Cold And Flu Supplements Market Size, Share, Trends, Growth and Forecast 2032

Cold And Flu Supplements Market Insights

According to the report published by Zion Market Research, the global Cold And Flu Supplements Market size was valued at USD 16.87 Billion in 2023 and is predicted to reach USD 42.11 Billion by the end of 2032. The market is expected to grow with a CAGR of 10.7% during the forecast period. The report analyzes the global Cold And Flu Supplements Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Cold And Flu Supplements industry.

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Global Cold And Flu Supplements Market: Overview

Cold and flu supplements are safe and effective drugs that are available at local stores and pharmacies as over-the-counter medicines and also they do not need any doctor's prescription. These supplements are widely used for common cold ailments. The supplements contain cough suppressants, antihistamines, pain relievers, decongestants, and many others.

Global Cold And Flu Supplements Market: Growth Factors

One of the major factors driving the growth of the global cold and flu supplements market is the growing knowledge about the medicinal properties of available natural ingredients beneficial in cold and flu among consumers. The transforming lifestyle along with easy access to supplements via online and offline distribution channels have significantly boosted the growth of the global cold and flu supplements market. Moreover, the growing purchasing power of people all across the globe is projected to increase the spending on different immune health-boosting products like cold and flu supplements.

Growing incidences of flu all across the globe have significantly boosted the demand for such supplements all across the globe to boost immunity and prevent such diseases. Such supplements are widely consumed to boost the immune system of the human. Also, there is a growing awareness among the people regarding the advantages of consuming such supplements. The natural and immunity-boosting products are likely to boost the growth of the global cold and flu supplements market significantly during the forecast period as people these days are more inclined towards organic and herbal supplements. These supplements are available in the market in various forms including capsules and tablets.

The outbreak of coronavirus has significantly boosted the demand for cold and flu preventive supplements like minerals and vitamins all across the globe. However, there is vigorous growth in demand for vitamin C. The growing support from the government to provide free flu immunization is also propelling the growth of the global cold and flu supplements market. Moreover, the growing aging population all across the globe is likely to positively shape the trajectory of the global cold and flu supplements market during the forecast period.

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Global Cold And Flu Supplements Market: Segmentation

The global cold and flu supplements market can be segmented into product and region.

By product, the market can be segmented into vitamins & minerals, herbal extracts, and natural molecules. Vitamin & mineral segment accounts for the largest share in the global cold and flu supplements market due to its growing demand. Zinc and vitamin C are the widely utilized supplements in the segment. The herbal extracts segment is anticipated to witness huge growth during the forecast period due to the growing inclination of people towards herbal products and supplements. Such supplements assist in boosting immunity and effectively fighting the virus. Ginger is a widely utilized herbal extract that is used for the treatment of sore throat owing to the presence of the bioactive compound in it that possesses anti-inflammatory properties. However, garlic herbal extracts help in lowering the duration of the illness.

Cold And Flu Supplements Market: Report Scope

Global Cold And Flu Supplements Market: Regional analysis

Asia Pacific holds the largest share in the global cold and flu supplements market due to the growing disposable income of the people in the region. The growing population of the middle-class group in growing economies like India and China has significantly boosted the demand for cold and flu supplements in the regional market. Moreover, the growing consciousness among consumers regarding their health is also propelling the demand for such supplements in the global market.

Europe is expected to witness huge growth during the forecast period due to the fast adoption of these natural supplements in the region. Moreover, the growing purchasing power of the people along with the growing concern among consumers regarding their health further boosts the growth of the regional market.

Global Cold And Flu Supplements Market: Competitive Players

Some of the significant players in the global cold and flu supplements market are:

• NOW Foods
• GlaxoSmithKline plc
• Pfizer Inc.
• Flora Inc.
• FineVine
• Nature's Way Products, LLC
• Himalaya Global Holdings Ltd.
• Nordic Naturals
• KLAIRE LABS
• The Vitamin Shoppe
• Neurobiologix, Inc.
• WAKUNAGA OF AMERICA CO., LTD.

The Global Cold And Flu Supplements Market is segmented as follows:
 
By Product 

• vitamins & minerals
• herbal extracts
• natural molecules

Global Cold And Flu Supplements Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.