Immune System Supplements Market to be Worth US$ 38.9 billion by 2030, Registering a Strong CAGR of 10.5% – Says a Market Report by RationalStat
The global immune system supplements market is expected to approach US$ 38.9 billion by 2030, with an annual growth rate of more than 10.5%
Wilmington, Delaware, Nov. 01, 2023 (GLOBE NEWSWIRE) —
Global Immune System Supplements Market: Segmental and Market Share Analysis
- On the basis of product, vitamin & minerals is expected to dominate the immune system supplements market by product.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 19.3 billion |
| Market Size Forecast | US$ 38.9 billion |
| Growth Rate | 10.5% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global immune system supplements market include,
- In October 2023, Nutramax expanded its partnership with ADM. Through this partnership, ADM’s brand ADM Protexin would manage certain Nutramax brands in APAC and Europe, further expanding Nutramax global presence.
- In December 2020, Nature’s Bounty launched Immune 24 Hour +. The supplement by Nature’s Bounty has Vitamin C, with 24 hour immune support.
Some of the prominent players and suppliers operating and contributing significantly to the global immune system supplements market growth include Pfizer Inc., GlaxoSmithKline, Bayer AG, Sanofi, Nature’s Bounty, NOW Foods, Nutramax, Nature’s Way. Abbott Laboratories, and Novartis, among others.
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RationalStat has segmented the global immune system supplements market based on product, form, age demographics (in Years), distribution channel, and region
- Global Immune System Supplements Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Product
- Vitamin & Minerals
- Herbal Supplements
- Others
- Global Immune System Supplements Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Form
- Gummies
- Tablets
- Capsules
- Liquid
- Powder
- Global Immune System Supplements Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Age Demographics (in Years)
- 60+
- 18 – 60
- 5 – 18
- Less than 5
- Global Immune System Supplements Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Distribution Channel
- Brick-and-mortar Stores
- Online
- Global Immune System Supplements Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Immune System Supplements Market
- US
- Canada
- Latin America Immune System Supplements Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Immune System Supplements Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Immune System Supplements Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Immune System Supplements Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Immune System Supplements Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Immune System Supplements Market
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Key Questions Answered in the Immune System Supplements Report:
- What will be the market value of the global immune system supplements market by 2030?
- What is the market size of the global immune system supplements market?
- What are the market drivers of the global immune system supplements market?
- What are the key trends in the global immune system supplements market?
- Which is the leading region in the global immune system supplements market?
- What are the major companies operating in the global immune system supplements market?
- What are the market shares by key segments in the global immune system supplements market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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