Market Forecast 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) And Competitive Landscape
Product Code: ETC010028 | Publication Date: Oct 2020 | Updated Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, Germany was the largest exporter in terms of value, followed by France. It has registered a growth of 38.94% over the previous year. While France registered a growth of 352.14% as compared to the previous year. In the year 2017, Germany was the largest exporter followed by Denmark. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, South Africa has a Herfindahl index of 2137 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 3055 which signifies high concentration in the market.
The South Africa 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.
South Africa Dietary Supplements Market is a constantly evolving industry with a rising health consciousness among consumers and increasing demand for organic products. Additionally, the COVID-19 pandemic has emphasized the importance of maintaining a healthy immune system, which has led to a surge in demand for immune-boosting dietary supplements. The major players in the market are also anticipated to adapt by offering new product lines that cater to specific health concerns or target consumers. The demand for dietary supplements in South Africa has been rising due growing health-conscious population, increasing disposable incomes, and awareness about the importance of nutrition.ย Furthermore, there is a growing trend toward natural dietary supplements in South Africa as consumers are gradually seeking products that are free from artificial ingredients.
South Africa Dietary Supplement Market is one of the fastest-growing industries with an ever-increasing demand for health and wellness products. Generally, consumers are increasingly prioritizing their well-being, leading to a surge in the number of vitamins, minerals, herbal and botanical extracts, amino acids, and sports nutrition products. However, regulatory challenges such as labeling requirements and safety concerns about unregulated substances are expected to impede the South Africa Dietary Supplements Market Growth over the forecast period.
According to 6Wresearch, the South Africa Dietary Supplements Market size is set to witness growth during 2020-2026. The growth is fueled by several factors, such as increased health consciousness among consumers and an increasing geriatric population in South Africa. Furthermore, rising disposable incomes among middle-class population allow them to spend more on quality supplements. Also, the emergence of e-commerce websites has enabled easy access to products and resulted in a competitive environment between players operating in this market.
The outbreak of COVID-19 has had a major impact on the South Africa dietary supplement industry as people are more aware of their overall health, the demand for dietary supplements augments as consumers are looking forward to enhancing their immunity and overall well-being. However, the pandemic caused disruption in the supply chain, leading to some ingredients becoming scarce and delayed delivery times.
The dietary supplements market in South Africa which is a crucial part of the Africa Dietary Supplements Market is highly competitive with many players offering a variety of products to meet the increasing demand. For instance,
By Application, general health supplements are widely used, however, there is growing demand for supplements targeting bone and joint health, immunity, and weight management.
By form, the tablets and capsules are expected to grow in the future years, however, gummies and powders are further gaining popularity owing to their convenience and variety of flavors.
Based on End Users, the adult segment dominates the South Africa Dietary Supplements Market share, followed by the geriatric population. Nevertheless, there is growing awareness of the benefits of dietary supplements for pregnant women, children, and infants.
According to Nitesh Kumar, Research Manager, 6Wresearch, the OTC segment is gaining traction over the forecast period as most of the dietary supplements are being sold over this channel as it involves sales of the products without a prescription.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Africa Dietary Supplements Market Overview |
3.1 South Africa Dietary Supplements Market Revenues & Volume, 2016 - 2026F |
3.2 South Africa Dietary Supplements Market - Industry Life Cycle |
3.3 South Africa Dietary Supplements Market - Porter's Five Forces |
3.4 South Africa Dietary Supplements Market Revenues & Volume Share, By Ingredient, 2019 & 2026F |
