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The global immune health supplements market size is projected to reach USD 31.50 billion by 2028. This information is provided by Fortune Business Insights™, in a new study, titled, “Immune Health Supplements Market Size, Share & COVID-19 Impact Analysis, By Ingredient Type (Vitamins, Minerals, Herbal Botanical Extracts, Probiotics, Amino Acids, Omega 3-fatty acids, Others), By Form (Soft Gels/Capsules, Tablets, Powder, Liquids, and Others), By Source Type (Plant Based, Animal Based), By Distribution Channel (Pharmacies and Drug Stores, Hypermarket/Supermarket, Online Stores, Specialty Store, Others) and Regional Forecast, 2021-2028.” The study further mentions that the market stood at USD 18.22 billion in 2020. However, it is set to exhibit a CAGR of 6.6% during the forecast period between 2021 to 2028.
The high demand for non-GMO and organic ingredients is set to compel manufacturers to develop state-of-the-art products. Also, the outbreak of the COVID-19 pandemic is set to transform the views of wellbeing by consumers. They are currently striving to prevent transmission of this deadly virus by taking various immune health supplements.
Royal DSM Acquires Glycom A/S to Expand its Product Offerings
In April 2020, Royal DSM, a renowned provider of nutritional products headquartered in the Netherlands, acquired Glycom A/S. The latter is considered to be one of the leading suppliers of Human Milk Oligosaccharides (HMO) in the world. The acquisition involved an investment of €765 million. It would enable the company to broaden its pre-existing offerings. The company will now be able to fulfil various medical nutrition needs, including pet food, food & beverage applications, and irritable bowel syndrome.
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Increasing Prevalence of Infectious Diseases to Propel Growth
Manufacturers operating in the market are constantly trying to develop their products. At the same time, they are also broadening their businesses to get hold of new growth opportunities. The increasing prevalence of infectious diseases across the globe is also spurring the demand for these supplements. Additionally, surging usage of new and traditional ingredients for the manufacturing of these supplements would accelerate the immune health supplements market growth in the near future.
However, immune health supplements do not go through quality checks by the U.S. Food and Drug Administration (FDA). Hence, their actual effects are unknown. The packaging also does not provide any prescribed pill size nor does it mention the potential health effects. These factors are expected to obstruct growth.
Enhancement of Portfolios & Expansion of Presence — Vital Strategies of Key Players
The market is consolidated in nature on account of the presence of a large number of manufacturers, such as BioGaia, Herbalife Nutrition, Bayer AG, and others. They are presently focusing on improving their distribution networks and broadening their product lines to gain more shares. Several start-ups are also taking funds from renowned investors to expand their geographic footprint.
Fortune Business Insights™ lists out prominent immune health supplements manufacturers present in the global market. They are:
A Notable Industry Development-
Further Report Findings-
The global market can be segmented in the following way:
Value (USD Billion)
Ingredient Type; Form; Source Type; Distribution Channel and Geography
By Ingredient Type
By Source Type
By Distribution Channel