Immune System Supplements Market SWOT Analysis by 2031
MARKET OVERVIEW
Immune system comprises of various groups of cells that perform important immunity-enhancing functions. A healthy and balanced diet is the best way to maintain a strong immunity system. Additionally, taking nutritional supplements is an easy way to ensure that all nutritional needs are met. It also helps to improve appetite and food intake, lower the risk of nutrient deficiencies, maintain healthy lifestyle, and other health conditions. Vitamins are among the most essential nutrients that are required by the body to strengthen the immune system like vitamin D, a fat-soluble nutrient that is essential for proper functioning of the immune system and health. Vitamin C supports various immune cells functioning and enhances their ability to protect against infections.
MARKET SCOPE
The "Global Immune System Supplements Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the immune system supplements market with detailed market segmentation by product, end user, and geography. The report provides key statistics on the market status of the leading immune system supplements market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global immune system supplements market is segmented into soft gels/pills, powder, and liquid.
- On the basis of end-users, the market is bifurcated into online sales, and offline sales.
MARKET DYNAMICS
Drivers
- New product launch with more health benefits is expected to drive the immune system supplements market.
- Growing incidences of infectious and chronic diseases and other disorders coupled with rising geriatric population boosts the market growth.
- Advancement of technology and growing need for maintaining and increasing immunity power fuel the market growth.
- Increasing government initiatives and funding for immune system supplement favor the market growth.
Restraints
- Side effects and high cost associated with immune system supplement.
- Lack of awareness for nutritional diet among low- and middle-income countries.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The immune system supplements market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the immune system supplements market in these regions.
IMPACT OF COVID-19 ON IMMUNE SYSTEM SUPPLEMENTS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Firstly, the COVID-19 had a negative impact on the immune system supplements market. However, to boost immunity during this pandemic, customers are looking for immunity booster products and supplements including vitamins, minerals etc. Although, the manufacturers are facing challenges regarding supply chain network for proper product distribution. Since the diseases has spread globally, the demand is high as there is increase in the number of patients suffering from COVID-19 and other life threatening disorders and the demand is estimated to grow at a steady pace during the forecast period.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The immune system supplements market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the immune system supplements market in these regions.
IMPACT OF COVID-19 ON IMMUNE SYSTEM SUPPLEMENTS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Firstly, the COVID-19 had a negative impact on the immune system supplements market. However, to boost immunity during this pandemic, customers are looking for immunity booster products and supplements including vitamins, minerals etc. Although, the manufacturers are facing challenges regarding supply chain network for proper product distribution. Since the diseases has spread globally, the demand is high as there is increase in the number of patients suffering from COVID-19 and other life threatening disorders and the demand is estimated to grow at a steady pace during the forecast period.
MARKET PLAYERS
The report covers key developments in the immune system supplements market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from immune system supplements market are anticipated to have lucrative growth opportunities in the future with the rising demand for immune system supplements in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the immune system supplements market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amway
- Bayer AG
- Glanbia
- Nature's Bounty
- Banyan Botanicals
- INFINITUS
- Herbalife Nutrition Ltd.
- Quantum Health, Inc.
- Vitabiotics Ltd.
- Swisse
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Immune System Supplements Market - By Type
1.3.2 Immune System Supplements Market - By End- user
1.3.3 Immune System Supplements Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. IMMUNE SYSTEM SUPPLEMENTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. IMMUNE SYSTEM SUPPLEMENTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. IMMUNE SYSTEM SUPPLEMENTS MARKET - GLOBAL MARKET ANALYSIS
6.1. IMMUNE SYSTEM SUPPLEMENTS - GLOBAL MARKET OVERVIEW
6.2. IMMUNE SYSTEM SUPPLEMENTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. IMMUNE SYSTEM SUPPLEMENTS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SOFT GELS/PILLS
7.3.1. Overview
7.3.2. Soft Gels/Pills Market Forecast and Analysis
7.4. POWDER
7.4.1. Overview
7.4.2. Powder Market Forecast and Analysis
7.5. LIQUID
7.5.1. Overview
7.5.2. Liquid Market Forecast and Analysis
8. IMMUNE SYSTEM SUPPLEMENTS MARKET - REVENUE AND FORECASTS TO 2028 - END- USER
8.1. OVERVIEW
8.2. END- USER MARKET FORECASTS AND ANALYSIS
8.3. ONLINE SALES
8.3.1. Overview
8.3.2. Online sales Market Forecast and Analysis
8.4. OFFLINE SALES
8.4.1. Overview
8.4.2. Offline sales Market Forecast and Analysis
9. IMMUNE SYSTEM SUPPLEMENTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Immune System Supplements Market Overview
9.1.2 North America Immune System Supplements Market Forecasts and Analysis
9.1.3 North America Immune System Supplements Market Forecasts and Analysis - By Type
9.1.4 North America Immune System Supplements Market Forecasts and Analysis - By End- user
9.1.5 North America Immune System Supplements Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Immune System Supplements Market
9.1.5.1.1 Canada Immune System Supplements Market by Type
9.1.5.1.2 Canada Immune System Supplements Market by End- user
9.1.5.2 Mexico Immune System Supplements Market
9.1.5.2.1 Mexico Immune System Supplements Market by Type
9.1.5.2.2 Mexico Immune System Supplements Market by End- user
9.1.5.3 US Immune System Supplements Market
