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DUBLIN, October 22, 2021– (COMMERCIAL THREAD)–The Immune Health Supplements Market Size, Share and Trend Analysis Report by Product, Form, Application, Treatment Mode, Distribution Channel, Region and Segment, 2021-2028 “ the report was added to ResearchAndMarkets.com offer.
The global immune health supplements market size is expected to reach USD 132.0 billion by 2028. The market is expected to grow at a CAGR of 11.3% from 2021 to 2028.
The increasing prevalence of various infectious diseases caused by several microorganisms, such as bacteria, fungi, viruses and parasites, coupled with the increasing demand for supplements to strengthen the body’s immune system, is expected to boost adoption. immune health supplements across the globe. In addition, the increasing adoption of immunity boosting products due to the COVID-19 pandemic is also expected to accelerate the market growth during the forecast years. According to the Council for Responsible Nutrition (CRN) report in 2020, the consumption of dietary supplements among Americans was around 73%. However, the intake of dietary supplements in individuals for immune health increased from 27% to 32% from 2019 to 2020.
In 2020, the vitamin and mineral supplements segment held the largest share of the revenue. The increasing adoption of vitamin C, D, multivitamins and minerals has resulted in high revenue share for the market segment. An unhealthy diet, limited physical activity and a sedentary lifestyle are the key factors responsible for increasing the intake of vitamins and minerals to improve the immunity of an individual, especially in developed regions such as North America and Europe. However, increasing patient population and growing awareness of vitamin and mineral consumption are the major factors that are expected to drive the market growth in emerging economies such as Asia-Pacific and Latin America in August. during the forecast period. However, the herbal supplement segment is also expected to be the second largest product segment due to its popularity for long term consumption as immunity boosters without any side effects.
The respiratory tract infections segment held the largest share of revenue in 2020. Due to the increasing prevalence of respiratory disorders such as COPD, asthma, COVID-19, uptake of immune health supplements has increased over the years. over the past two years. In particular, the rapid increase in life-threatening coronavirus disease since last year has increased the uptake of immunity-boosting products to manage respiratory tract infections. Taking supplements such as vitamin C, D and minerals such as zinc and probiotics offers unique properties to reduce the risk of respiratory tract infection, duration and severity of infection.
In 2020, the self-medication segment accounted for the largest share of revenue than the prescription segment. This can be attributed to the high percentage of self-medication supplements using people around the world. Plus, most vitamins and mineral supplements don’t require a prescription. They can be bought in pharmacies, grocery stores and all convenience stores. In addition, the growing awareness among individuals of the use of immunity boosting products due to COVID-19 is also expected to provide a high market share for the self-medication segment over the forecast years around the world. .
Highlights of the Market Report
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The market is expected to grow well during the forecast period owing to the increasing prevalence of several infectious diseases and the growing awareness of improving immune health.
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Vitamin and Mineral Supplements segment dominated the market in 2020 due to high demand and increasing use for immune health
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Respiratory Tract Infection Applications segment dominated the market in 2020 due to the increasing adoption of immune supplements to reduce the risk of respiratory tract infection across the globe.
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The self-medication segment dominated the market in 2020 mainly due to a growing preference for the use of supplements in self-medication over prescription.
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Drugstore / drugstore segment dominated the market in 2020 due to the availability of a wide range of products and strong consumer preference
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North America to dominate the market in 2020 mainly due to high spending capacity and increasing use of immune health supplements in the region
Main topics covered:
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Global Immune Health Supplements Market Variables, Trends and Scope
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Competitive analysis
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Product market estimates and trend analysis
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Form estimates and trend analysis
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Application estimates and trend analysis
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Drug Estimation Method and Trend Analysis
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Estimates of distribution channels and trend analysis
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Immune Health Supplements Market: Regional Estimates and Trend Analysis
Competitive landscape
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Bayer AG
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Pfizer Inc.
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Sun Pharmaceutical Industries Limited
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Swisse Wellness Pty SA
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GlaxoSmithKline Inc.
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Abbott Laboratories
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Amway Corp.
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Nature’s Bounty Co.
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Herbalife Nutrition of America, Inc
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Himalaya Global Holdings Ltd
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American health
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Unilever
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Sanofi
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Novartis
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Boehringer Ingelheim
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Nestle
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Danone
For more information on this report, visit https://www.researchandmarkets.com/r/1ha7up
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View the source version on businesswire.com: https://www.businesswire.com/news/home/20211022005134/en/
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