The pediatric supplements market size has grown strongly in recent years. It will grow from $3.65 billion in 2023 to $3.92 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The increase during the historical era can be credited to the escalation in the prevalence of nutritional deficiencies among infants and children, the heightened demand for pediatric health supplements, a surge in consumer consciousness regarding health, and the expansion of e-commerce.
The pediatric supplements market size is expected to see strong growth in the next few years. It will grow to $5.25 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The anticipated growth in the forecast period can be ascribed to the escalating demand for supplements enriched with purified protein, augmented healthcare spending, heightened awareness concerning pediatric health, the burgeoning trend of health and wellness, and the expanding population of children. Notable trends projected for this period encompass innovative product formulations, a rising demand for immunity-enhancing supplements, advancements in delivery mechanisms, the incorporation of natural and organic ingredients, and an emphasis on quality control and ingredient sourcing.
The anticipated rise in nutritional deficiencies is set to drive the pediatric supplement market's growth in the future. Nutritional deficiencies denote the absence of crucial nutrients necessary for proper growth, development, and overall well-being. The surge in the consumption of highly processed foods, often lacking vital nutrients and abundant in empty calories, sugars, and unhealthy fats, substantially contributes to these deficiencies. Pediatric supplements play a vital role in averting such deficiencies in infants and children by supplementing essential nutrients missing from their diets. For instance, as of June 2023, UNICEF reported that malnutrition prevention programs had reached 356.3 million children under 5 and mothers in 2022, up from 336.4 million in 2021. Hence, the increasing prevalence of nutritional deficiencies is fueling the pediatric supplement market's expansion.
Leading pediatric supplement firms are prioritizing the development of natural and organic ingredients tailored for children, such as vitamin D and probiotic drops, to meet the rising demand for healthier alternatives. Vitamin D and probiotic drops serve as dietary supplements aimed at providing infants and young children with the necessary nutrients for their growth and development. For instance, Bobbie, a US-based pediatric nutrition company, introduced its inaugural non-formula products, organic vitamin D and probiotic drops, in February 2024. Bobbie Organic Vitamin D Drops offer infants aged 0-12 months 100% of the daily vitamin D recommendation (400 IU) in a 3-drop dosage. Made with certified organic, non-GMO ingredients, these drops are suitable for breastfed and combination-fed infants, promoting robust bone and teeth development, immune health, and calcium absorption. These new supplements are tailored to address common pediatric deficiencies and support the distinct requirements of infants and toddlers. Organic probiotic drops comprise a blend of probiotic strains clinically proven to alleviate colic in infants.
In July 2022, JB Pharma, an India-based pharmaceutical company, acquired four pediatric formulation brands from Dr. Reddy's Laboratories Limited for Rs 98.3 crore ($8.23 million). This acquisition forms part of JB Pharma's strategy to broaden its offerings in the pediatric segment and fortify its domestic operations. Dr. Reddy's Laboratories Limited, an India-based pharmaceutical company, is renowned for manufacturing pediatric supplements.
Major companies operating in the pediatric supplements market are Nestlé S.A., Archer Daniels Midland Company, Pfizer Inc., BASF SE, Johnson & Johnson (JNJ), The Procter & Gamble Company, Bayer AG, Sanofi S.A., Abbott, Beximco Pharmaceuticals Limited, Danone S.A., Reckitt Benckiser Group plc, Otsuka Pharmaceutical Co. Ltd., DuPont de Nemours Inc., Koninklijke DSM N.V., Alexion Pharmaceuticals Inc., Church & Dwight Co. Inc., Perrigo Company, Glenmark Pharmaceuticals Ltd., Himalaya Wellness Company, Hero Nutritionals Inc., Bioglan Pty Ltd.
North America was the largest region in the pediatric supplements market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pediatric supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the pediatric supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Pediatric supplements, crafted to deliver crucial vitamins, minerals, and nutrients, are tailored for infants, children, and adolescents, meeting their distinct nutritional requirements throughout various stages of growth and development. Targeting individuals up to 18 years old, these dietary supplements aim to complement their diets.
These supplements encompass a range of product types including vitamins, minerals, probiotics, omega-3 fatty acids, amino acids, and more. Vitamins, indispensable for bodily functions and development, are organic nutrients that the body cannot synthesize adequately on its own. Available in forms such as gummies, chewables, liquids, powders, and tablets, these products are accessible through diverse channels such as pharmacies, supermarkets, online retailers, and specialty stores, catering to age groups spanning from infants to adolescents. Their applications span immunity enhancement, brain and cognitive support, bone and dental health, gastrointestinal support, overall well-being, and more.
