Key Findings
Dietary supplements are the products useful in supplementing the nutrients. The dietary supplements products are in the form of tablets, powder, capsules, and liquid, among others. The market of dietary supplement in Europe region is expected to grow with a CAGR of 5.93% during the forecast period of 2019-2027 and will generate a revenue of $XX million by the end of the period.
Market Insights
Countries included in the Europe dietary supplement market are Germany, France, Spain, the United Kingdom, and Italy. The report also includes the rest of the Europe region, which covers other remaining European countries. Germany is witnessing the trend of increased consumption of dietary supplements among women. The female population in the country is adopting cost-effective vitamin & mineral supplements to rejuvenate their skin and cut cosmetic expenses. As a result of this, dietary supplements sales are increasing in the country, thereby boosting the market growth. In addition, the high disposable income of people enables them to spend on healthcare products, in turn, influencing the dietary supplements market growth in the region.
Competitive Insights
Reckitt Benckiser Group Plc, Otsuka Holdings Co. Ltd., Merck KGaA, Sanofi SA, and Pfizer, are some of the well-established companies offering dietary supplements in the market. The renowned players focus on corporate strategies to consolidate the market.