Global Vegan Vitamins and Supplements Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Vitamin B-12, Iron, Omega-3 Fatty Acids, Vitamin D, Vitamin K-2, Zinc, and Iodine.

By End User;

Hypermarket, Supermarket, Mass Merchandisers, Specialty Stores, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn126142284 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Vegan Vitamins and Supplements Market (USD Million), 2021 - 2031

In the year 2024, the Global Vegan Vitamins and Supplements Market was valued at USD 7,473.83 million. The size of this market is expected to increase to USD 11,985.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The growing number of people adopting plant-based diets is a primary driver for market growth. For instance, according to a 2021 report by the Vegan Society, approximately 2.7 million households in the UK had adopted a vegan lifestyle for better health. Additionally, an IPOS survey from 2018 revealed that around 230 million people, constituting about 3% of the global population, adhered to a vegan lifestyle. As more individuals choose to eliminate animal ingredients from their diets, the demand for supplements providing essential nutrients commonly found in plant ingredients has increased. The COVID-19 pandemic has further heightened awareness of health and wellness, prompting individuals to seek ways to strengthen their immune systems. This increased focus on personal health has led to a growing interest in plant-based supplements, rich in vitamins, minerals, and antioxidants. For example, in July 2023, Cymbiotika, a prominent nutritional supplement brand, announced the relaunch of its Elderberry ingredient, designed to support and boost immune function.

Furthermore, government support and regulations are instrumental in propelling the market's growth through various strategic initiatives. Government-sponsored nutritional education programs contribute to increased awareness regarding the benefits of plant-based supplements and the importance of obtaining essential nutrients from alternative sources. Such initiatives foster a positive environment for accepting and consuming plant-based supplements. For instance, as reported by VegNews in 2022, global governments have significantly increased their investments in the alternative protein sector, doubling the funding to reach a total of USD 635 million. This growing governmental support and investment underscore the commitment to promoting plant-based nutrition and supporting the development and acceptance of vegan protein supplements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Vegan Vitamins and Supplements Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Popularity of Veganism
        2. Growing Health Consciousness
      2. Restraints
        1. Limited Ingredient Availability
        2. Lack of Awareness
      3. Opportunities
        1. Focus on Sustainability
        2. Targeting Specific Demographics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Vegan Vitamins and Supplements Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Capsule
    2. Global Vegan Vitamins and Supplements Market, By Application, 2021 - 2031 (USD Million)
      1. Vitamin B-12
      2. Iron
      3. Omega-3 fatty acids
      4. Vitamin D
      5. Vitamin K-2
      6. Zinc
      7. Iodine
    3. Global Vegan Vitamins and Supplements Market, By End User, 2021 - 2031 (USD Million)
      1. Hypermarket
      2. Supermarket
      3. Mass Merchandisers
      4. Specialty Stores
      5. Others
    4. Global Vegan Vitamins and Supplements Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
      6. Brazil
      7. Mexico
      8. Argentina
      9. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. VegLife, Dupont
      2. Jarrow Formulas
      3. VitaminEnergy
      4. Solgar Inc
      5. DEVA
      6. NOW Foods
      7. Natrol
      8. Vitacost
      9. Garden of Life
  7. Analyst Views
  8. Future Outlook of the Market