Vitamin & Supplement Manufacturing in the UK - Industry Market Research Report

Vitamin & Supplement Manufacturing in the UK - Industry Market Research Report

Vitamin & Supplement Manufacturing in the UK

A surge in customers seeking to improve general well-being and physical appearance has spiked orders for vitamins and supplements. Innovative product delivery formats, including powders, chewable products, shakes, and bars, have also been important factors in the industry's strong performance. Manufacturers have benefitted from recommendations by health professionals that people should take supplements to alleviate the effects of certain vitamin deficiencies. Revenue is projected to climb at a compound annual rate of 11.2% to £1.6 billion over the five years through 2023-24, including revenue growth of 5.7% in 2023-24.

Firms in the industry manufacture vitamins and supplements consumed orally to supplement diets and provide useful nutrients. The industry excludes manufacturers of products required to treat illnesses.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.