ANZ Cold And Flu Supplements Market Size & Outlook
ANZ cold and flu supplements market, 2017-2030 (US$M)
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ANZ cold and flu supplements market highlights
- The ANZ cold and flu supplements market generated a revenue of USD 212.5 million in 2022 and is expected to reach USD 544.5 million by 2030.
- The ANZ market is expected to grow at a CAGR of 12.5% from 2023 to 2030.
- In terms of segment, vitamins & minerals was the largest revenue generating product in 2022.
- Herbal Extracts is the most lucrative product segment registering the fastest growth during the forecast period.
Cold and flu supplements market data book summary
| Market revenue in 2022 | USD 212.5 million |
| Market revenue in 2030 | USD 544.5 million |
| Growth rate | 12.5% (CAGR from 2022 to 2030) |
| Largest segment | Vitamins & minerals |
| Fastest growing segment | Herbal Extracts |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins & Minerals, Herbal Extracts, Natural Molecules |
| Key market players worldwide | Amway Malaysia Holdings, Klaire Labs, Nordic Naturals, Himalaya Wellness, Nu Skin Enterprises Inc Class A, Pfizer Inc, NOW Foods, Natures Sunshine Products Inc, Wakunaga Pharmaceutical, Neurobiologix Supplements, Parkway Products, Vitamin Shoppe |
Other key industry trends
- In terms of revenue, ANZ accounted for 1.4% of the global cold and flu supplements market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cold and flu supplements market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,186.1 million by 2030.
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Cold And Flu Supplements Market Scope
Cold And Flu Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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ANZ cold and flu supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold and flu supplements market will help companies and investors design strategic landscapes.
Vitamins & minerals was the largest segment with a revenue share of 40.66% in 2022. Horizon Databook has segmented the ANZ cold and flu supplements market based on vitamins & minerals, herbal extracts, natural molecules covering the revenue growth of each sub-segment from 2017 to 2030.
In Australia, where winter periods typically range between May and August, in 2023, the Australian Department of Health and Aged Care announced the sharp rise of flu cases in early May month. This marks an earlier start of the season than some years, with case numbers higher than the five-year average.
Scientists in the country were monitoring pediatric cases closely as more children in Australia appeared to be getting sick than other age groups. Australia and New Zealand are lucrative markets for cold and flu supplements due to the seasonal variations.
Health-conscious culture, travel exposure, preference for natural remedies, and increased awareness about immune health. Moreover, the 2023 NAB Health Insights Special Report revealed that Australians are taking a more proactive approach to their health since the COVID-19 pandemic.
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Our clientele includes a mix of cold and flu supplements market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the ANZ cold and flu supplements market , including forecasts for subscribers. This country databook contains high-level insights into ANZ cold and flu supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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ANZ cold and flu supplements market size, by product, 2017-2030 (US$M)
ANZ Cold And Flu Supplements Market Outlook Share, 2022 & 2030 (US$M)
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