Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Vegan Supplements Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Vegan Supplements Market?
The size of the vegan supplements market has experienced robust growth in the past few years. The market size is predicted to increase from $10.52 billion in 2024 to $11.35 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%.
What Are the Expected Market Growth Trends for the Vegan Supplements Market Through 2029?
The Vegan Supplements Global Market is projected to reach a size of $16.27 billion in 2029, with a compound annual growth rate (CAGR) of 9.4%.
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What Are the Key Business Drivers in the Vegan Supplements Market Landscape?
The key drivers in the vegan supplements market are:
• Continued health and wellness trend
• Growth of the middle-class population
• Expansion of distribution channels
• Increasing climate change conscientiousness and evolving consumer preferences.
How Is the Vegan Supplements Market Divided Across Key Categories?
The vegan supplementsmarket covered in this report is segmented –
1) By Product Type: Minerals, Vitamins, Protein, Other Products
2) By Form: Powder, Liquid, Capsules, Bars, Other Forms
3) By Distribution Channel: Hypermarket Or Supermarket, Convenience Stores, Drug Stores And Pharmacies, Health And Wellness Stores, Online Retailing, Other Distribution Channels
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What Are the Ongoing Trends in the Vegan Supplements Market?
The key trends in the vegan supplements market are:
• There is an increasing demand for plant-based nutrition in the vegan supplement sector.
• Sustainable and eco-friendly practices are becoming more prevalent in the industry.
• Innovation in ingredients and formulations is becoming a significant trend.
• The sector is seeing a shift towards clean label products and personalization of products.
Which Companies are Expanding in the Vegan Supplements Industry?
Major players in the vegan supplements market are:
• Aloha Inc.
• Amway Corp.
• Deva Nutrition LLC
• DuPont Inc.
• HTC Health Ltd.
• Jarrow Formulas Inc.
• Nestlé S.A
• Nutrazee
• Kerry Group plc
• Danone S.A.
• Bhu Foods
• Vitamin Energy LLC
• Solgar Inc.
• NOW Foods Pvt. Ltd.
• Natrol LLC
• Garden of Life LLC
• Pure Encapsulations LLC
• Orgenetics Inc.
• Ora Organic Inc.
• Nutrazee Inc.
• Aloha Technology Private Limited
• NuGo Nutrition LLC
• One Brands LLC
• G&G Vitamins Ltd.
• Glanbia plc
• Herbalife Nutrition Ltd.
Which is the Largest Region the Global Vegan Supplements Market?
North America was the largest region in the vegan supplements market in 2024
