Germany Nutritional Supplements Market

Increasing demand for nutraceutical ingredients is aiding in growth of the nutritional supplements market in Germany. Germany is one of the major contributors in the Europe nutritional supplements market growth. Rising awareness among the populace regarding once aesthetics and higher disposable income in the region are factors expected to aid in growth of the market. For instance, according to Organization for Economic Co-operation and Development (OECD), the average household net-adjusted disposable income per capita in Germany is US$ 34,297 per year. Online channels offers customers opportunity to order anything at the customer’s doorstep. Consumers have the option of comparing prices of different products on different websites and can choose from the various available options. Therefore, these benefits is expected to make positive impact on market during the forecast period for this segment.

Market Dynamics

Increasing awareness about health benefits of nutritional supplements is expected to drive the market growth over the forecasted period. Nutritional supplements are used in order to treat nutritional deficiency in human body. Nutritional supplements consist of vitamins, minerals, proteins, and other necessary ingredients, which increases aesthetics. Health benefits associated with consumption of nutritional supplements are reduction in signs of aging and improving cardio & heart health, among others. More women are focused on healthy skin, hair, nails, and others. Therefore, rising need to prevent premature skin aging and preference for effective and safe beauty solutions are driving growth of the nutritional supplements market. According to a 2017 consumer study by the supplement trade group the Council for Responsible Nutrition, 31% of female respondents of age 18 to 34 were cited taking supplements for skin, hair, and nails in 2017.

Key features of the study:

• This report provides in-depth analysis of the Germany Nutritional Supplements market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021 – 2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
• It profiles leading players in the Germany Nutritional Supplements market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Queisser Pharma GmbH & Company KG, Nutraceuticals Group, Dr. B. Scheffler nachfolger gmbh & co. Kg, ZeinPharma Germany GmbH, Pamex Pharmaceuticals GmbH, Ayanda GmbH, Sabinsa Europe GmbH, Denk Pharma GmbH & Co. KG, and Pascoe Naturmedizin.
• Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
• The Germany Nutritional Supplements market report caters to various stakeholders in this industry including investors, suppliers, bitumen manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analysing the Germany Nutritional Supplements market

Detailed Segmentation:

• Germany Nutritional Supplements Market, By Ingredient:
  • Vitamin
  • Protein
  • Fatty Acids
  • Botanical
  • Minerals
  • Others
• Germany Nutritional Supplements Market, By Form:
  • Capsule
  • Powder
  • Tablet
  • Liquid
  • Others
• Germany Nutritional Supplements Market, By Product Type:
  • Dietary Supplements
  • Sports Supplements
  • Beauty Supplements
  • Others
• Germany Nutritional Supplements Market, By Distribution Channel:
  • Hypermarkets & Supermarkets
  • Pharmacy Stores
  • Online Stores
  • Others
• Company Profiles
  • Queisser Pharma GmbH & Company KG*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Nutraceuticals Group
  • B. Scheffler nachfolger gmbh & co. Kg
  • ZeinPharma Germany GmbH
  • Pamex Pharmaceuticals GmbH
  • Ayanda GmbH
  • Sabinsa Europe GmbH
  • Denk Pharma GmbH & Co. KG
  • Pascoe Naturmedizin

“*” marked represents similar segmentation in other categories in the respective.