20 Highest Quality Supplement Brands In The US

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In this article, we will take a look at the 20 highest quality supplement brands in the US. If you want to skip our discussion on the supplement industry, you can go directly to the 5 Highest Quality Supplement Brands In The US.

The United States represents a major market for the vitamins and supplements industry. According to Future Market Insights, the global dietary supplement market is predicted to reach a value of at least $74.3 billion in 2024, and the long-term projection suggests reaching $170.1 billion by 2034, with a compound annual growth rate (CAGR) of 9.5%. Meanwhile, the CAGR, specifically for the US market, is estimated at 6.7%. Projections indicate that the US will capture a market share of 34% in 2024. The driving forces behind this growth in the US include an increased awareness of holistic approaches to physical and mental well-being, along with a growing perception of the usefulness of botanical ingredients. As per a survey, one in three consumers in the US are interested in exploring botanical options to improve their physical and mental health.

The global dietary supplement market is further divided into the digestive health and probiotic supplement market. In line with the expansion trend, the market for probiotic supplements is also forecasted to grow at a CAGR of 13.0% during 2024 -2034, while the digestive health supplement market is predicted to expand at a CAGR of 6%. The trend towards preventive health practices is also raising the demand for dietary supplements. In terms of geographical distribution of the market share, Australia is projected to lead global market growth with a CAGR of 8.4%, closely followed by China at 7.8%.

Some of the top nutritional supplement products are offered by popular companies such as Abbott Laboratories (NYSE:ABT), Herbalife International (NYSE:HLF), and Arko Corp (NASDAQ:ARKO). The majority of these manufacturers are targeting the development of dietary supplements, with a specific emphasis on gluten-free products with high nutritional value. Partnerships like the one between O Positiv, a popular women’s health supplement brand, and Target (NYSE:TGT) highlight the mainstream acceptance and growing demand for health supplements.

Here’s what Diamond Hill Capital said about Abbott Laboratories (NYSE:ABT) in its Q3 2023 investor letter:

“Health care facilities operator HCA Healthcare and medical device company Abbott Laboratories (NYSE:ABT) were also among our bottom contributors. Abbott Labs was impacted by concerns about potential threats to its diabetes franchise from new drugs. A majority of Abbott’s continuous glucose monitor (CGM) customers rely on insulin for their treatment, which means their disease will not respond to the newer medications. This concern negatively impacted investor sentiment and, in turn, Abbott’s share price, leading to underperformance in the recent quarter.”