CRI Report has released a report titled “Immune Health Supplements Market – Analysis of Market Size, Share & Trends for 2020 – 2030 and Forecasts to 2030” which is anticipated to reach USD 30.93 billion by 2030. According to a study by CRI Report, the market is anticipated to portray a CAGR of 6.65% between 2020 and 2030. According to the report, the market is estimated to proliferate owing to the increasing awareness related to health matters, wellness trends, and changing routines. In addition, increasing trend of customized products based on health claims is predicted to fuel the growth of the market. Furthermore, the need for immunity-based health supplements is increasing as the population ages, in order to prevent or treat existing illnesses.
The market report on global Immune Health Supplements market includes in-depth insights as:
- The estimated value of the market was USD 16.24 billion in the year 2020.
- Region-wise, the market in North America which held the largest market share in the year 2020, emerged as a key market for Immune Health Supplements Market.
- Based on Ingredient type, Vitamins and minerals emerged as a key segment in the global Immune Health Supplements Market.
- Based on the Distribution channel, the Hypermarkets and Supermarkets segment emerged as a key segment in the global Immune Health Supplements market.
- Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.
“The overall immune health market is expected to develop at a significant rate due to rising demand for health supplements to boost immunity. Additionally, the growing incidence of chronic illnesses throughout the world is a significant driver of market development during the projection period. The need for immune health supplements is likely to rise as the world’s lifestyle disorders change”, according to this report
As customers grow more worried about their health, immunity care has become an important element of today’s hectic lifestyle. Nutritional supplements are used by today’s time-conscious customers, even those who maintain healthy, balanced diets. Consumers all around the globe are feeling the need to strengthen their immune systems to prevent the negative consequences of infectious illnesses. Immune health supplements are essential for managing chronic diseases including diabetes, obesity, constipation, malabsorption, and indigestion. It also aids in the maintenance of a healthy lifestyle, the improvement of appetite and food intake, and the reduction of the danger of vitamin deficiencies and other health problems. Immune health supplements are advised for patients of all ages, including babies, adults, and geriatrics, who are at risk for diabetes, obesity, renal failure, chronic diseases, neurological diseases, and other illnesses.
Global Immune health supplements market is divided by Ingredient type into Vitamins, Minerals, probiotics, Amino acids, Omega 3-fatty acids, and others. Among these Vitamins and Minerals held the largest share in the year 2019. The domination of vitamins and minerals in a plant-based health supplement contributes significantly to the segment’s growth. The influence of COVID-19 has increased demand for vitamin C in the form of candies and chewable made from elderberry, cranberry, and other fruits, causing the market to expand even faster. The growing demand for plant-based Omega 3, the availability of herbal doses in powder and liquid forms, and the relevance of vegan claims in immune supplements are all elements that might propel the industry forward in the future years.
Key Players in the Market
- Some of the key players operating in the global Immune health supplements market are Alticor Inc., Bayer AG, Biotech Pharmacal, Inc., Cellderm Technologies Inc., DuPont Nutrition & Health, EuroPharma Inc., Glanbia PLC, Kerry Group PLC, Koninklijke DSM NV, Now Foods, Nutramax Laboratories, Inc.
Get Valuable Insights into Global Immune health supplements Market
In the new report, CRI Report thrives to present an unbiased analysis of the global Immune health supplements market that covers the historical demand data as well as the forecast figures for the period, i.e., 2020-2030. The study includes compelling insights into growth that is witnessed in the market. The market is segmented by Ingredient type into Vitamins, Mineral, Herbal Botanical extracts, Probiotics, Amino Acids, Omega 3-fatty acids, and Others. By Form into Soft Gels/ Capsules, Tablets, powder, liquids, and others. By Source type into Plant-Based, Animal-Based. By Distribution Channel into Pharmacies and Drug stores, Hypermarket/Supermarket, Online Stores, and Specialty stores. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.