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What is the Expected Growth Trajectory for the Immune Health Supplements Market by 2033?

Over the past few years, there has been a significant growth in the immune health supplements market. It is predicted to increase from $61.24 billion in 2023 to $68.47 billion in 2024, at a compound annual growth rate (CAGR) of 11.8%. Factors such as heightened health awareness, occurrences of epidemics and pandemics, growing elderly population, rise in consumer knowledge, and expansion of e-commerce have contributed to this growth during the historic period.

In the coming years, the market size for immune health supplements is projected to experience swift expansion. It is forecasted to reach $110.16 billion in 2028, growing at a compound annual growth rate (CAGR) of 12.6%. This growth during the forecast period can be linked to persistent public health issues, advancements in nutraceutical research, bespoke nutrition trends, worldwide health and wellbeing trends, digital healthcare platforms, and collaborative efforts in product development. The key trends observed during this forecast period comprise advancements in delivery formats, food and drink products that enhance immunity, product innovation, and a strategic marketing focus on wellness, as well as partnerships and joint efforts in research.

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What Factors Are Leading to Growth in the immune health supplements Market?

The escalating incidence of infectious illnesses is anticipated to boost the immune health supplements market in the future. These diseases, prompted by organisms like bacteria, viruses, fungi, and parasites, could be combated by immune health supplements. These supplements aid the immune cells in functioning correctly and boosting their fighting abilities against infectious diseases. For example, the Australian Institute of Health and Welfare, a renowned Australia-based agency for health and welfare statistics and information, recorded over 4,700 hospitalizations due to COVID-19 infection in 2020–2021. The most common primary diagnosis observed along with other infectious diseases included Viral pneumonia (24% of cases), “”COVID-19 infection”” (19%), and symptoms such as coughing (9.9%), fever (6.6%), and respiratory issues (4.8%). Therefore, the rise in infectious disease incidence is expected to fuel the growth of the immune health supplements market.

Which Segments Play a Key Role in Understanding the Immune Health Supplements Market?

1) By Ingredients Type: Vitamins, Minerals, Herbal Botanical Extracts, Probiotics, Amino Acids, Omega 3 – Fatty Acids

2) By Form: Soft Gels Or Capsules, Tablets, Powder, Liquid, Other Forms

3) By Source Type: Plant-Based, Animal-Based

4) By Distribution Channel: Pharmacies and Drug Stores, Hypermarket or Supermarket, Online Stores, Specialty Stores, Other Distribution Channels

What Trends Are Emerging as Game-Changers in the Immune Health Supplements Market?

The trend of inventing and creating new immunity-boosting supplements is becoming increasingly popular in the immune health supplements market. To gain a competitive advantage, the majority of businesses in the immune health supplements market are focusing on innovative solutions. One such example is Solabia – Algatech Nutrition, a unique active ingredient manufacturer based in Israel. In July 2021, they launched BioGlena, a superior quality, genuine source of beta-glucan, which is derived from the microalgae Euglena gracilis. BioGlena boasts a complete protein, essential vitamins and minerals, and a minimum of 55% linear 1,3 beta glucans. Unlike other beta-glucan products, BioGlena is not produced through a complex solvent-based extraction process, signifying its pure and natural quality.

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North America was the largest region in the immune health supplements market share in 2023. The regions covered in the immune health supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Immune Health Supplements Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the immune health supplements market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Immune Health Supplements Market Include

1. Immune Health Supplements Market Executive Summary

2. Immune Health Supplements Market Segments

3. Immune Health Supplements Market Size And Template Market Growth Rate

4. Key Immune Health Supplements Market Trends

5. Major Immune Health Supplements Market Drivers

……

25. Key Mergers And Acquisitions In The Immune Health Supplements Market

26. Top Immune Health Supplements Companies

27. Immune Health Supplements Market Opportunities And Strategies

28. Immune Health Supplements Market, Conclusions And Recommendations

29. Appendix

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