MARKET OVERVIEW
1.1 Definition and scope of the study
Dietary supplements are foodstuffs that provide an additional benefit to the body in the form of a concentrated source of nutrients They are marketed in dose form to supplement the diet. They can contain various ingredients (vitamins, minerals, plants and herbs) and be marketed in different formats (capsules, tablets, powder), to meet a wide range of needs and fulfil a variety of purposes: fight against stress, fatigue, digestive disorders, slimming, skin beauty, hair beauty and sports performance.
However, they are neither food nor drugs, not being able to claim a therapeutic action but being recommended, especially by health professionals. The uncertainties surrounding food supplements are further reinforced by the warnings regularly issued by scientific committees on certain components of supplements. This is why we have to take into account the fact that some people question the benefits of these drugs and even denounce cases of side effects.
The global market is expected to grow by 8.2% per annum between 2020 and 2027 thanks to people's awareness of the importance of their health and the acceleration of life rhythms, which are driving the demand for effective and vitalizing products. The sector is largely dominated by the United States.
In France, the market is also experiencing strong growth increasing by 43.8% between 2013 and 2019 . On the production side there are many specialized or multi-purpose players, such as Arkopharma or Juvamine. On the distribution side, sales are divided between pharmacies, parapharmacies, supermarkets and direct or online sales.
Like the wider food industry, dietary supplements are now affected by the natural and customisation trends. This leaves the door open for new small players to enter this renewing market. In a developing market, players are looking to diversify their offer and capture the most promising segments. This study deals with food supplements as a whole, a specific study exists however on food supplements for sports purposes.
ANALYSIS OF THE DEMAND
MARKET STRUCTURE
ANALYSIS OF THE OFFER
REGULATION
POSITIONING OF THE ACTORS
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Reviews (2)
The food supplements market - France
Publicado en 16/08/2022 by A Marin - LPB Inc
very clear
The food supplements market - France
Publicado en 18/11/2021 by Kevin Gressus
Very good, clear and detailed report. It helped me a lot in my market research
Businesscoot Response:
Hi Kevin, Thank you for your feedback. We are happy to read that the content and structure of the study has completely met your expectations. :)