Europe Dietary Supplements MarketEurope Dietary Supplements Market Unlocking Growth Potential: Analysis and Forecasts 2024-2032
Europe Dietary Supplements Market by Type (Vitamins, Minerals, Enzymes, Fatty Acids, Proteins, Others), by Forecast 2024-2032
Base Year: 2023
180 Pages
Europe Dietary Supplements Market Unlocking Growth Potential: Analysis and Forecasts 2024-2032
Key Insights
The Europe Dietary Supplements Market size was valued at USD 14.95 USD Billion in 2023 and is projected to reach USD 27.74 USD Billion by 2032, exhibiting a CAGR of 9.23 % during the forecast period. Europe's dietary supplements market growth is remarkable with the consideration of the high level of health awareness and the aging demography. Dietary supplements as a category under which substances such as vitamins and minerals, botanicals, amino acids, and enzymes are developed to guarantee nutritional needs and supply additional health benefits. They are consumed as the best way to fill up the needs of particular nutrients, for general health and well-being, and to manage a health condition specifically. Complementary use of dietary supplements in European countries is the third factor in vitamin deficits, improvement of bone health, stimulation of immunity, and support of cardiovascular function. Several developments in the European dietary supplements markets are observed including the growing popularity of natural and organic products, the demand for solutions tailored to one's individual needs, and the innovations such as gummies and powders. strict regulations, ethical consumer behavior which is more likely transparent and sustainable, and the raising of digital technologies such as product information and purchase are features of the shifting dietary supplements situation in Europe.
Europe Dietary Supplements Trends
- Growing demand for personalized nutrition
- Increasing popularity of plant-based and organic supplements
- Rising prevalence of chronic diseases
Driving Forces: What's Propelling the Europe Dietary Supplements Market
- Rising health consciousness among consumers
- Increasing disposable income
- Growing demand for preventive healthcare
- Favorable government regulations
Challenges and Restraints in Europe Dietary Supplements Market
- Stringent regulatory requirements
- Concerns about product safety and efficacy
- Competition from low-cost generic supplements
Emerging Trends in Europe Dietary Supplements
- Development of new delivery systems
- Integration of technology into supplement consumption
- Personalized nutrition and nutrigenomics
Growth Catalysts in Europe Dietary Supplements Industry
- Government initiatives to promote healthy eating habits
- Rising consumer spending on health and wellness
- Increasing awareness of the role of dietary supplements in chronic disease prevention
Market Segmentation: Europe Dietary Supplements Analysis
Type:
- Vitamins
- Minerals
- Enzymes
- Fatty Acids
- Proteins
- Others
Application:
- Health and wellness
- Sports nutrition
- Weight management
- Medical nutrition
Leading Players in the Europe Dietary Supplements Market
- Abbott Laboratories
- Amway Corp
- Archer Daniels Midland Company
- GlaxoSmithKline plc
- Glanbia Nutritionals
- Herbalife Nutrition Ltd.
- Nestle S.A.
- Danone S.A.
- Pfizer Inc.
- Suntory Holdings Ltd.
Significant developments in Europe Dietary Supplements Sector
- Acquisition of supplement brands by major food and beverage companies
- Launch of new products with innovative formulations
- Strategic partnerships between supplement manufacturers and healthcare providers
Comprehensive Coverage Europe Dietary Supplements Market Report
- Market overview and key insights
- Market segmentation analysis
- Competitive landscape analysis
- Growth catalysts and challenges
- Emerging trends and future prospects
- Regional and country-level analysis
Regional Insight
- Western Europe (UK, Germany, France, Italy, Spain)
- Eastern Europe (Poland, Russia, Hungary, Czech Republic)
- Northern Europe (Sweden, Norway, Finland, Denmark)
- Southern Europe (Portugal, Greece, Turkey)
Consumer Side Analysis
- Consumer behavior and purchase patterns
- Brand loyalty and preference
- Marketing and advertising strategies
DROCs
- Drivers: Health consciousness, rising disposable income
- Restraints: Regulatory requirements, safety concerns
- Opportunities: Personalized nutrition, technological advancements
- Challenges: Competition from generics
Swot Analysis
Strengths:
- Growing demand for dietary supplements
- Strong distribution channels
- Well-established brands
Weaknesses:
- Stringent regulatory environment
- Safety and efficacy concerns
Opportunities:
- Development of new delivery systems
- Personalized nutrition and nutrigenomics
Threats:
- Competition from low-cost generic supplements
- Changing consumer preferences
Europe Dietary Supplements Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 9.23 % % from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Use of UCO in Biodiesel Industry Drives Market Growth
- 3.3. Market Restrains
- 3.3.1. High Regulatory Stringency Associated with Supplements to Limit Market Growth
- 3.4. Market Trends
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Dietary Supplements Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Vitamins
- 5.1.2. Minerals
- 5.1.3. Enzymes
- 5.1.4. Fatty Acids
- 5.1.5. Proteins
- 5.1.6. Others
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1.
