The Europe vegan supplements market is expected to project a CAGR of 7.89% during the forecast period of 2022 to 2030. One of the major factors attributed to market growth is the increasing awareness about the health benefits of the vegan diet.
EUROPE VEGAN SUPPLEMENTS MARKET FORECAST 2022-2030
Europe Vegan Supplements Market by Product (Protein, Vitamins, Minerals, Other Products) Market by Distribution Channel (Pharmacy, Specialty Stores, Hypermarket, Online Stores) Market by Form (Capsules & Tablets Form, Powder Form, Other Forms) by Geography.
The Europe vegan supplements market is expected to project a CAGR of 7.89% during the forecast period of 2022 to 2030. One of the major factors attributed to market growth is the increasing awareness about the health benefits of the vegan diet.
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The Europe vegan supplements market growth evaluation includes the analysis of Germany, Belgium, the United Kingdom, France, Scandinavia, Russia, Italy, and Rest of Europe. The United Kingdom observes a growing inclination towards reduced meat consumption, majorly seen in the younger population. Also, meat-free food consumption is estimated to increase over the upcoming years. In addition, the country’s meat substitutes market is the largest in Europe.
Moreover, rising lifestyle disorders, personalized nutrition trends, and preference for natural ingredients contribute to the growth of dietary supplements. With increasing access to nutrition and health knowledge, active social media, and blogs, multivitamin supplements are gaining popularity. Hence, these factors, along with the growing elderly population, drive the market growth in the United Kingdom.
There are rising investments in the meat-free market in countries like France, with an increasing percentage of vegetarians or vegans. As per a recent study of the vegan and vegetarian food markets, meat substitute sales increased by 11% in 2019. As a result, major food producers and retailers are prioritizing vegan products. Such factors provide market growth opportunities for France.
Nestle is a global food & beverage company that offers products and services across categories like milk products, pet care, liquid beverages, water, confectionery, nutrition & health science, etc. The company has an extensive geographical presence, with headquarters in Vevey, Switzerland.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- MARKET SCOPE
- KEY DRIVERS
- PREFERENCE FOR VEGAN DIET
- AWARENESS ABOUT HEALTHY LIFESTYLE
- LACTOSE INTOLERANCE
- DEMAND FOR SPORTS NUTRITION AND SUPPLEMENTS
- KEY RESTRAINTS
- STRINGENT REGULATIONS
- FAKE PRODUCTS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON VEGAN SUPPLEMENTS MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY PRODUCT
- PROTEIN
- VITAMINS
- MINERALS
- OTHER PRODUCTS
- MARKET BY DISTRIBUTION CHANNEL
- PHARMACY
- SPECIALTY STORES
- HYPERMARKET
- ONLINE STORES
- MARKET BY FORM
- CAPSULES & TABLETS FORM
- POWDER FORM
- OTHER FORMS
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- RUSSIA
- BELGIUM
- SCANDINAVIA
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATION
- BUSINESS EXPANSIONS
- COMPANY PROFILES
- AMWAY
- ARCHER DANIELS MIDLAND COMPANY
- COUNTRY LIFE
- DUPONT INC
- GLANBIA PLC
- GNC HOLDINGS
- HERBALIFE LTD
- KERRY GROUP
- NESTLE
- NUGO NUTRITION
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – VEGAN SUPPLEMENTS
TABLE 2: EUROPE VEGAN SUPPLEMENTS MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 3: EUROPE VEGAN SUPPLEMENTS MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 4: EUROPE VEGAN SUPPLEMENTS MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 5: EUROPE VEGAN SUPPLEMENTS MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 6: EUROPE VEGAN SUPPLEMENTS MARKET, BY FORM, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 7: EUROPE VEGAN SUPPLEMENTS MARKET, BY FORM, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 8: EUROPE VEGAN SUPPLEMENTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 9: EUROPE VEGAN SUPPLEMENTS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 10: LIST OF MERGERS & ACQUISITIONS
TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 12: LIST OF PARTNERSHIPS, CONTRACTS/AGREEMENTS & COLLABORATIONS
TABLE 13: LIST OF BUSINESS EXPANSIONS
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: EUROPE VEGAN SUPPLEMENTS MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2021
FIGURE 6: EUROPE VEGAN SUPPLEMENTS MARKET, BY PROTEIN, 2022-2030 (IN $ MILLION)
FIGURE 7: EUROPE VEGAN SUPPLEMENTS MARKET, BY VITAMINS, 2022-2030 (IN $ MILLION)
FIGURE 8: EUROPE VEGAN SUPPLEMENTS MARKET, BY MINERALS, 2022-2030 (IN $ MILLION)
FIGURE 9: EUROPE VEGAN SUPPLEMENTS MARKET, BY OTHER PRODUCTS, 2022-2030 (IN $ MILLION)
FIGURE 10: EUROPE VEGAN SUPPLEMENTS MARKET, GROWTH POTENTIAL, BY DISTRIBUTION CHANNEL, IN 2021
FIGURE 11: EUROPE VEGAN SUPPLEMENTS MARKET, BY PHARMACY, 2022-2030 (IN $ MILLION)
FIGURE 12: EUROPE VEGAN SUPPLEMENTS MARKET, BY SPECIALTY STORES, 2022-2030 (IN $ MILLION)
FIGURE 13: EUROPE VEGAN SUPPLEMENTS MARKET, BY HYPERMARKET, 2022-2030 (IN $ MILLION)
FIGURE 14: EUROPE VEGAN SUPPLEMENTS MARKET, BY ONLINE STORES, 2022-2030 (IN $ MILLION)
FIGURE 15: EUROPE VEGAN SUPPLEMENTS MARKET, GROWTH POTENTIAL, BY FORM, IN 2021
FIGURE 16: EUROPE VEGAN SUPPLEMENTS MARKET, BY CAPSULES & TABLETS FORM, 2022-2030 (IN $ MILLION)
FIGURE 17: EUROPE VEGAN SUPPLEMENTS MARKET, BY POWDER FORM, 2022-2030 (IN $ MILLION)
FIGURE 18: EUROPE VEGAN SUPPLEMENTS MARKET, BY OTHER FORMS, 2022-2030 (IN $ MILLION)
FIGURE 19: EUROPE VEGAN SUPPLEMENTS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 20: UNITED KINGDOM VEGAN SUPPLEMENTS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 21: GERMANY VEGAN SUPPLEMENTS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 22: FRANCE VEGAN SUPPLEMENTS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 23: ITALY VEGAN SUPPLEMENTS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 24: RUSSIA VEGAN SUPPLEMENTS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 25: BELGIUM VEGAN SUPPLEMENTS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 26: SCANDINAVIA VEGAN SUPPLEMENTS MARKET, 2022-2030 (IN $ MILLION)
FIGURE 27: REST OF EUROPE VEGAN SUPPLEMENTS MARKET, 2022-2030 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- RUSSIA
- BELGIUM
- SCANDINAVIA
- REST OF EUROPE
- EUROPE
- MARKET BY PRODUCT
- PROTEIN
- VITAMINS
- MINERALS
- OTHER PRODUCTS
- MARKET BY DISTRIBUTION CHANNEL
- PHARMACY
- SPECIALTY STORES
- HYPERMARKET
- ONLINE STORES
- MARKET BY FORM
- CAPSULES & TABLETS FORM
- POWDER FORM
- OTHER FORMS
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