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Australia Dietary Supplements Market Size, Share, Trends: By Type: Proteins and Amino Acids, Vitamins and Minerals, Botanicals, Probiotics, Others; By Form: Tablets, Capsules, Powders, Liquids, Soft Gels, Others; By Application: Energy and Weight Management, Others; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032
Australia Dietary Supplements Market Outlook
The Australia dietary supplements market size is projected to grow at a CAGR of 8.1% between 2024 and 2032.
Key Takeaways:
- A growing focus on health is driving the demand for dietary supplements in Australia.
- By June 2022, 99% of providers enrolled in the basic daily fee supplement, per the Department of Health and Aged Care.
- In Australia, the Therapeutic Goods Administration (TGA) oversees vitamin safety and quality regulations comprehensively.
Capsules drive the Australia dietary supplements market growth as they offer pre-measured convenience, ideal for consumers seeking quick and portable supplement intake
Capsules, known for their convenience with pre-measured doses, are favoured for their ease of use, masking taste, and precise dosing. They are also easy to swallow and can be customized for specific formulations. Their sealed design minimizes contamination risks, making them a popular choice.
Powders, on the other hand, offer versatility by easily mixing with liquids, allowing for diverse consumption methods. They can be absorbed quickly when dissolved, and dosages can be tailored to individual preferences. Various flavours cater to different tastes, and eco-friendly packaging options are often available. Additionally, powders are cost-effective and can be gentler on digestion.
In October 2023, Smidge Small Batch Supplements® introduced grass-fed Australian Emu Oil as a source of real food vitamin K2. This Emu Oil, sourced sustainably from grass-fed, heritage-bred Australian emus, contains naturally occurring vitamin K2 (MK-4) with no additives or common allergens. It supports collagen production, skin, bone, and dental health.
Market Segmentation
Australia Dietary Supplements Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Proteins and Amino Acids
- Vitamins and Minerals
- Botanicals
- Probiotics
- Others
Market Breakup by Form
- Tablets
- Capsules
- Powders
- Liquids
- Soft Gels
- Others
Market Breakup by Application
- Energy and Weight Management
- General Health
- Bone and Joint Health
- Immunity
- Cardiac Health
- Gastrointestinal Health
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia dietary supplements market key players are Glanbia Plc, NOW Health Group, Inc., CK Life Sciences International., (Holdings) Inc., Abbott Laboratories, Bayer AG, and Amway Corp. among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Form |
|
| Breakup by Application |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Dietary Supplements Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Dietary Supplements Historical Market (2018-2023)
8.3 Asia Pacific Dietary Supplements Market Forecast (2024-2032)
9 Australia Dietary Supplements Market Overview
9.1 Key Industry Highlights
9.2 Australia Dietary Supplements Historical Market (2018-2023)
9.3 Australia Dietary Supplements Market Forecast (2024-2032)
10 Australia Dietary Supplements Market by Type
10.1 Proteins and Amino Acids
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Vitamins and Minerals
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Botanicals
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Probiotics
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Australia Dietary Supplements Market by Form
11.1 Tablets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Capsules
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Powders
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Liquids
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Soft Gels
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Australia Dietary Supplements Market by Application
12.1 Energy and Weight Management
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 General Health
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Bone and Joint Health
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Immunity
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Cardiac Health
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Gastrointestinal Health
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Others
13 Australia Dietary Supplements Market by Distribution Channel
13.1 Supermarkets and Hypermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Specialty Stores
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Online
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Australia Dietary Supplements Market by Region
14.1 New South Wales
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Victoria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Queensland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Australian Capital Territory
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Western Australia
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Glanbia Plc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 NOW Health Group, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 CK Life Sciences International., (Holdings) Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Abbott Laboratories
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Bayer AG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Amway Corp.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Dietary Supplements Market: Key Industry Highlights, 2018 and 2032
2. Australia Dietary Supplements Market: Key Industry Highlights, 2018 and 2032
3. Australia Dietary Supplements Historical Market: Breakup by Type (USD Million), 2018-2023
4. Australia Dietary Supplements Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Australia Dietary Supplements Historical Market: Breakup by Form (USD Million), 2018-2023
6. Australia Dietary Supplements Market Forecast: Breakup by Form (USD Million), 2024-2032
7. Australia Dietary Supplements Historical Market: Breakup by Application (USD Million), 2018-2023
8. Australia Dietary Supplements Market Forecast: Breakup by Application (USD Million), 2024-2032
9. Australia Dietary Supplements Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Australia Dietary Supplements Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Australia Dietary Supplements Historical Market: Breakup by Region (USD Million), 2018-2023
12. Australia Dietary Supplements Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Australia Dietary Supplements Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 8.1% between 2024 and 2032.
The dietary supplements market is categorised according to type, which includes proteins and amino acids, vitamins and minerals, botanicals, probiotics, and others.
The key players are Glanbia Plc, NOW Health Group, Inc., CK Life Sciences International., (Holdings) Inc., Abbott Laboratories, Bayer AG, and Amway Corp. among others.
Based on the distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, online and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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