United Kingdom Nutraceuticals Market

United Kingdom Nutraceuticals Market By Application (Functional Beverages, Functional Food, Dietary Supplements), By Form (Liquid, Tablets, Capsules, Powder, Others), By Source (Plant, Animal, Microbial), By Distribution Channel (Online, Hypermarkets/Supermarkets, Pharmacies, Specialty Stores), By Region, Competition, Forecast and Opportunities, 2028

United Kingdom nutraceuticals market is anticipated to grow significantly in the projected period of 2028. The rising incidence of chronic disorders, including obesity, diabetes, and cardiovascular diseases is one of the key factors fueling the growth of the nutraceuticals market. Nowadays, consumers prefer clean substitutes that can be identified back to their source and are of high quality. Consumers anticipate brands to be open and honest about the ingredients they employ and whether they are supported by sufficient scientific data and proof. By investing in R&D and innovation, the nutraceutical business is likewise adapting to these changing consumer tastes. For those who require supplementing, items like fish oil, ultra-refined black seed oil, and calcium pills, etc. are starting to emerge as viable options. These supplements can focus on general well-being or specific health conditions. According to the Food and Drink Federation, the food and drink sector is the single largest employer in the UK manufacturing sector. Around 440,000 people across the UK are employed in jobs associated with food and drink manufacturing and sales. The food and drink sector had an annual turnover of USD 145 billion in 2020. Although millennials and Gen Z consumers are conscious about their health. As per Nutrition Insights, the Nutraceuticals Market in the UK is estimated to be worth around USD 5.5 billion, while it amounts to USD 358 billion globally. Therefore, they require nutraceuticals that may be incorporated into their daily routine while enabling them to adhere to their regime. To meet this need, the industry is offering supplements in the form of tablets, gummies, chewable, and portable mixes.

People are becoming more health-conscious in today's fast-paced environment, and their dietary choices reflect this change. The increasing demand for functional meals is one of the trends that has gained traction in recent years. Due to their naturally occurring bioactive chemicals or additional functional elements, some foods go beyond providing basic nourishment and offer extra health advantages. The market for functional foods has expanded significantly in the UK, and people look for food to improve their health and well-being. This is helping to fuel the expansion of the nutraceutical industry in the country. Customers are actively looking for foods that can offer additional health benefits beyond basic nutrition since they are better knowledgeable about the impact of their food choices on their overall well-being. As per the government of the United Kingdom, the global market for functional foods will be valued at USD 230.11 billion in 2021, with a projected compound annual growth rate of 9.5% from 2021–2028. The United Kingdom is at the forefront of the development of these foods.

In addition, nutraceutical companies in the United Kingdom are investing heavily in research and development to create innovative products that offer unique health benefits and meet consumer demand. It is driving the development of new ingredients and products that are more effective and targeted. Also, the United Kingdom has a well-regulated market for nutraceuticals, which ensures that products are safe and effective. This gives consumers confidence in the products they are buying and supports the growth of the industry.

Nutraceuticals offer a convenient way for consumers to incorporate healthy ingredients into their diets. They can be taken in the form of supplements, added to foods and beverages, or consumed as functional foods. Moreover, many consumers are looking for natural and holistic approaches to healthcare, and nutraceuticals fit this trend. They offer a way to support good health without relying on pharmaceutical drugs or other conventional medical treatments.

Also, nutraceuticals are playing a bigger role in both managing certain health problems and a person's general health. Nutraceutical companies have become better empowered to offer access to high-quality and effective nutrition and supplements that meet the demands of every individual through digital technology and the expansion of D2C and e-commerce platforms. For instance, it has been discovered that most people in the United Kingdom are deficient in vitamin D. As per the University of Birmingham, nearly half of the UK population was vitamin D deficient in the National Diet and Nutritional Survey and nearly 85% of parents are unaware of the need for supplementation. It can be challenging to consume enough nutrients like vitamin B12 and omega-3 fatty acids. Nutraceuticals are being used more frequently to support and build immunity as well as address lifestyle needs related to sleep, bone, heart, brain, and eye health, as well as general physical and mental well-being.

