Reports
Europe Dietary Supplements Market Size, Share, Growth, Trends, Forecast: By Type: Herbal Supplements, Proteins and Amino Acids, Vitamins and Minerals, Fatty Acids, Probiotics, Others; By Distribution Channel: Supermarkets and Hypermarkets, Pharmacies and Drug Stores, Others; Regional Analysis; Competitive Landscape; 2023-2028
Europe Dietary Supplements Market Outlook
The Europe dietary supplements market size is expected to grow at a CAGR of 9.50% in the forecast period of 2023-2028, reaching a value of USD 33.95 billion by 2028. The market is being driven by the increasing geriatric population in the region and rising awareness of the benefits of dietary supplements.
Key Trends in the Market
A dietary supplement is a product that is designed to enhance the nutritional intake of a daily diet of a person, with an aim to proactively improve the health of the person. Dietary supplements may contain one or more ingredients such as vitamins, amino acids, herbs, proteins, probiotics, fatty acids, and minerals among other nutrients.
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- Increasing geriatric population in Europe and rising prevalence of joint and bone diseases among them is increasing the demand for dietary supplements as they are known for relieving stiffness, inflammation, and pain in the joints.
- Rising awareness regarding the health benefits of dietary supplements such as providing support to the immune system and supporting mental as well as general health of an individual is fuelling the Europe dietary supplements market demand.
- Availability of a wide range of dietary supplements in Europe, ranging from the basic supplements to specialised supplements required for serious health conditions is attracting health-conscious consumers towards dietary supplements resulting in the growth of the market.
Market Analysis
Based on type, the Europe dietary supplements market is segmented into herbal supplements, proteins and amino acids, vitamins and minerals, fatty acids, and probiotics, among others. On the basis of distribution channel, the market is divided into supermarkets and hypermarkets, pharmacies and drug stores, and online, among others. By country, the market is categorised into the United Kingdom, Germany, France, and Italy, among others.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Europe dietary supplements market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Amway Corp.
- GlaxoSmithKline plc
- Bayer AG
- Reckitt Benckiser Group plc
- Nestlé S.A.
- Others
Market Share by Distribution Channel
Supermarkets and hypermarkets account for a significant share in the Europe dietary supplements market owing to the easy accessibility and availability of a wide range of dietary supplements. These stores usually have a separate section dedicated to health and wellness related products which makes it convenient for consumers. The vast network of supermarkets and hypermarkets throughout Europe and their extensive usage for weekly grocery shopping are further increasing their popularity as distribution channels for dietary supplements. Meanwhile, in the upcoming years, online distribution channels are anticipated to witness increase in demand as more shoppers turn to e-commerce websites due to their convenience and variety of discounts available.
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Competitive Landscape
Amway Corp. was founded in 1959 and has its headquarters in Michigan in the United States. A multi-level marketing company, Amway has a global reach across 6 continents and is known for manufacturing and selling health, home care, and beauty products.
GlaxoSmithKline plc was established in 2000 and is headquartered in West London, United Kingdom. This pharmaceutical company develops medicines for HIV and respiratory diseases and it also specialises in oncology and immunology, with an emphasis on research and development.
Bayer AG, founded in 1863, is a pharmaceutical company that is based in Leverkusen, Germany. The company specialises in business areas such as agricultural products, pharmaceuticals, seeds and biotechnology products, and consumer healthcare products.
Other market players include Reckitt Benckiser Group plc, and Nestlé S.A., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Regional
7 Opportunities and Challenges in the Market
8 Europe Dietary Supplements Market Analysis
8.1 Key Industry Highlights
8.2 Europe Dietary Supplements Historical Market (2018-2022)
8.3 Europe Dietary Supplements Market Forecast (2023-2028)
8.4 Europe Dietary Supplements Market by Type
8.4.1 Herbal Supplements
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Proteins and Amino Acids
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Vitamins and Minerals
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Fatty Acids
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Probiotics
8.4.5.1 Historical Trend (2018-2022)
8.4.5.2 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Europe Dietary Supplements Market by Distribution Channel
8.5.1 Supermarkets and Hypermarkets
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Pharmacies and Drug Stores
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Online
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Europe Dietary Supplements Market by Country
8.6.1 United Kingdom
8.6.2 Germany
8.6.3 France
8.6.4 Italy
8.6.5 Others
9 Regional Analysis
9.1 United Kingdom
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Germany
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 France
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Italy
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Amway Corp.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 GlaxoSmithKline plc
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Bayer AG
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Reckitt Benckiser Group plc
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Nestlé S.A.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Dietary Supplements Market: Key Industry Highlights, 2018 and 2022
2. Europe Dietary Supplements Historical Market: Breakup by Type (USD Billion), 2018-2022
3. Europe Dietary Supplements Market Forecast: Breakup by Type (USD Billion), 2023-2028
4. Europe Dietary Supplements Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
5. Europe Dietary Supplements Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
6. Europe Dietary Supplements Historical Market: Breakup by Country (USD Billion), 2018-2022
7. Europe Dietary Supplements Market Forecast: Breakup by Country (USD Billion), 2023-2028
8. Europe Dietary Supplements Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 9.50% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach around USD 33.95 billion by 2028.
The major drivers in the market are increasing geriatric population, rising awareness regarding the health benefits of dietary supplements, and availability of a wide range of dietary supplements.
The key Europe dietary supplements market trends include rising prevalence of joint and bone diseases, increasing demand from sport persons, and production of superior quality supplements by key players.
The significant countries in the dietary supplements market in Europe are the United Kingdom, Germany, France, and Italy, among others.
The various types of dietary supplements in the market are herbal supplements, proteins and amino acids, vitamins and minerals, fatty acids, and probiotics, among others.
The different distribution channels of dietary supplements in the market are supermarkets and hypermarkets, pharmacies and drug stores, and online, among others.
The major market players, according to the report, are Amway Corp., GlaxoSmithKline plc, Bayer AG, Reckitt Benckiser Group plc, and Nestlé S.A., among others.
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