The food supplement market - United Kingdom

INFORMATION ON THE STUDY

Prix: 89€ HT
Last update: 15/10/2020
Language: EN
Category: Well-being, body care and dietetics
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Content of the study

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MARKET OVERVIEW

1.1 Definition and scope of the study

A dietary supplement is any foodstuff intended to supplement the diet normal and is a concentrated source of a vitamin, mineral or other substance with a nutritional or physiological effect.

Dietary supplements are situated between the food that feeds and the medicine that cures and their effects mainly refer to three areas: filling in dietary deficiencies (anemia for example), eliminating or reducing the discomforts of daily life (difficulty falling asleep for example) and preventing and maintaining good health (by reducing cholesterol for example).

There are several types of dietary supplements natural or synthetic the main ones being:

vitamins: A, B, C, D
mutlivitamin preparations
substances for nutritional purposes or physiologique : caffeine, glucosamine, omega-3, amino acids, etc
minerals: calcium, magnesium
plants or plant preparations: valerian, hawthorn, harpagophytum
ingredients of animal origin: royal jelly, propolis, fish oils
ferments and levures : probiotics, brewer's yeast

Not included are prescription drugs and preparations that are not explicitly dietary supplements.

Food supplements are marketed in the form of doses The information may be in the form of pills, tablets, capsules, liquids, tablets or powders.

The world marketplace of dietary supplements amounted to 123.28 billion the company is expected to grow at a CAGR (combined annual growth rate) of 8.2% until 2027. The global market is driven by a growing concern for people's health, further strengthened by the Covid-19 epidemic, which has led to a rebound in sales in many countries. However, the effects and implications of food supplements are regularly discussed and the regulation of food supplements is currently under debate.

At United Kingdom the dietary supplement market has been growing steadily for many years, such that the market has grown from 33% in the space of 10 years between 2009 and 2019. This growth is notably driven by the aging of the population, the growing concern of the population for their health, the development of self-medication and the particular success of natural products, especially CBD. In the short term, the coronavirus crisis has also led to a rebound in sales in stores that remained open during the containment period.