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According to IMARC Group latest report titled“ Cold and Flu Supplements Market:
Global industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032 ”, offers a comprehensive analysis of the industry, which comprises insights on cold and flu supplements market growth . The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global cold and flu supplements market size reached US$ 17.6 Billion in 2023 . Looking forward, IMARC Group expects the market to reach US$ 26.7 Billion by 2032 , exhibiting a growth rate (CAGR) of 4.72% during 2024-2032.
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Cold and flu supplements refer to dietary products and nutritional aids that are commonly used to support the immune system and alleviate symptoms associated with the common cold and influenza, often referred to as the flu. These supplements typically contain a variety of vitamins, minerals, herbs, and other natural ingredients that are believed to boost immune function and provide relief from cold and flu symptoms. Vitamin C is believed to help the body fight off infections and reduce the duration and severity of cold and flu symptoms. Another common ingredient is zinc, which plays a vital role in immune function and can aid in reducing the duration of cold symptoms. Additionally, herbal extracts like echinacea and elderberry are often included in these supplements. Echinacea is believed to stimulate the immune system, while elderberry has anti-inflammatory and antioxidant properties that may help ease cold and flu symptoms.
Market Trends:
The seasonal nature of cold and flu outbreaks is driving the global market. Cold and flu supplements witness a rise in demand during the fall and winter months when these illnesses are most prevalent. Consumers turn to these supplements to propel their immune systems and alleviate symptoms, contributing to the market's growth during these seasons. Moreover, consumer awareness and health-consciousness are also driving forces. With increasing health awareness, individuals are proactively seeking ways to prevent and manage cold and flu symptoms. This trend has led to a growing interest in preventive measures, including the consumption of supplements rich in vitamins, minerals, and herbal extracts known for their immune-boosting properties. Furthermore, the global pandemic has heightened awareness about the importance of a robust immune system. Consumers are now more inclined to invest in supplements that support overall health, including immune function.
Competitive Landscape
Flora Inc., Himalaya Wellness Company, Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG), Neurobiologix Inc., Nordic Naturals Inc., The Vitamin Shoppe
Key Market Segmentation:
Our report has categorized the market based on region, product and distribution channel.
Product Insights:
Natural Molecules Herbal Extracts Vitamins and Minerals
Distribution Channel Insights:
Hospital Pharmacy Retail Pharmacy Online Pharmacy
Regional Insights:
North America (United States, Canada) Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others) Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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