Global Immune Health Supplements Strategic Markets Report 2023: Asia-Pacific Presents Unique Expansion Opportunities
Global Market for Immune Health Supplements
Dublin, May 08, 2023 (GLOBE NEWSWIRE) -- The "Immune Health Supplements: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Immune Health Supplements Market to Reach $38.8 Billion by 2030
The global market for Immune Health Supplements estimated at US$20.2 Billion in the year 2022, is projected to reach a revised size of US$38.8 Billion by 2030, growing at a CAGR of 8.5% over the analysis period 2022-2030.
Vitamins, one of the segments analyzed in the report, is projected to record a 8.9% CAGR and reach US$13.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Herbal Extracts segment is readjusted to a revised 7.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $6.9 Billion, While China is Forecast to Grow at 10.7% CAGR
The Immune Health Supplements market in the U.S. is estimated at US$6.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2030 trailing a CAGR of 10.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 8.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.6 Billion by the year 2030.
Looking Ahead to 2023
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth.
Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.
Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
A Prelude to Immune Health Supplements
Immunity in various Stages of Life
The Link between Immunity and Nutrition
A Strong 2021 Economic Rebound Based On Pent-Up Demand Comes as a Relief for Suffering Industries & Markets
Pandemic Leads to Increased Consumer Focus on Health and Wellness Products
From Food Security to Health Security, the Pandemic Sends Immune Health Supplements Cruising Down a New Road of Opportunity
Pandemic-Induced Changing Consumer Perceptions about Health Foods Favors Immune Health Supplements Market
Vitamins Can Help Prevent COVID-19 and Other Illnesses
COVID-19 and the Close Link with Amino Acids
Effectiveness of Oral l-Glutamine Supplementation for COVID-19 Treatment
Glutamine and 'Cytokine Storm'
Important Role of Amino Acids in Clinical Nutrition of COVID-19 Patients
Potential Role of Probiotics in Prevention & Treatment of Coronavirus Infections
Pandemic Led Research Highlights the Goodness of Immune Boosters
Global Market Prospects & Outlook
Regional Market Analysis
Asia-Pacific Presents Unique Expansion Opportunities
Recent Market Activity
MARKET TRENDS & DRIVERS
Innovation Drives New Product Development and Introduction
Flavour-enriched Immune Health Supplements Grow in Popularity
Organic, Non-GMO Supplements Receive Positive Consumer Response
Micronutrients Aid in Improving Immunity
Microbiomes Gain Significance in Building Immunity
Specialized Combinations Propel Market Growth
HMOs Witness Increased Popularity
The Significance of Minerals and Vitamins in Daily Diet Drive Fortification Trend
Myriad Benefits of Good Bacteria-Enriched Probiotics Drive Widespread Adoption
Probiotics Remain the Preferred Ingredient for Gut Health Foods
Immune Health Supplements to Help Overcome Increasing Healthcare Costs Issue
Rising Significance of Immune Health Supplements Augurs Well for Amino Acids Market
Researchers Demonstrate Role of Cysteine and Theanine in COVID Treatment
Omega-3 Emerges as a Popular Heart-Healthy Ingredient, Driving Demand for Marine Functional Food Ingredients
Health Benefits of Few Marine-derived Functional Food Ingredients
E-commerce Leads Growth as Pandemic Strikes
Macro Factors Driving Growth of Immune Health Supplements
Ballooning Global Population
Increasing Prevalence of Chronic & Lifestyle Diseases Enhances Consumer Demand
Aging Demographics Present Opportunities for Immune Health Supplements
FOCUS ON SELECT PLAYERS (Total 223 Featured)
AdvoCare International, LLC
Country Life, LLC.
GNC Holdings, LLC
Himalaya Drug Company
Natural Health Concept
Natural Immunogenics Corporation
Nature's Way Products, LLC
Pure Encapsulations, LLC
Quantum Health, Inc.
Source Naturals, Inc.
USANA Health Sciences
For more information about this report visit https://www.researchandmarkets.com/r/lv61ji
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