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Germany Europe Dietary Supplements Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Type
- 6.1.1 Vitamins
- 6.1.2 Minerals
- 6.1.3 Enzymes
- 6.1.4 Fatty Acids
- 6.1.5 Proteins
- 6.1.6 and Others
- 7. United Kingdom Europe Dietary Supplements Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Type
- 7.1.1 Vitamins
- 7.1.2 Minerals
- 7.1.3 Enzymes
- 7.1.4 Fatty Acids
- 7.1.5 Proteins
- 7.1.6 and Others
- 8. France Europe Dietary Supplements Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Type
- 8.1.1 Vitamins
- 8.1.2 Minerals
- 8.1.3 Enzymes
- 8.1.4 Fatty Acids
- 8.1.5 Proteins
- 8.1.6 and Others
- 9. Italy Europe Dietary Supplements Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Type
- 9.1.1 Vitamins
- 9.1.2 Minerals
- 9.1.3 Enzymes
- 9.1.4 Fatty Acids
- 9.1.5 Proteins
- 9.1.6 and Others
- 10. Spain Europe Dietary Supplements Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Type
- 10.1.1 Vitamins
- 10.1.2 Minerals
- 10.1.3 Enzymes
- 10.1.4 Fatty Acids
- 10.1.5 Proteins
- 10.1.6 and Others
- 11. Rest of Europe Europe Dietary Supplements Market Analysis, Insights and Forecast, 2018-2030
- 11.1. Market Analysis, Insights and Forecast - By Type
- 11.1.1 Vitamins
- 11.1.2 Minerals
- 11.1.3 Enzymes
- 11.1.4 Fatty Acids
- 11.1.5 Proteins
- 11.1.6 and Others
- 12. Competitive Analysis
- 12.1. Market Share Analysis 2023
- 12.2. Company Profiles
- 12.2.1 Abbott Laboratories (Chicago United States)
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 Amway Corp (Michigan United States)
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Archer Daniels Midland Company (Chicago United States)
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 GlaxoSmithKline plc (Brentford United Kingdom)
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 Glanbia Nutritionals (Chicago United States)
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 Herbalife Nutrition Ltd. (California United States)
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 Nestle S.A. (Vevey Switzerland)
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 Danone S.A. (Paris France)
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 Pfizer Inc. (New York United States)
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.10 Suntory Holdings Ltd. (Tokyo Japan)
- 12.2.10.1. Overview
- 12.2.10.2. Products
- 12.2.10.3. SWOT Analysis
- 12.2.10.4. Recent Developments
- 12.2.10.5. Financials (Based on Availability)
- 12.2.1 Abbott Laboratories (Chicago United States)
List of Figures
- Figure 1: Europe Dietary Supplements Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: Europe Dietary Supplements Market Value Share (%), by Type 2023 & 2031
- Figure 3: Europe Dietary Supplements Market Share (%) by Company 2023
List of Tables
- Table 1: Europe Dietary Supplements Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 2: Europe Dietary Supplements Market Volume K Tons Forecast, by Type 2018 & 2031
- Table 3: Europe Dietary Supplements Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 4: Europe Dietary Supplements Market Volume K Tons Forecast, by Region 2018 & 2031
- Table 5: Europe Dietary Supplements Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 6: Europe Dietary Supplements Market Volume K Tons Forecast, by Type 2018 & 2031
- Table 7: Europe Dietary Supplements Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 8: Europe Dietary Supplements Market Volume K Tons Forecast, by Region 2018 & 2031
- Table 9: Europe Dietary Supplements Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 10: Europe Dietary Supplements Market Volume K Tons Forecast, by Type 2018 & 2031
- Table 11: Europe Dietary Supplements Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 12: Europe Dietary Supplements Market Volume K Tons Forecast, by Country 2018 & 2031
- Table 13: Germany Europe Dietary Supplements Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 14: Germany Europe Dietary Supplements Market Volume (K Tons) Forecast, by Application 2018 & 2031
- Table 15: United Kingdom Europe Dietary Supplements Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 16: United Kingdom Europe Dietary Supplements Market Volume (K Tons) Forecast, by Application 2018 & 2031
- Table 17: France Europe Dietary Supplements Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 18: France Europe Dietary Supplements Market Volume (K Tons) Forecast, by Application 2018 & 2031
- Table 19: Italy Europe Dietary Supplements Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 20: Italy Europe Dietary Supplements Market Volume (K Tons) Forecast, by Application 2018 & 2031
- Table 21: Spain Europe Dietary Supplements Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 22: Spain Europe Dietary Supplements Market Volume (K Tons) Forecast, by Application 2018 & 2031
- Table 23: Rest of Europe Europe Dietary Supplements Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 24: Rest of Europe Europe Dietary Supplements Market Volume (K Tons) Forecast, by Application 2018 & 2031
- Table 25: Europe Dietary Supplements Market Revenue USD Billion Forecast, by Type 2018 & 2031
- Table 26: Europe Dietary Supplements Market Volume K Tons Forecast, by Type 2018 & 2031
- Table 27: Europe Dietary Supplements Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 28: Europe Dietary Supplements Market Volume K Tons Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 9.23 % % from 2018-2032 |
| Segmentation |
|
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STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
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- Latest Research Reports
- Opinion Leaders
Secondary Research
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Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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