Germany nutritional supplements market was valued at US$ 4.86 Billion in 2022, and is expected to exhibit a CAGR of 3.3%, over the forecast period (2023-2030) to reach US$ 6.28 Billion by 2030.
Germany Nutritional Supplements Market- Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 positively impacted the Germany nutritional supplements market growth. COVID-19 delivers an 8% sales growth injection to Germany's supplements market in the first half of the year, accelerating a long-term expansion. Rising awareness about personal health and need for boosting immunity to fight against virus is boosting demand for nutritional supplements and medicines. Thus, several players operating across food, beverages, and pharmaceutical sectors have started to use this as an advantage benefits associated with nutrients for expanding their product portfolio and global reach. Also, rising number of health check-ups and distribution of immunity-boosting medicines, owing to increasing health-related consciousness among governing authorities has boosted the nutritional supplements market.
Germany Nutritional Supplements Market: Drivers
Germany Nutritional Supplements Market: Segmentation
On the basis of form, the capsule segment dominated the Germany nutritional supplements market in 2022, accounting for around 34.6% of market share, in terms of revenue, followed by tablet. The exterior of the capsule is made from gelatin or starch that contains active ingredients. Capsules often support extended release their active ingredients slowly, which ensures slow and steady absorption of the nutrients or substances they contain.
Figure 1: Germany Nutritional Supplements Market, Revenue Share (%), By Form, 2022
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Germany Nutritional Supplements Market: Restraints
Germany Nutritional Supplements Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2022 | Market Size in 2022: | US$ 4.86 Bn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 to 2030 |
Forecast Period 2023 to 2030 CAGR: | 3.3% | 2030 Value Projection: | US$ 6.28 Bn |
Segments covered: |
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Companies covered: |
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 |
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Growth Drivers: |
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Restraints & Challenges: |
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Germany Nutritional Supplements Market: Trends
Germany Nutritional Supplements Market: Segmentation
Among the ingredient, vitamins segment dominated the Germany nutritional supplements market in 2022, accounting for 34.6% share, in terms of revenue, followed by others and proteins, respectively due to rising need for increasing vitamin intake among millennial population. This reflects the growing awareness in maintaining a balanced diet and addressing specific nutritional deficiencies. The growth of vitamins can be attributed to their essential role in supporting overall health and well-being. Vitamins and proteins highlights their significance in meeting specific dietary needs and fitness goals. The market's focus on these ingredients understanding the diverse demands and preferences of consumers regarding their nutritional supplement choices.
Figure 2: Germany Nutritional Supplements Market, Revenue Share (%), By Ingredient, 2022
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Germany Nutritional Supplements Market: Key Developments
Germany Nutritional Supplements Market: Key Companies
Key players operating in the Germany Nutritional Supplements market 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
*Definition: Nutritional supplements are products that are designed to supplement and improve nutrition. These provide important nutrients such as vitamins, minerals, and antioxidants that may be lacking in a person's daily diet. These supplements are designed to support general health and well-being, and address specific health concerns or deficiencies. These are available in different forms including pills, powders, liquids, and capsules. It is important to note that nutritional supplements should not replace a balanced diet and are not intended to treat or prevent disease.
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About Author
Sakshi Suryawanshi is a Research Consultant with 6 years of extensive experience in market research and consulting. She is proficient in market estimation, competitive analysis, and patent analysis. Sakshi excels in identifying market trends and evaluating competitive landscapes to provide actionable insights that drive strategic decision-making. Her expertise helps businesses navigate complex market dynamics and achieve their objectives effectively.
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