South Africa Cold And Flu Supplements Market Size & Outlook
South Africa cold and flu supplements market, 2017-2030 (US$M)
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South Africa cold and flu supplements market highlights
- The South Africa cold and flu supplements market generated a revenue of USD 163.6 million in 2022 and is expected to reach USD 326.9 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9% 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 163.6 million |
| Market revenue in 2030 | USD 326.9 million |
| Growth rate | 9% (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, South Africa accounted for 1.1% 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 Middle East & Africa, South Africa cold and flu supplements market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 326.9 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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South Africa 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 41.32% in 2022. Horizon Databook has segmented the South Africa 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 South Africa, as in many other parts of the world, the common cold and flu are common respiratory illnesses that circulate during the colder months. As reported by pneumonia (hospitalized cases) and influenza-like illness (ILI) surveillance sentinel sites.
There has been a steady rise in the number of influenza cases since August 2021, with a sharp increase in cases reported in the following November. The National Institute for Communicable Diseases (NICD), a component of the National Health Laboratory Service.
Also received reports of clusters of influenza cases in schools and workplaces, and private laboratories saw a surge in the identification of influenza cases.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa cold and flu supplements market , including forecasts for subscribers. This country databook contains high-level insights into South Africa cold and flu supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa cold and flu supplements market size, by product, 2017-2030 (US$M)
South Africa Cold And Flu Supplements Market Outlook Share, 2022 & 2030 (US$M)
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