The pediatric supplements market research report is one of a series of new reports that provides pediatric supplements market statistics, including pediatric supplements industry global market size, regional shares, competitors with a procedure trays market share, detailed pediatric supplements market segments, market trends, and opportunities, and any further data you may need to thrive in the pediatric supplements industry. This pediatric supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pediatric supplements market consists of sales of parents and caregivers, healthcare professionals, children and adolescents and schools and daycare centers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The pediatric supplements market size is expected to see strong growth in the next few years. It will grow to $5.25 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The anticipated growth in the forecast period can be ascribed to the escalating demand for supplements enriched with purified protein, augmented healthcare spending, heightened awareness concerning pediatric health, the burgeoning trend of health and wellness, and the expanding population of children. Notable trends projected for this period encompass innovative product formulations, a rising demand for immunity-enhancing supplements, advancements in delivery mechanisms, the incorporation of natural and organic ingredients, and an emphasis on quality control and ingredient sourcing.
The anticipated rise in nutritional deficiencies is set to drive the pediatric supplement market's growth in the future. Nutritional deficiencies denote the absence of crucial nutrients necessary for proper growth, development, and overall well-being. The surge in the consumption of highly processed foods, often lacking vital nutrients and abundant in empty calories, sugars, and unhealthy fats, substantially contributes to these deficiencies. Pediatric supplements play a vital role in averting such deficiencies in infants and children by supplementing essential nutrients missing from their diets. For instance, as of June 2023, UNICEF reported that malnutrition prevention programs had reached 356.3 million children under 5 and mothers in 2022, up from 336.4 million in 2021. Hence, the increasing prevalence of nutritional deficiencies is fueling the pediatric supplement market's expansion.
Leading pediatric supplement firms are prioritizing the development of natural and organic ingredients tailored for children, such as vitamin D and probiotic drops, to meet the rising demand for healthier alternatives. Vitamin D and probiotic drops serve as dietary supplements aimed at providing infants and young children with the necessary nutrients for their growth and development. For instance, Bobbie, a US-based pediatric nutrition company, introduced its inaugural non-formula products, organic vitamin D and probiotic drops, in February 2024. Bobbie Organic Vitamin D Drops offer infants aged 0-12 months 100% of the daily vitamin D recommendation (400 IU) in a 3-drop dosage. Made with certified organic, non-GMO ingredients, these drops are suitable for breastfed and combination-fed infants, promoting robust bone and teeth development, immune health, and calcium absorption. These new supplements are tailored to address common pediatric deficiencies and support the distinct requirements of infants and toddlers. Organic probiotic drops comprise a blend of probiotic strains clinically proven to alleviate colic in infants.
In July 2022, JB Pharma, an India-based pharmaceutical company, acquired four pediatric formulation brands from Dr. Reddy's Laboratories Limited for Rs 98.3 crore ($8.23 million). This acquisition forms part of JB Pharma's strategy to broaden its offerings in the pediatric segment and fortify its domestic operations. Dr. Reddy's Laboratories Limited, an India-based pharmaceutical company, is renowned for manufacturing pediatric supplements.
Major companies operating in the pediatric supplements market are Nestlé S.A., Archer Daniels Midland Company, Pfizer Inc., BASF SE, Johnson & Johnson (JNJ), The Procter & Gamble Company, Bayer AG, Sanofi S.A., Abbott, Beximco Pharmaceuticals Limited, Danone S.A., Reckitt Benckiser Group plc, Otsuka Pharmaceutical Co. Ltd., DuPont de Nemours Inc., Koninklijke DSM N.V., Alexion Pharmaceuticals Inc., Church & Dwight Co. Inc., Perrigo Company, Glenmark Pharmaceuticals Ltd., Himalaya Wellness Company, Hero Nutritionals Inc., Bioglan Pty Ltd.
North America was the largest region in the pediatric supplements market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pediatric supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the pediatric supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Pediatric supplements, crafted to deliver crucial vitamins, minerals, and nutrients, are tailored for infants, children, and adolescents, meeting their distinct nutritional requirements throughout various stages of growth and development. Targeting individuals up to 18 years old, these dietary supplements aim to complement their diets.
