Netherlands Nutritional Supplements Market Analysis

Netherlands Nutritional Supplements Market Analysis


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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

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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

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

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Last updated on: 26 May 2023
Updated by: Ritu Baliya

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