Over the forecast period, dietary supplements is expected to continue to record robust growth in current value terms. However, this is likely to be at a slower rate than seen at the height of the pandemic as local consumers’ fears about COVID-19 have diminished since the country’s successful vaccine rollout.
Innovation in formats and formulations is expected to drive product launches across the forecast period. Players will seek new ways to make their products more effective, easier to ingest and more enjoyable to consume.
Although e-commerce is likely to remain a minor distribution channel, online shopping is expected to play an increasingly important role in dietary supplements compared with many other consumer health categories. Moreover, the channel’s value share will continue continues to rise as more store-based retailers and manufacturers develop their e-commerce channel.
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Understand the latest market trends and future growth opportunities for the Dietary supplements industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dietary supplements industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
It is the aggregation of all dietary supplements: Minerals, fish oils/omega fatty acids, garlic, ginseng, ginkgo biloba, evening primrose oil, Echinacea, St John's Wort, protein supplements, probiotic supplements, eye health supplements, co-enzyme Q10, glucosamine, combination herbal/traditional supplements, non-herbal/traditional supplements, and all other dietary supplements specific to country coverage.See All of Our Definitions
This report originates from Passport, our Dietary supplements research and analysis database.
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