Natural Immune Booster Market is Estimated To Witness High Growth Owing To Increased Health Concerns Against Infectious Diseases
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Natural Immune Booster Market |
Market Overview:
Natural immune boosters are nutritional supplements
aimed at strengthening the body's natural defense system against pathogens and
toxins. They contain ingredients like vitamins, minerals, herbs, mushrooms,
probiotics, and plant extracts that help improve both innate and adaptive
immunity. Regular intake of immune boosters helps maintain optimal immune
response and lower the risks of common infections.
Market key trends:
One of the major trends driving the growth of The
Global Natural Immune Booster Market Demand is the rising health
concerns against infectious diseases. With the ongoing COVID-19 pandemic and
growing risks of antimicrobial resistance, people are increasingly focusing on
boosting overall health resilience through natural remedies and preventive
measures. There is growing demand for easy immune support solutions in dietary
supplement form. Emergence of functional exotic herbs and mushrooms with
scientifically validated immune-boosting properties is also fueling new product
innovation in the industry. Studies show immune boosters containing elderberry,
echinacea, ayurvedic herbs, turmeric, reishi mushrooms, and others offer
multi-targeted defense support.
Porter’s Analysis
Threat of new entrants: Low brand awareness and high cost of operations
poses a moderate threat for new entrants in the natural immune booster market.
Bargaining power of buyers: The presence of several organized retailers
increases the bargaining power of buyers in the market. However, rise in the
number of health-conscious consumers in the market increases seller's control
over buyers to some extent.
Bargaining power of suppliers: Herb suppliers hold a moderate bargaining power
due to lack of product differentiation. However, proprietary formulations help
immune booster brands derive pricing power.
Threat of new substitutes: Low threat from substitutes as natural boosters are
considered safer than synthetic options by health-conscious buyers.
Competitive rivalry: High due to the presence of several global and regional
vendors offering similar product portfolios.
SWOT Analysis
Strength: Wide product portfolio and strong brand recognition of leading
vendors. Access to varied herbs and plant extracts gives advantages over
smaller players.
Weakness: High manufacturing costs limits margins. Herbal immune boosters have
limited efficacy data compared to pharmaceutical options.
Opportunity: Rising global health awareness and preventive healthcare spending
drives demand. Growth opportunities in developing economies due to increasing
incomes.
Threats: Stringent regulatory framework controls product claims. Supply chain
disruptions impact herb and raw material availability.
Key Takeaways
The global natural immune booster market is expected to witness high
growth, exhibiting CAGR of 7.0% over the forecast period, due to increasing
awareness about preventive healthcare and shift towards healthy lifestyles.
North America dominated the market with over 30% share in 2023 due to growing
health supplement consumption in the US and Canada. The Asia Pacific region is
expected to be the fastest growing market during the forecast period due to
rising health expenditure, growing middle-class population and improving
urbanization.
Key players operating in the natural immune booster market are Himalaya Herbal
Healthcare, Gaia Herbs, Nature's Bounty, NOW Foods, NutriGold, Garden of Life,
MegaFood, New Chapter, Sambucol, BioSchwartz, Solgar, Source Naturals, Nature's
Way, Jarrow Formulas, Pure Encapsulations. The key players are focusing on
launching new products, strengthening their distribution channel and expanding
their footprint across various regions to gain competitive edge in the market.
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More:
https://www.dailyprbulletin.com/the-growth-of-natural-immune-booster-market/
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