Norway Nutritional Supplements Market Size & Outlook
Norway nutritional supplements market, 2018-2030 (US$M)
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Norway nutritional supplements market highlights
- The Norway nutritional supplements market generated a revenue of USD 1,539.5 million in 2023 and is expected to reach USD 2,130.7 million by 2030.
- The Norway market is expected to grow at a CAGR of 4.8% 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 1,539.5 million |
| Market revenue in 2030 | USD 2,130.7 million |
| Growth rate | 4.8% (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, Norway accounted for 0.4% 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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Norway 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 55.58% in 2023. Horizon Databook has segmented the Norway 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.
Awareness about maintaining a healthy diet to complete nutritional requirements has been gaining momentum. Access to dietary supplementation has been made easier through online platforms and retail channels.
The ease of availability has been a major factor driving the market. The e-commerce platforms are also propelling growth of the market due to enhanced visibility of products and wider reach across all age groups & socioeconomic strata.
The adoption of e-commerce platforms has increased due to the pandemic and further propelled market growth.
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Our clientele includes a mix of nutritional supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Norway nutritional supplements market , including forecasts for subscribers. This country databook contains high-level insights into Norway nutritional supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway nutritional supplements market
Norway Nutritional Supplements Market Outlook Share, 2023 & 2030 (US$M)
Norway nutritional supplements market
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