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US VMS Market Report
The US vitamins, minerals and supplements (VMS) market is set to expand over the coming years, with long-term projections indicating a market size of $41.1 billion by 2029. Brands that focus on personalization, innovation, and consumer education are likely to thrive in this evolving landscape.
US Vitamins, Minerals and Supplements – Current Landscape
The US VMS market is poised for significant growth, projected to reach $37.4 billion in 2024. This growth is driven by a shift towards personalized health solutions, with consumers increasingly seeking VMS products tailored to their unique needs. Additionally, delivery formats such as gummies, powders, and liquids are addressing pill fatigue, enhancing consumer engagement.
Consumer education remains crucial as a large segment of the market lacks awareness about the benefits of VMS products. This presents an opportunity for brands to establish themselves as trusted advisors through enhanced educational content. Regulatory changes, such as new laws in New York state and potential national legislation, will also play a significant role in shaping the market dynamics.
US VMS Market Statistics
- US vitamin market share: Pharmavite remains the market leader in the US vitamin market, with a 19.1% market share.
- US VMS consumer habits: Over a third of US consumers use vitamins, minerals and supplements for beauty health.
- US VMS consumer demands: Over a third of US VMS consumers want tailored VMS approaches to track supplement intake, and have clearer identifiers of success.
US Vitamins, Minerals and Supplements Market Report – What’s Inside?
Key Topics Analyzed in the Report
- Market factors influencing product success in VMS space
- Usage of VMS products and reasons for cessation
- Usage motivators and purchase influencers
- Preferred VMS product formats
- Innovations in the VMS market
- Consumer attitudes and behaviors around VMS products
Report Scope
This report focuses on consumer behaviors when using and purchasing vitamins, minerals and supplements. This report includes nonprescription, over-the-counter VMS in all formats including liquid, tablet, gummy or chewables. The market has been divided into the following segments:
- vitamins including multivitamins (products that contain a combination of vitamins in one), and one- and two-letter vitamins (products that contain only one or two specific letter vitamins such as vitamin C tablets)
- minerals such as supplements based on mineral ingredients (eg calcium, iron)
- dietary supplements such as CoQ-10, glucosamine and chondroitin products and other specific supplements; targeted supplement combinations, such as women’s health or joint health formulations; and herbs/botanicals, such as echinacea and St. John’s wort
This report excludes homeopathic products, prescription vitamins and vitamin-enhanced/-enriched food products (eg orange juice enriched or enhanced with calcium, energy drinks enhanced with vitamins or supplements, nutritional bars). Sales of vitamins, minerals and supplements through network (multilevel) marketing and practitioners are also excluded.
Meet the Expert Behind the Analysis
This report was written by David Hamlette. David joined Mintel as a health and wellness reports analyst in August 2023. Prior to Mintel, he worked as an associate market research consultant in Chicago, providing qualitative insights for CPG and pharma companies. He graduated from George Mason University with a B.S. in Psychology, and the University of Chicago with a M.A. in Social Science.
Personalized VMS solutions, innovative delivery formats, and enhanced consumer education are crucial for brands to thrive in the evolving market landscape.
David Hamlette
Research Analyst; Health and Wellbeing