UK Nutritional Supplements Market Size & Outlook
UK nutritional supplements market, 2018-2030 (US$M)
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UK nutritional supplements market highlights
- The UK nutritional supplements market generated a revenue of USD 12,672.2 million in 2023 and is expected to reach USD 21,970.9 million by 2030.
- The UK market is expected to grow at a CAGR of 8.2% 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 12,672.2 million |
| Market revenue in 2030 | USD 21,970.9 million |
| Growth rate | 8.2% (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, UK accounted for 3.1% 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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UK 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 55.71% in 2023. Horizon Databook has segmented the UK 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 geriatric population, growing demand for organic supplements, and rising preference for dietary supplements are anticipated to drive nutritional supplements market in UK.
According to the Office for National Statistics, the geriatric population in England and Wales is increasing significantly.
For instance, the number of people aged 65 years and over raised from 9.2 million in 2011 to over 11 million in 2021, and the proportion of population aged 65 years and over rose from 16.4% to 18.6%.
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Target buyers of UK nutritional supplements market databook
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Our clientele includes a mix of nutritional 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 country-level data and insights on the UK nutritional supplements market , including forecasts for subscribers. This country databook contains high-level insights into UK nutritional supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK nutritional supplements market
UK Nutritional Supplements Market Outlook Share, 2023 & 2030 (US$M)
UK nutritional supplements market
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