Continued format innovation is set to contribute to growth for dietary supplements amongst new consumer bases in the forecast period. Younger consumers are increasingly drawn to novel formats of supplements which deliver a sensorial experience, such as gummies, effervescents, powders, tonics, functional foods, and even patches.
Mental health and wellbeing is at the forefront of every producer’s mind in 2023. With rising stress levels due to the cost-of-living crisis, and hectic lifestyles as Australians settle into their new post-pandemic routines, an increasing number of consumers are searching for ways to address their mental wellbeing.
Japanese conglomerate Kirin acquired Australian supplements brand Blackmores in a AUD1.88 billion deal, with the acquisition finalised and Blackmores de-listed from the ASX in August 2023.
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Understand the latest market trends and future growth opportunities for the Dietary supplements industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dietary supplements industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dietary supplements
It is the aggregation of all dietary supplements: Minerals, fish oils/omega fatty acids, garlic, ginseng, ginkgo biloba, evening primrose oil, Echinacea, St John's Wort, protein supplements, probiotic supplements, eye health supplements, co-enzyme Q10, glucosamine, combination herbal/traditional supplements, non-herbal/traditional supplements, and all other dietary supplements specific to country coverage.
See All of Our DefinitionsThis report originates from Passport, our Dietary supplements research and analysis database.
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