Market Share of South Africa Nutraceuticals Industry
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.
South Africa Nutraceuticals Market Leaders
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Herbalife Nutrition
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Genesis Nutritional Product
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GlaxoSmithKline PLC
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The Kellogg Company
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Nestlé S.A.
*Disclaimer: Major Players sorted in no particular order
