Market Size of Lifestyle-Related Disease Supplements Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 54.14 Billion |
Market Size (2029) | USD 78.64 Billion |
CAGR (2024 - 2029) | 7.75 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Lifestyle Related Disease Supplements Market Analysis
The Lifestyle-Related Disease Supplements Market size is estimated at USD 54.14 billion in 2024, and is expected to reach USD 78.64 billion by 2029, growing at a CAGR of 7.75% during the forecast period (2024-2029).
The pandemic has raised the demand for lifestyle-related diseases due to the growing consumer awareness about health supplements and increasing expenditure on healthcare. Moreover, during the pandemic period consumers are spending more time at home due to the extended lockdown which further induces anxiety, stress, and other types of disease. As a result, it increases, the sales of health supplements in the market. Subsequently, the demand for vitamin C has witnessed massive growth in the market during the pandemic period as it helps to improve immune function. Thus, market players are investing in the category and launching new products to gain market share and increase their market presence. For instance, in 2021, Life Extension unveiled the launch of a new vitamin C supplement which is innovative with 24-hour liposomal hydrogel formula that stays in the system for 24 hours and is seven times more bioavailable than conventional vitamin C supplements. Moreover, the growing importance of health as a lifestyle choice during the pandemic also attracted many companies to enter the health segments of the market studied.
Over the long term, the prevalence of lifestyle-related problems has been increasing among the global consumer owing to the changing lifestyle behaviors including consumption of unhealthy diet, and physical inactivity. As a result, it raises the consumption of health supplements. Therefore, the consumer shift toward preventive health management practices and growing awareness about the burden of lifestyle disease is the major factor driving the growth in the global market.
Furthermore, the demand for cognitive, mental, and mood supplements is increasing due to mental illness and stressful career-focused lifestyles and in turn, fuels the growth of the lifestyle-related disease supplements market.