Europe Dietary Supplements Market: Market Segments: By Type (Vitamins, Minerals, Botanicals, Enzymes, Fatty-Acids, Protein & Others); By Distribution Channel (Hypermarket & Supermarket, Pharmacies & Drug Stores, Online Channels & Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Dietary supplements are viewed by Europeans as products that improve health and wellness. Accordingly, the purchasing of such items is considered a preventive measure for health disorders. To overcome health challenges, health practitioners across the area prescribe dietary supplements to their patients. Food supplements are regulated as foods, and vitamins and minerals used as food supplement ingredients are also the subjects of legislation.
Europe Dietary Supplements Market is expected to project a notable CAGR of XX.X% in 2030.
Europe Dietary Supplements Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. The EU regulations on diet and health claims have forced supplement manufacturers to include micronutrients in their health claim substantiation offerings.
Europe Dietary Supplements Market: Segments
Vitamin Segment to grow with the highest CAGR of XX.X% during 2019-30
Europe Dietary Supplements Market is segmented by Type as Vitamins, Minerals, Botanicals, Enzymes, Fatty-Acids, Protein, and others. The greater market share in 2018 was accounted by Vitamin segment and is expected to see the highest growth during the forecast period. Demand for vitamin supplements in Europe is motivated by preventive healthcare activities that are currently in vogue, combined with multivitamin deficiency that is widely observed due to insufficient intake. In addition, the market for dietary supplements is being influenced by the growing number of personalized online systems accessible to customers free of charge.
Increasing awareness and health benefits
Growth of the global demand for nutritional supplements is being driven by growing awareness of the health benefits of nutritional supplements. Nutritional supplements are used to treat the lack of nutrients in the human body. Vitamins, minerals, proteins, and other essential ingredients consist of dietary supplements.
High cost of nutritional supplements and side effects
High nutritional supplement costs and side effects caused by nutritional supplements would restrict the growth of the global market for nutritional supplements. For healthy skin, hair, and nails, nutritional supplements include all the minerals and vitamins required.
Europe Dietary Supplements Market: Regions
Europe Dietary Supplements Market is segmented based on regional analysis into five major regions. These include Spain, United Kingdom, Germany, France, Italy, Russia, and Rest of Europe.
Europe Dietary Supplements Market in French held the largest market share of XX.X% in the year 2018 due to customer awareness of healthy ingredients and rising demands from the health-conscious population for vitamins and mineral supplements. The French dietary supplements market has received a significant boost from the changing EU health claims regulations, which have provided substantial creative space for supplement producers. The EU regulations on diet and health claims have forced supplement producers to integrate micronutrients into their deals to substantiate health claims.
Europe Dietary Supplements Market: Key Players
• Wild Planet Foods, Inc.
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• AEC. CANNING Co. Ltd.
• American Tuna, Inc.
• Bumble Bee Foods LLC.
• Century Pacific Food, Inc.
• Crown Prince Inc.
• Dongwon Group
• Golden Prize Canning Co. Ltd.
• Thai Union Group PCL.
Europe Dietary Supplements Market report also contains analysis on:
Europe Dietary Supplements Market Segments:
By Distribution Channel:
• Hypermarket & Supermarket
• Specialty Stores
• Europe Dietary Supplements Market Dynamics
• Europe Dietary Supplements Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints