The Global Immune Health Supplements Market is estimated to Be Valued at US$ 14,913.8 Million in 2020 and Is Expected to Exhibit a CAGR Of 6.1% During the Forecast Period (2020-2027)

Countries like India, Pakistan, Brazil, Mexico, and Indonesia are seeing major increases in their annual consumption of immune health supplements. It is also common to find these products available at local pharmacies and even at many of the supermarket chains in developed nations like the U.S., U.K., and Australia.

Market Dynamics
The immune health supplements market is growing faster than any other sector in pharmaceuticals. This is largely attributed to the emergence of Covid-19. For instance, globally, as of 9:39am CET, 22 December 2020, there have been 76,023,488 confirmed cases of COVID-19, including 1,694,128 deaths, reported to the World Health Organization.

Increasing prevalence of cancer is also expected to aid in growth of the immune health supplements market. For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the U.S.

Buy this Report Now @ https://www.coherentmarketinsights.com/insight/buy-now/4065

Among regions, North America is expected to witness significant growth in the immune health supplements market, owing to increasing sales of cold, flu and immunity supplements. For instance, according to The Nutrition Business Journal, sales of cold, flu and immunity supplements will reach $5.2 billion in 2020, with growth of 51.2% over 2019. Nearly 10% of all U.S. supplement sales in 2020 will be for immune support, emphasizing Americans' interest and confidence in supplements to support their immune health needs.

Increasing awareness regarding flu is expected to offer lucrative growth opportunities for players in the immune health supplements market. For instance, in September 2019, the Wisconsin Department of Health Services (DHS) announced a new community outreach and education funding opportunity for community organizations in order to increase awareness about the flu and the number of Wisconsinites getting flu vaccines.

Competitive Analysis

Key players operating in the immune health supplements market include, EuroPharma, Inc., Glanbia, Plc., Healthycell, Nature's Bounty, Bio Tech Pharmacal, Cellderm Technologies Inc., Bayer AG, Vital Nutrients, NutriGold Inc., Daflorn Ltd., BioGaia, and Seroyal.

Talk to Analyst @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/4065

Key players operating in the immune health supplements market are focused on launching new products to enhance their market share. For instance, in December 2020, Healthycell launched IMMUNE SUPER BOOST, a new addition to its line of category-leading pill-free supplements, designed to support a strong and resilient immune system. Similarly, in December 2020, Nature's Bounty launched Immune 24 Hour, a supplement that contains the Vitamin C.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave.
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

Contacts
Mr. Shah
Senior Client Partner – Business Development
Coherent Market Insights
Phone:
US: +1-206-701-6702
UK: +44-020-8133-4027
Japan: +81-050-5539-1737
India: +91-848-285-0837
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.

This release was published on openPR.