Market Research Report
Europe Dietary Supplements Market Forecast 2019-2028
|Published by||Inkwood Research||Product code||980907|
|Published||Content info||162 Pages
Delivery time: 2-3 business days
|Europe Dietary Supplements Market Forecast 2019-2028|
|Published: January 11, 2021||Content info: 162 Pages||
The Europe dietary supplements market growth is set to evolve at a CAGR of 9.11% during the forecast period, 2019-2028. There is an increasing demand for nutraceuticals and growing awareness regarding food content. Also, the adult supplements usage is rising due to high adoption.
The Europe dietary supplements market growth evaluation includes the analysis of Italy, Russia, the United Kingdom, Germany, Poland, France, Belgium, and the rest of Europe. Consumers in Germany are increasingly becoming conscious of health, along with spending more on products. The growing online sales platforms and increasing trend of dietary supplements among women are expected to benefit market growth. Botanicals and homeopathic formulations are witnessing surging sales, given their natural profile and associated label claims. Also, several key players are undertaking strategic initiatives to expand their businesses. Such factors are projected to be beneficial for market growth.
In France, the rising demand for vitamin and mineral supplements, and the increasing consumer knowledge contributes to market growth. EU regulations with regard to health claims have provided a significant innovative space to supplement manufacturers in France. Herbal product sales, along with organic supplements, have boomed over the years in the country. Also, France is a mature market for vitamin supplements. Further, the implementation of national programs & initiatives to regulate obesity and the rising awareness regarding the advantage of nutritional supplements, are among the factors estimated to drive market growth in France.
Some of the key players in the market are Nature's Bounty, GNC Holdings, Sanofi SA, Amway Corporation, Suntory Holdings Ltd, Blackmores Ltd, etc.