Nutrition supplements market in Europe all set to rise at growth rate of 5.74% CAGR | Valuation at $2,811.5 Million between 2022 and 2027

NEW YORK, July 26, 2023 /PRNewswire/ -- The nutrition supplements market size in Europe is set to grow by USD 20.93 billion between 2022 and 2027 and register a CAGR of 5.74%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. The report is segmented by Distribution Channel, Type, and Geography. The offline segment will be significant for market growth during the forecast period. Health food stores, pharmacies, supermarkets, and specialty shops are the major offline channels for the growth of the market in Europe. Consumers have the opportunity to speak with healthcare or nutrition experts about the kinds of supplements that are best for their particular needs through this channel. Hence, it is anticipated that the offline sector of the market for nutritional supplements in Europe will expand during the forecast period due to growing interest in health and wellness. Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. View Sample Report

The report also covers the following areas:

• Nutrition supplements Market size
• Nutrition supplements Market trends
• Nutrition supplements Market industry analysis

Nutrition Supplements Market in Europe 2023-2027: Segmentation=

• Distribution Channel
• Offline
• Online
• Type 
• Vitamins
• Botanicals
• Proteins And Amino Acids
• Minerals
• Others
• Geography 
• Europe

Detail Insights on the impact of each segment and make informed business decisions, download a sample report now!

Nutrition Supplements Market in Europe 2023-2027: Vendor Analysis and Scope

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Some of the major vendors of the nutrition supplements market include Abbott Laboratories, Amway Corp., Archer Daniels Midland Co., Arkopharma Laboratories, CSN Supplements, Glanbia plc, GlaxoSmithKline Plc, Herbalife International of America Inc., Mondelez International Inc., Nestle SA, PepsiCo Inc., Pfizer Inc., Science in Sport plc, and TheHutGroup.com Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market.

What's New?

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings

• Abbott Laboratories - The company offers nutrition supplements such as Pedialyte AdvancedCare Plus Powder. 
• Amway Corp. - The company offers nutrition supplements such as Nutrilite cherry lion. 
• Archer Daniels Midland Co. - The company offers nutrition supplements such as BP1 microbiome probiotics. 

Nutrition Supplements Market in Europe 2023-2027: Market Dynamics

Key Drivers

• The rising fitness inclination and increasing awareness of healthy lifestyles drive the growth of the nutrition supplements market in Europe.
• Owing to growing interest in health, well-being, and preventive healthcare practices, the market grows in Europe.
• Furthermore, the COVID-19 pandemic emphasized the importance of a robust immune system, which boosted demand for vitamin supplements with zinc, vitamin C, and vitamin D.
• Also, intense competition and convenient online channels contribute to the market's expansion.
• Hence, such factors drive the growth of the nutrition supplements market in Europe during the forecast period.

Significant Trends

• Increasing demand for plant-based supplements is an emerging nutrition supplements market trend in Europe.
• There is also a growing consumer interest in natural, environmentally friendly supplements in Europe. Since consumers become more health conscious, they increasingly choose products that are free of harmful chemicals or synthetic ingredients.
• Furthermore, supplements made from plants generally have a lower environmental impact than those made from animals.
• This is because they use fewer resources to produce them and have a smaller carbon footprint.
• Hence, trends like the rising demand for plant-based nutritional supplements in Europe will propel the growth of the nutrition supplements market during the forecast period.

Major Challenges

• Stringent government regulations for new product launches challenge the growth of the nutrition supplements market in Europe.
• The strict and complex regulatory environment for nutrition supplements in Europe is because before nutritional supplements are introduced for use in commerce, they must undergo extensive testing and documentation related to their quality, safety, and branding.
• The EFSA must approve new compounds that are added to nutritional supplements before they can be sold.
• Also, as they increase the cost of new products, these regulations not only significantly slow down their development and sales but also present a challenge for the market's smaller businesses.
• Hence, such challenges hinder market growth during the forecast period.

Nutrition Supplements Market in Europe 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist nutrition supplements market growth in Europe during the next five years
• Estimation of the nutrition supplements market size in Europe and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the nutrition supplements market in Europe
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of nutrition supplements market vendors in Europe

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)

4 Historic Market Size

• 4.1 Nutrition supplements market in Europe 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on nutrition supplements market in Europe 2017 - 2021 ($ billion)

• 4.2 Distribution Channel Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 22: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments
• Exhibit 29: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 30: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 31: Chart on Comparison by Distribution Channel
• Exhibit 32: Data Table on Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 34: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027 
• Exhibit 37: Chart on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 38: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 40: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel 
• Exhibit 41: Market opportunity by Distribution Channel ($ billion)
• Exhibit 42: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 43: Chart on Type - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Vitamins - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Vitamins - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Vitamins - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Vitamins - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Vitamins - Year-over-year growth 2022-2027 (%)

• 7.4 Botanicals - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Botanicals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Botanicals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Botanicals - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Botanicals - Year-over-year growth 2022-2027 (%)

• 7.5 Proteins and amino acids - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Proteins and amino acids - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Proteins and amino acids - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Proteins and amino acids - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Proteins and amino acids - Year-over-year growth 2022-2027 (%)

• 7.6 Minerals - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Minerals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Minerals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Minerals - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Minerals - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Type 
• Exhibit 67: Market opportunity by Type ($ billion)
• Exhibit 68: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 70: Chart on Market share by geography - 2022-2027 (%)
• Exhibit 71: Data Table on Market share by geography - 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 72: Chart on Geographic comparison
• Exhibit 73: Data Table on Geographic comparison

