Canada Cold And Flu Supplements Market Size & Outlook

The cold and flu supplements market in Canada is expected to reach a projected revenue of US$ 923.8 million by 2030. A compound annual growth rate of 9.7% is expected of Canada cold and flu supplements market from 2023 to 2030.
Revenue, 2022 (US$M)
$439.6
Forecast, 2030 (US$M)
$923.8
CAGR, 2023 - 2030
9.7%
Report Coverage
Canada

Canada cold and flu supplements market highlights

  • The Canada cold and flu supplements market generated a revenue of USD 439.6 million in 2022 and is expected to reach USD 923.8 million by 2030.
  • The Canada market is expected to grow at a CAGR of 9.7% 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 2022USD 439.6 million
Market revenue in 2030USD 923.8 million
Growth rate9.7% (CAGR from 2022 to 2030)
Largest segmentVitamins & minerals
Fastest growing segmentHerbal Extracts
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationVitamins & Minerals, Herbal Extracts, Natural Molecules
Key market players worldwideAmway 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, Canada accounted for 2.9% 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 North America, U.S. cold and flu supplements market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 9,977.4 million by 2030.

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Cold And Flu Supplements Market Companies

Name Profile # Employees HQ Website

Canada 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 40.26% in 2022. Horizon Databook has segmented the Canada 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.


After experiencing sporadic influenza activity in the 2020-2021 season, according to the Government of Canada, seasonal influenza made a comeback in Canada during the 2021-2022 influenza season. The epidemic started later than usual, beginning mid-April 2022 and ending mid-June 2022. 

Notably, the influenza epidemic was shorter in duration, less intense, and occurred toward the end of the typical flu season. In a preprint article published in The Journal of Infectious Diseases in 2021.

Researchers issued a warning regarding the need for healthcare systems to prepare for potential severe surges in influenza cases as COVID-19 measures were relaxed. With the relaxation of COVID-19 restrictions. 

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada cold and flu supplements market , including forecasts for subscribers. This country databook contains high-level insights into Canada cold and flu supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Canada cold and flu supplements market size, by product, 2017-2030 (US$M)

Canada Cold And Flu Supplements Market Outlook Share, 2022 & 2030 (US$M)

Canada cold and flu supplements market size, by product, 2017-2030 (US$M)

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