Northbrook, IL 60062 -- (SBWire) -- 08/16/2023 --In accordance with a comprehensive research report titled "France Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Function, Mode of Application, Target Consumer, Distribution Channel (Pharmacy, Supermarket/Hypermarket, Online) and Region - Global Forecast to 2028," published by MarketsandMarkets, the dietary supplements market in France is set to experience a robust Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2028.
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A key driver of this growth is the notable support from the government for the consumption of nutritional supplements, which is creating a surge in demand. France has positioned itself as one of the most rapidly expanding markets in terms of value sales within the European dietary supplements sector. The country has witnessed a substantial uptick in the consumption of food supplements, concentrated sources of nutrients, plants, and other vital substances. This trend has been underscored by an enlightening journal published in the Elsevier Public Health Emergency Collection, which revealed a remarkable 40-60% increase in vitamin sales within France during March 2020, in comparison to the same period the previous year.
This surge in vitamin sales has reverberated positively across the dietary supplements market in France. The upswing in consumer interest in vitamins underscores a heightened focus on health and wellness, particularly during times of public health crises like the COVID-19 pandemic. Consequently, this spike in vitamin purchases has cultivated a deeper interest in dietary supplements on the whole.
Consumers who have embraced vitamins as part of their daily routines are more inclined to delve into and acquire other varieties of supplements, including minerals, herbal offerings, and probiotics. The burgeoning demand for dietary supplements presents a wealth of opportunities for manufacturers and suppliers to conceive innovative products that cater precisely to consumer requirements. Furthermore, the surging popularity of online platforms and e-commerce avenues has significantly broadened the reach of France's dietary supplement market, rendering convenient accessibility for consumers.
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Key Factors Propelling the France Dietary Supplements Market
The burgeoning awareness surrounding the manifold health advantages linked to the consumption of diverse nutraceutical products, the unwavering government support for the integration of nutritional supplements, and the escalating demand for such supplements from the pharmaceutical realm stand as pivotal catalysts propelling France's dietary supplements market forward.
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France's Dietary Supplements Market Poised for 6.1% CAGR Growth from 2023 to 2028, Fueled by Government Backing and Health-Conscious Trends
France Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Function, Mode of Application, Target Consumer, Distribution Channel (Pharmacy, Supermarket/Hypermarket, Online) and Region - Global Forecast to 2028