• 9.3 Italy - Market size and forecast 2022-2027 
• Exhibit 74: Chart on Italy - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Data Table on Italy - Market size and forecast 2022-2027 ($ billion)
• Exhibit 76: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 77: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.4 Germany - Market size and forecast 2022-2027 
• Exhibit 78: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.5 France - Market size and forecast 2022-2027 
• Exhibit 82: Chart on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Data Table on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 85: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.6 UK - Market size and forecast 2022-2027 
• Exhibit 86: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 89: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.7 Belgium - Market size and forecast 2022-2027 
• Exhibit 90: Chart on Belgium - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Data Table on Belgium - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Chart on Belgium - Year-over-year growth 2022-2027 (%)
• Exhibit 93: Data Table on Belgium - Year-over-year growth 2022-2027 (%)

• 9.8 Market opportunity by geography 
• Exhibit 94: Market opportunity by geography ($ billion)
• Exhibit 95: Data Table on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 96: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 97: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 98: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 99: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 100: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 101: Matrix on vendor position and classification

• 12.3 Abbott Laboratories
• Exhibit 102: Abbott Laboratories - Overview
• Exhibit 103: Abbott Laboratories - Business segments
• Exhibit 104: Abbott Laboratories - Key news
• Exhibit 105: Abbott Laboratories - Key offerings
• Exhibit 106: Abbott Laboratories - Segment focus

• 12.4 Amway Corp.
• Exhibit 107: Amway Corp. - Overview
• Exhibit 108: Amway Corp. - Product / Service
• Exhibit 109: Amway Corp. - Key news
• Exhibit 110: Amway Corp. - Key offerings

• 12.5 Archer Daniels Midland Co. 
• Exhibit 111: Archer Daniels Midland Co. - Overview
• Exhibit 112: Archer Daniels Midland Co. - Business segments
• Exhibit 113: Archer Daniels Midland Co. - Key offerings
• Exhibit 114: Archer Daniels Midland Co. - Segment focus

• 12.6 Arkopharma Laboratories 
• Exhibit 115: Arkopharma Laboratories - Overview
• Exhibit 116: Arkopharma Laboratories - Product / Service
• Exhibit 117: Arkopharma Laboratories - Key offerings

• 12.7 CSN Supplements
• Exhibit 118: CSN Supplements - Overview
• Exhibit 119: CSN Supplements - Product / Service
• Exhibit 120: CSN Supplements - Key offerings

• 12.8 Glanbia plc
• Exhibit 121: Glanbia plc - Overview
• Exhibit 122: Glanbia plc - Business segments
• Exhibit 123: Glanbia plc - Key offerings
• Exhibit 124: Glanbia plc - Segment focus

• 12.9 GlaxoSmithKline Plc
• Exhibit 125: GlaxoSmithKline Plc - Overview
• Exhibit 126: GlaxoSmithKline Plc - Business segments
• Exhibit 127: GlaxoSmithKline Plc - Key news
• Exhibit 128: GlaxoSmithKline Plc - Key offerings
• Exhibit 129: GlaxoSmithKline Plc - Segment focus

• 12.10 Herbalife International of America Inc. 
• Exhibit 130: Herbalife International of America Inc. - Overview
• Exhibit 131: Herbalife International of America Inc. - Product / Service
• Exhibit 132: Herbalife International of America Inc. - Key offerings

• 12.11 Mondelez International Inc. 
• Exhibit 133: Mondelez International Inc. - Overview
• Exhibit 134: Mondelez International Inc. - Business segments
• Exhibit 135: Mondelez International Inc. - Key news
• Exhibit 136: Mondelez International Inc. - Key offerings
• Exhibit 137: Mondelez International Inc. - Segment focus

• 12.12 Nestle SA
• Exhibit 138: Nestle SA - Overview
• Exhibit 139: Nestle SA - Business segments
• Exhibit 140: Nestle SA - Key news
• Exhibit 141: Nestle SA - Key offerings
• Exhibit 142: Nestle SA - Segment focus

• 12.13 PepsiCo Inc.
• Exhibit 143: PepsiCo Inc. - Overview
• Exhibit 144: PepsiCo Inc. - Business segments
• Exhibit 145: PepsiCo Inc. - Key news
• Exhibit 146: PepsiCo Inc. - Key offerings
• Exhibit 147: PepsiCo Inc. - Segment focus

• 12.14 Pfizer Inc.
• Exhibit 148: Pfizer Inc. - Overview
• Exhibit 149: Pfizer Inc. - Product / Service
• Exhibit 150: Pfizer Inc. - Key news
• Exhibit 151: Pfizer Inc. - Key offerings

• 12.15 Science in Sport plc
• Exhibit 152: Science in Sport plc - Overview
• Exhibit 153: Science in Sport plc - Business segments
• Exhibit 154: Science in Sport plc - Key offerings
• Exhibit 155: Science in Sport plc - Segment focus

• 12.16 TheHutGroup.com Ltd.
• Exhibit 156: TheHutGroup.com Ltd. - Overview
• Exhibit 157: TheHutGroup.com Ltd. - Business segments
• Exhibit 158: TheHutGroup.com Ltd. - Key offerings
• Exhibit 159: TheHutGroup.com Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 160: Inclusions checklist
• Exhibit 161: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 162: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 163: Research methodology
• Exhibit 164: Validation techniques employed for market sizing
• Exhibit 165: Information sources

• 13.5 List of abbreviations 
• Exhibit 166: List of abbreviations

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