Top Five Trends in Consumer Health

October 2024

Despite persistent softness in 2024, the global consumer health marketplace will likely draw on several trends to drive growth over the next five years. Collectively, these factors are expected to meaningfully propel interest in categories across sports nutrition, vitamins and dietary supplements and even OTC drugs, though the depth and persistence of these effects will be influenced by brand innovation, focus on meeting specific consumer demands, and commitment to consumer education.

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Key Findings

Gut health is undergoing a renaissance tied to new brands and extended benefits

Gut health, the fastest-growing dietary supplement benefit in the 2010s, is back as an anchor to multifunctional products, as more consumers understand the linkage between gut health and other adjacent health considerations and as adjacent industries like soft drinks and snacks have mainstreamed gut health solutions in various markets.

Consumers, holding off on many health purchases, are maintaining interest in beauty from within

Long-standing demand for beauty-positioned supplements in Asia has reached other regions, with considerable growth expected, especially in the US, behind enterprising start-ups as well as bigger investments by market leaders (like Unilever’s acquisition of Nutrafol in 2022).

Demand for “healthy ageing” products is reaching a crescendo, but what are they really?

The term “healthy ageing” is ready for a facelift through more precise terminology and more specific approaches for consumers at different stages of ageing. To do so, the industry must build a more sophisticated approach around solutions to meet specific needs at different life-stages rather than unsupportable, broad claims.

Sports nutrition continues to dominate through extending messaging and markets

Sports nutrition has a long runway for growth, as the industry is embracing wider benefits and messaging to attract a more diverse group of consumers and is steering investments into emerging economies with low penetration to diversify away from the industry’s historically narrow geographic footprint.

The rise of weight loss drugs presents risks and opportunities for consumer health

Prescription-based weight loss drugs are still in their infancy, but consumer health companies would be wise to develop strategies now to allow their products to be used in conjunction with these drugs before future consumer demand is harder to shift.

Our expert’s view of Consumer Health in 2024
Key findings
Consumer health, despite slow growth in 2024, has promising avenues for future growth
Top five trends in Consumer Health
Top five trends uncovered
Gut health re-emerging as an anchor benefit to attract a wide range of consumer groups
Boom in gut health seen across brands despite rising prices
Gutsi builds interest in gut health through guided regimens, benefit extensions
Gut health growth is likely to be considerable but requires industry focus on results
The convergence of beauty and health, inspired by Asia, has taken hold globally
Younger and female consumers are driving interest in beauty from within
Bloomage Biotech among a vibrant new crop of beauty supplements in China
Beauty’s role in health is evolving, with strong expectations for future innovation
Healthy ageing supported by extreme global demographic changes
Healthy ageing demands differ by age cohort, calling into question existing approaches
Bayer’s One A Day Age Factor Cell Defense fighting to mainstream cellular health
The promise of healthy ageing approaches is manifest but might take time
Sports nutrition extending product development towards broader health needs
Sports nutrition’s evolution is leading the category to new and promising markets
Provytl extends sports nutrition’s proposition to older consumers
Sports nutrition’s future looks bright, but brands should tailor strategies to new targets
GLP-1 drugs likely to dramatically reshape the near-term direction of consumer health
GLP-1s will affect a core group of weight management and dietary supplements
Nestlé Health Science introduces a web platform for GLP-1 users
Weight loss drugs likely to affect consumer health dramatically over the forecast period
Future implications
Opportunities for growth

Consumer Health

It is the aggregation of OTC, Vitamins and Dietary Supplements (VDS), Sports Nutrition, and Weight Management and Wellbeing

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