Global women’s health and beauty supplements market is expected to foresee significant growth during the forecast period. Asia-pacific to witness the highest growth
- Vikas Kumar
- February 26, 2022
- HEALTHCARE, NEWS
- Women’s health and beauty supplements market Growth, Women’s health and beauty supplements market news, Women’s health and beauty supplements market Share, Women’s health and beauty supplements market size, Women’s health and beauty supplements market trend
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Global women’s health and beauty supplements market is expected to grow significantly by 2027 expanding at a reasonable CAGR of around 5% during the forecast period (2021-2027). Health and Beauty Supplements are products that are manufactured for supplementing one’s diet by taking a pill, capsule, tablet, powder, or liquid. These supplements provide nutrients that are extracted from different food sources or that are synthetic for increasing the consumption quantity.
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The global women’s health and beauty supplements market is anticipated to witness an uptick owing to the rising awareness levels about health and wellness coupled with the shifting focus of women towards preventative healthcare. In the United States, nearly 30% of menstruating women and 42% of young & pregnant women were suffering from iron deficiency in 2018. Also, in 2018, around 25.3% of women in the United Kingdom were iron deficient, 24.3% were potassium deficient, and 50.3% had an inadequate dietary intake of selenium, according to the National Diet and Nutrition Survey. These growing instances of nutrient deficiency in women globally are creating a huge demand for women’s health and beauty supplements.
Additionally, The demand for various health and beauty supplements among females has been increasing globally because of the increase in the number of working women as they are much more concerned regarding their well-being. For instance, Overall, at the end of 2021, women had the highest rate of labor force participation since March 2020, the first month of the pandemic, at 57.8%.
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Based on product, the market is segmented into vitamins & minerals, botanicals, proteins & amino acids, enzymes, and others. The vitamins & minerals segment grabbed an XX% share of the global ambulatory EHR market and will witness a considerable CAGR of XX% during the forecast period (2021-2027F). The vitamins & minerals segment accounted for the largest market share in 2020 it is estimated that it will exhibit the highest CAGR during the forecast owing to the growing demand for vitamins such as vitamin C, D, and B among the consumers for boosting their immunity. However, the enzymes segment is anticipated to grow at the fastest CAGR in the upcoming years.
Based on the consumer group, the global women’s health and beauty supplements market is segmented into pre & postnatal, premenstrual syndrome (PMS), menopause, and others. The PMS occupied a substantial share and is expected to grow at a CAGR of XX% during the forecast period 2021-2027 owing as the majority of the females suffer from some PMS symptoms during their reproductive age. For instance, according to the study on PMS prevalence among different countries across the globe, nearly 47.8% of women have PMS.
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Additionally, the report provides detailed report also provides insights into the global ambulatory EHR market according to the regions such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. Asia-Pacific dominated the market and generated revenue of USD xx billion in 2020 owing to the well-established market players and frequent product launches.
Amway, Herbalife International of America Inc., GNC Holdings Inc., Nu Skin Enterprises, Organic Harvest, Pfizer, Inc., Pharmavite LLC, The Nature’s Bounty Co., Vita Life Sciences, Taisho Pharmaceutical Co. Ltd., are some of the key players operating in the global women’s health and beauty supplements market. Several M&As along with partnerships have been undertaken by these players to develop new health and beauty supplements.
Global Women’s Health and Beauty Supplements Market Segmentation
Market Insight, by Product
- Vitamins & Minerals
- Proteins & Amino Acids
Market Insight, by Consumer Group
- Pre & Postnatal
- Premenstrual Syndrome
Market Insight, by Application
- Women’s Health
Market Insight, by Distribution Channels
Market Insight, by Region
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
- Rest of World
Top Company Profiles
- Herbalife International of America Inc.
- GNC Holdings Inc.
- Nu Skin Enterprises
- Organic Harvest
- Pfizer, Inc.
- Pharmavite LLC
- The Nature’s Bounty Co.
- Vita Life Sciences
- Taisho Pharmaceutical Co. Ltd.