Latin America Cold And Flu Supplements Market Size & Outlook
Latin America cold and flu supplements market, 2017-2030 (US$M)
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Latin America cold and flu supplements market highlights
- The Latin America cold and flu supplements market generated a revenue of USD 961.3 million in 2022.
- The market is expected to grow at a CAGR of 9.4% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 961.3 million |
| Market revenue in 2030 | USD 1,965.8 million |
| Growth rate | 9.4% (CAGR from 2022 to 2030) |
| Largest segment | Vitamins & minerals |
| Fastest growing segment | Herbal Extracts |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 6.3% of the global cold and flu supplements market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 9,849.6 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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Latin America 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 40.27% in 2022. Horizon Databook has segmented the Latin America 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.
Central & South American cold and flu supplements market is estimated to witness growth in discoveries to treat various health concerns including cold and flu for consumers in the region.
Furthermore, avian influenza is a highly contagious illness brought on by viruses, and its genetic composition may evolve rapidly. On February 2023, the Pan American Health Organization claimed that the illness had also spread to a number of additional nations in Central and South America.
High pathogenicity avian influenza (HPAI) has been found for the first time in Venezuela, Peru, Costa Rica, Ecuador, Panama, Colombia, Honduras, and Bolivia. Chile has also reported new HPAI cases since 2002.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cold and flu supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cold and flu supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cold and flu supplements market size, by country, 2017-2030 (US$M)
Latin America Cold And Flu Supplements Market Outlook Share, 2022 & 2030 (US$M)
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