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.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Vitamins & Minerals
- Herbal Extracts
- Natural Molecules
By Distribution Channel
- Pharmacies & Drug Stores
- Hypermarkets & Supermarkets
- Online
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Nature’s Sunshine Products, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cold And Flu Supplements Market, by Product
1.4.2 North America Cold And Flu Supplements Market, by Distribution Channel
1.4.3 North America Cold And Flu Supplements Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Force Analysis
Chapter 4. North America Cold And Flu Supplements Market by Product
4.1 North America Vitamins & Minerals Market by Country
4.2 North America Herbal Extracts Market by Country
4.3 North America Natural Molecules Market by Country
Chapter 5. North America Cold And Flu Supplements Market by Distribution Channel
5.1 North America Pharmacies & Drug Stores Market by Country
5.2 North America Hypermarkets & Supermarkets Market by Country
5.3 North America Online Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Cold And Flu Supplements Market by Country
6.1 US Cold And Flu Supplements Market
6.1.1 US Cold And Flu Supplements Market by Product
6.1.2 US Cold And Flu Supplements Market by Distribution Channel
6.2 Canada Cold And Flu Supplements Market
6.2.1 Canada Cold And Flu Supplements Market by Product
6.2.2 Canada Cold And Flu Supplements Market by Distribution Channel
6.3 Mexico Cold And Flu Supplements Market
6.3.1 Mexico Cold And Flu Supplements Market by Product
6.3.2 Mexico Cold And Flu Supplements Market by Distribution Channel
6.4 Rest of North America Cold And Flu Supplements Market
6.4.1 Rest of North America Cold And Flu Supplements Market by Product
6.4.2 Rest of North America Cold And Flu Supplements Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Nordic Naturals, Inc.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Nature's Way Products LLC (Dr. Willmar Schwabe GmbH & Co. KG)
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Pfizer, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional & Segmental Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Amway Corporation
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 NOW Foods, Inc.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Wakunaga of America Co., Ltd. (Wakunaga Pharmaceutical Co., Ltd.)
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Neurobiologix, Inc.
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Himalaya Global Holdings Ltd.
7.8.1 Company Overview
7.9 Nu Skin Enterprises, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Nature’s Sunshine Products, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis
TABLE 1 North America Cold And Flu Supplements Market, 2019 - 2022, USD Million
TABLE 2 North America Cold And Flu Supplements Market, 2023 - 2030, USD Million
TABLE 3 North America Cold And Flu Supplements Market by Product, 2019 - 2022, USD Million
TABLE 4 North America Cold And Flu Supplements Market by Product, 2023 - 2030, USD Million
TABLE 5 North America Vitamins & Minerals Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Vitamins & Minerals Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Herbal Extracts Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Herbal Extracts Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Natural Molecules Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Natural Molecules Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Cold And Flu Supplements Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 12 North America Cold And Flu Supplements Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 13 North America Pharmacies & Drug Stores Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Pharmacies & Drug Stores Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Hypermarkets & Supermarkets Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Hypermarkets & Supermarkets Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Online Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Online Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Cold And Flu Supplements Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Cold And Flu Supplements Market by Country, 2023 - 2030, USD Million
TABLE 23 US Cold And Flu Supplements Market, 2019 - 2022, USD Million
TABLE 24 US Cold And Flu Supplements Market, 2023 - 2030, USD Million
TABLE 25 US Cold And Flu Supplements Market by Product, 2019 - 2022, USD Million
TABLE 26 US Cold And Flu Supplements Market by Product, 2023 - 2030, USD Million
TABLE 27 US Cold And Flu Supplements Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 28 US Cold And Flu Supplements Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 29 Canada Cold And Flu Supplements Market, 2019 - 2022, USD Million
TABLE 30 Canada Cold And Flu Supplements Market, 2023 - 2030, USD Million
TABLE 31 Canada Cold And Flu Supplements Market by Product, 2019 - 2022, USD Million
TABLE 32 Canada Cold And Flu Supplements Market by Product, 2023 - 2030, USD Million
TABLE 33 Canada Cold And Flu Supplements Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 34 Canada Cold And Flu Supplements Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 35 Mexico Cold And Flu Supplements Market, 2019 - 2022, USD Million
TABLE 36 Mexico Cold And Flu Supplements Market, 2023 - 2030, USD Million
TABLE 37 Mexico Cold And Flu Supplements Market by Product, 2019 - 2022, USD Million
TABLE 38 Mexico Cold And Flu Supplements Market by Product, 2023 - 2030, USD Million
TABLE 39 Mexico Cold And Flu Supplements Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 40 Mexico Cold And Flu Supplements Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 41 Rest of North America Cold And Flu Supplements Market, 2019 - 2022, USD Million
TABLE 42 Rest of North America Cold And Flu Supplements Market, 2023 - 2030, USD Million
TABLE 43 Rest of North America Cold And Flu Supplements Market by Product, 2019 - 2022, USD Million
TABLE 44 Rest of North America Cold And Flu Supplements Market by Product, 2023 - 2030, USD Million
TABLE 45 Rest of North America Cold And Flu Supplements Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 46 Rest of North America Cold And Flu Supplements Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 47 Key Information – Nordic Naturals, Inc.
TABLE 48 Key Information – Nature's Way Products LLC
TABLE 49 Key Information – Pfizer, Inc.
TABLE 50 Key Information - Amway Corporation
TABLE 51 Key Information – NOW Foods, Inc.
TABLE 52 Key Information – Wakunaga of America Co., Ltd.
TABLE 53 Key Information – Neurobiologix, Inc.
TABLE 54 Key Information – Himalaya Global Holdings Ltd.
TABLE 55 Key Information – Nu Skin Enterprises, Inc.
TABLE 56 Key Information – Nature's Sunshine Products, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cold And Flu Supplements Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors Cold And Flu Supplements Market
FIG 4 Porter’s Five Force Analysis: Cold And Flu Supplements Market
FIG 5 North America Cold And Flu Supplements Market share by Product, 2022
FIG 6 North America Cold And Flu Supplements Market share by Product, 2030
FIG 7 North America Cold And Flu Supplements Market by Product, 2019 - 2030, USD Million
FIG 8 North America Cold And Flu Supplements Market share by Distribution Channel, 2022
FIG 9 North America Cold And Flu Supplements Market share by Distribution Channel, 2030
FIG 10 North America Cold And Flu Supplements Market by Distribution Channel, 2019 - 2030, USD Million
FIG 11 North America Cold And Flu Supplements Market share by Country, 2022
FIG 12 North America Cold And Flu Supplements Market share by Country, 2030
FIG 13 North America Cold And Flu Supplements Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Nordic Naturals, Inc.
FIG 15 SWOT Analysis: Nature's Way Products, LLC
FIG 16 SWOT Analysis: Pfizer, Inc.
FIG 17 SWOT Analysis: Amway Corporation
FIG 18 SWOT Analysis: NOW Foods, Inc.
FIG 19 SWOT Analysis: Wakunaga of America Co., Ltd.
FIG 20 SWOT Analysis: Neurobiologix, Inc.
FIG 21 SWOT Analysis: Nu Skin Enterprises, Inc.
FIG 22 SWOT Analysis: Nature's Sunshine Products, Inc.