# The Natural Health Supplements Market To Walk Through Digital Transformation Stampede
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-11-15
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Natural Health Supplements Market Forecast 2024
Meta Description: Discover the latest trends in natural health supplements market, projected growth, key players, and valuable insights in our comprehensive report. Request a
URL: https://financedigest.com/the-natural-health-supplements-market-to-walk-through-digital-transformation-stampedehtml

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In various parts of the world, health supplements are included as a part of a diet that beholds higher nutritional value. The status of these health supplements also plays a key role in their sales. A majority of consumers will prefer that these nutritional ingredients get derived from [natural or organic sources](https://www.financedigest.com/algeria-regains-spot-as-spains-top-natural-gas-source-enagas.html "Algeria regains spot as Spain’s top natural gas source -Enagas"). Persistence Market Research’s recently published study explores the [global market for natural](https://www.financedigest.com/u-n-summit-aims-for-global-pact-to-protect-nature.html "U.N. summit aims for global pact to protect nature") health supplements, projecting how the demand for natural health supplements will shape up in the years to come. And, the crux forecast of Persistence Market Research’s report goes – “In 2016, global [natural health supplements market](http://www.persistencemarketresearch.com/market-research/natural-health-supplements-market.asp) was estimated to be valued at US$ 36,803.52 Mn; which is assessed to increase at a CAGR of 8.0% to reach US$ 68,140.05 Mn by the end of 2024.”

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Factors measured by analysts for [assessment of this forecast](https://www.financedigest.com/automotive-mats-market-industry-analysis-opportunity-assessment-and-forecast-up-to-2031.html "Automotive Mats Market: Industry Analysis, Opportunity Assessment and Forecast up to 2031") include:

- Increasing government [funding towards](https://www.financedigest.com/gdpr-readiness-finance-and-it-most-funded-sectors-in-race-towards-general-data-protection-regulation-compliance.html "GDPR readiness: Finance and IT most funded sectors in race towards General Data Protection Regulation compliance") R&D of nutritional supplements
- [Growing consumption of unused volumes of natural-based ingredients](https://www.financedigest.com/the-baking-ingredients-market-to-grow-on-an-astute-note.html "The Baking Ingredients Market To Grow On An Astute Note") in health supplement industry
- [Rising adoption of self/direct medication](https://www.financedigest.com/unabated-rise-in-internal-complexities-to-boost-the-demand-for-medical-devices.html "Unabated rise in Internal Complexities to Boost the Demand for Medical Devices") practices among consumers
- Use of natural health supplements as preventive measure for lifestyle diseases
- Surging demand for natural [health supplements among geriatric population suffering from bone & joint](https://www.financedigest.com/the-bone-and-joint-health-supplements-market-to-escalate-on-a-holistic-note.html "The Bone And Joint Health Supplements Market To Escalate On A Holistic Note") disorders

Escalating global clout of e-commerce platforms and [digitalization trends are also observed to be key boosters for the market’s](https://www.financedigest.com/choosing-a-freelance-digital-marketing-consultant.html "Choosing A Freelance Digital Marketing Consultant") growth. The report also expects manufacturers of [health supplements to remain inclined towards formulation of natural health supplements having holistic benefits](https://www.financedigest.com/aon-completes-acquisition-of-health-and-benefits-brokerage-and-solutions-firm-admix.html "Aon completes acquisition of health and benefits brokerage and solutions firm Admix"). Companies such as Herbalife International Inc., Omega Protein Corporation, Archer Daniels Midland Company, Evonik Industries AG, Amway Corporation, The Nature’s Bounty Co., Naturex SA, Blackmores Limited, United Naturals Food, Inc., and Nutraceutical International Corporation are recognized as key manufacturers of natural [health supplements in the world](https://www.financedigest.com/breaking-the-stigma-men-and-mental-health-in-the-world-of-investments.html "Breaking the Stigma: Men and Mental Health in the World of Investments").

