supplements, Walgreens, Soria Natural, Dr. Ron's, Nature's Way, Nordic Naturals, Country Life Vitamins, American Health, Markovit, Biophix, Summr Pharma, XR Nutrition.
The specialty supplements market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Specialty Supplements Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Specialty Supplements Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Specialty Supplements Market - Supply Chain
4.5. Global Specialty Supplements Market Forecast
4.5.1. Specialty Supplements Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Specialty Supplements Market Size (000 Units) and Y-o-Y Growth
4.5.3. Specialty Supplements Market Absolute $ Opportunity
5. Global Specialty Supplements Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Specialty Supplements Market Size and Volume Forecast by Type
5.3.1. Amino Acids
5.3.2. Joint Supplements
5.3.3. Lutein
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Specialty Supplements Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Specialty Supplements Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. 50+
6.3.3. Children
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Specialty Supplements Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Specialty Supplements Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Specialty Supplements Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Specialty Supplements Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Specialty Supplements Demand Share Forecast, 2019-2029
9. North America Specialty Supplements Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Specialty Supplements Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Specialty Supplements Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. 50+
9.4.3. Children
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Specialty Supplements Market Size and Volume Forecast by Type
9.7.1. Amino Acids
9.7.2. Joint Supplements
9.7.3. Lutein
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Specialty Supplements Demand Share Forecast, 2019-2029
10. Latin America Specialty Supplements Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Specialty Supplements Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Specialty Supplements Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. 50+
10.4.3. Children
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Specialty Supplements Market Size and Volume Forecast by Type
10.7.1. Amino Acids
10.7.2. Joint Supplements
10.7.3. Lutein
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Specialty Supplements Demand Share Forecast, 2019-2029
11. Europe Specialty Supplements Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Specialty Supplements Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Specialty Supplements Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. 50+
11.4.3. Children
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Specialty Supplements Market Size and Volume Forecast by Type
11.7.1. Amino Acids
11.7.2. Joint Supplements
11.7.3. Lutein
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-YGrowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Specialty Supplements Demand Share, 2019-2029
12. Asia Pacific Specialty Supplements Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Specialty Supplements Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Specialty Supplements Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. 50+
12.4.3. Children
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Specialty Supplements Market Size and Volume Forecast by Type
12.7.1. Amino Acids
12.7.2. Joint Supplements
12.7.3. Lutein
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Specialty Supplements Demand Share, 2019-2029
13. Middle East & Africa Specialty Supplements Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Specialty Supplements Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Specialty Supplements Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. 50+
13.4.3. Children
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Specialty Supplements Market Size and Volume Forecast by Type
13.7.1. Amino Acids
13.7.2. Joint Supplements
13.7.3. Lutein
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Specialty Supplements Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Specialty Supplements Market: Market Share Analysis
14.2. Specialty Supplements Distributors and Customers
14.3. Specialty Supplements Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nature's Bounty
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bluebonnet Nutrition
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GNC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vitamins & Supplements
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Walgreens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Soria Natural
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dr. Ron's
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nature's Way
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nordic Naturals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Country Life Vitamins
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. American Health
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Markovit
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Biophix
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Summr Pharma
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. XR Nutrition
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
