What is the global market size of Nutritional Immunology Market?

Nutritional Immunology Market was valued at USD 55.45 billion in 2021, and USD 56.2 Billion in 2022 and the market size is estimated to reach USD 116.80 billion by 2030, at a CAGR of 11.8% over the forecast period (2023-2030).

Nutritional Immunology Market Size, Share, Growth Analysis, By Ingredient Type(Vitamins, Minerals, Herbal Botanical Extracts, Probiotics), By Form(Soft Gels/Capsules, Tablets, Powder, Liquids), By Source Type(Plant-Based, Animal-Based), By Distribution Channel(Pharmacies, Drug Stores, Hypermarket/Supermarket, Online Stores), By Region - Industry Forecast 2024-2031

Report ID: SQSG30I2048 | Region: Global | Published Date: July, 2001
Pages: 245 | Tables: 125 | Figures: 73

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Nutritional Immunology Market was valued at USD 55.45 billion in 2019, and USD 56.2 Billion in 2019 and the market size is estimated to reach USD 116.80 billion by 2031, at a CAGR of 11.8% over the forecast period (2024-2031).

Key companies are primarily focusing on new product invention and development. For instance, in April 2019, Bayer AG developed a new approach on triple-action supplement to combat immunity issues during the Ramadan fasting period. Abbott released a new Pedialyte hydration product to enhance immunological health in December 2020. Pedialyte with Immune Support contains prebiotics, vitamin B12, vitamin C, vitamin E, and zinc, all of which have been specifically chosen for their role in immune system support. 'Bayer AG (Germany)', 'Pfizer Inc. (US)', 'Sun Pharmaceutical Industries Limited (India)', 'Swisse Wellness Pty Ltd. (Australia)', 'GlaxoSmithKline Inc. (UK)', 'Abbott Laboratories (US)', 'Amway Corp. (US)', 'The Nature's Bounty Co. (US)', 'Herbalife Nutrition of America, Inc. (US)', 'Himalaya Holdings Ltd. (India)', 'American Health (US)', 'Unilever (UK)', 'Sanofi (France)', 'Novartis (Switzerland)', 'Boehringer Ingelheim (Germany)', 'Nestlè (Switzerland)'

For manufacturers, innovation has been a consistent component of the growth of the immune supplement market, as well as possibilities and corporate expansion. New product introductions that offer a variety of health advantages are driving greater demand for new immune supplement solutions. Furthermore, factors such as an increase in the use of conventional and new substances for supplement manufacture are driving the development of new revolutionary immune boosters. The elevated risk of infectious illnesses has also sparked interest in the creation of cutting-edge and novel immune health supplements.

The increasing frequency of chronic illnesses and other problems in senior individuals is likely to boost the worldwide immune health supplement market growth. Due to the rising incidence of chronic illnesses and other ailments among the senior population, the immune health supplements market is likely to increase significantly over the forecast period. According to a World Health Organization estimate from September 2019, around 50 million people worldwide have dementia, with nearly 10 million new cases diagnosed each year. According to the same source, Alzheimer's disease is the most prevalent kind of dementia, accounting for 60-70% of all cases.

North America led the market in 2021, accounting for the largest revenue share of 37.1%. The largest customer base for immune health supplements and rising individual awareness are expected to drive regional growth in the nutritional immunology market over the forecast years. Furthermore, a rising trend in the United States population to spend in preventative supplements is likely to boost market expansion in this region.

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