MARKET OVERVIEW
Immune system comprises of various groups of cells that perform important immunity-enhancing functions. A healthy and balanced diet is the best way to maintain a strong immunity system. Additionally, taking nutritional supplements is an easy way to ensure that all nutritional needs are met. It also helps to improve appetite and food intake, lower the risk of nutrient deficiencies, maintain healthy lifestyle, and other health conditions. Vitamins are among the most essential nutrients that are required by the body to strengthen the immune system like vitamin D, a fat-soluble nutrient that is essential for proper functioning of the immune system and health. Vitamin C supports various immune cells functioning and enhances their ability to protect against infections.
MARKET SCOPE
The "Global Immune System Supplements Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the immune system supplements market with detailed market segmentation by product, end user, and geography. The report provides key statistics on the market status of the leading immune system supplements market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-Based on product, the global immune system supplements market is segmented into soft gels/pills, powder, and liquid.
-On the basis of end-users, the market is bifurcated into online sales, and offline sales.
MARKET DYNAMICS
Drivers
-New product launch with more health benefits is expected to drive the immune system supplements market.
-Growing incidences of infectious and chronic diseases and other disorders coupled with rising geriatric population boosts the market growth.
-Advancement of technology and growing need for maintaining and increasing immunity power fuel the market growth.
-Increasing government initiatives and funding for immune system supplement favor the market growth.
Restraints
-Side effects and high cost associated with immune system supplement.
-Lack of awareness for nutritional diet among low- and middle-income countries.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The immune system supplements market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the immune system supplements market in these regions.
IMPACT OF COVID-19 ON IMMUNE SYSTEM SUPPLEMENTS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Firstly, the COVID-19 had a negative impact on the immune system supplements market. However, to boost immunity during this pandemic, customers are looking for immunity booster products and supplements including vitamins, minerals etc. Although, the manufacturers are facing challenges regarding supply chain network for proper product distribution. Since the diseases has spread globally, the demand is high as there is increase in the number of patients suffering from COVID-19 and other life threatening disorders and the demand is estimated to grow at a steady pace during the forecast period.
MARKET PLAYERS
The report covers key developments in the immune system supplements market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from immune system supplements market are anticipated to have lucrative growth opportunities in the future with the rising demand for immune system supplements in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the immune system supplements market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Amway
-Bayer AG
-Glanbia
-Nature's Bounty
-Banyan Botanicals
-INFINITUS
-Herbalife Nutrition Ltd.
-Quantum Health, Inc.
-Vitabiotics Ltd.
-Swisse
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.