2024
9
US Vitamins, Minerals and Supplements Market Report 2024
2024-10-02T11:02:53+01:00
REPA3B813D7_A694_4C57_9D0F_E429BE3CF43E
3695
176419
[{"name":"Vitamins, Minerals and Supplements","url":"https:\/\/store.mintel.com\/industries\/health-wellbeing\/vitamins-minerals-supplements"}]
Report
en_GB
The US vitamins, minerals and supplements (VMS) market is poised for significant growth, projected to reach $37.4 billion in 2024 with a 3.2% increase from the previous year. This growth…
  1. /
  2. All Industries
  3. /
  4. Health and Wellbeing
  5. /
  6. Vitamins, Minerals and Supplements
  7. /
  8. US Vitamins, Minerals and Supplements Market Report 2024

US Vitamins, Minerals and Supplements Market Report 2024

360 Bundle, Reports - What's Included
  • Interactive databook
  • Multiple report formats
  • Access to Clients Portal
  • Available as part of Mintel's Industry Bundle
  • Save when purchasing multiple reports

To grow your business, you need a 360° view.

Understanding your industry isn’t just about where it stands today – it’s about knowing where it’s been and where it’s headed. What does the future of your market look like? And what innovations are driving those trends? Find out with Mintel’s 360° bundle deal, including:

Mintel’s report bundle ensures the best value for you, providing an extensive overview of your market at an exclusive price. Purchase two reports to save 10% or three to save 15% on your total order.

Reports can also be purchased individually, simply make your selection before you add to basket.

 

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 AnalystDavid Hamlette
Research Analyst; Health and Wellbeing

Collapse All
  1. Executive Summary

    • What you need to know
    • Market size & forecast
    • Market predictions
    • What consumers want & why
    • Opportunities
  2. Market Dynamics

    • Market context
    • The US expanded by 1.4% in Q1 2024
    • Graph 1: quarterly real GDP growth, 2020-24
    • Consumer sentiment remains down, but is expected to rebound soon
    • Graph 2: consumer sentiment index, 2022-24
    • Market drivers
    • BPC and mental wellbeing are merging with the VMS space
    • Physical health is also becoming a priority for aging generations
    • NY state law aims to restrict minor VMS usage
    • The Dietary Supplement Listing Act could affect national VMS production routines
    • GLP-1 medicine wave can propel VMS sales
    • Market size and forecast
    • Focus less on allergens and more on clean formulas
    • Graph 3: VMS claims trended, 2022-24
    • Retail sales and forecast of vitamins, minerals and supplements
    • Retail sales and forecast of vitamins, minerals and supplements at current prices
    • Market segmentation
    • Retail sales of vitamins, minerals and supplements, by segment
    • Market share/brand share
    • Sales of vitamins, minerals and supplements products, by company
    • Sales of vitamin products, by company
    • Sales of mineral and supplement products, by company
  3. Consumer Insights

    • Consumer fast facts
    • Product usage and reasons for cessation
    • Nearly 40% of the US market still does not plan to utilize any sort of VMS in their routine
    • Graph 4: VMS product usage and lapse, 2024
    • Connect with Gen Z on an emotional level to keep them loyal
    • Graph 5: select VMS product usage and lapse, by age and generation, 2024
    • Brands successfully foster emotional connection through aesthetics
    • Parents, especially fathers, are consistent with their VMS routine
    • Graph 6: VMS product usage and lapse, by gender and parental status, 2024
    • Win fathers over by keeping it simple and encouraging experimentation
    • Barriers to longevity stem from lack of education around VMS
    • Graph 7: reasons for VMS cessation/no usage, 2024
    • Graph 8: reasons for VMS cessation/no usage, 2024
    • Educate consumers on logistics and importance of VMS
    • Graph 9: Reasons for VMS cessation/no usage, by age, 2024
    • Remove decision fatigue of multi gen households through VMS bundles
    • VMS usage motivators
    • VMS no longer just for diet and general health maintenance
    • Graph 10: VMS usage motivators, 2024
    • Tailor women’s products to maintenance, and men’s products to alleviation of symptoms
    • Graph 11: select VMS usage motivators, by gender, 2024
    • Inclusive language will expand Black consumers’ perceptions of VMS uses
    • Graph 12: select VMS usage motivators, by race, 2024
    • Purchase influencers
    • Build consumer trust by offering products with quality ingredients and clear uses
    • Graph 13: VMS purchase influencers, 2024
    • Align age-specific products with age-driven desires, factoring in financial capability
    • Graph 14: VMS purchase influencers, by age + household income, 2024
    • Understand parents’ VMS needs based on the ages of their children
    • Graph 15: VMS purchase influencers, by parental status +age of children, 2024
    • VMS product formats
    • Tablets, capsules and gummies continue to lead preferred formats in VMS
    • Graph 16: VMS preferred format, 2024
    • Curb pill fatigue: highlight other formats, such as powders, creams and drops
    • Graph 17: select VMS preferred format, by age, 2024
    • Curb pill fatigue: highlight other formats, such as powders, creams and drops
    • Innovate traditional formats for older consumers
    • Graph 18: select VMS preferred format, by age, 2024
    • Innovations in VMS products
    • Consumers are open to trying to new VMS products
    • Graph 19: usage and interest in VMS innovations, 2024
    • Use tailored media as an avenue to increase both interest and usage for those not using socials
    • Graph 20: interest in VMS innovations, by social media usage monthly, 2024
    • Use tailored media as an avenue to increase both interest and usage for those not using socials
    • HABIT gives online shoppers a hands-on experience
    • Differentiate VMS purchases from parents’ needs and children’s needs
    • Graph 21: usage and interest in VMS innovations, by parental status + gender, 2024
    • Highlight traditional eastern ingredients to push AAPI consumers from interest to usage
    • Graph 22: usage in VMS innovations, by race – Asian or Pacific Islander, 2024
    • Graph 23: interest in VMS innovations, by race – Asian or Pacific Islander, 2024
    • Highlight traditional eastern ingredients to push AAPI consumers from interest to usage
    • Elix uses specialists to increase comfortability with Traditional Chinese Medicines (TCM)
    • Attitudes and behaviors around VMS
    • Private label, issue-specific products will see success in the VMS space
    • Graph 24: VMS attitudes and behaviors, 2024
    • Grant older women peace of mind while tracking their supplements
    • Graph 25: select VMS attitudes and behaviors – prefer VMS products that focus on one ingredient, by age + gender, 2024
    • Encourage VMS routine from a “sexy” angle
    • Graph 26: Select VMS attitudes and behaviors – only take VMS products when I feel ill or low energy, by gender and marital status, 2024
  4. Innovation and Marketing strategies

    • Launch activity and innovation
    • Neutrogena personalized supplements
    • Brands recognize not everyone wants multicomponent formats
    • Incorporate familiar foods to encourage supplements outside of just dietary health
    • Partner weight loss side effects with alleviation of symptoms
    • Marketing and advertising
    • Olly encourages creating realistic wellness goals
    • Track your VMS intake like a motherf***er with Ritual
    • Redefine who “health experts” are the VMS space
    • Opportunities
    • Address specific health concerns in products
    • Graph 27: select VMS purchase influencers, 2024
    • Graph 28: select VMS attitudes and behaviors, 2024
    • Address specific health concerns in products
    • Enhance educational content around VMS usage
    • Look to BPC for innovative formats
  5. Appendix

    • Market definition
    • Consumer research questions
    • Consumer research methodology
    • Generations
    • Abbreviations and terms
    • Vitamins, minerals and supplements fan chart table
    • Forecast methodology
    • Forecast fan chart methodology
    • Retail sales of vitamin, minerals and supplements, by channel

Why Choose Mintel?

Mintel is the world’s leading market intelligence agency. We show you how consumers think today and tomorrow. As a trusted partner to industry leaders, we deliver game-changing insights to businesses across the globe, fuelling their marketing and innovation strategies that will shape the future.

Access high-quality market research with every purchase of Mintel’s consumer reports. Here’s what else is included in your report purchase:

  • Multiple Report Formats: Mintel’s reports are available in PDF and PPT formats, and are delivered straight to your inbox, so you can easily share Mintel’s market intelligence.
  • Access to Mintel’s Clients Portal: After your purchase is completed, you’ll receive an invitation to join Mintel’s Clients Portal, providing instant access to supplementary insights from Mintel’s industry experts.
  • Interactive Databook: Mintel’s bespoke consumer data is presented as an interactive website, so you can deep dive into your chosen topic, explore demographics and download specific statistics.
  • Custom Presentation Tool: Easily incorporate selected research data and analysis into a tailor-made presentation to win over clients and stakeholders.

