# Liquid Nutritional Supplement Market

> Liquid Nutritional Supplement Market: USD 24.52 billion in 2025, USD 43.22 billion by 2035 (5.83% CAGR) as ageing adults and protein shake buyers drink more.

Publisher: Douglas Insights  
Author: Douglas Insights Research Desk  
Report code: DI-FB-10678  
Published: 2026-10-08  
Last updated: 2026-10-08  
Next review: Apr 2027  
Page: https://www.douglasinsights.com/liquid-nutritional-supplement-market/

## Key figures

| Measure | Value | How it is built |
| --- | --- | --- |
| Market size · 2025 | $24.52 Bn | 11.62 billion servings x USD 2.11 per serving = USD 24.52 billion |
| Forecast · 2035 | $43.22 Bn | USD 43.22 billion in 2035 |
| Revenue CAGR · 2026-2035 | 5.83% | servings and price legs multiplied |
| Volume · 2035 | 17.79 billion servings | from 11.62 billion in 2025 at 4.35% a year |
| Leading segment | Oral nutritional supplement drinks | 27.4% of 2025 revenue, USD 6.72 billion |
| Fastest segment | Protein ready-to-drink shakes | 8.26% a year to 2035 |
| Fastest region | Asia Pacific | 7.48% a year to 2035 |
| Market leader | Abbott | 10.6% share, Douglas Insights estimate |
| Event | Danone completes Huel, 4 September 2026 | https://www.danone.com/content/dam/corp/global/danonecom/investors/en-all-publications/2026/pressreleases/prdanone040926.pdf |

## Key takeaways

- Liquid nutritional supplements are worth USD 24.52 billion in 2025 and USD 43.22 billion by 2035, a 5.83% revenue CAGR.
- Oral nutritional supplement drinks lead with 27.4% of value; protein ready-to-drink shakes grow fastest at 8.26% a year.
- Abbott holds an estimated 10.6% share and the top three 26.5%.
- Asia Pacific grows 7.48% a year while North America keeps the largest base at USD 9.02 billion.
- The 25 February 2028 healthy claim compliance date touches USD 12.55 billion of shake and sip-feed revenue.

Danone completed its purchase of Huel on 4 September 2026, adding ready-to-drink complete-nutrition shakes sold mainly direct to consumers to the group that already owns Nutricia and Kate Farms ([Danone release](https://www.danone.com/content/dam/corp/global/danonecom/investors/en-all-publications/2026/pressreleases/prdanone040926.pdf)). Liquid nutritional supplements are drinkable products taken to add calories, protein, vitamins or minerals to the diet; the Liquid Nutritional Supplement Market covers oral nutritional supplement drinks, adult shakes, protein ready-to-drink shakes, liquid vitamins and concentrated shots. Our model sizes it at USD 24.52 billion in 2025, rising to USD 43.22 billion in 2035 at a revenue CAGR of 5.83%. The arithmetic is 11.62 billion servings multiplied by an average realised price of USD 2.11 per serving, which equals USD 24.52 billion. The study belongs to the Douglas Insights [beverages coverage](https://www.douglasinsights.com/industry/food-beverages/beverages/) and follows the [research methodology](https://www.douglasinsights.com/research-methodology/).

## Which companies control liquid nutritional supplement shelves and hospital wards?

Abbott leads liquid nutritional supplements with an estimated 10.6% share in 2025, and the top three, Abbott, Nestle Health Science and Danone, hold 26.5% between them. Their edge is clinical credibility: hospital formularies, dietitian referrals and pharmacy shelf space. The same firms appear in our [Nutraceutical Products Market](https://www.douglasinsights.com/nutraceutical-products-market/) study, where liquids are one format among many.

Douglas Insights estimates Abbott sells about USD 2.60 billion of liquid product, anchored on Adult Nutritionals sales of USD 4.48 billion in 2025, up 3.0% organically, of which roughly 58% we treat as ready-to-drink Ensure and Glucerna volume. The picture turned in 2026. Abbott reported Adult Nutrition sales of USD 1.12 billion for the second quarter, down 4.0% on a comparable basis, with U.S. sales off 6.4% after pricing actions ([Abbott second-quarter 2026 results](https://abbott.mediaroom.com/2026-07-16-Abbott-Reports-Second-Quarter-2026-Results-and-Raises-Full-Year-EPS-Guidance)).

Nestle Health Science reported CHF 6.55 billion of 2025 sales with 3.2% organic growth, and its medical nutrition brands Resource and Compleat grew at a mid single-digit pace ([Nestle full-year 2025 results](https://www.nestle.com/media/pressreleases/allpressreleases/full-year-results-2025)). We attribute USD 2.01 billion, a 8.2% share, to liquid formats, since much of the unit sells capsules and powders.

Danone grew Specialized Nutrition 7.4% like-for-like to EUR 9.28 billion in 2025, with Adult Medical Nutrition leading Europe in the fourth quarter and Kate Farms lifting North America ([Danone full-year 2025 release](https://www.danone.com/content/dam/corp/global/danonecom/investors/en-all-publications/2026/pressreleases/danonepr200226.pdf)). Kate Farms brought plant-based shakes stocked in more than 1,400 U.S. hospitals when Danone took majority control in 2025. Douglas Insights puts Danone at USD 1.88 billion, or 7.7%, before any Huel contribution.

BellRing Brands is the consumer challenger. Premier Protein net sales rose 16.8% in fiscal 2025 on 14.6% higher volume, and group net sales reached USD 2.32 billion ([BellRing fiscal 2025 results (SEC)](https://www.sec.gov/Archives/edgar/data/1772016/000162828025052773/brbrexh991-q42025earningsr.htm)). We count USD 1.79 billion of that as ready-to-drink shakes, a 7.3% share. Fresenius Kabi completes the clinical tier: its nutrition unit booked EUR 602 million in the fourth quarter of 2025, with 5% organic growth, and we place its sip-feed liquids at USD 688.0 million.

| Company | Liquid revenue 2025 (Douglas Insights estimate) | Share | Built on |
| --- | --- | --- | --- |
| Abbott | USD 2.60 billion | 10.6% | Ensure and Glucerna in pharmacies and hospitals |
| Nestle Health Science | USD 2.01 billion | 8.2% | Resource, Compleat and Boost in clinical and retail |
| Danone | USD 1.88 billion | 7.7% | Nutricia sip feeds, Kate Farms, Huel |
| BellRing Brands | USD 1.79 billion | 7.3% | Premier Protein shakes in club and mass retail |
| Fresenius Kabi | USD 688.0 million | 2.8% | Clinical sip feeds in European hospitals |

The remaining 63.4% of liquid nutritional supplement revenue is split across private label, regional dairies and hundreds of liquid vitamin brands. No single tail player tops 2%.

## Where does the liquid nutritional supplement boundary sit against powders and infant formula?

Liquid nutritional supplements include every drinkable, shelf-stable or chilled product sold to add nutrients, worth USD 24.52 billion across 11.62 billion servings in 2025. Powders, tablets, gummies, infant formula, sports energy drinks and tube feeds sit outside the scope, because their price per serving and buyers differ.

The model tracks five product groups, four end users (older adults, clinical patients, active adults and children) and four channels: retail pharmacies, hospitals and long-term care, supermarkets and mass merchants, and e-commerce. A serving is the label serving, typically 200 to 330 ml for a shake and 5 to 30 ml for a liquid vitamin. Plant-protein formulas overlap with the [Plant Based Supplement Market](https://www.douglasinsights.com/plant-based-supplement-market/), and iron syrups with the [Iron Supplements Market](https://www.douglasinsights.com/iron-supplements-market/); we count only the liquid share of each.

## Which liquid nutritional supplement product type makes the money, by segment?

Oral nutritional supplement drinks lead liquid nutritional supplements with 27.4% of 2025 revenue, or USD 6.72 billion, because hospitals and care homes buy them on prescription at the highest price per serving. Protein ready-to-drink shakes grow fastest, at 8.26% a year to 2035.

| Segment | Share 2025 | Value 2025 | CAGR 2026-2035 | Value 2035 |
| --- | --- | --- | --- | --- |
| Oral nutritional supplement drinks | 27.4% | USD 6.72 billion | 5.12% | USD 11.07 billion |
| Adult and senior nutrition shakes | 23.8% | USD 5.84 billion | 4.38% | USD 8.96 billion |
| Protein ready-to-drink shakes | 21.7% | USD 5.32 billion | 8.26% | USD 11.77 billion |
| Liquid vitamins and minerals | 16.3% | USD 4.00 billion | 5.05% | USD 6.54 billion |
| Liquid shots and functional concentrates | 10.8% | USD 2.65 billion | 5.71% | USD 4.61 billion |

Oral nutritional supplement drinks are worth USD 6.72 billion. Disease-related malnutrition protocols, energy-dense 1.5 to 2.4 kcal per ml formulas and reimbursement in several European systems explain the share.

Adult and senior nutrition shakes add USD 5.84 billion, a 23.8% slice built on Ensure, Boost and similar pharmacy brands bought by families for parents over 65. Growth of 4.38% tracks ageing, not innovation.

Protein ready-to-drink shakes bring USD 5.32 billion today and USD 11.77 billion by 2035. Gym users and weight-management buyers want 20 to 42 grams of protein in a sealed bottle, and club stores sell them by the 18-pack.

Liquid vitamins and minerals account for USD 4.00 billion. Cheap per serving, they matter for children and for adults who struggle to swallow tablets, so their 5.05% growth leans on pediatric drops and iron syrups.

Liquid shots and functional concentrates are the smallest group at USD 2.65 billion and 10.8% of value. [Collagen](https://www.douglasinsights.com/collagen-market/), probiotic and electrolyte shots expand at 5.71% a year, mostly online.

## Why are older adults and protein shake buyers lifting liquid nutritional supplement volumes?

Liquid nutritional supplement servings grow 4.35% a year to 2035, from 11.62 billion to 17.79 billion. Four forces supply that volume leg: ageing households, protein shakes, clinical feeding protocols and online and Asian demand, with older adults the largest single contributor.

Ageing adds 1.62 points. Douglas Insights counts adult and senior shakes plus oral nutritional supplement drinks at 51.2% of 2025 value, and both track people over 75 who lose muscle and appetite. In our model every additional million people above 80 lifts annual demand by roughly 41 million servings, because about one in five buys a shake at least weekly. Older adults already buy 39.2% of all servings, and their share edges up by about 0.3 points a year as the over-80 cohort expands faster than any younger group.

Protein shakes add 1.48 points. BellRing reported 14.6% higher Premier Protein volume in fiscal 2025 and an 18.4% volume rise in ready-to-drink shakes in the fourth quarter ([BellRing results](https://www.sec.gov/Archives/edgar/data/1772016/000162828025052773/brbrexh991-q42025earningsr.htm)). That rate cools to about 8% a year in our forecast, still double the market. Ready-to-drink protein now sits in coffee aisles and convenience coolers, not only nutrition shelves. A typical bottle carries 30 grams of protein for under USD 2.60, cheaper per gram than many bars, which is why active adults switch formats from powders and bars to bottles they can carry to work or the gym.

Clinical protocols add 0.81 points. Hospital screening for malnutrition triggers a sip-feed order of two bottles a day for 14 to 30 days in most European and North American pathways. Danone said Adult Medical Nutrition led European growth late in 2025 and that Kate Farms is scaling U.S. medical nutrition ([Danone results](https://www.danone.com/content/dam/corp/global/danonecom/investors/en-all-publications/2026/pressreleases/danonepr200226.pdf)). Each 1% rise in screened admissions adds about 9 million servings to our count.

Online and Asian demand adds the last 0.44 points. Huel, bought by Danone, sells mostly direct to consumers, which shows how subscription shakes reach buyers outside pharmacies ([Danone on Huel](https://www.danone.com/content/dam/corp/global/danonecom/investors/en-all-publications/2026/pressreleases/prdanone040926.pdf)). Asia Pacific liquid supplement revenue grows 7.48% a year in our model, led by China, Japan and India. E-commerce already moves 17.3% of category value, and subscription buyers order a 12-bottle case every 2 to 4 weeks, so a single online customer is worth roughly 180 servings a year. The four contributions, 1.62, 1.48, 0.81 and 0.44 points, sum to the 4.35% volume leg.

## Which headwinds slow liquid nutritional supplement servings after 2025 price rises?

Three headwinds remove about 0.97 points from liquid nutritional supplement volume growth: price fatigue among U.S. shake buyers, sugar and labelling rules, and reimbursement caps. Without them the volume leg would run near 5.32% rather than 4.35%, and 2035 revenue would sit about USD 4.2 billion higher.

Price fatigue removes 0.42 points. Abbott reported U.S. Adult Nutrition sales down 6.4% in the second quarter of 2026 and blamed lower volumes after earlier pricing ([Abbott](https://abbott.mediaroom.com/2026-07-16-Abbott-Reports-Second-Quarter-2026-Results-and-Raises-Full-Year-EPS-Guidance)). Shake buyers switch to store brands when a 6-pack passes USD 13.

Labelling rules remove 0.31 points. The U.S. healthy claim rule sets added-sugar and saturated-fat limits, with compliance due by 25 February 2028 ([Federal Register](https://www.federalregister.gov/documents/2024/12/27/2024-29957/food-labeling-nutrient-content-claims-definition-of-term-healthy)). In our model, standard vanilla and chocolate adult shakes carry 15 to 20 grams of sugar per bottle and need 6 to 9 months of reformulation per product line.

Reimbursement caps remove 0.24 points. Douglas Insights estimates that 38% of oral nutritional supplement drinks are paid by health systems, and tenders in Europe press hospital prices 2 to 4% lower each round.

## Where do liquid nutritional supplement sales grow fastest by region?

North America leads liquid nutritional supplements with USD 9.02 billion in 2025, 36.8% of global revenue, while Asia Pacific grows fastest at 7.48% a year. Protein shakes drive the first; ageing in China and Japan and online sales drive the second.

North America reaches USD 14.99 billion by 2035 at 5.21% a year, with BellRing and Abbott fighting for the U.S. shake shelf.

Europe holds USD 6.64 billion, growing 4.62% a year to USD 10.44 billion; hospital sip feeds and tendered reimbursement keep it slower but steady.

Asia Pacific starts at USD 6.47 billion and climbs to USD 13.32 billion. Our model gives Japan and China 61% of the region, with India the fastest riser from a small base.

Latin America adds USD 1.45 billion in 2025, rising 6.37% a year; Danone cited a solid medical nutrition contribution there in 2025.

The Middle East and Africa is the wildcard at USD 931.7 million, compounding 6.73% a year to USD 1.79 billion, on hospital sip-feed demand in the Gulf states and South Africa.

## How much do buyers pay per bottle of liquid nutritional supplement?

Buyers pay an average realised USD 2.11 per serving of liquid nutritional supplement in 2025, rising 1.42% a year to about USD 2.43 by 2035. The spread is wide: clinical sip feeds cost five times a spoon of liquid vitamin.

| Segment | Realised price per serving, 2025 |
| --- | --- |
| Oral nutritional supplement drinks | USD 2.60 to 4.10 |
| Adult and senior nutrition shakes | USD 1.45 to 2.35 |
| Protein ready-to-drink shakes | USD 1.55 to 2.60 |
| Liquid vitamins and minerals | USD 0.32 to 0.95 |
| Liquid shots and functional concentrates | USD 1.20 to 3.40 |

Oral nutritional supplement drinks fetch USD 2.60 to 4.10 per 200 ml bottle, because they are prescribed and reimbursed. Retail shakes realise USD 1.45 to 2.35 after promotions; BellRing said promotions cut price/mix late in fiscal 2025 even as volume rose 18.4%.

Douglas Insights expects the 1.42% price leg to come from mix, not list prices. Higher-protein and plant-based formulas carry 15 to 25% premiums, while the base vanilla shake stays flat.

## Which sales channels move liquid nutritional supplements, from pharmacy counter to care home?

Retail pharmacies sell about 31.4% of liquid nutritional supplement value, the largest channel, because older buyers trust pharmacist advice. Hospitals and long-term care take 24.6%, supermarkets and mass merchants 26.7% and e-commerce 17.3%, the share that grows fastest in our 2035 model.

E-commerce grows fastest, near 9.4% a year in our model, because subscription shakes ship by the case. Hospitals and long-term care buy on annual tenders with 12 to 36 month contracts.

## Do older adults, clinical patients, active adults or children drink the most liquid nutritional supplements?

Older adults buy 39.2% of liquid nutritional supplement servings, ahead of active adults at 27.5%, clinical patients at 21.8% and children at 11.5%. Older adults buy for appetite and muscle loss after 75; active adults buy 20 to 42 grams of protein per bottle.

Clinical patients drink fewer servings but at the highest price, so they carry more value than volume suggests. Children use mostly liquid vitamins, drops and growth shakes sold in pharmacies.

## What if liquid nutritional supplement volumes run faster or slower to 2035?

The base case reaches USD 43.22 billion in 2035; a slower case lands at USD 36.97 billion and a faster case at USD 50.59 billion. Volume carries most of the swing: legs run from 3.12% to 5.58% a year for servings and 1.04% to 1.83% for price.

Slower: 3.12% servings and 1.04% price, a 4.19% revenue CAGR, if U.S. shake volumes stay weak after the 2026 price actions Abbott described ([Abbott Q2 2026](https://abbott.mediaroom.com/2026-07-16-Abbott-Reports-Second-Quarter-2026-Results-and-Raises-Full-Year-EPS-Guidance)). Faster: 5.58% servings and 1.83% price, a 7.51% CAGR, if Danone scales Huel and Kate Farms well beyond Europe, as its 4 September 2026 completion intends ([Danone](https://www.danone.com/content/dam/corp/global/danonecom/investors/en-all-publications/2026/pressreleases/prdanone040926.pdf)).

Sensitivity: one extra point of annual serving growth adds about USD 4.32 billion to 2035 revenue. Published forecasts for liquid supplements run from about 4.0% to 11.65% a year; our 5.83% sits in the lower half because we exclude powders and sports drinks.

## Which rules govern liquid nutritional supplement labels, from medical foods to the healthy claim?

Two rulebooks shape liquid nutritional supplements: food for special medical purposes (FSMP) rules in Europe and U.S. food labelling, including the healthy claim due by 25 February 2028 ([Federal Register](https://www.federalregister.gov/documents/2024/12/27/2024-29957/food-labeling-nutrient-content-claims-definition-of-term-healthy)). Together the two rulebooks reach about 51.2% of liquid category value in 2025.

In the European Union, Commission Delegated Regulation (EU) 2016/128 sets composition and information rules for FSMP, which covers most hospital sip feeds. Products must be used under medical supervision, so retail claims stay narrow.

In the United States, adult shakes are regulated as foods and medical foods, not drugs. The healthy rule caps added sugar per serving, and Douglas Insights estimates about 60% of adult shake stock-keeping units (SKUs) would need a sugar cut to qualify.

## Douglas Exclusive: the liquid nutrition catalyst calendar

The catalyst calendar is a Douglas Insights model built from 10 dated inputs taken from 9 primary documents: company results, deal releases and the Federal Register. It places each event on a timeline and tags the liquid nutritional supplement revenue it touches.

| Date | Event | Segment touched | Revenue touched (Douglas Insights estimate) |
| --- | --- | --- | --- |
| 27 Dec 2024 | U.S. healthy claim rule published | Adult shakes, ONS | USD 12.55 billion |
| 1 Jul 2025 | Danone completes Kate Farms majority stake | ONS, plant-based shakes | USD 1.88 billion |
| 18 Nov 2025 | BellRing fiscal 2025: Premier Protein volume +14.6% | Protein shakes | USD 5.32 billion |
| 22 Jan 2026 | Abbott 2025: Adult Nutritionals +3.0% organic | Adult shakes | USD 2.60 billion |
| 19 Feb 2026 | Nestle Health Science 2025: +3.2% organic | ONS, adult shakes | USD 2.01 billion |
| 20 Feb 2026 | Danone 2025: Specialized Nutrition +7.4% LFL | ONS | USD 1.88 billion |
| 25 Feb 2026 | Fresenius Kabi Q4 2025 nutrition EUR 602 million | ONS | USD 688.0 million |
| 16 Jul 2026 | Abbott Q2 2026: Adult Nutrition -4.0% comparable | Adult shakes | USD 2.60 billion |
| 4 Sep 2026 | Danone completes Huel | Protein shakes, e-commerce | USD 1.88 billion |
| 25 Feb 2028 | Healthy claim compliance date | Adult shakes, ONS | USD 12.55 billion |

The finding: 7 of the 10 inputs signal growth, 1 signals contraction and 2 are rule dates. The one negative signal, Abbott in U.S. adult shakes, touches USD 2.60 billion, about 10.6% of the liquid nutritional supplement market. Three of the 10 inputs come from Danone, the most active consolidator.

Reading the calendar forward, the 25 February 2028 compliance date is the next hard event, and it sits on USD 12.55 billion of oral nutritional supplement and adult shake revenue.

## Methodology: how do 11.62 billion liquid supplement servings reconcile to USD 24.52 billion?

Liquid nutritional supplement servings of 11.62 billion at USD 2.11 each equal USD 24.52 billion, built from 19 inputs. Those are 5 company revenue anchors, 5 segment price bands, 5 regional serving counts and 4 published forecasts, each checked against the 2025 total.

Cross-check one: the five named companies sum to USD 8.97 billion, 36.6% of our total, leaving a tail of private label and small brands. Cross-check two: Abbott Adult Nutritionals of USD 4.48 billion, with a 58% liquid share, gives USD 2.60 billion, matching our company build within 0.1%. Regions sum to the USD 24.52 billion global figure within USD 0.3 million in 2025 and 2035.

Revenue CAGR is (1 + 4.35%) times (1 + 1.42%) minus 1, which equals 5.83%. Douglas Insights reviews the model each quarter after company results.

## Market by segment

| Segment | Share | Value |
| --- | --- | --- |
| Oral nutritional supplement drinks | 27.4% | $6.72 Bn |
| Adult and senior nutrition shakes | 23.8% | $5.84 Bn |
| Protein ready-to-drink shakes | 21.7% | $5.32 Bn |
| Liquid vitamins and minerals | 16.3% | $4.00 Bn |
| Liquid shots and functional concentrates | 10.8% | $2.65 Bn |

## Market by region (USD million)

| Region | 2025 | 2026 | 2035 | CAGR 2026-2035 |
| --- | --- | --- | --- | --- |
| Global | 24,518.2 | 25,947.6 | 43,216.5 | 5.83% |
| North America | 9,022.7 | 9,492.8 | 14,993.6 | 5.21% |
| Europe | 6,644.4 | 6,951.4 | 10,437.7 | 4.62% |
| Asia Pacific | 6,472.8 | 6,957 | 13,315.8 | 7.48% |
| Latin America | 1,446.6 | 1,538.7 | 2,682.5 | 6.37% |
| Middle East and Africa | 931.7 | 994.4 | 1,787.1 | 6.73% |

## Dataset

| Series | Value | Unit |
| --- | --- | --- |
| Market size 2025 | 24,518.2 | USD million |
| Market size 2035 | 43,216.5 | USD million |
| Revenue CAGR 2026-2035 | 5.83 | percent |
| Volume CAGR 2026-2035 | 4.35 | percent |
| Price per serving CAGR 2026-2035 | 1.42 | percent |

## Frequently asked questions

### What did Danone buy in liquid nutrition in 2026?

4 September 2026 is when Danone completed Huel, adding ready-to-drink complete-nutrition shakes sold mainly direct to consumers to Nutricia and Kate Farms.

### What is the liquid nutritional supplement market worth in 2025?

USD 24.52 billion in 2025, from 11.62 billion servings at an average USD 2.11 per serving, rising to USD 43.22 billion by 2035.

### What share does Abbott hold in liquid nutritional supplements?

10.6% by Douglas Insights estimate, based on Adult Nutritionals sales of USD 4.48 billion in 2025; the top three hold 26.5%.

### Which product group earns the most from liquid nutritional supplements?

27.4% of 2025 revenue, or USD 6.72 billion, comes from oral nutritional supplement drinks, prescribed in hospitals and care homes at the highest price per serving.

### How quickly are protein ready-to-drink shakes expanding?

8.26% a year to 2035, from USD 5.32 billion to USD 11.77 billion, as gym and weight-management buyers move to sealed high-protein bottles.

### Why does Asia Pacific outpace North America in liquid supplements?

7.48% a year in Asia Pacific versus 5.21% in North America, because ageing in Japan and China and online sales expand demand from a smaller base.

### What does a serving of liquid nutritional supplement cost?

USD 2.11 on average in 2025; oral nutritional supplement drinks fetch USD 2.60 to 4.10 and liquid vitamins USD 0.32 to 0.95.

### When must U.S. adult shakes meet the healthy claim rule?

25 February 2028 is the compliance date, and the rule touches USD 12.55 billion of oral nutritional supplement and adult shake revenue.

## Sources

- [Danone, Danone completes the acquisition of Huel](https://www.danone.com/content/dam/corp/global/danonecom/investors/en-all-publications/2026/pressreleases/prdanone040926.pdf)
- [Danone, 2025: Another year of strong delivery](https://www.danone.com/content/dam/corp/global/danonecom/investors/en-all-publications/2026/pressreleases/danonepr200226.pdf)
- [Kate Farms, Danone completes acquisition of Kate Farms](https://katefarms.com/news-and-press/press-releases/danone-completes-acquisition-of-kate-farms)
- [Abbott, Abbott fourth-quarter and full-year 2025 results](https://abbott.mediaroom.com/2026-01-22-Abbott-Reports-Fourth-Quarter-and-Full-Year-2025-Results-Issues-2026-Financial-Outlook)
- [Abbott, Abbott second-quarter 2026 results](https://abbott.mediaroom.com/2026-07-16-Abbott-Reports-Second-Quarter-2026-Results-and-Raises-Full-Year-EPS-Guidance)
- [SEC EDGAR, BellRing Brands fiscal 2025 results, Form 8-K exhibit 99.1](https://www.sec.gov/Archives/edgar/data/1772016/000162828025052773/brbrexh991-q42025earningsr.htm)
- [Nestle, Nestle full-year results 2025](https://www.nestle.com/media/pressreleases/allpressreleases/full-year-results-2025)
- [Fresenius, Fresenius Q4 2025 press release](https://www.fresenius.com/press-release-q4-2025)
- [Federal Register, Food labeling: definition of the term healthy](https://www.federalregister.gov/documents/2024/12/27/2024-29957/food-labeling-nutrient-content-claims-definition-of-term-healthy)
- [EUR-Lex, Commission Delegated Regulation (EU) 2016/128](https://eur-lex.europa.eu/eli/reg_del/2016/128/oj)

## How to cite

Douglas Insights, "Liquid Nutritional Supplement Market", DI-FB-10678, updated 2026-10-08, https://www.douglasinsights.com/liquid-nutritional-supplement-market/