
Region:Europe
Author(s):Paribhasha Tiwari
Product Code:KROD9109
November 2024
87

By Product Type: The Europe dietary supplements market is segmented by product type into vitamins, minerals, botanicals, amino acids, and probiotics. Recently, vitamins have a dominant market share in Europe under the product type segmentation, largely due to the increasing demand for immune-boosting products, particularly in the aftermath of global health crises. Vitamins, especially vitamin D and vitamin C, are seeing rising demand as consumers are becoming more health-conscious and focused on preventive care. Pharmaceutical companies and nutraceutical brands in Europe are heavily investing in vitamin-based supplements, solidifying this segments dominance.

By Distribution Channel: The Europe dietary supplements market is segmented by distribution channel into pharmacies and drug stores, supermarkets and hypermarkets, e-commerce, and specialty stores. E-commerce is currently dominating this segment due to the rise of online shopping, with consumers opting for the convenience of home delivery and the wide range of dietary supplements available online. Furthermore, platforms like Amazon, and specialized supplement retailers, offer exclusive products that may not be available in physical stores. The COVID-19 pandemic has accelerated the shift to online purchasing, making e-commerce a clear leader.

The Europe dietary supplements market is dominated by key players that are consolidating their presence through mergers, acquisitions, and innovative product launches. Major players like Bayer AG and Abbott Laboratories are focusing on expanding their product portfolios to cater to the increasing demand for vitamins and minerals. Furthermore, companies are investing in research and development to innovate personalized supplements that cater to specific health needs.
|
Company Name |
Established |
Headquarters |
Revenue |
Product Range |
Market Presence |
R&D Investments |
M&A Activity |
Sustainability Initiatives |
|
Bayer AG |
1863 |
Leverkusen, Germany |
- | - | - | - | - | - |
|
Abbott Laboratories |
1888 |
Chicago, USA |
- | - | - | - | - | - |
|
GlaxoSmithKline |
2000 |
Brentford, UK |
- | - | - | - | - | - |
|
Pfizer Inc. |
1849 |
New York, USA |
- | - | - | - | - | - |
|
Herbalife Nutrition |
1980 |
Los Angeles, USA |
- | - | - | - | - | - |
Over the next five years, the Europe dietary supplements market is expected to see strong growth driven by the increasing prevalence of chronic diseases, the aging population, and heightened consumer interest in preventive healthcare. The demand for personalized nutrition solutions and plant-based supplements is projected to rise, as consumers become more discerning about the ingredients in their supplements. Companies in the market are likely to invest in innovation and sustainability initiatives, particularly in the development of eco-friendly packaging and natural supplement formulations.
|
By Product Type |
Vitamins Minerals Botanicals Amino Acids Probiotics |
|
By Application |
General Health Sports Nutrition Digestive Health Weight Management |
|
By Distribution Channel |
Pharmacies Supermarkets E-commerce Specialty Stores |
|
By Form |
Tablets Capsules Softgels Powders Liquids |
|
By Region |
West East North South |
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview
2.1. Historical Market Size
2.2. Year-on-Year Growth Analysis
2.3. Key Market Developments and Milestones
3.1. Growth Drivers
3.1.1. Increased Consumer Health Awareness
3.1.2. Growing Geriatric Population
3.1.3. Rise in Sports Nutrition and Fitness Enthusiasts
3.1.4. Growing Prevalence of Chronic Diseases
3.2. Market Challenges
3.2.1. Regulatory Hurdles (European Food Safety Authority)
3.2.2. Fragmented Market with Diverse Product Offerings
3.2.3. High Competition from Pharmaceuticals
3.3. Opportunities
3.3.1. Innovations in Nutraceuticals (Probiotics, Prebiotics, Botanicals)
3.3.2. Rising Popularity of Plant-based Supplements
3.3.3. Expansion into Emerging European Markets
3.4. Trends
3.4.1. Personalized Nutrition Solutions
