Germany Nutritional Supplements Market Size, Share, and COVID-19 Impact Analysis, By Ingredient (Vitamins, Protein, Fatty Acids, Botanicals, and Minerals), By Product (Sports Nutrition and Dietary Supplements), By Form (Capsules, Powder, Tablet, and Liquid), and Germany Nutritional Supplements Market Insights, Industry Trend, Forecasts to 2033.
Industry: Food & BeveragesGermany Nutritional Supplements Market Insights Forecasts to 2033
- The Germany Nutritional Supplements Market Size was valued at USD 5.12 Billion in 2023.
- The Market Size is Growing at a CAGR of 6.55% from 2023 to 2033
- The Germany Nutritional Supplements Market Size is Expected to Reach USD 9.66 Billion by 2033
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The Germany Nutritional Supplements Market Size is Anticipated to Exceed USD 9.66 Billion by 2033, growing at a CAGR of 6.55% from 2023 to 2033. Increased research and development in dietary supplements are transforming the business.
Market Overview
A nutritional supplement is taken orally and typically consists of one or more food items. Dietary ingredients might contain things like vitamins, minerals, enzymes, botanicals, and amino acids. additionally known as a dietary supplement. These supplements come in standard forms such as capsules, pills, tablets, powders, liquids, or gummies. They frequently include a combination of vitamins, minerals, amino acids, therapeutic herbs, and other botanical components. Nutritional supplements can be classified into various categories based on their intended use, such as vitamins and minerals, sports nutrition, botanicals, herbal nutrients, replacements for meals, and specialty supplements. Every variety targets specific client needs and performs different tasks. Nutritional supplements can help with dietary deficiencies, promote overall health and well-being, and even treat specific health disorders. They have grown in popularity as more individuals become health-conscious and look for ways to improve their nutrition. Additionally, the nutritional supplement industry has grown significantly in recent years, owing to reasons such as increased health awareness, changing dietary habits, and an aging population. Consumers are increasingly looking to improve their health and prevent chronic diseases through dietary changes.
Report Coverage
This research report categorizes the market for the Germany nutritional supplements market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany nutritional supplements market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany nutritional supplements market.
Germany Nutritional Supplements Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 5.12 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 6.55% |
2033 Value Projection: | USD 9.66 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 168 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Ingredient, By Product, By Form |
Companies covered:: | Queisser Pharma GmbH & Company KG, Dr. B. Scheffler Nachfolger GmbH & Co. KG, ZeinPharma Germany GmbH, Pamex Pharmaceuticals GmbH, Ayanda GmbH, Sabinsa Europe GmbH, Denk Pharma GmbH & Co. KG, Pascoe Naturmedizin, Others, and |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The expansion of the German nutritional supplement market is anticipated to be driven by the country's increasing desire for products that are organic and natural. Organic and natural substitutes are favored due to the consumers being knowledgeable and conscious of the components and production processes of the items they use. It is anticipated that the market for nutritional supplements will rise due to the growing demand for nutraceutical ingredients. Germany has played a significant role in the growth of the European market for nutritional supplements. The region's increased disposable income and growing public awareness are two aspects that are anticipated to support the market's expansion. Furthermore, national programs and government policies in Germany to encourage young people to lead healthy lifestyles and get involved in sports are probably going to fuel market expansion. The German Federal Government's National Action Plan IN FORM includes healthy diet plans for school-age children to improve the dietary habits and nutrition of children and young adults.
Restraining Factors
However, these products frequently include high vitamin and mineral concentrations, which could have negative effects. Constipation, diarrhea, and other gastrointestinal issues are possible adverse effects. Sensitive people may potentially experience allergic reactions from the inactive components. The fact that nutritional supplements frequently include a number of components to support one or more health advantages drives up their cost.
Market Segmentation
The Germany Nutritional Supplements Market share is classified into ingredient, product, and form.
- The vitamins segment is expected to hold a significant market share through the forecast period.
The Germany nutritional supplements market is segmented by product ingredient into vitamins, protein, fatty acids, botanicals, and minerals. Among these, the vitamins segment is expected to hold a significant market share through the forecast period. This reflects the increased understanding of the need to eat a balanced diet and take care of particular nutritional inadequacies. The fact that vitamins are vital for maintaining general health and well-being explains their rise in popularity. Proteins and vitamins emphasize how important they are for achieving certain dietary requirements and fitness objectives.
- The dietary supplements segment dominates the market with the largest market share over the predicted period.
The Germany nutritional supplements market is segmented by product into sports nutrition and dietary supplements. Among these, the dietary supplements segment dominates the market with the largest market share over the predicted period. The expansion is being driven by rising demand for omega-3 fatty acids, which benefit heart, brain, eye, skin, and overall mental and physical health, as well as the use of probiotics as dietary supplements. The growing prevalence of sickness in society highlights the need for probiotics as a key component of the human diet.
- The powder segment is expected to hold the largest share of the Germany nutritional supplements market during the forecast period.
Based on the form, the Germany nutritional supplements market is divided into capsules, powder, tablet, and liquid. Among these, the powder segment is expected to hold the largest share of the Germany nutritional supplements market during the forecast period. Convenient ways to include important nutrients including proteins, minerals, amino acids, and other healthy diet components are through powder formulations. The body absorbs powders more easily than it does regular pill forms.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany nutritional supplements market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Queisser Pharma GmbH & Company KG
- Dr. B. Scheffler Nachfolger GmbH & Co. KG
- ZeinPharma Germany GmbH
- Pamex Pharmaceuticals GmbH
- Ayanda GmbH
- Sabinsa Europe GmbH
- Denk Pharma GmbH & Co. KG
- Pascoe Naturmedizin
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In September 2022, the debut of Sky Premium Life Products in Germany and Austria was announced by the global healthcare firm Cosmos Health on Amazon and eBay.
- In January 2022, a Leading German supplier of nutritional supplements, Sana Health, said at Arab Health 2022, which took place at the Dubai World Trade Center, that it has increased sales into other regions following ten years of significant sales growth in Europe.
Market Segment
This study forecasts revenue at the United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Nutritional Supplements Market based on the below-mentioned segments:
Germany Nutritional Supplements Market, By Ingredient
- Vitamins
- Protein
- Fatty Acids
- Botanicals
- Minerals
Germany Nutritional Supplements Market, By Product
- Sports Nutrition
- Dietary Supplements
Germany Nutritional Supplements Market, By Form
- Capsules
- Powder
- Tablet
- Liquid
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