Mexico Dietary Supplements Market (2020-2026) | Trends, Industry, Segmentation, Share, Analysis, Growth, Size, Revenue, Value, Outlook & COVID-19 IMPACT

Mexico Dietary Supplements Market | Country-Wise Share and Competition Analysis

In the year 2021, USA was the largest exporter in terms of value, followed by Argentina. It has registered a growth of 37.73% over the previous year. While Argentina registered a growth of 49.73% as compare to the previous year. In the year 2017 USA was the largest exporter followed by Switzerland. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Mexico has the Herfindahl index of 1872 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 3097 which signifies high concentration in the market.

Mexico Dietary Supplements Market - Export Market Opportunities

Topics Covered in the Mexico Dietary Supplements Market

Mexico Dietary Supplements Market report thoroughly covers the market by ingredient, by form, by application, by end user, and by distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest (2023) Development of the Mexico Dietary Supplements Market

Mexico Dietary Supplements Market has witnessed considerable growth in recent years and is expected to grow further in the forthcoming years. The growth is majorly driven by several factors, such as rising consumer awareness of health and wellness which is resulting in the use of natural remedies and supplements, as well as the popularity of e-commerce for purchasing these products. Consumers are increasingly looking for natural dietary supplements that are perceived as healthier options and does not harm their health. Moreover, there is a growing interest in dietary supplements that offer specific health benefits. Furthermore, collaborations between dietary supplement manufacturers, healthcare providers, and research institutions are encouraging innovation and product development in the Mexico Dietary Supplements Industry.

Mexico Dietary Supplements Market Synopsis

Mexico Dietary Supplements Market is forecast to grow in the years to come, driven by the increased awareness of health and wellness, rising disposable incomes, and with changing lifestyles. Also, many people are worried about their physical health which in turn, resulted in an increased demand for dietary supplements in Mexico. In general, vitamins and minerals are the most popular products to prevent illnesses. Herbal-based options are also required as they are known for their anti-inflammatory benefits.

According to 6Wresearch, the Mexico Dietary Supplements Market size is poised for growth during 2020-26. With an increasing focus on health and wellness among consumers, the market is expected to continue its upward trajectory during the forecast period. However, several companies are entering the industry due to which there is a need for stringent regulations to ensure safety and efficiency of products. Moreover, intense competition in the market making it difficult for smaller companies to compete with larger ones who have greater resources. Despite these challenges, there are also numerous opportunities for Mexico Dietary Supplements Market Growth such as increasing aging population and increased interest in preventative healthcare.

COVID-19 Impact on the Mexico Dietary Supplements Market

The COVID-19 pandemic has had a significant influence on the Mexico Dietary Supplements Market, leading to an increased demand from health-conscious customers for dietary supplements. Additionally, supply disruptions have posed various complications, with some products becoming less affordable due to the surge in prices during the pandemic. However, e-commerce platforms have become an essential channel for manufacturers to reach their customers as more people prefer shopping online.

Key players in the Mexico Dietary Supplements Market

The Mexico dietary supplements market is an enormously growing industry which incorporates several key players providing quality and innovative dietary supplements to consumers across Mexico.

• Amway
• Herbalife Nutrition
• Nestle Health Science
• Pfizer Inc.
• Abbott Laboratories Inc.
• Bayer AG
• Sanofi SA

Market Analysis by Application

Based on Application, the Energy & Weight Management segment have gained popularity during the forecast period and dominates the Mexico dietary supplements market share owing to the increasing health and fitness consciousness. In general, these are intended to boost energy levels and support weight management.

Market Analysis by Distribution Channel

According to Shivankar, Research Manager, 6Wresearch, the OTC segment is expected to dominate the Mexico dietary supplements market share which is a part of Latin America dietary supplements market as it involves the purchasing of dietary supplements without a prescription.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Mexico Dietary Supplements Market Outlook
• Market Size of Mexico Dietary Supplements Market, 2019
• Forecast of Mexico Dietary Supplements Market, 2026
• Historical Data and Forecast of Mexico Dietary Supplements Revenues & Volume for the Period 2016 - 2026
• Mexico Dietary Supplements Market Trend Evolution
• Mexico Dietary Supplements Market Drivers and Challenges
• Mexico Dietary Supplements Price Trends
• Mexico Dietary Supplements Porter's Five Forces
• Mexico Dietary Supplements Industry Life Cycle
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Ingredient? for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Vitamins for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Botanicals for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Minerals for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Proteins & Amino Acids for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Fibers & Specialty Carbohydrates for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Omega Fatty Acids for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Form? for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Tablets for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Capsules for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Soft gels for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Powders for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Gummies for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Liquids for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Application? for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Energy & Weight Management for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By General Health for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Bone & Joint Health for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Gastrointestinal Health for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Immunity for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Cardiac Health for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Diabetes for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By End user for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Adults for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Geriatric for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Pregnant Women for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Children for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Infants for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By OTC for the Period 2016 - 2026
• Historical Data and Forecast of Mexico Dietary Supplements Market Revenues & Volume By Prescribed for the Period 2016 - 2026
• Mexico Dietary Supplements Import Export Trade Statistics
• Market Opportunity Assessment By Ingredient?
• Market Opportunity Assessment By Form?
• Market Opportunity Assessment By Application?
• Market Opportunity Assessment By End user
• Market Opportunity Assessment By Distribution Channel
• Mexico Dietary Supplements Top Companies Market Share
• Mexico Dietary Supplements Competitive Benchmarking By Technical and Operational Parameters
• Mexico Dietary Supplements Company Profiles
• Mexico Dietary Supplements Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Ingredient

• Vitamins
• Botanicals
• Minerals
• Proteins & Amino Acids
• Fibers & Specialty Carbohydrates
• Omega Fatty Acids
• Others

By Form

• Tablets
• Capsules
• Soft Gels
• Powders
• Gummies
• Liquids
• Others

By Application

• Energy & Weight Management
• General Health
• Bone & Joint Health
• Gastrointestinal Health
• Immunity
• Cardiac Health
• Diabetes
• Others

By End User

• Adults
• Geriatric
• Pregnant Women
• Children
• Infants

By Distribution Channel

• OTC
• Prescribed