Analysis of Nutritional Supplements' Price Change in Turkiye

ABSTRACT

Objectives: Nutritional supplements are products prepared in various forms to supplement daily nutrition, with a daily intake dose. COVID-19 pandemic increased the use of supplements which may reflect the increase of price. In this study, it was aimed to evaluate the changes in the prices of nutritional supplements containing antioxidant, fish oil, glucosamine, collagen, probiotic, probiotic and vitamin-mineral in the last 1 year during COVID-19 pandemic for Turkiye. Method(s) In this study, the price changes of the top 24 most sold products belonging to 7 subgroups of the nutritional supplements group were examined in Turkiye. The data of the study were obtained from the websites (www.akakce.com;www.cimri.com) where the prices of nutritional supplements are presented. The price changes of 7 subgroups determined during the evaluation between 08.04.2021 and 08.04.2022 were analyzed. For these price changes, calculations were conducted for each group and general price change rates were calculated. The analyzes of the study were conducted through the Microsoft Office Excel program. Result(s) As a result of the analysis, the highest price change rate was observed for glucosamines with 49.80%, while the lowest average price change rate was observed for collagen with 4.47% in Turkiye. The average price change of the groups, except for the collagen, fish oil and propolis groups, increased by more than 30%. The average price change rate of 7 different groups taken as a basis is 29.41%. Conclusion(s) As a result of the analysis, it is seen that a price increase is present in all nutritional supplement groups examined in Turkiye. For the price increase between the determined dates, it is thought that people prefer food supplements to protect and strengthen their immune system due to the COVID-19 pandemic which influences the whole world. Copyright © 2022