PUBLISHER: Grand View Research | PRODUCT CODE: 1789982
PUBLISHER: Grand View Research | PRODUCT CODE: 1789982
Australia & New Zealand Dietary Supplements Market Summary
The Australia & New Zealand dietary supplements market size was estimated at USD 3.60 billion in 2024 and is projected to reach USD 6.55 billion by 2030, growing at a CAGR of 10.6% from 2025 to 2030. The market growth is fueled by rising health consciousness among consumers and the increasing elderly population.
Consumers increasingly prioritize preventive healthcare and seek supplements to strengthen immunity and manage age-related conditions. Educational campaigns and healthcare professional endorsements boost confidence in supplement use. This combined shift toward proactive wellness and demographic changes is expanding demand, making dietary supplements an essential part of health routines across both countries and driving steady market growth. In July 2024, Melrose Health introduced a new line of longevity-focused supplements designed to combat the shrinking health span and rising chronic diseases among Australia's aging population.
Higher disposable incomes coupled with a booming fitness culture is expected to significantly expand the dietary supplements market in Australia & New Zealand. Consumers with greater spending power invest more in premium supplements that enhance performance, recovery, and general health. Rising gym memberships and active lifestyles boost demand for protein powders, vitamins, and energy boosters.
Australia & New Zealand 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 Australia & New Zealand dietary supplements market report based on ingredients, form, type, application, end use, and distribution channel: