Europe Vitamin Supplements Market Size & Outlook
Europe vitamin supplements market, 2017-2030 (US$M)
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Europe vitamin supplements market highlights
- The Europe vitamin supplements market generated a revenue of USD 11,308.2 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, multivitamin was the largest revenue generating type in 2022.
- Vitamin E is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 11,308.2 million |
| Market revenue in 2030 | USD 17,157.6 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Multivitamin |
| Fastest growing segment | Vitamin E |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Multivitamin, Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K |
| Key market players worldwide | Glanbia PLC, Pfizer Inc, Bayer AG, Amway Malaysia Holdings, GlaxoSmithKline, Nestle SA, NOW Foods, Abbott Laboratories, Herbalife Ltd, Natures Sunshine Products Inc, Nu Skin Enterprises Inc Class A, Pharmavite, Good Health, RBK Nutraceuticals |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.3% of the global vitamin supplements market in 2022.
- 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 34,887.9 million by 2030.
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Vitamin Supplements Market Scope
Vitamin Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe vitamin 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 vitamin supplements market will help companies and investors design strategic landscapes.
Multivitamin was the largest segment with a revenue share of 43.22% in 2022. Horizon Databook has segmented the Europe vitamin supplements market based on multivitamin, vitamin a, vitamin b, vitamin c, vitamin d, vitamin e, vitamin k covering the revenue growth of each sub-segment from 2017 to 2030.
The vitamin supplement market in Europe is expected to benefit from technological advancements in the nutraceutical industry. The Federation of European Nutrition Societies invests in various nutriacosmetics and nutritional foods businesses.
It operates and nurtures the growth of such business in 26 countries in the region. The European Society for Clinical Nutrition and Metabolism governs and offers grants for businesses in the nutrition sector and accolades the best-performing organizations in the industry.
Such initiatives have encouraged participants to come up with highly beneficial and innovative products, thus boosting industry growth. Vitamin supplements continue to contribute significantly to the European dietary supplements market growth.
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Target buyers of Europe vitamin supplements market databook
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Our clientele includes a mix of vitamin 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 continent-level data and insights on the Europe vitamin supplements market , including forecasts for subscribers. This continent databook contains high-level insights into Europe vitamin supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe vitamin supplements market size, by country, 2017-2030 (US$M)
Europe Vitamin Supplements Market Outlook Share, 2022 & 2030 (US$M)
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