Global Immune Health Supplements Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Immune health supplements are healthcare product that helps in maintaining a reduces risk of nutrient deficiencies, healthy lifestyle, boost a healthy appetite, and protects many health conditions. Factors such as the increasing number of weight management programs, the growth of the wellness industry, and rising incidences of infectious diseases, diabetes, and several other disorders are driving the market growth across the globe.
According to a Statista report, in 2019, the global wellness market was estimated to account for approximately USD 4.91 billion. Also, it is anticipated that the market is constantly growing and is likely to reach USD 6.99 billion by the year 2025. Accordingly, the increasing demand for wellness products is exhibiting a positive influence on the growth of the Immune Health Supplements Market. In addition, rising innovation and formulation of new immunity boosters, as well as an increasing number of strategic initiatives by the key market players are creating lucrative prospects for market growth over the forecasting years. However, adverse effects associated with the immunity health supplements are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Immune Health Supplements Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of revenue, owing to the increasing consumer spending on immune health supplements and rising emphasis on health care. Whereas, the Asia Pacific is expected to grow significantly during the forecast period. Factors such as the rising purchasing capacity of the population, as well as an increasing population, are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
Sun Pharmaceutical Industries Limited
Swisse Wellness Pty Ltd.
The Nature's Bounty Co.
Herbalife Nutrition of America, Inc.
Himalaya Global Holdings Ltd.
Recent Developments in the Market:
In December 2020, Abbott launched a newly developed Pedialyte hydration solution for supporting immune health. Pedialyte with immune support involves vitamin B12, vitamin C, prebiotics, vitamin E, and zinc, which are nutrients specifically chosen because of their role in supporting the immune system.
In April 2019, Bayer AG announced the introduction of a new redox-on triple-action supplement in order to overcome immunity challenges during the Ramadan fasting period.
Global Immune Health Supplements Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Form, Application, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Vitamin and Mineral Supplements
Respiratory tract infection
By Distribution Channel:
Supermarkets and Hypermarkets
Rest of the World