Global Immune Health Supplements market analysis 2024, Forecast To 2033
4 Mar, 2024
The immune health supplements market has witnessed rapid growth, climbing from$61.24 billion in 2023 to$68.47 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to increased health consciousness, epidemic and pandemic events, rising aging population, consumer education, and e-commerce growth. The immune health supplements market is expected to see rapid growth in the next few years, reaching$110.16 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to ongoing public health concerns, advanced nutraceutical research, personalized nutrition trends, global health and wellness trends, digital health platforms, and collaborations for product development. Major trends in the forecast period include innovation in delivery formats, immunity-boosting food and beverage products, product innovation, strategic marketing emphasis on wellness, and partnerships and collaborations in research.
Global Immune Health Supplements Market Key Driver
The increasing prevalence of infectious diseases is expected to drive the immune health supplements market going forward. Infectious diseases refer to disorders produced by organisms, such as bacteria, viruses, fungi, or parasites. Immune health supplements help immune cells operate properly and improve their capacity to fight infectious diseases. For instance, according to the report by the Australian Institute of Health and Welfare, an Australia-based national agency for information and statistics on the country's health and welfare, over 4,700 hospitalizations were reported to have COVID-19 infection in 2020–2021. Viral pneumonia (24% of cases), "COVID-19 infection" (19%), and symptoms including cough (9.9%), fever (6.6%), and breathing problems (4.8%) were the most frequent primary diagnosis recorded alongside other infectious diseases. Thus, the increasing prevalence of infectious diseases will drive the growth of the immune health supplements market going forward. In 2023, the market size for immune health supplements is valued at X, and it is projected to reach Y by 2028.
Get A Free Sample Of The Global Immune Health Supplements Market ReportGlobal Immune Health Supplements Market Segments
The global immune health supplements market covered in this report is segmented –
1) By Ingredients Type: Vitamins, Minerals, Herbal Botanical Extracts, Probiotics, Amino Acids, Omega 3 - Fatty Acids
2) By Form: Soft Gels Or Capsules, Tablets, Powder, Liquid, Other Forms
3) By Source Type: Plant-Based, Animal-Based
4) By Distribution Channel: Pharmacies and Drug Stores, Hypermarket or Supermarket, Online Stores, Speciality Stores, Other Distribution Channels
By Geography: The regions covered in the immune health supplements market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North America was the largest region in the immune health supplements market share in 2023. The regions covered in the immune health supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Immune Health Supplements Industry Players
Bayer AG, Abbott Laboratories, Amway Corporation, C H Boehringer Sohn AG & Co, Danone SA, Glanbia PLC, Herbalife Nutrition Ltd., Himalaya Wellness Company, Nestle SA, Novartis AG, Pfizer Inc., Sanofi SA, The Nature's Bounty Co., Unilever PLC, Bio-Tech Pharmacal Inc., BioGaia AB, Biothera Pharmaceuticals Inc., Country Life LLC, Daflorn Ltd., Douglas Laboratories, EuroPharma Inc., Garden of Life LLC, Jarrow Formulas Inc., Metagenics Inc., Nature's Plus Inc., Nordic Naturals Inc., Nutraceutical Corporation, Pure Encapsulations Inc., Solgar Inc., Source Naturals Inc., Thorne Research Inc.
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Immune Health Supplements Market Overview
Immune health supplements refer to products that boost immune system and reduce risk of getting sick. Additionally, they frequently advise that taking the supplements will fasten the healing process if unwell. Products like immune health supplements and powders provide benefits for both users and manufacturers. Powders are less susceptible to deterioration over time, require fewer additives, and can store more of the active component than other formulations.
Immune Health Supplements Global Market Report 2023 provides data on the global immune health supplements market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The immune health supplements market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.