The Vietnam dietary supplements market was valued at USD 889.4 million in 2024 and is expected to grow to USD 1,665.2 million by 2030, expanding at a CAGR of 11.1% from 2025 to 2030. The market's expansion is primarily driven by increasing health awareness, a growing population of young adults and working professionals seeking nutritional support, and a notable rise in spending on preventive healthcare.
In recent years, health and wellness have gained considerable attention among Vietnamese consumers. This shift is reflected in changing dietary habits, with more individuals opting for nutrient-rich foods. However, to bridge nutritional deficiencies, dietary supplements have become a preferred choice. There is increasing adoption of specialized supplements such as prenatal and infant supplements, along with those used in managing chronic conditions like cardiovascular diseases.
According to data from the World Health Organization’s Global Health Expenditure Database, Vietnam's per capita health expenditure rose from USD 121.00 in 2015 to USD 189.00 in 2022. Urban areas, particularly Hanoi and Ho Chi Minh City, play a key role in driving demand for dietary supplements.
The market is also witnessing the entry of global companies, contributing to its growth momentum. For example, Otsuka Pharmaceutical Co., Ltd. of Japan completed construction of its Pocari Sweat manufacturing plant in Vietnam in April 2025. This facility will produce 350 ml and 500 ml PET bottle formats of the product, which is expected to further stimulate market opportunities during the forecast period.
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Key Market Trends & Insights
Market Size & Forecast
Key Companies & Market Share Insights
Several companies are actively competing in Vietnam’s dietary supplements market, including Tigerwhey, Amway, Abbott, and others. To remain competitive, these firms are focusing on product innovation, multi-channel distribution strategies, and strategic collaborations.
Key Players
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Conclusion
Vietnam dietary supplements market is poised for significant growth through 2030, driven by increasing health awareness, rising healthcare spending, and growing urban demand for convenient nutritional solutions. The market is further strengthened by the entry of global players, product innovation, and expanding distribution networks. With a CAGR of 11.1%, the industry presents strong growth opportunities for both domestic and international stakeholders aiming to tap into Vietnam’s evolving wellness and healthcare landscape.