NEW DELHI, March 15, 2022 /PRNewswire/ — According to research undertaken by Astute Analytica, the Global Immune Health Products Market was rated at US$16,955.1 million in 2021 and is expected to reach US$28,996.3 million by 2027. The market is expected to register a CAGR of 9.4% during the forecast period 2022-2027. The global immune health products market is driven by the growing prevalence of chronic diseases and increasing online shopping, internet penetration has led to growth in demand for immune products. Immunity enhancing food products are also called immunity boosters, which are used to boost the immune system of people. A healthy immune system protects the body by forming a barrier that prevents invaders or antigens from entering the body. If one breaks through the barrier, the immune system produces white blood cells and other chemicals and proteins that target and destroy these foreign substances. Additionally, as individuals become more interested in personal fitness, the demand for immune-boosting products that include vitamins, herbal extracts, probiotics, and other ingredients is increasing.
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The global market for immune health products is driven by the increasing prevalence of chronic diseases such as diabetes, cancer and heart disease and the increase in online shopping and internet penetration has led to growth in the demand for immune products. Moreover, there are major players across the globe focusing on various strategies such as partnerships, mergers and acquisitions, collaborations, product advancements, factory expansions, and product development among others. , which is driving the growth of the market in the coming years. However, due to the increase in the number of counterfeit drugs due to lack of knowledge, consumers are buying counterfeit drugs from the Internet. Hence, this increase in the number of counterfeit drugs is inhibiting the growth of the immune health products market.
The herbal segment is estimated to have the highest market share in 2021
Based on source, the immune health products market is segmented into herbal, animal-based, and microorganism-based products. The herbal segment is estimated to hold the highest market share in 2021, primarily due to the increase in demand for herbal roots and tubers immune health products in the market. While the microorganism-based immune health products segment is expected to project a CAGR of 10.3% in the immune health products market during the forecast period.
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Semi-processed Segment Expected to Project Fastest CAGR in Global Immune Health Products Market
Based on processed type, the immune health products market is categorized into raw, semi-processed, processed/packaged, and frozen. The processed/packaged segment contributed the major portion of the global immune health products market in 2021 owing to the increased demand for suitable packaged products with detailed description.
The tablets segment contributed major share of the global immune health products market in 2021
On the basis of form, the immune health products market is segmented into tablets, powder, liquid, and others. Among these, tablet segment has dominated the market due to its availability of perfect dosage as there is no requirement of dosage measurement. The powders segment is expected to project the fastest CAGR of 10.4% in the global immune health products market.
The vitamins segment contributed the major portion of the global immune health products market in 2021
Based on type, the immune health products market is segmented into vitamins, minerals, probiotics, omega-3 fatty acids, phytonutrients, amino acids, and others. As individuals become more interested in personal fitness, the demand for immune-boosting products that include vitamins, herbal extracts, probiotics and other ingredients is increasing. The omega-3 fatty acids segment is expected to grow at the highest CAGR of 10.4% during the forecast period.
Metabolism segment is expected to project the highest CAGR of the global immune health products market during the forecast period
On the basis of function, the immune health product market is segmented into fitness, anti-inflammatory, digestion, metabolism, disease prevention, personal protection, and others. The fitness segment contributed major chunk of the global immune health products market in 2021 owing to the growing interest in fitness among people.
The online store segment holds the highest share and is expected to grow at the fastest CAGR during the forecast period
Based on the distribution channel, the immune health products market is segmented into medical stores, convenience stores, supermarkets & hypermarkets, online stores, and others. The online store segment contributed the major portion of the global immune health products market in 2021 and is expected to project the fastest CAGR of 10.4% during the forecast period. This is increasing due to increasing internet penetration and advancements in online shopping sites.
North America is the dominant region in the global immune health products market
North America is the dominant region in the global immune health products market owing to the rising prevalence of lifestyle-related diseases such as obesity and diabetes coupled with growing awareness of wellness and health . While, Asia Pacific The immune health products market is growing at the fastest CAGR of 10.7% during the forecast period. As China is the hub of business across all sectors, as well as one of the fastest growing economies in the world.
Key players in the global immune health products market include Bayer AG, Herbalife Nutrition, Koninklijke DSM NV, Glanbia, Plc, Amway Corp, Add Veda, Banyan Botanicals, GNC Holdings, Herbalife Nutrition, Nature’s Way, and Source naturals, among others.
The global immune health products market is highly competitive to increase their presence in the market. Through extensive research, it is found that the major players have adopted various competitive strategies such as product development and collaboration in order to gain a grip on the stabilized global market scenarios. Additionally, large companies are expanding their geographic boundaries by acquiring smaller brands and national companies.
Introduction to Segmentation
The global immune health products market is segmented on the basis of source, processed state, form, type, function, distribution channel and region. Industry trends in the global immune health products market are sub-divided into different categories to get a holistic view of the market.
Following are the various segments of the global immune health products market.
- By source segment of Global Immune Health Products The market is sub-segmented into:
- Cereals and seeds
- Roots & Tubers
- White meat
- Red meat
- Fish & Shellfish
- Based on microorganisms
- Fermented vegetables
- Kombucha tea
- Per processed status segment of Global Immune Health Products The market is sub-segmented into:
- By form segment of the Global Immune Health Products The market is sub-segmented into:
- By type segment of the Global Immune Health Products The market is sub-segmented into:
- Omega-3 fatty acids
- Amino acids
- By function segment of the Global Immune Health Products The market is sub-segmented into:
- Disease prevention
- Personal protection
- By distribution channel part of the Global Immune Health Products The market is sub-segmented into:
- Medical stores
- convenience stores
- Supermarkets and Hypermarkets
- Online stores
- By Region part of the Global Immune Health Products The market is sub-segmented into:
- North America
- Great Britain
- Rest of Europe
- Asia Pacific
- South East Asia
- South America
- Rest of South America
- Middle East & Africa (SOUL)
- United Arab Emirates
- Saudi Arabia
- South Africa
- Rest of MEA
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About Astute Analytica
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SOURCE Clever Analytics