Functional foods and beverages offer physiological advantages and/or lower the risk of chronic disease beyond basic nutritional functions. It may look like or even be traditional foods and beverages that are consumed as part of the typical diet. These goods enhance physical or mental performance while preventing sickness or other health conditions. Dietary supplements are defined as any product that can be taken by mouth and contain a dietary ingredient intended to supplement a diet. Dietary ingredients in these products may include vitamins, minerals, herbs, or other botanicals, amino acids, and substances such as enzymes, organ tissues, glandular, and metabolites. Nutraceuticals have medicinal potential as well as the bioactive components of minerals, herbs, and other plants. In addition to the basic nutrition found in meals, they are sold as dose formulations and have grown to play a significant role in the diet of a consumer. Therefore, maintaining high safety and quality standards is crucial since vitamins, minerals, fatty acids, prebiotics and probiotics, herbal supplements, and other supplements are utilized for therapeutic and preventive purposes worldwide. The need for a legal framework to be created for the same in the United Kingdom has been emphasized by the fast-expanding global nutraceutical industry.

Increasing Awareness Regarding Benefits of Nutraceuticals

Consumers are increasingly seeking natural and holistic ways to maintain and improve their health, which has led to a growing demand for nutraceuticals. Consumers are becoming more health-conscious and are willing to pay premium for products that offer health benefits beyond basic nutrition. Consumers are becoming more educated about the link between diet and health and are seeking products that offer health benefits beyond basic nutrition. Nutraceuticals offer a convenient and effective way for consumers to incorporate health-promoting ingredients into their diets.

As per The King's Fund, about 15 million people in England have long-term conditions. Long-term conditions or chronic diseases are conditions for which there is currently no cure, and which are managed with drugs and other treatments, for example, diabetes, chronic obstructive pulmonary disease, arthritis, and hypertension. Furthermore, the United Kingdom is facing an increasing prevalence of chronic diseases such as obesity, diabetes, and cardiovascular diseases. Nutraceuticals offer a natural and effective approach for the prevention and management of these conditions, which is driving the demand for these products.

Market Segmentation

United Kingdom (U.K.) nutraceuticals market is segmented into application, form, source, distribution channel, region, and company. Based on application, the market is divided into functional beverages, functional food, and dietary supplements. Based on form, the market is divided into liquid, tablets, capsules, powder, and others. Based on source, the market is segmented into plant, animal, and microbial. Based on distribution channel, the market is bifurcated into online, hypermarkets/supermarkets, pharmacies, and specialty stores. Based on region, the U.K. dietary supplement market is segmented into Scotland, South-East, London, South-West, East-Anglia, Yorkshire & Humberside, and East Midlands and rest of the United Kingdom.

Company Profiles

Nestle UK Ltd., Amway (UK) Ltd., Nature's Bounty Inc., Vitabiotics Ltd, Herbalife (U.K.) Limited, Kellogg's UK & Ireland, GlaxoSmithKline plc, Archer Daniels Midland (UK) Limited's, Myprotein Group and Danone Holdings (UK) are some of the key players of United Kingdom Nutraceuticals Market.

Report Scope:

In this report, United Kingdom Nutraceuticals Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

• United Kingdom Nutraceuticals Market, By Application:
• Functional Beverage
• Functional Food
• Dietary Supplements
• United Kingdom Nutraceuticals Market, By Form:
• Liquid
• Tablets
• Capsules
• Powder
• Others
• United Kingdom Nutraceuticals Market, By Source:
• Plant
• Animal
• Microbial
• United Kingdom Nutraceuticals Market, By Distribution Channel:
• Online
• Hypermarkets/Supermarkets
• Pharmacies
• Specialty Stores
• United Kingdom Nutraceuticals Market, By Region:
• Scotland
• South-East
• London
• South-West
• East-Anglia
• Yorkshire & Humberside
• East Midlands
• Rest of United Kingdom

Competitive landscape

Company Profiles: Detailed analysis of the major companies in United Kingdom Nutraceuticals Market.

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Company Information

• Detailed analysis and profiling of additional market players (up to five).

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