These supplements encompass a range of product types including vitamins, minerals, probiotics, omega-3 fatty acids, amino acids, and more. Vitamins, indispensable for bodily functions and development, are organic nutrients that the body cannot synthesize adequately on its own. Available in forms such as gummies, chewables, liquids, powders, and tablets, these products are accessible through diverse channels such as pharmacies, supermarkets, online retailers, and specialty stores, catering to age groups spanning from infants to adolescents. Their applications span immunity enhancement, brain and cognitive support, bone and dental health, gastrointestinal support, overall well-being, and more.
The pediatric supplements market research report is one of a series of new reports that provides pediatric supplements market statistics, including pediatric supplements industry global market size, regional shares, competitors with a procedure trays market share, detailed pediatric supplements market segments, market trends, and opportunities, and any further data you may need to thrive in the pediatric supplements industry. This pediatric supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pediatric supplements market consists of sales of parents and caregivers, healthcare professionals, children and adolescents and schools and daycare centers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Pediatric Supplements Market Characteristics3. Pediatric Supplements Market Trends and Strategies32. Global Pediatric Supplements Market Competitive Benchmarking33. Global Pediatric Supplements Market Competitive Dashboard34. Key Mergers and Acquisitions in the Pediatric Supplements Market
4. Pediatric Supplements Market - Macro Economic Scenario
5. Global Pediatric Supplements Market Size and Growth
6. Pediatric Supplements Market Segmentation
7. Pediatric Supplements Market Regional and Country Analysis
8. Asia-Pacific Pediatric Supplements Market
9. China Pediatric Supplements Market
10. India Pediatric Supplements Market
11. Japan Pediatric Supplements Market
12. Australia Pediatric Supplements Market
13. Indonesia Pediatric Supplements Market
14. South Korea Pediatric Supplements Market
15. Western Europe Pediatric Supplements Market
16. UK Pediatric Supplements Market
17. Germany Pediatric Supplements Market
18. France Pediatric Supplements Market
19. Italy Pediatric Supplements Market
20. Spain Pediatric Supplements Market
21. Eastern Europe Pediatric Supplements Market
22. Russia Pediatric Supplements Market
23. North America Pediatric Supplements Market
24. USA Pediatric Supplements Market
25. Canada Pediatric Supplements Market
26. South America Pediatric Supplements Market
27. Brazil Pediatric Supplements Market
28. Middle East Pediatric Supplements Market
29. Africa Pediatric Supplements Market
30. Pediatric Supplements Market Competitive Landscape and Company Profiles
31. Pediatric Supplements Market Other Major and Innovative Companies
35. Pediatric Supplements Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Pediatric Supplements Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on pediatric supplements market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for pediatric supplements? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pediatric supplements market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Vitamins; Minerals; Probiotics; Omega-3 Fatty Acids; Amino Acids; Other Product Types2) By Form: Gummies; Chewable; Liquids; Powders; Tablets; Other Forms
3) By Distribution Channel: Pharmacies; Supermarkets Or Hypermarkets; Online Retailers; Specialty Stores; Other Distribution Channels
4) By Age Group: Infants; Toddlers; Middle Childhood; Adolescents
5) By Application: Immunity Enhancement; Brain And Cognitive Support; Bone And Teeth Support; Gastrointestinal Support; General Well-being; Other Applications
Key Companies Mentioned: Nestlé S.A.; Archer Daniels Midland Company; Pfizer Inc.; BASF SE; Johnson & Johnson (JNJ)
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Nestlé S.A.
- Archer Daniels Midland Company
- Pfizer Inc.
- BASF SE
- Johnson & Johnson (JNJ)
- The Procter & Gamble Company
- Bayer AG
- Sanofi S.A.
- Abbott
- Beximco Pharmaceuticals Limited
- Danone S.A.
- Reckitt Benckiser Group plc
- Otsuka Pharmaceutical Co. Ltd.
- DuPont de Nemours Inc.
- Koninklijke DSM N.V.
- Alexion Pharmaceuticals Inc.
- Church & Dwight Co. Inc.
- Perrigo Company
- Glenmark Pharmaceuticals Ltd.
- Himalaya Wellness Company
- Hero Nutritionals Inc.
- Bioglan Pty Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.92 Billion |
Forecasted Market Value ( USD | $ 5.25 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |
No. of Companies Mentioned | 22 |