Europe Dietary Supplements Market Size & Outlook
Europe dietary supplements market, 2018-2030 (US$M)
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Europe dietary supplements market highlights
- The Europe dietary supplements market generated a revenue of USD 40,731.7 million in 2023.
- The market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating ingredient in 2023.
- Protiens & Amino Acids is the most lucrative ingredient segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 40,731.7 million |
| Market revenue in 2030 | USD 65,435.0 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | Protiens & Amino Acids |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins, Botanicals, Minerals, Protiens & Amino Acids, Fibers & Specialty Carbohydrates, Omega Fatty Acids |
| Key market players worldwide | Amway Malaysia Holdings, Abbott Laboratories, Bayer AG, Glanbia PLC, Pfizer Inc, Archer-Daniels Midland Co, Nu Skin Enterprises Inc Class A, GlaxoSmithKline, Herbalife Ltd, Natures Sunshine Products Inc, DuPont de Nemours Inc, Nestle SA, NOW Foods, RBK Nutraceuticals, Goodhealth |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.9% of the global dietary supplements market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 148,424.0 million by 2030.
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Dietary Supplements Market Scope
Dietary Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe dietary 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 dietary supplements market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 29.26% in 2023. Horizon Databook has segmented the Europe dietary supplements market based on vitamins, botanicals, minerals, protiens & amino acids, fibers & specialty carbohydrates, omega fatty acids covering the revenue growth of each sub-segment from 2018 to 2030.
Growing technological innovation in the nutraceuticals sector offers new opportunities in the European region for the dietary supplements market. The Federation of European Nutrition Societies (FENS) funds and invests in various nutritional foods & nutria-cosmetics businesses. The federation operates and nurtures the growth of such business in 26 countries in the region.
The European Society for Clinical Nutrition and Metabolism (ESPEN) governs and offers grants for business in the nutrition sector and also accolades the best performing organizations in the industry. Such initiatives have encouraged participants to come up with highly beneficial and new innovative products, thus, boosting industry growth.
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Target buyers of Europe dietary supplements market databook
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Our clientele includes a mix of dietary supplements market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe dietary supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Europe dietary supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe dietary supplements market size, by country, 2018-2030 (US$M)
Europe Dietary Supplements Market Outlook Share, 2023 & 2030 (US$M)
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