How big is the South Africa Nutraceuticals Market?

The South Africa Nutraceuticals Market size is expected to reach USD 3.95 billion in 2024 and grow at a CAGR of 4.60% to reach USD 4.95 billion by 2029. Read More

What is the current South Africa Nutraceuticals Market size?

In 2024, the South Africa Nutraceuticals Market size is expected to reach USD 3.95 billion. Read More

Who are the key players in South Africa Nutraceuticals Market?

Herbalife Nutrition, Genesis Nutritional Product, GlaxoSmithKline PLC, The Kellogg Company and Nestlé S.A. are the major companies operating in the South Africa Nutraceuticals Market. Read More

What years does this South Africa Nutraceuticals Market cover, and what was the market size in 2023?

In 2023, the South Africa Nutraceuticals Market size was estimated at USD 3.78 billion. The report covers the South Africa Nutraceuticals Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Nutraceuticals Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Nutraceuticals in South Africa Market - Companies, Revenue & Size

Nutraceuticals in South Africa Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers South Africa Nutraceuticals Market Growth and it is Segmented by Type (Functional Food, Functional Beverage, and Dietary Supplements) and by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Drug Stores/Pharmacies, Online Retail Stores, and Other Distribution Channels). The market size and forecasts are provided in terms of value (USD million) for all above segments.

South Africa Nutraceuticals Industry Overview

South Africa is considered one of the unhealthiest nations, with half of all South African adults classified as overweight or obese. Childhood obesity is also rising due to inappropriate feeding practices for infants and young children. Hence, there are immense opportunities for nutraceutical manufacturers to cater to the needs of the health-deprived population by launching various products in the market. Players in the market have capitalized on their existing product portfolios or new product launches to establish market dominance. New product launches and partnerships remain some of the major moves among the key players in the market. The major players in the market studied include GlaxoSmithKline PLC (GSK), Nestlé S.A., and Herbalife Nutrition, among others.