Italy Nutritional Supplements Market Size & Outlook
Italy nutritional supplements market, 2018-2030 (US$M)
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Italy nutritional supplements market highlights
- The Italy nutritional supplements market generated a revenue of USD 8,722.1 million in 2023 and is expected to reach USD 13,054.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, functional foods and beverages was the largest revenue generating product in 2023.
- Sports Nutrition is the most lucrative product segment registering the fastest growth during the forecast period.
Nutritional supplements market data book summary
| Market revenue in 2023 | USD 8,722.1 million |
| Market revenue in 2030 | USD 13,054.9 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Functional foods and beverages |
| Fastest growing segment | Sports Nutrition |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sports Nutrition, Fat Burners, Dietary Supplements, Functional Foods and Beverages |
| Key market players worldwide | Glanbia PLC, Abbott Laboratories, Nestle SA, Herbalife Ltd, Amway Malaysia Holdings, PepsiCo Inc, Clif Bar, Science in Sport, THG PLC Ordinary Share, Chesnara PLC |
Other key industry trends
- In terms of revenue, Italy accounted for 2.2% of the global nutritional supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK nutritional supplements market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 21,970.9 million by 2030.
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Nutritional Supplements Market Scope
Nutritional Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy nutritional 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 nutritional supplements market will help companies and investors design strategic landscapes.
Functional foods and beverages was the largest segment with a revenue share of 55.66% in 2023. Horizon Databook has segmented the Italy nutritional supplements market based on sports nutrition, fat burners, dietary supplements, functional foods and beverages covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing demand for food supplements and the rising burden of various noncommunicable disorders in the country are driving the nutritional supplements market in Italy.
In addition, rapidly aging population and leveraging demand for nutritional & dietary supplements among young & middle age population are factors fueling the market.
For instance, according to Statista, around 51.8% of Italian population consumes supplements. Thus, such increasing consumption of supplements by Italian population is anticipated to fuel the market.
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Our clientele includes a mix of nutritional supplements market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy nutritional supplements market , including forecasts for subscribers. This country databook contains high-level insights into Italy nutritional supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy nutritional supplements market size, by product, 2018-2030 (US$M)
Italy Nutritional Supplements Market Outlook Share, 2023 & 2030 (US$M)
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