Most categories of dietary supplements are projected to post positive retail volume growth, albeit ranging from marginal-to-slight-to-moderate increases or, in few cases, strong increments, over the forecast period. Category growth is expected to be supported by cannabidiol (CBD) products, which are available, with claims of a wide range of benefits, from licensed retailers.
The US healthcare nutrition company Viome (viome.com) expanded into Canada in 2023.
The category is expected to be significantly impacted by new Health Canada new labelling regulations for Natural Health Products (NHPs), announced by Health Canada in mid-2022. The new labelling requirements mandate specific labelling requirements for NHPs, such as the inclusion of a Product Facts Table.
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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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