The cold and flu supplements market is anticipated to grow at a CAGR of 7.4% during the forecast period. The major factor driving the growth of the market include the increasing purchasing power of the middle-class population across the globe. Moreover, the popularity of various immunity-boosting supplements is rising significantly through online channels and e-commerce sites, which is backed by the growing usage of smartphones across the globe. In addition to this, the expansion of internet connectivity is also driving the supplement manufacturers and retailers to take their business to various online platforms. This is expected to significantly increase the consumer base for the manufacturers, in turn, driving the growth of the cold and flu supplements market during the forecast period.
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Furthermore, the increasing penetration of varioCold and Flu Supplements for immunity-boosting in the developing economies owing to the recent increase in urbanization will also drive the market shares. However, in 2010, the Federal Government’s Centers for Disease Control and Prevention has started annual flu vaccination for all people aged 6 months and older, which will hamper the adoption of cold and flu supplements in the region.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Cold and Flu Supplements Market Report Segment
By Product Type
- Natural Molecules
- Herbal Extracts
- Vitamins & Minerals
Global Cold and Flu Supplements Market Regional
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cold and flu supplements market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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