Vegan Supplements Market 2024-2028: Size and Availability of counterfeit dietary supplements; growth driven by the Distribution Channel, Some of key Companies Positioned Strategically

The vegan supplements market size by Distribution Channel (Offline and Online) and Geography (Europe, North America, APAC, South America, and Middle East and Africa), is forecast to increase by USD 3637.6 million. The market is expected to grow at a CAGR of   8.51% between 2024 and 2028.

• The vegan supplement market has experienced significant growth, concurrently encountering an increase in counterfeit products. These illicit items, often sold online, deceive consumers in developed countries by advertising vegan vitamins and probiotics with false health claims. Manufactured in developing countries using substandard materials, these counterfeits are devoid of regulatory approval and testing. The potential risks associated with these unfit-for-consumption supplements can pose serious health concerns. It is crucial for businesses and consumers to remain vigilant against these fraudulent practices, ensuring the authenticity and safety of vegan supplements in the market.
• The vegan supplements market represents a significant business opportunity, driven by the increasing consumer preference for ethical and plant-based dietary solutions. This trend is fueled by rising awareness regarding animal welfare, environmental sustainability, and health benefits associated with veganism. Key market segments include vitamins B12 and D, calcium, iron, and omega-3 fatty acids. Companies must focus on innovation, quality, and transparency to capture market share and meet the evolving demands of health-conscious consumers.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Amway Corp.
• Deva Nutrition LLC
• DuPont de Nemours Inc.
• FORGE Supplements
• FUTURE KIND
• Glanbia plc
• HTC Health
• Jagzee Enterprises
• Jarrow Formulas Inc.
• Kikkoman Sales USA Inc.
• Natrol LLC
• Nestle SA
• NOW Health Group Inc.
• Nuzest Life Pty Ltd.
• Pure Encapsulations LLC
• Sakara Life Inc.
• Solgar Inc.
• Unived
• Vital Amine Inc.
• Wonder Laboratories

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/