9.1.5.3.1 US Immune System Supplements Market by Type
9.1.5.3.2 US Immune System Supplements Market by End- user
9.2. EUROPE
9.2.1 Europe Immune System Supplements Market Overview
9.2.2 Europe Immune System Supplements Market Forecasts and Analysis
9.2.3 Europe Immune System Supplements Market Forecasts and Analysis - By Type
9.2.4 Europe Immune System Supplements Market Forecasts and Analysis - By End- user
9.2.5 Europe Immune System Supplements Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Immune System Supplements Market
9.2.5.1.1 Germany Immune System Supplements Market by Type
9.2.5.1.2 Germany Immune System Supplements Market by End- user
9.2.5.2 France Immune System Supplements Market
9.2.5.2.1 France Immune System Supplements Market by Type
9.2.5.2.2 France Immune System Supplements Market by End- user
9.2.5.3 Italy Immune System Supplements Market
9.2.5.3.1 Italy Immune System Supplements Market by Type
9.2.5.3.2 Italy Immune System Supplements Market by End- user
9.2.5.4 Spain Immune System Supplements Market
9.2.5.4.1 Spain Immune System Supplements Market by Type
9.2.5.4.2 Spain Immune System Supplements Market by End- user
9.2.5.5 United Kingdom Immune System Supplements Market
9.2.5.5.1 United Kingdom Immune System Supplements Market by Type
9.2.5.5.2 United Kingdom Immune System Supplements Market by End- user
9.2.5.6 Rest of Europe Immune System Supplements Market
9.2.5.6.1 Rest of Europe Immune System Supplements Market by Type
9.2.5.6.2 Rest of Europe Immune System Supplements Market by End- user
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Immune System Supplements Market Overview
9.3.2 Asia-Pacific Immune System Supplements Market Forecasts and Analysis
9.3.3 Asia-Pacific Immune System Supplements Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Immune System Supplements Market Forecasts and Analysis - By End- user
9.3.5 Asia-Pacific Immune System Supplements Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Immune System Supplements Market
9.3.5.1.1 Australia Immune System Supplements Market by Type
9.3.5.1.2 Australia Immune System Supplements Market by End- user
9.3.5.2 China Immune System Supplements Market
9.3.5.2.1 China Immune System Supplements Market by Type
9.3.5.2.2 China Immune System Supplements Market by End- user
9.3.5.3 India Immune System Supplements Market
9.3.5.3.1 India Immune System Supplements Market by Type
9.3.5.3.2 India Immune System Supplements Market by End- user
9.3.5.4 Japan Immune System Supplements Market
9.3.5.4.1 Japan Immune System Supplements Market by Type
9.3.5.4.2 Japan Immune System Supplements Market by End- user
9.3.5.5 South Korea Immune System Supplements Market
9.3.5.5.1 South Korea Immune System Supplements Market by Type
9.3.5.5.2 South Korea Immune System Supplements Market by End- user
9.3.5.6 Rest of Asia-Pacific Immune System Supplements Market
9.3.5.6.1 Rest of Asia-Pacific Immune System Supplements Market by Type
9.3.5.6.2 Rest of Asia-Pacific Immune System Supplements Market by End- user
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Immune System Supplements Market Overview
9.4.2 Middle East and Africa Immune System Supplements Market Forecasts and Analysis
9.4.3 Middle East and Africa Immune System Supplements Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Immune System Supplements Market Forecasts and Analysis - By End- user
9.4.5 Middle East and Africa Immune System Supplements Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Immune System Supplements Market
9.4.5.1.1 South Africa Immune System Supplements Market by Type
9.4.5.1.2 South Africa Immune System Supplements Market by End- user
9.4.5.2 Saudi Arabia Immune System Supplements Market
9.4.5.2.1 Saudi Arabia Immune System Supplements Market by Type
9.4.5.2.2 Saudi Arabia Immune System Supplements Market by End- user
9.4.5.3 U.A.E Immune System Supplements Market
9.4.5.3.1 U.A.E Immune System Supplements Market by Type
9.4.5.3.2 U.A.E Immune System Supplements Market by End- user
9.4.5.4 Rest of Middle East and Africa Immune System Supplements Market
9.4.5.4.1 Rest of Middle East and Africa Immune System Supplements Market by Type
9.4.5.4.2 Rest of Middle East and Africa Immune System Supplements Market by End- user
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Immune System Supplements Market Overview
9.5.2 South and Central America Immune System Supplements Market Forecasts and Analysis
9.5.3 South and Central America Immune System Supplements Market Forecasts and Analysis - By Type
9.5.4 South and Central America Immune System Supplements Market Forecasts and Analysis - By End- user
9.5.5 South and Central America Immune System Supplements Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Immune System Supplements Market
9.5.5.1.1 Brazil Immune System Supplements Market by Type
9.5.5.1.2 Brazil Immune System Supplements Market by End- user
9.5.5.2 Argentina Immune System Supplements Market
9.5.5.2.1 Argentina Immune System Supplements Market by Type
9.5.5.2.2 Argentina Immune System Supplements Market by End- user
9.5.5.3 Rest of South and Central America Immune System Supplements Market
9.5.5.3.1 Rest of South and Central America Immune System Supplements Market by Type
9.5.5.3.2 Rest of South and Central America Immune System Supplements Market by End- user
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. IMMUNE SYSTEM SUPPLEMENTS MARKET, KEY COMPANY PROFILES
11.1. AMWAY
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BAYER AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GLANBIA
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. NATURE'S BOUNTY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. BANYAN BOTANICALS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INFINITUS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HERBALIFE NUTRITION LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. QUANTUM HEALTH, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VITABIOTICS LTD
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SWISSE
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1. Amway
2. Bayer AG
3. Glanbia
4. Nature's Bounty
5. Banyan Botanicals
6. INFINITUS
7. Herbalife Nutrition Ltd.
8. Quantum Health, Inc.
9. Vitabiotics Ltd
10. Swisse
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
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- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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