Global Immune Health Products Market is estimated to witness a rise in revenue from US$ 16,955.1 Mn in 2021 to US$ 28,996.3 Mn by 2027. The market is registering growth at a CAGR of 9.4% during the forecast period 2022-2027. The global immune health products market is driven by the rising prevalence of chronic illness and growth in online shopping, internet penetration has led to growth in demand for immune products. Immunity-boosting food products are also referred to as immunity boosters, which are used to strengthen people’s bodily immune systems. Immunity boosting products refer to various health consumables products that are used for minimizing nutritional deficiencies in the body and enhancing immunity. In order to boost immunity, the body requires the intake or consumption of certain food that provides additional benefits to the body. They are also a crucial component of preventive healthcare as they aid in fighting infections and are believed to reverse the signs of aging in the body. Also, with the rising population, growing awareness related to health issues and changing lifestyle are further increasing the demand for immune health supplements that supports market growth.
The market is driven by the increasing prevalence of chronic diseases such as diabetes, cancer, and heart disease. The immune system plays a vital role in many processes involving chronic disease. Also, the rise in the number of online shopping and internet penetration has led to increasing in demand for immune products. An increase in online shopping of medicines and health care products is popular due to the outbreak of the COVID-19 pandemic. However, rise in the number of counterfeit drugs due to lack of knowledge, consumers purchase counterfeit drugs on the internet and those drugs are neither effective nor safe to use. Therefore, this rise in the number of counterfeit drugs inhibits the immune health products market growth.
Report Summary
The study of the global immune health products market considers various market determinants, industry value chain analysis, and competitor analysis of the market. The report discusses the analysis of the immune health products industry for the period 2021-2027, where the base year is 2021 and the forecast period is 2022-2027. The report provides a detailed analysis of the Immune Health Products Market across 20 Chapters and 273 pages. The report includes data presentation across 62 tables and 144 statistical figures.
The report provides PESTLE analysis, which is a tool to examine the external market environment factors that have an impact on the industry. The PESTLE analysis examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. Thus, sufficiently examining the threats and weaknesses of the industry. The research report also provides Porter’s five forces analysis wherein the bargaining power of buyers and competitive rivalry is high.
The subsequent section provides details of the market analysis based on different segments such as source, processed state, form, type, function, distribution channel, and region. The report includes a detailed study of the value chain of the industry. It includes raw material producers, immune health products manufacturers, and distributors/market intermediaries. The report also covers extensively the key competitors in the market for immune health products market.
Key Takeaways from the Global Immune Health Products Market Report
Competitive Landscape
The key players in the global immune health products market are Bayer AG, Herbalife Nutrition, Koninklijke DSM N.V., Glanbia, Plc, Amway Corp, Add Veda, Banyan Botanicals, GNC Holdings, Herbalife Nutrition, Nature’s Way, and Source naturals among others. Global Immune Health Products Market is highly competitive in order to increase its presence in the marketplace. Through extensive research, it is found that big players have adopted various competitive strategies such as product development and collaboration in order to have a grip in the stabilized global market scenarios. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.
Segmentation Overview
Global Immune Health Products Market is segmented based on source, processed state, form, type, function, distribution channel, and region. The industry trends in the global immune health products market are sub-divided into different categories in order to get a holistic view of the marketplace. Following are the different segments of the Global Immune Health Products Market.
By Source segment of the Global Immune Health Products Market is sub-segmented into:
By Processed State segment of the Global Immune Health Products Market is sub-segmented into:
By Form segment of the Global Immune Health Products Market is sub-segmented into:
By Type segment of the Global Immune Health Products Market is sub-segmented into:
By Function segment of the Global Immune Health Products Market is sub-segmented into:
By Distribution Channel segment of the Global Immune Health Products Market is sub-segmented into:
By Region segment of the Global Immune Health Products Market is sub-segmented into:
Report Attribute | Details |
---|---|
Market Size Value in 2021 | US$ 16,955.1 Mn |
Expected Revenue in 2027 | US$ 28,996.3 Mn |
Historic Data | 2017-2020 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Unit | Value (USD Mn) |
CAGR | 9.4% |
Segments covered | Source, Processed state, Form, Type, Function, Distribution channel, and Region |
Key Companies | Bayer AG, Herbalife Nutrition, Koninklijke DSM N.V., Glanbia, Plc, and other prominent players. |
Customization Scope | Get your customized report as per your preference. Ask for customization |
Global Immune Health Products Market is projected to grow at a CAGR of 9.4% during the forecast period 2022-2027.
Immunity boosting food products are also referred as immunity boosters, which are used to strengthen people’s bodily immune systems.
Supplement products such as vitamins, minerals, probiotics and herbal products have witnessed a high demand as they have a significant impact on enhancing the body’s immune system.
The size of the Global Immune Health Products Market in 2021 was US$ 28,996.3 Million.
The global immune health products market is driven by increasing prevalence of chronic illness and rise in number of online shopping, internet penetration has led to growth in demand for immune products.
Source, processed state, form, type, function and distribution channel are the different segments of the global immune health products market.
Based on function, the immune health products market is segmented into fitness, anti-inflammatory, digestion, metabolism, disease prevention, personal protection and others.
Rise in number of counterfeit drugs due to lack of knowledge, consumer purchase counterfeit drugs on internet. Therefore, this rise in number of counterfeit drugs inhibit the immune health products market growth.
The processed/packaged segment contributed the major share in the global immune health products market in 2021.
North America holds a major share in term of revenue in the global immune health products market in 2021.
Poland in Europe is growing at the highest CAGR during the forecast period.
Bayer AG, Herbalife Nutrition, Koninklijke DSM N.V., Glanbia, Plc, Amway Corp, Add Veda, Banyan Botanicals, GNC Holdings, Herbalife Nutrition, Nature’s Way and Source naturals among others.