Below is a generic PDF sample report. Understand what your are buying.

Please Note: All of the figures, graphs, and tables in this sample report have been redacted.
(Excl.Tax)
Add to cart Choose your options

Is this report right for you?

From consumer reports to customised growth strategies. We have an option to suit your business requirements.

Find out more

Popular Related Reports

Global Outlook on Sustainability: A Consumer Study 2024-25

£ 5,000£ 21,600

Mintel’s 2024-25 Global Outlook on Sustainability: A Consumer Study is designed to help you understand what brands and companies should prioritise in order to educate consumers and ensure...

Find out more

US Nutrition Drinks Market Report 2025

£ 3,695

The US nutrition drinks market is poised for growth, projected to reach $13.2 billion by 2029. With a current market value of $8.7 billion, the nutrition segment is...

Find out more

US Ingestible Beauty Market Report 2024

£ 3,695

The beauty supplement market is bifurcated by heavily engaged and disengaged users: nearly half of beauty supplement consumers have tried 4 or more supplement formats in the past...

Find out more

US Managing Common Illness Consumer Report 2025

£ 3,695

The US cough, cold, flu, and allergy (CCFA) market is undergoing significant transformation, reaching $12.6 billion in 2024 and is expected to grow to $12.8 billion by 2029....

Find out more

US Hispanic Consumers: Diet and Wellness Consumer Report 2025

£ 3,695

With higher rates of obesity vs the average, and significant sources of stress, Hispanic consumers could benefit from improving diet and wellness – but only around a quarter...

Find out more

Vitamins & Minerals in US (2024) – Market Sizes

£ 495

Vitamins & Minerals - US by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2024. This market covers single/dual, multi-vitamins and...

Find out more

Trusted by global industry leaders

Mintel helps us when we want to know something quickly – it provides fast answers to our questions. If we need to get a view of what’s going on in a particular market it’s very useful.

When carrying out background research, I find Mintel an excellent starting point.

The fact that it covers so many markets is a big plus for me– instead of having to buy specialist products in each area we are interested in, especially when we only require a brief view on a particular market, we can go to Mintel for help as a one-stop shop. I find Mintel a useful and valuable resource.

Ben Zeidler, Director - Research and Analytics, Tenth Wave

Mintel is really good for getting a handle on a particular category quickly. If we are working on a new business pitch in an area we don’t have much experience in, it’s a brilliant way to get up to speed with what’s going on, what’s changing and what the key trends are in any category.

It’s very rare now that anyone will plough through a 200-page report – that’s why the summaries are really useful. We know they are backed up by a lot of detail, so if you need to go into something in more depth you know the information will be all there for you.

Pauline Robson, Managing Partner, Mediacom

At Jackman, we believe that powerful strategies are based on human insight. Mintel’s leading-edge reports and insights into consumer attitudes and behaviors are an important input as we develop and execute strategy.

Alana Gavin, VP Research and Insights, Jackman

There is no question that Mintel is the go-to resource for the best quality market research, but I did not think it was an affordable option for Abacus Marketing to consider. As a small marketing agency, we only work with a few new clients each year.

However, we have a very high-end consultative approach to our work, so we really do need a partner like Mintel to provide the big agency experience we are always aiming to deliver. Our clients come from an incredibly diverse range of industry sectors, so we obviously need access to market research reports from a very wide spectrum of marketplaces – and that is precisely what we got.

Stephen Taylor-Brown, Managing Director, Abacus

We’ve found it so useful working more closely with Mintel. They helped support our recent flagship event for our top suppliers by providing a really unique viewpoint on the future of online retailing.

Nick Carroll from their Retail Team was also an excellent panelist, sharing useful and actionable consumer insights. We definitely look forward to working with Mintel again on future projects.

Zac Steele, E-Commerce Trading Development Manager, Waitrose & Partners

Is this report right for you?

From consumer reports to customised growth strategies. We have an option to suit your business requirements.

Find out more