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Europe Nutrition and Supplements Market to Reach $52.9 Billion by 2025: Grand View Research, Inc

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Europe Nutrition and Supplements Market to Reach $52.9 Billion by 2025: Grand View Research, Inc

September 13
10:12 2019
Europe Nutrition and Supplements Market to Reach $52.9 Billion by 2025: Grand View Research, Inc

Grand View Research, Inc. – Market Research And Consulting
According to report published by Grand View Research, The Europe nutrition and supplements market size was valued at USD 31.7 billion in 2016 and is anticipated to register a CAGR of 5.9% over the forecast period.

The Europe Nutrition And Supplements Market is expected to reach USD 52.9 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 5.9% during the forecast period. It is primarily driven by increasing awareness about healthy lifestyle, weight management, sports nutrition, healthy eating, and wellbeing.

Growing geriatric population and surging healthcare costs in the region are among the key trends estimated to trigger market growth. Increasing health consciousness among consumers and rising willingness to spend on nutrition and dietary supplements are also projected to augur well for the growth of the market. Moreover, upswing in the number of distribution channels for nutraceuticals is poised to improve their accessibility, which will stimulate the growth of the market.

Spiraling demand for nutraceuticals from consumers and growing emphasis on food content are also anticipated to escalate the growth of the market. In terms of age group, the adult segment dominated the market in 2016 owing to presence of a large target population in the region. However, the children segment is likely to witness the fastest growth with a CAGR of 7.5% over the forecast period owing to rising number of product launches for children & infants and expanding base of children suffering from malnutrition. According to European Commission, 51 million children under 5 years of age are affected by malnutrition and it is one of the main causes of 45.0% of deaths in this age group.

Additional supplements are further segmented into dietary supplements & functional foods. Dietary supplements are expected to register a higher CAGR during the forecast period. These include vitamins, minerals, enzymes, amino acids, and others. Enzyme-based dietary supplements are estimated to experience the fastest growth with a CAGR of 10.0% over the forecast period.

Europe Nutrition and Supplements Market

Request a Sample Copy of the Europe Nutrition and Supplements Market Research Report @ https://www.grandviewresearch.com/industry-analysis/europe-nutrition-supplements-market/request/rs1

Further Key Findings From the Report Suggest:

  • Italy was the leading revenue contributor in the region in 2016 due to soaring adoption of dietary supplements, rising awareness regarding their advantages, and increasing efforts by pharmacists to promote healthy lifestyle
  • The U.K. is the fastest growing market with a CAGR of 7.1% between 2017 and 2025
  • Sports nutrition is the fastest growing segment during the forecast period, which is anticipated to post a CAGR of 7.5%
  • Some of the prominent players operating in this market are Amway; Bayer AG; Sanofi; Abbott; Nestle; Pfizer, Inc.; General Nutrition Centers, Inc.; and LivaNova PLC

Europe nutrition and supplements market share

Have Any Query? Ask Our [email protected] https://www.grandviewresearch.com/inquiry/5101/ibb

Grand View Research has segmented the Europe nutrition and supplements market on the basis of formulation, function, age group, and country:

Europe nutrition and supplements market function outlook, 2014 – 2025 (USD million)

  • Medical food
  • Sports nutrition
  • Additional supplements
    • Dietary supplements
      • Vitamin
      • Mineral
      • Enzymes
      • Amino acids
      • Others
      • Functional foods

Europe nutrition and supplements market, product type outlook, 2014 – 2025 (USD million)

  • CoQ10
  • Others

Europe nutrition and supplements market formulation outlook, 2014 – 2025 (USD million)

  • Tablets
  • Capsules
  • Liquid
  • Powder
  • Softgels
  • Others

Europe nutrition and supplements market age group outlook, 2014 – 2025 (USD million)

  • Infants
  • Children
  • Adults
    • Age group 21 – 31
    • Age group 31 – 40
    • Age group 41 – 50
    • Age group 51 – 65
  • Pregnant
  • Geriatric

Europe nutrition and supplements market, distribution channel outlook, 2014 – 2025 (USD million)

  • Brick and mortar
  • Ecommerce

Europe nutrition and supplements market, Country Outlook, 2014 – 2025 (USD million)

  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Austria
    • Denmark
    • Sweden
    • Norway

Browse Related Reports @

Mineral Supplements Market – https://www.grandviewresearch.com/industry-analysis/mineral-supplements-market

Nutritional Supplements Market – https://www.grandviewresearch.com/industry-analysis/nutritional-supplements-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: www.grandviewresearch.com/industry-analysis/europe-nutrition-supplements-market