According to the latest report by IMARC Group, titled “Immunity Boosting Products Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global immunity boosting food products market size reached US$ 25.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 40.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8% during 2023-2028.
Immunity boosting products refer to a range of health consumables that are utilized to enhance immunity. Some of the common product variants include probiotics, dietary supplements, prebiotics, and food and beverage products. These goods are a rich source of several micro and macronutrients, fibers, minerals, enzymes, amino acids, and vitamins. Immunity boosting products possess immune-modulatory properties, offer non-specific immune responses, and aid in minimizing nutritional deficiencies in the body. Apart from this, they are considered an essential component of preventative healthcare as their consumption assists the body in fighting numerous infections and viruses.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Immunity Boosting Products Market Trends:
The increasing consciousness regarding personal health and fitness, along with the rising prevalence of chronic diseases due to hectic and sedentary lifestyles, is primarily driving the immunity boosting products market growth. In line with this, the outbreak of the coronavirus disease (COVID-19) has led to a significant increase in the demand for supplements and other immunity boosting products to improve the individual response against virus, which is supporting the market growth. Moreover, increasing healthcare expenditure and the introduction of organic and non-genetically modified organisms (GMO) health consumables in flavor infused gummies, pill, and soft gels form are acting as other growth-inducing factors.
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Global Immunity Boosting Products Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Associated British Foods Plc, Danone S.A., Diamond Foods (Snyder’s-Lance Inc.), Dole Food Company, Fonterra group Cooperative Limited, Hines Nut Company, Nestle S.A., Olam International and Pinnacle Foods (Conagra Brands Inc.).
The report has segmented the market on the basis on region, type and distribution channel.
Breakup by Type:
- Supplements
- Beverages
- Food
- Nuts and Seeds
- Fruits and Vegetables
- Dairy-based Products
- Probiotics and Prebiotics
- Others
Breakup by Distribution Channel:
- Convenience Stores
- Medical Stores
- Supermarkets and Hypermarkets
- Online Stores
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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