Rising awareness about maintaining a healthy lifestyle and growing consciousness towards consuming immunity boosting products to drive global immunity boosting products market through 2025
According to TechSci Research report, “Global Immunity Boosting Products Market By Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2025”,theglobal immunity boosting products market is projected to grow at a steady pace and reach $ 17 billion by 2025, on the back of increasing personal disposable income, rising urbanization, coupled by increasing consumer awareness about immunity boosting based products. Moreover, growing consumer demand for immunity boosting products due to rising number of COVID-19 cases across the globe has also been boosting immunity boosting products market. Additionally, increasing demand for beverages such as probiotic drinks, juices, coffee, and growing online sales are some other factors that are anticipated to contribute to the growth of immunity boosting products market during the forecast period.
Browse 87 market data Figures spread through115 Pages and an in-depth TOC on“Global Immunity Boosting Products Market”
In terms of distribution channel, the immunity boosting products market is categorized into supermarket/hypermarkets, convenience stores, medical stores and online. In 2019, convenience stores accounted for the largest share in the global immunity boosting products market, followed by medical stores, supermarket/hypermarkets and online segments. Online channel will witness a healthy growth owing to growing sales of immunity boosting products from ecommerce websites after the rising number of COVID-19 cases, globally.
In terms of region, the global immunity boosting products market is categorized into North America, Asia-Pacific, Europe, Middle East & Asia and South America. The market for immunity boosting products in North America was the largest regional market in 2019, on account of a large customer base who prefer immunity boosting packaged products in the region and also presence of major manufacturers, who are producing immunity boosting products in North American countries such as United States and Canada. US immunity boosting products market accounted for more than one-fourth of the global immunity boosting products market in 2019. The growth in US immunity boosting products market is majorly due to the wide consumption of various types of immunity boosting supplements such as powder/ liquid mixes, tablets, and beverages and the presence of major industry players in the country.
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“Global immunity boosting products market is anticipated to register a healthy growth during forecast period. The growth in the market is anticipated on account of growing consciousness about health & wellbeing and rising consumption of healthy products such as immunity boosting products on a regular basis across the globe. Moreover, the latest trend which the global immunity boosting products market is experiencing is rising consumer demand for ready to drink beverages due to enhanced convenience they offer compared to supplements such as power/liquid mixes.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Immunity Boosting Products Market By Type, By Distribution Channel, By Region, By Company, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global immunity boosting products market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global immunity boosting products market.
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