In an era marked by a growing emphasis on health and well-being, the complete nutrition products market in Europe is poised to become a leading segment, projected to expand at a remarkable compound annual growth rate (CAGR) of 5.8% from 2021 to 2028. The increasing awareness of health issues, coupled with the rising demand for convenient and personalized nutrition solutions, positions Europe as a hub for full nutrition products.
Several key factors are driving this surge in market growth. The rising health consciousness among consumers has led to a heightened interest in nutrition products that can help individuals meet their dietary needs safely and effectively. With obesity rates soaring in several European countries, including the United Kingdom (27.8%), Hungary (26.4%), and Lithuania (26.3%) according to the World Health Organization (WHO), there is a pressing need for high-quality nutrition solutions. These alarming statistics highlight a critical health trend, particularly among the younger population, which is expected to propel market demand significantly throughout the forecast period.
Governments and regulatory agencies across Europe are actively working to stimulate the development of high-quality complete nutrition products. By establishing clear laws and guidelines, they aim to ensure that consumers have access to safe and effective nutrition options. This collaborative effort between the public and private sectors is further enhancing the market landscape, promoting innovation, and encouraging manufacturers to create products that cater to diverse dietary needs.
The complete nutrition products market is expected to increase at a 6.39% CAGR from 2023 to 2033. The market is anticipated to grow from USD 5.22 billion in 2023 to USD 9.70 billion in 2033.
Key Insights:
- The European complete nutrition products market is projected to grow at a CAGR of 5.8% from 2021 to 2028.
- Increasing obesity rates among the youth in countries like the UK, Hungary, and Lithuania highlight the urgent need for effective nutrition solutions.
- Regulatory bodies are promoting the development of high-quality nutrition products, ensuring consumer safety and effectiveness.
- Rising awareness of health and wellness is driving the demand for personalized nutrition solutions.
Competitive Landscape
The market for complete nutrition products is characterised by a few well-established players as well as several small and medium-sized players. Product launches are one of the industry’s most important strategic activities.
RSP Nutrition, for example, might debut a ready-to-drink product line called ‘Immunity and Hydration Shot’ and ‘True Fit’ in May 2020. The product is a wellness shot designed with electrolytes, botanicals, and minerals that enhances immunity and hydration. True Fit is a protein shake and meal replacement option. Both products can be found on the company’s website.
The market for full nutrition products is a notably rising area with several prominent competitors. Some of the market’s leading companies are:
- Abbott Laboratories
- Amway
- Danone
- Herbalife Nutrition
- Ideal Shape
- Slim Fast
- Lady Boss
- RSP Nutrition
- Jimmy Joy
- Soylent
- Muscle Blaze
Complete Nutrition Products Market Key Segmentation
by Product:
- Powder
- RTD Shakes
- Bars
by Distribution Channel:
- Supermarkets
- Convenient Stores
- Online Stores
by Region:
- North America
- Europe
- Asia Pacific
- Lat America
- Middle East & Africa
Browse full Report: https://www.futuremarketinsights.com/reports/complete-nutrition-products-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