3.4.2. E-commerce Driving Direct-to-Consumer Sales
3.4.3. Increased Focus on Organic and Clean Label Supplements
3.5. Government Regulations
3.5.1. European Union Nutritional Labeling Standards
3.5.2. GMP Compliance for Supplement Manufacturers
3.5.3. Import Regulations for Dietary Supplements
3.6. SWOT Analysis
3.7. Stakeholder Ecosystem
3.8. Porters Five Forces
3.9. Competition Ecosystem
4.1. By Product Type (In Value %)
4.1.1. Vitamins
4.1.2. Minerals
4.1.3. Botanicals
4.1.4. Amino Acids
4.1.5. Probiotics
4.2. By Application (In Value %)
4.2.1. General Health
4.2.2. Sports Nutrition
4.2.3. Digestive Health
4.2.4. Weight Management
4.3. By Distribution Channel (In Value %)
4.3.1. Pharmacies and Drug Stores
4.3.2. Supermarkets and Hypermarkets
4.3.3. E-commerce
4.3.4. Specialty Stores
4.4. By Form (In Value %)
4.4.1. Tablets
4.4.2. Capsules
4.4.3. Softgels
4.4.4. Powders
4.4.5. Liquids
4.5. By Region (In Value %)
4.5.1. Western Europe
4.5.2. Eastern Europe
4.5.3. Northern Europe
4.5.4. Southern Europe
5.1. Detailed Profiles of Major Companies
5.1.1. Bayer AG
5.1.2. Abbott Laboratories
5.1.3. GlaxoSmithKline
5.1.4. Pfizer Inc.
5.1.5. Herbalife Nutrition
5.1.6. Nestle Health Science
5.1.7. Amway
5.1.8. Natures Bounty
5.1.9. Danone
5.1.10. Lonza Group
5.1.11. Unilever
5.1.12. Reckitt Benckiser
5.1.13. Blackmores
5.1.14. Sanofi
5.1.15. Swisse Wellness
5.2. Cross Comparison Parameters (No. of Employees, Headquarters, Inception Year, Revenue, Product Portfolio Diversity, Key Markets, Innovation Capability, Market Share)
5.3. Market Share Analysis
5.4. Strategic Initiatives
5.5. Mergers and Acquisitions
5.6. Investment Analysis
5.7. Government Grants and Funding
5.8. Private Equity Investments
6.1. Nutritional Labeling Requirements
6.2. Health Claims Regulations
6.3. Certification and Compliance Processes
7.1. Future Market Size Projections
7.2. Key Factors Driving Future Market Growth
8.1. By Product Type (In Value %)
8.2. By Application (In Value %)
8.3. By Distribution Channel (In Value %)
8.4. By Form (In Value %)
8.5. By Region (In Value %)
9.1. TAM/SAM/SOM Analysis
9.2. Target Market Analysis
9.3. Competitive Strategy Recommendations
9.4. White Space Opportunity Analysis
In this phase, we identified the major stakeholders and key variables within the Europe dietary supplements market. Extensive desk research was conducted using both secondary and proprietary data sources to define the critical factors influencing the market.
This step involved compiling historical data, analyzing the penetration of dietary supplements, and evaluating the ratio of product offerings to consumer demand. The accuracy of revenue estimates was ensured by assessing sales performance and market dynamics.
Market hypotheses were validated through interviews with industry experts. These interviews provided insights into operational challenges, financial trends, and upcoming product innovations within the dietary supplements market.
The final research synthesis involved direct consultations with key manufacturers in the market, verifying sales data, product segmentation, and consumer preferences. This phase ensured a comprehensive and validated analysis of the Europe dietary supplements market.
The Europe dietary supplements market is valued at USD 41 billion, driven by the increasing focus on preventive healthcare and the rise in fitness-conscious consumers.
Challenges in the Europe dietary supplements market include stringent regulatory hurdles, high competition from pharmaceutical products, and growing consumer skepticism about health claims made by supplement brands.
Key players in the Europe dietary supplements market include Bayer AG, Abbott Laboratories, GlaxoSmithKline, Pfizer Inc., and Herbalife Nutrition, known for their strong product portfolios and extensive distribution networks.
Growth in the Europe dietary supplements market is driven by rising consumer interest in health and wellness, increasing prevalence of chronic diseases, and the growing geriatric population seeking nutritional support.
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.