Immune Health Supplements Market is projected to reach USD 29.40 billion by 2027
The global “Immune Health Supplements Market” is likely to grow astonishingly backed by the increasing popularity of non-GMO and organic ingredients amongst the masses. The trend is further resulting in the rising purchase of organic immunity health supplements worldwide. This information is given by Fortune Business Insights™ in a report, 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, 2020-2027.” The report further states that the immune health supplements market size was USD 16.32 billion in 2019 and is projected to reach USD 29.40 billion by 2027, exhibiting a CAGR of 7.4% during the forecast period.
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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.
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.
Major Immune Health Supplements Market Key players covered in the
report include:
- Herbalife
Nutrition (California, United States)
- Nutramax
Laboratories (Maryland, United States)
- BioGaia
(Stockholm, Sweden)
- Blackmores
Limited (New South Wales, Australia)
- Glanbia,
Plc (Kilkenny, Ireland)
- Royal
DSM (Heerlen, Netherlands)
- Alticor
Inc. (Amway) (Michigan, United States)
- USANA
Health Sciences (Utah, United States)
- Bayer
AG (Leverkusen, Germany)
- NOW
Foods (Illinois, United States)
- Pfizer
(New York, United States)
- Other key market players
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