Netherlands Nutritional Supplements Market Report 2022 to 2030

Netherlands Nutritional Supplements Market Analysis

$ 3999

By 2030, it is anticipated that the Netherlands Nutrition and Supplements market will reach a value of $xx Mn from $992 Mn in 2022, growing at a CAGR of xx% during 2022-2030. The market is primarily dominated by local players such as Kin, Solgar, and Orthica. The market for nutrition and supplements in the Netherlands is primarily driven by an inclination towards offline purchases, government regulations, and increasing consumer awareness of health and lifestyle. The Netherlands nutrition and supplements market in the Netherlands is segmented by Type, Product, application, and Distribution Channel.

ID: IN10NLON002 CATEGORY: OTC & Nutraceuticals GEOGRAPHY: Netherlands AUTHOR: Dr. Vishwa Modhia

Buy Now

Netherlands Nutrition and Supplements Market Analysis Summary

By 2030, it is anticipated that the Netherlands Nutrition and Supplements market will reach a value of $xx Mn from $992 Mn in 2022, growing at a CAGR of xx% during 2022-2030.

The Netherlands has high standards for quality and safety when it comes to nutritional supplements. The Dutch Food and Safety Authority (NVWA) is in charge of keeping an eye on the security of foods and dietary supplements, and before goods can be sold there, they must adhere to stringent rules. About 10% of men, 17% of women, and 13% of children in the Dutch population reported using plant-based nutritional supplements.

The Netherlands has one of Europe's highest healthcare spending. The Netherlands' total health spending accounted for about 11.5% of its GDP in 2019, according to the Organisation for Economic Co-operation and Development (OECD). In the Netherlands, people are more likely to use dietary supplements if they are goal-oriented toward promotion, observe dietary supplement users in their social environment, believe they have a higher risk of becoming ill, and have favorable attitudes toward dietary supplements.

Market Dynamics

Market Growth Drivers

Over the past five years, the Netherlands has experienced e-commerce growth rates above 10% per year, and in 2020, domestic presence in a large portion of the region will cause this growth to accelerate. This trend will continue to increase consumption.

As more people attempt to maintain and improve their health through dietary and lifestyle changes, the use of nutritional supplements is growing in popularity in the Netherlands and throughout all of Europe. A lot of people take supplements to make sure they are getting all the vitamins and nutrients they need, while others do so to treat certain health issues or improve athletic performance.

Market Restraints

Customers are looking for supplements made from ingredients that were produced sustainably and ethically as their concern for the environmental impact of the products they buy grows. It can be challenging for manufacturers of sustainable and natural nutritional supplements to keep their cost structures stable.

In 2022, the market for dietary supplements saw a return to growth in terms of current value, but this improvement was entirely due to the category's sharp rise in average unit price. Due to a significant increase in production costs, including the rising price of energy and ingredients, manufacturers and retailers have been forced to raise their prices. High manufacturing costs will deter new competitors from entering the market.

Competitive Landscape

Key Players

Kin (NLD)
Solgar (NLD)
Orthica (NLD)
AOV (NLD)
B.V. Vurense Snack Industries (NLD)
Happy Healthy You+ (NLD)
GNC
GlaxoSmithKline
Nestlé

Healthcare Policies and Reimbursement Scenarios

The European Union (EU) and the Dutch government jointly oversee the regulation of dietary supplements in the Netherlands. The Dutch government enforces these rules, controls their sale and distribution domestically, and the EU establishes standards for the production and labeling of supplements. The European directive on food supplements served as the foundation for the Food Supplement (Commodities Act) Decree.

In the Netherlands, a combination of public and private insurance serves as the main foundation for the healthcare reimbursement system. Taxes and social insurance are used to fund the public insurance system, and private insurance is an option for those who want more coverage. However, although some private health insurance plans might offer some coverage, the public healthcare system typically does not cover nutritional supplements. Nutritional supplement reimbursement is not a part of the standard benefits package provided by the minimal coverage mandated by law.

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

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 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.