The global immune health supplements market size was valued at USD 55.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.3% from 2021 to 2028. The key factors driving market growth include the increasing prevalence of infectious diseases, diabetes, and several other disorders due to lack of immunity. In recent years, there is a constant trend observed about the increase in supplement usage to improve the body’s immunity all over the globe.
Supplement products, such as vitamins, minerals, herbal products, and probiotics, for boosting immunity have witnessed a high demand in recent years. Population across the globe is now more conscious about their immune health and quality of life. The rising aging population and the growing awareness among adult individuals to boost the body’s immunity have increased the demand for immune health supplements that supports market growth.
Key Player Mentioned:
- Bayer AG
- Pfizer Inc.
- Sun Pharmaceutical Industries Limited
- Swisse Wellness Pty Ltd.
- GlaxoSmithKline Inc.
- Abbott Laboratories
- Amway Corp.
- The Nature’s Bounty Co.
- Herbalife Nutrition of America, Inc.
- Himalaya Global Holdings Ltd.
- American Health
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Product Segment Analysis:
- Herbal Supplements
- Probiotic Supplements
- Others
Application Segment Analysis:
- Hair growth
- Gut health
- Respiratory tract infection
- Others
Regional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and Africa
The COVID19 outbreak has had a positive impact on market growth. The regions, such as North America, Europe, and the Asia Pacific, have been highly affected due to the COVID19 pandemic. The countries, such as the U.S., U.K., India, Russia, France, having the highest number of COVID19 cases. A large population and the increasing adoption of supplements to increase the body’s immune system in these regions are anticipated to drive the market over the forecast years.
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Immune health supplements have a significant impact on enhancing the body’s immune system and aids in the protection from various infectious diseases. Several studies show that diabetes has a direct correlation with the occurrence of chronic diseases. It also increases the risk of infectious disease. Hence, there is a growing interest in the consumption of supplements among diabetic patients to improve their immune system, which can provide a significant value to combat infectious diseases.
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