PUBLISHER: Grand View Research | PRODUCT CODE: 1789926
PUBLISHER: Grand View Research | PRODUCT CODE: 1789926
The Central & South America liquid dietary supplements market size was estimated at USD 409.6 million in 2024 and is projected to grow at a CAGR of 10.3% from 2025 to 2030. The growth of the market can be attributed to the region's shifting consumers' preference from using plant-based and herbal remedies towards science-based products, rising health consciousness and preventive healthcare, convenience and ease of consumption, and the expansion of e-commerce platforms in the region.
The shift of consumers' preference from traditional plant-derived remedies towards science-backed products for health and wellness is driving the growth of the market in the region. Considering this, companies are incorporating the use of local natural derivatives in their products to serve consumers needing products with clean labels. To promote transparency, local government is also undertaking initiatives to ensure the safety of consumers. For instance, in November 2024, the Brazilian Health Regulatory Agency (Anvisa) initiated three public consultations (CPs) focused on restructuring the regulatory framework for herbal medicines. This initiative seeks to ensure secure access to medicinal plants and herbal remedies, encouraging the sustainable use of biodiversity and driving the growth of the local pharmaceutical industry.
Central & South America Liquid Dietary Supplements Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Central & South America liquid dietary supplements market report based on ingredients, type, application, end user, distribution channel, and country: