The global women health food & supplement market size was estimated to be US$ 48.5 billion in 2020 and is expected to reach US$ 90.1 billion by 2031 at a CAGR of 5.8%.
Women are at a higher danger of sicknesses like osteoporosis, osteoarthritis, iron deficiency, feminine health-related problems, sorrow, and stoutness. Subsequently, expanding occurrences of these conditions are probably going to help the market development in the coming years.
For makers in the safe and sound women health supplements market, the significant concern is to discover all around perceived ingredients that can fulfill these needs of buyers to support their resistance against illnesses. An increment in the number of disorders in women aged 60 and above, an ascent in the appropriation of unhealthy way of life propensities, and the presentation of novel medications for women are a portion of the aspects that drive the market development.
As per the CDC, about 13.0% of women between the age of 16 and 46 in U.S. have trouble conceiving. Consequently, these factors drive the requirement for treating these health conditions, thus, driving the market for women's health supplement and food items.
Governments and different private associations are fixated on women's health across the globe. Financial assistance provided to women is one of the key factors expected to drive the market in developed nations. For example, different coverage designs in U.S. offer preventive types of assistance for women with no co-payment charges.
As per the International Osteoporosis Foundation (IOF), the worldwide frequency of osteoporosis among females is postulated to reach 687 million up until 2050. Besides, breast malignant growth, cardiovascular infections, and mental illnesses altogether add to the weight of non-communicable sicknesses.
Women probably begin to go through menopause after the age of 48 wherein they experience hormonal changes that influence the overall women's health for the long term. About 77 percent of postmenopausal women undergo hot flashes. Supplements like Prebiotics and Prebiotics play an important part in keeping up in susceptibility of the human body. Particularly during COVID-19 outbreak. Attributable to this unequivocal interest in nutrients and health supplements, the Global Immune Health Supplements Market is seen ascending during 2022-2032.
Another consequence of the global pandemic is the rising interest for insusceptibility and respiratory health supplement items. Nutrient and mineral supplements, natural nutrition, and protein supplements are displaying popularity. Nutrients are among the most fundamental supplements that are needed to fortify the immune framework.
Market players are fixated on acquiring FDA endorsement for new formulas to forestall misfortune in incomes post-patent expiry. Rising customer buying power conjoined with the openness of various brands is making a superior situation for the safe health supplements market in these nations. Also, prospering web trade of supplement items is another contributing component to showcase development during 2022-2032.
Global Women Health Food & Supplement Market Value Share Analysis, by Geography (2022)
The report titled “Global Women Health Food & Supplement Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Women Health Food & Supplement Market.
Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Women Health Food & Supplement market is segmented on the basis of Product, Application, Age group, Consumer group, Sales channel, and region. Based on Product, the Women Health Food & Supplement market is segmented into Vitamins, Minerals, Enzymes, Botanicals, Proteins, Omega-3, Probiotics, and others. Based on Application, the Women Health Food & Supplement market is segmented into Beauty (Skin Care, Hair Care, Nail Care), Women’s Health, and others. Based on Age group, the Women Health Food & Supplement market is segmented into Age 15-30, Age 31-50, Age 51-70, Above 70 Years, and others. Based on Consumer group, the Women Health Food & Supplement market is segmented into Prenatal, Postnatal, PMS, Primenopause, Postmenopause, and others. Based on Sales channel, the Women Health Food & Supplement market is segmented into Online, Offline Channels, Direct Sales, Pharmacies/ Drug Stores, and other.
Based on geography, the Global Women Health Food & Supplement Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada, and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Women Health Food & Supplement Market. Further, market share of prominent companies in the Global Women Health Food & Supplement Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Women Health Food & Supplement companies. The Global Women Health Food & Supplement Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the Women Health Food & Supplement business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Women Health Food & Supplement Market.
The key players of the Global Women Health Food & Supplement Market are Herbalife International of America Inc., Asahi Group Holdings, GNC Holdings Inc., The Nature’s Bounty Co, Bayer AG, Suntory Holdings Limited, Taisho Pharmaceutical Co. Ltd., Swisse Wellness Pty. Ltd., Garden of Life (Nestle), Pharmavite LLC, Pfizer Inc., Blackmores, Fancl Corporation, Nu Skin Enterprises, By Health Co. Ltd, Revital Ltd., The Himalaya Drug Company, Usana Health Sciences, Vita Life Sciences, Grape King Bio Ltd., Standard Foods Corporation, and others.
Global Women Health Food & Supplement Market Key Segments:
Based on Product
Based on Application
Based on Age Group
Based on Consumer Group
Based on Sales Channel
The global Women Health Food & Supplement market was worth US$ 48.5 billion in 2020.
The global Women Health Food & Supplement market is expected to register a CAGR of 5.8% between 2022 and 2032.
Herbalife International of America Inc., Asahi Group Holdings, GNC Holdings Inc., The Nature’s Bounty Co, Bayer AG, Suntory Holdings Limited are few prominent players active in the market.
North America is the principal contributor to the global Women Health Food & Supplement market.
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