Snapshot of Germany’s Supplement Market
The German vitamin, mineral, and supplement market reached $2.1 billion in retail sales, according to Euromonitor, with an estimated growth of 6% between 2020 and 2024.1 The top five companies in the space hold 34% of the market share, while 16% of retail sales in vitamins, minerals, and supplements are private label.2
Increased Focus on Immune System Health
To better understand how German consumers’ preferences and behaviors regarding vitamins, minerals, and supplements might have changed in the wake of the COVID-19 outbreak, Mintel asked consumers directly. According to Mintel, 35% of German users of vitamins, minerals, or supplements used those products to support their immune system as a result of COVID-19.3 In addition, 14% of German users have increased the number of vitamins, minerals, or supplements they’re taking, with immune health being the biggest driver.4