Ireland Dietary Supplements Market, By Product Type (Vitamin, Combination Dietary Supplements, Protein, Herbal Supplements, Fish Oil & Omega Fatty Acid, and Others), By Form (Capsules, Tablets, Powder, Soft Gels, and Liquid), By Distribution Channel (Pharmacies and Drug Stores, Online, Supermarkets and Hypermarkets, and Others), By Application (Immunity, General Health, Energy & Weight Management,
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIreland Dietary Supplements Market, By Product Type (Vitamin, Combination Dietary Supplements, Protein, Herbal Supplements, Fish Oil & Omega Fatty Acid, and Others), By Form (Capsules, Tablets, Powder, Soft Gels, and Liquid), By Distribution Channel (Pharmacies and Drug Stores, Online, Supermarkets and Hypermarkets, and Others), By Application (Immunity, General Health, Energy & Weight Management,
The Ireland dietary supplements market is expected to grow at steady rate during the forecast period on account of growing demand for functional food because it offers health benefits, such as bone healing, cholesterol control, heart health, and other vision benefits along with the growing demand for nutrition intake as a daily routine for health benefits. The shift from pharmaceuticals towards nutraceuticals due to the growing focus on preventive healthcare is expected to rise the demand for the market.
Food supplements are utilised as an additional health promotion measure, not only to ensure adequate nutrition levels, but to enhance normal physiological function by ensuring optimal nutrition levels. Good nutrition is fundamental for good health and the relationship of diet and
According to the articles published in Irish Health Trade Association, currently, approximately 140 small and medium size Enterprises (SMEs) operate at both wholesale/manufacture and retail levels in Ireland in the natural health sector.
Growing Demand for Personalized Medicine
Rising awareness about the concept of personalized or tailor-made nutritional products and dietary supplements has ignited the interest of consumers across the country and is further responsible for boosting the growth of Ireland dietary supplements market. Moreover, technological advancements and the growing investment in the research and development of nutraceuticals and supplement products are expected to boost the growth of Ireland dietary supplements market during the forecasted period. However, people are taking health supplements for avoiding common ailments such as the common cold or intestinal issues. As a result, the demand for dietary supplements has increased for preventing diseases in during the forecasted periods.
Additionally, the major key players are producing supplement products for children, women, men, sportspersons, and athletes among others, based on their nutritional requirements, which will further drive the growth of the market. The growing number of sports complexes and gyms, the surge in customer focus on a balanced diet along with a rapid increase in the prevalence of obesity is also expected to contribute to the growth of Ireland dietary supplements market. Furthermore, the growing usage of clean-labeled, safe, and organic ingredients in the production of food nutritive additives is expected to boost the demand for dietary supplements in the coming years.
Growing Consumption of Dietary Supplements
According to the article published in ‘The Irish Examiner’, that almost half of Irish adults (48%) are taking a food supplement in which the majority (60%) used to take a supplement like Vitamin D. Multivitamins and minerals are taken by around 41% and vitamin C is taken by 34% of population. Almost half of parents in the survey (47%) reported giving supplements to their children as well
Growing Aging Population
According to the article published in ‘The Irish Times’ estimated the number of those population aged 80 and over were increased by 45 per cent over the next ten years from 130,598 (2.8 per cent of the population) in 2011 to 189,051 (3.5 per cent of the population) in 2021.
Growing Consumption for Natural and Organic Supplements
. For instance, according to the article published in ‘The Irish Times’, Consumers are more conscious of their eating habits and therefore everyone is more conscious about the presence of dietary supplements in their meal.
Growing Demand for Preventive Healthcare
The growing demand for preventive healthcare in Ireland is a major driving factor for the growth of Ireland dietary supplements market. Preventive healthcare refers to the practice of taking proactive measures to prevent illnesses and diseases, rather than just treating them after they occur. This approach has become increasingly popular in Ireland. Many people in Ireland are turning to dietary supplements to support their overall health and well-being, and to prevent health problems before they occur. As a result, the demand for dietary supplements has increased significantly in recent years. Additionally, in response to this growing demand, the dietary supplements market in Ireland has expanded to include a wide range of products, including vitamins, minerals, herbal supplements, and sports nutrition products. Consumers can choose from a variety of supplements to address their specific health concerns. As more people seek to maintain good health and prevent illness, the demand for dietary supplements is likely to continue to increase in the forecast year and bolster the growth of Ireland dietary supplements market.
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Recent Developments
In April 2021, Personal Nutrition, a prominent vitamin program announced a launch of first daily gummy vitamin packs for the whole family. These are designed to support various health goals, immune health, skin health, and managing deficiencies.
Additionally, in 2021, Centrum Multigummies were launched, a new addition to the Centrum line of multivitamins. These gummies are designed to provide a convenient and tasty way for consumers to get their daily recommended intake of vitamins and minerals.
Moreover, in 2020, NutraChamps Ashwagandha Capsules were launched which is designed to support stress relief, anxiety, and mood. Made from high-quality ashwagandha root extract, these capsules are vegan and non-GMO.
Market Segmentation
The Ireland dietary supplements market can be segmented by product type, form, distribution channel, application, end user, and region. Based on product type, the market can be segmented into vitamin, combination dietary supplements, protein, herbal supplements, fish oil & omega fatty acid, and others. Based on form, the market can be segmented into capsules, tablets, powder, soft gels, and liquid. Based on distribution channel, the market can be grouped into pharmacies and drug retailers, online, supermarkets and hypermarkets, and others. Based on application, the market can be grouped into immunity, general health, energy & weight management, bone & joint health, and others. Based on end user, the market can be grouped into adults, geriatric, pregnant females, children, and infants.
Market Players
Amway Ireland Limited, Abbott Ireland Limited, Nestle Ireland Ltd, Herbalife Nutrition Ireland, Archer-Daniels-Midland (ADM) ARKADY IRELAND LIMITED, Glanbia Nutritionals Ireland Limited, Otsuka Pharmaceutical Europe Ltd., Pfizer Ireland, Ireland GlaxoSmithKline, and Arkopharma Ireland Limited are some of the leading players operating in the Ireland dietary supplements market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | Product Type Form Distribution Channel Application End User Region |
| Regional Scope | Northern Ireland, North-West, West, Midland East, Dublin, Shannon, South-East, Cork-Kerry |
| Key Companies Profiled | Amway Ireland Limited, Abbott Ireland Limited, Nestle Ireland Ltd, Herbalife Nutrition Ireland, Archer-Daniels-Midland (ADM) ARKADY IRELAND LIMITED, Glanbia Nutritionals Ireland Limited, Otsuka Pharmaceutical Europe Ltd., Pfizer Ireland, Ireland GlaxoSmithKline, Arkopharma Ireland Limited |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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