3.5 South Africa Dietary Supplements Market Revenues & Volume Share, By Form, 2019 & 2026F |
3.6 South Africa Dietary Supplements Market Revenues & Volume Share, By Application, 2019 & 2026F |
3.7 South Africa Dietary Supplements Market Revenues & Volume Share, By End user, 2019 & 2026F |
3.8 South Africa Dietary Supplements Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 South Africa Dietary Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Dietary Supplements Market Trends |
6 South Africa Dietary Supplements Market Segmentation |
6.1 South Africa Dietary Supplements Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 South Africa Dietary Supplements Market Revenues & Volume, By Ingredient, 2016 - 2026F |
6.1.3 South Africa Dietary Supplements Market Revenues & Volume, By Vitamins, 2016 - 2026F |
6.1.4 South Africa Dietary Supplements Market Revenues & Volume, By Botanicals, 2016 - 2026F |
6.1.5 South Africa Dietary Supplements Market Revenues & Volume, By Minerals, 2016 - 2026F |
6.1.6 South Africa Dietary Supplements Market Revenues & Volume, By Proteins & Amino Acids, 2016 - 2026F |
6.1.7 South Africa Dietary Supplements Market Revenues & Volume, By Fibers & Specialty Carbohydrates, 2016 - 2026F |
6.1.8 South Africa Dietary Supplements Market Revenues & Volume, By Omega Fatty Acids, 2016 - 2026F |
6.2 South Africa Dietary Supplements Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 South Africa Dietary Supplements Market Revenues & Volume, By Tablets, 2016 - 2026F |
6.2.3 South Africa Dietary Supplements Market Revenues & Volume, By Capsules, 2016 - 2026F |
6.2.4 South Africa Dietary Supplements Market Revenues & Volume, By Soft gels, 2016 - 2026F |
6.2.5 South Africa Dietary Supplements Market Revenues & Volume, By Powders, 2016 - 2026F |
6.2.6 South Africa Dietary Supplements Market Revenues & Volume, By Gummies, 2016 - 2026F |
6.2.7 South Africa Dietary Supplements Market Revenues & Volume, By Liquids, 2016 - 2026F |
6.3 South Africa Dietary Supplements Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Africa Dietary Supplements Market Revenues & Volume, By Energy & Weight Management, 2016 - 2026F |
6.3.3 South Africa Dietary Supplements Market Revenues & Volume, By General Health, 2016 - 2026F |
6.3.4 South Africa Dietary Supplements Market Revenues & Volume, By Bone & Joint Health, 2016 - 2026F |
6.3.5 South Africa Dietary Supplements Market Revenues & Volume, By Gastrointestinal Health, 2016 - 2026F |
6.3.6 South Africa Dietary Supplements Market Revenues & Volume, By Immunity, 2016 - 2026F |
6.3.7 South Africa Dietary Supplements Market Revenues & Volume, By Cardiac Health, 2016 - 2026F |
6.3.8 South Africa Dietary Supplements Market Revenues & Volume, By Others, 2016 - 2026F |
6.3.9 South Africa Dietary Supplements Market Revenues & Volume, By Others, 2016 - 2026F |
6.4 South Africa Dietary Supplements Market, By End user |
6.4.1 Overview and Analysis |
6.4.2 South Africa Dietary Supplements Market Revenues & Volume, By Adults, 2016 - 2026F |
6.4.3 South Africa Dietary Supplements Market Revenues & Volume, By Geriatric, 2016 - 2026F |
6.4.4 South Africa Dietary Supplements Market Revenues & Volume, By Pregnant Women, 2016 - 2026F |
6.4.5 South Africa Dietary Supplements Market Revenues & Volume, By Children, 2016 - 2026F |
6.4.6 South Africa Dietary Supplements Market Revenues & Volume, By Infants, 2016 - 2026F |
6.5 South Africa Dietary Supplements Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 South Africa Dietary Supplements Market Revenues & Volume, By OTC, 2016 - 2026F |
6.5.3 South Africa Dietary Supplements Market Revenues & Volume, By Prescribed, 2016 - 2026F |
7 South Africa Dietary Supplements Market Import-Export Trade Statistics |
7.1 South Africa Dietary Supplements Market Export to Major Countries |
7.2 South Africa Dietary Supplements Market Imports from Major Countries |
8 South Africa Dietary Supplements Market Key Performance Indicators |
9 South Africa Dietary Supplements Market - Opportunity Assessment |
9.1 South Africa Dietary Supplements Market Opportunity Assessment, By Ingredient, 2019 & 2026F |
9.2 South Africa Dietary Supplements Market Opportunity Assessment, By Form, 2019 & 2026F |
9.3 South Africa Dietary Supplements Market Opportunity Assessment, By Application, 2019 & 2026F |
9.4 South Africa Dietary Supplements Market Opportunity Assessment, By End user, 2019 & 2026F |
9.5 South Africa Dietary Supplements Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 South Africa Dietary Supplements Market - Competitive Landscape |
10.1 South Africa Dietary Supplements Market Revenue Share, By Companies, 2019 |
10.2 South Africa Dietary Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |