The European immune health supplements market was estimated at USD 15.01 Billion in 2024 to reach USD 20.27 billion by 2029, to grow at a CAGR of 6.2% during the period between 2024 and 2029.
In recent years, the changing lifestyle of people, also increasing urbanization along with health consciousness in the people is supporting the call for supplements. The rapidly growing aged group population with a prevalence of chronic diseases is expected to make market opportunities for immune health supplement in the European region. Due to a lack of immunity, humans are suffering from various diseases. This is the reason why senior citizens are more prone to chronic disorders, loss of hunger and weak immune system of the body. Such condition required supplement enriched with an additional dietary supplement that is popular mostly among all ages of the population.
The rising consciousness for health and nutrition among consumers and increasing willingness to spend on dietary supplements are promoting the expansion of the local market.
Increasing lifestyle diseases and growing immune health concern among baby boomers are some of the factors that boost the growth of the European immune health supplements market. The baby boomer population is increasing as at a faster rate in the European nations, leading to a rising health concern. To deal with this situation manufactures are in the process of developing innovative health supplement that can be found in the forms like liquid and powder, on a large scale in order to strengthen the immune system of the humans. The demand in old age population is likely to fuel the European immune health supplement market in the years to come.
A challenge is that “immune health supplement” health products are often very emotive and polarizing topics, evoking a diverse range of opinion and viewpoints.
Lack of awareness about immune health supplements among consumer is anticipated to hamper the regional immune health supplements market growth.
European Immune Health Supplements Market is segmented and sub segmented into following categories
European Immune Health Supplements Market By ingredient type
By the ingredient type, the market is divided into vitamins, minerals, herbal/biotic extract, amino acid, probiotic, Omega-3 fatty acid, and others. Among these, the vitamin segment is expected to gain the highest share in the coming years due to antioxidant feature of vitamin that help the body fight against infections, along with supporting biochemical reactions in the immune system. This segment accounts for a high revenue share in the European immune health supplements market and is determined to record a substantial growth rate over the outlook period.
European Immune Health Supplements Market By Forms
By form, the local market is segmented into soft gels/pills, tablets, powder and liquid. The soft gels/pills fragment is expected to show a high market attractiveness index over the projection period in immune health supplementary business.
European Immune Health Supplements Market By Sales Channels
By sales channels, the market is divided into online retailing and store-based retailing. Store-based retailing is further segmented into the hypermarket/supermarket, pharmacies & drug stores, independent health stores and others. The store-based retailing segment is foreseen to garner a CAGR of 6.2% over the prediction period.
European Immune Health Supplements Market By Age Group
By age group, Adults form the largest consumer group in the market, accounting for 39.8% of the total revenue in 2016. There is a significant prevalence of various lifestyle disorders in this age group, such as high blood pressure, diabetes, and obesity, owing to which they need supplements. In addition, increasing the purchasing power of adult consumers in European countries such as the U.K, Germany, Italy, France, Spain, and Russia is projected to fuel market growth.
European Immune Health Supplements By Region
As of 2016, Italy, Germany and France were among the key markets with approximately 30% share. Spain and the U.K. have shown considerable growth with a large number of products launches in the past few years. The market in Europe is estimated to progress with the changing dynamics as it moves toward consolidation, which is balanced by several mergers and acquisitions.
KEY PLAYERS IN EUROPEAN IMMUNE HEALTH SUPPLEMENTS MARKET
Key Players In European Immune Health Supplements Market are Alticor Inc (amway), EuroPharma Inc, Nutramax laboratory, General nutrition centers, Pfizer, Abbott, Bayer AG, Sanofi, LivaNova PLC.
RECENT HAPPENINGS IN THE MARKET
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