Latin America Immune Health Supplements Market Size & Outlook
The immune health supplements market in Latin America is expected to reach a projected revenue of US$ 2,292.5 million by 2030. A compound annual growth rate of 8.7% is expected of Latin America immune health supplements market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,277.6
Forecast, 2030 (US$M)
$2,292.5
CAGR, 2024 - 2030
8.7%
Report Coverage
Latin America
Latin America immune health supplements market, 2018-2030 (US$M)
Related Markets
Latin America immune health supplements market highlights
- An overview of the Latin America immune health supplements market trends heading towards 2030. The Latin America market generated a revenue of USD 1,277.6 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, vitamin & mineral supplements was the largest revenue generating product in 2023.
- Herbal Supplements is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,277.6 million |
| Market revenue in 2030 | USD 2,292.5 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Vitamin & mineral supplements |
| Fastest growing segment | Herbal Supplements |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamin & Mineral Supplements, Amino Acids, Omega-3 Fatty Acids, Herbal Supplements, Probiotic Supplements |
| Key market players worldwide | Bayer AG, Pfizer Inc, Sun Pharmaceutical Industries, Swisse Wellness, GlaxoSmithKline Consumer Healthcare (GSK CH India), Abbott Laboratories, Amway Corporation, The Nature's Bounty, Herbalife Ltd, Himalaya Global, Unilever PLC, Sanofi SA, Novartis AG ADR, Boehringer Ingelheim, Nestle SA, Danone SA |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.8% of the global immune health 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 19,367.7 million by 2030.
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Immune Health Supplements Market Scope
Immune health supplements market segmentation & scope
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Immune Health Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America immune health supplements market size, by country, 2018-2030 (US$M)
Latin America Immune Health Supplements Market Outlook Share, 2023 & 2030 (US$M)
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