Market revenue in 2022 | USD 1,695.9 million |
Market revenue in 2030 | USD 2,487.4 million |
Growth rate | 4.9% (CAGR from 2022 to 2030) |
Largest segment | Multivitamin |
Fastest growing segment | Vitamin D |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 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 |
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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 43.2% in 2022. Horizon Databook has segmented the UK 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.
Consumers in the U.K. are becoming increasingly aware of healthy lifestyles and are taking more responsibility to ensure the well-being of both their mental and physical health. The perception of being healthy has also changed significantly among U.K. consumers.
In a survey commissioned by the Health Food Manufacturers Association, there is a significant uptick in supplement usage among individuals in the U.K. According to the data, the count of daily supplement consumers in the U.K. increased to nearly 20 million, marking a 19% increase compared to the previous survey conducted in 2019, which reported a figure of 16.5 million.
Also, more than 71% of adults in the U.K. incorporate food supplements into their routines, roughly one-third attributing the pandemic as the primary motivation. Vitamin D emerged as the most popular dietary addition among the newcomers to supplement use, accounting for 63% of new users, closely followed by vitamin C at 39%.
Horizon Databook provides a detailed overview of country-level data and insights on the UK vitamin supplements market , including forecasts for subscribers. This country databook contains high-level insights into UK vitamin supplements market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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