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The report also projects higher contribution of Asia-Pacific (APAC) region to the [global natural health](https://www.financedigest.com/bill-gates-south-korea-expand-global-health-partnership.html "Bill Gates, South Korea expand global health partnership") supplement revenues. In 2017 and beyond, the APAC [natural health supplement market will register fastest revenue growth](https://www.financedigest.com/natural-food-colours-market-is-set-to-experience-revolutionary-growth-by-2028.html "Natural Food Colours Market Is Set to Experience Revolutionary Growth by 2028") and exhibit a value CAGR of 8.5%. North America will also be a lucrative region for natural [health supplement businesses](https://www.financedigest.com/are-there-tax-breaks-for-business-health-insurance.html "Are there tax breaks for business health insurance?") during the forecast period. By 2024-end, over US$ 22 Bn worth of natural health supplements will be [consumed across](https://www.financedigest.com/nets-rolls-out-preventative-fraud-service-to-protect-online-consumers-across-the-nordics.html "Nets Rolls Out Preventative Fraud Service to Protect Online Consumers Across the Nordics") the US and Canada.

Considering the demographics of consumers for natural health supplements, women consumers will remain [key targets](https://www.financedigest.com/japans-inflation-stays-above-bojs-target-key-gauge-hits-four-decade-high.html "Japan’s inflation stays above BOJ’s target, key gauge hits four-decade high") for manufacturers. Towards the end of 2021, a little over 40% of the [world’s natural health](https://www.financedigest.com/explainer-how-the-world-health-organization-might-fight-future-pandemics.html "Explainer-How the World Health Organization might fight future pandemics") supplement revenues are projected to be accounted by women consumers. [Product offerings and future developments](https://www.financedigest.com/market-realist-snags-motley-fool-analyst-brings-on-product-development-guru.html "Market Realist Snags Motley Fool Analyst, Brings on Product Development Guru") of natural health supplement manufacturers are, thus, likely to remain direct towards attracting – firstly women, and then senior citizens. Sports & nutrition applications of natural health supplements are also projected to bring in [higher revenues](https://www.financedigest.com/digital-sales-transformation-is-key-to-faster-higher-revenue.html "Digital sales transformation is key to faster, higher revenue"), procuring over one-fourth share of global revenues throughout the forecast period. Demand for natural [health supplements will also gain traction in bone & joint support](https://www.financedigest.com/supporting-your-employees-mental-health-wfh.html "Supporting Your Employees Mental Health WFH") and weight management applications.

While mass merchandize will be observed as the largest [sales channel for natural health supplements, revenues accounted by direct sales and natural & health food sales outlets will register impressive growth](https://www.financedigest.com/sales-of-phev-in-wheel-motor-is-set-to-register-30-04-growth-by-2027-reveals-fact-mr.html "Sales of PHEV In-Wheel Motor Is Set to Register 30.04% Growth by 2027 – Reveals Fact.MR") at 8.2% CAGR. In addition to this, key findings from the report also estimate that during the course of forecast period, more than 80% of natural health supplements produced in the world will be derived from [plant and marine sources](https://www.financedigest.com/exclusive-foxconn-woes-could-hit-at-least-30-of-iphone-nov-shipments-from-china-plant-source.html "Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source"), with both these segments contributing with nearly-equal shares. Natural health [supplements in the form of tablets are presently](https://www.financedigest.com/andro-supplements-market-2022-present-scenario-and-growth-prospects-2028.html "Andro Supplements Market 2022 | Present Scenario and Growth Prospects 2028") in great demand, but are expected to lose traction during the forecast period. By end of 2024, demand for natural health supplements in the form of capsules and softgel will have increased, registering value [CAGRs of 8% and 8.5% respectively](https://www.financedigest.com/u-s-likely-to-expand-at-a-cagr-of-4-with-respect-to-non-bps-laden-thermal-papers-demand-through-2031.html "U.S Likely to Expand at a CAGR of 4% with Respect to Non-BPS Laden Thermal Papers Demand through 2031").

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