The North America Cold And Flu Supplements Market would witness market growth of 11.4% CAGR during the forecast period (2023-2030).
Cold and flu supplements are safe and reliable medications that may be purchased over the counter at neighborhood pharmacies and retail outlets. The supplements include decongestants, painkillers, antihistamines, and cough suppressants. Demand for cold and flu supplements continues to increase due to changing lifestyles and the simple availability of supplements through offline & online retailers. The need for cold and flu supplements is also rising as consumers' awareness of the therapeutic benefits of many natural substances increases.
A herbal supplement called echinacea is thought to help with cold prevention and treatment. This plant is recommended as an immune system booster. Since elderberry has antioxidant and immune-modulating qualities, it is frequently used to treat the flu. Patients often take garlic as a cold treatment. Panax quinquefolium and Panax ginseng have been studied for their potential efficacy in treating upper respiratory tract infections. Several physiological functions depend heavily on vitamin C, a water-soluble vitamin. The cold virus cannot reproduce when zinc is present. These results have led some experts to believe that zinc supplements can help prevent and treat the common cold.
Some dietary supplement companies work with medical practitioners to sell their goods. Doctors' and other healthcare professionals' recommendations can significantly increase patient use and promote consumer confidence. The use of preventive healthcare procedures is expanding. To proactively preserve their health and fend against ailments, many people are now willing to spend money on supplements.
Consumers are choosing healthier products, such as vitamin supplements, to improve nutrition and immunity as their health concerns are expanding. Due to customer preferences for staying healthy, fit, and controlling healthcare costs, among other factors, the market has been lucrative in North America, particularly in the United States. Along with the variables mentioned above, Americans are more inclined to shell out a significant sum for natural goods that are organic and fortified with vitamins and minerals. All these aspects are anticipated to support the growth of the regional market.
The US market dominated the North America Cold And Flu Supplements Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,999.1 million by 2029. The Canada market is poised to grow at a CAGR of 13.9% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 12.9% during (2023 - 2030).
Based on Product, the market is segmented into Vitamins & Minerals, Herbal Extracts, and Natural Molecules. Based on Distribution Channel, the market is segmented into Pharmacies & Drug Stores, Hypermarkets & Supermarkets, Online, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Cold And Flu Supplements Market is Projected to reach USD 35.5 Billion by 2030, at a CAGR of 11.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nordic Naturals, Inc., Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG), Pfizer, Inc., Amway Corporation, NOW Foods, Inc., Wakunaga of America Co., Ltd. (Wakunaga Pharmaceutical Co., Ltd.), Neurobiologix, Inc., Himalaya Global Holdings Ltd., Nu Skin Enterprises, Inc., and Nature’s Sunshine Products, Inc.
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