France Nutritional Supplements Market Report 2022 to 2030

France Nutritional Supplements Market Analysis

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By 2030, it is anticipated that the France Nutrition and Supplements market will reach a value of $18.7 Bn from $10.49 Bn in 2022, growing at a CAGR of 7.5% during 2022-2030. The market is primarily dominated by local players such as Arkopharma, Juvamine, and Solgar. The market for nutrition and supplements in France is primarily driven by reimbursement scenarios, independent consumer choices, and strict government regulations. The France nutrition and supplements market in France is segmented by Type, Product, application, and Distribution Channel.

ID: IN10FRON002 CATEGORY: OTC & Nutraceuticals GEOGRAPHY: France AUTHOR: Dr. Vishwa Modhia

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France Nutrition and Supplements Market Analysis Summary

By 2030, it is anticipated that the France Nutrition and Supplements market will reach a value of $18.7 Bn from $10.49 Bn in 2022, growing at a CAGR of 7.5% during 2022-30.

In France, the nutrition and supplement sector reported total sales of more than $2.5 Bn in 2021. In that year, pharmacies produced 50% of the sales revenue and combined direct and distance sales produced 20%.

The popularity of healthy lifestyles among French consumers is evident in their demand for supplements. Dietary supplements are now impacted by natural and customization trends, just like the larger food industry. This opens the door for fresh small players to join this French market that is expanding. In 2020, France will have spent about $8.15 Bn on nutritional supplements.

France nutrition and supplements market report 2022 to 2030

Market Dynamics

Market Growth Drivers Analysis

The demand for nutrition and supplement products has arisen as a result of the gradual democratization of the consumption of food supplements and an active approach to one's own health. French consumers are increasingly purchasing supplements online as they look for convenience and the ability to compare products and prices.

Market Restraints

Reducing drug reimbursements and the ensuing search for substitute products may deter new players from entering the market. The DGCCRF's creation of strict regulations may hinder the expansion of the nutrition and supplement market in France.

Competitive Landscape

Key Players

Arkopharma (FRA)
Juvamine (FRA)
Solgar (FRA)
Oenobiol (FRA)
Naturactive (FRA)
Puressentiel (FRA)
Pfizer
GlaxoSmithKline
Nestle
Bayer

Healthcare Policies and Reimbursement Scenarios

The French Agency for Food, Environmental, and Occupational Health and Safety (ANSES) is the principal regulatory body in charge of regulating the safety and labeling of nutritional supplements in France. The ANSES is in charge of monitoring the safety of dietary supplements and enforcing laws governing their labeling, marketing, and advertising. In order to harmonize rules and guarantee the safety of supplements across the EU, ANSES also collaborates with other regulatory bodies in the EU.

In France, reimbursement is typically available based on a healthcare professional's recommendation for specific medical conditions, such as anemia or certain vitamin deficiencies. The supplement must have a legitimate medical purpose and be approved for sale in France by the French Agency for Food, Environmental, and Occupational Health and Safety (ANSES) in order to qualify for reimbursement. A doctor or other qualified healthcare provider must also prescribe the supplement before it can be purchased from a pharmacist.

1. Executive Summary
1.1 Product Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Government Regulation in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel and Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation

6. Methodology and Scope

France Nutritional Supplements Market Segmentation

The Nutritional Supplements Market is segmented as mentioned below:

By Product (Revenue, USD Billion):

Sports Nutrition
- Sports Food
- Sports Drinks
- Sports Supplements

Fat Burners
- Green Tea
- Fiber
- Protein
- Green Coffee
- Others (Turmeric, Ginseng, Cranberry, Garcinia Cambogia)?

Dietary Supplements
- Vitamins
- Minerals
- Enzymes
- Amino Acids
- Conjugated Linoleic Acids

Functional Foods
- Probiotics
- Omega-3
- Others

By Consumer Group (Revenue, USD Billion):

Infant
Children
Adults
Pregnant
Geriatric

By Formulation (Revenue, USD Billion):

Tablets
Capsules
Powder
Softgels
Liquid
Others

By Delivery Channel (Revenue, USD Billion):

Chemists/Pharmacists
Direct-to-Consumer Sales
E-commerce

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.