DUBLIN–(BUSINESS WIRE)–May 4, 2022–
Global Women’s Health and Beauty Supplements Market was valued at USD 57,280.90 Million in 2020 and is projected to reach USD 206,885.20 Million by 2030 at a CAGR of 12.4% during the forecast period.
Rising levels of health and wellness awareness along with growing adoption of an active lifestyle are expected to drive the demand for the products. Women turn to preventive health care and consume vitamins and minerals. Additionally, the COVID-19 pandemic has resulted in heightened awareness of physical, mental and emotional health and increased implementation of self-care among consumers. This, in turn, has increased the adoption of health and beauty supplements. Additionally, consumers have also started embracing vitamins, minerals and herbs to boost immunity. They are usually consumed to improve the body’s metabolism and reduce the occurrence of lifestyle disorders.
According to the Council for Responsible Nutrition (CRN) consumer survey, more than 70% of women in the United States (approximately 113 million consumers) prefer to take supplements on a regular basis. The same survey reveals that top concerns with taking dietary supplements, such as general well-being, account for 57%, bone health 31% and healthy aging 27%. Along with a significant societal shift towards a preventative and healthier lifestyle, coupled with a growing number of consumers, including children and the elderly, the choice of nutritional supplements in their daily routines is expected to propel the growth of the global women’s health and beauty supplements market. However, marketing of fake products and violation of product label regulations is expected to restrain the growth of the women’s health and beauty supplements market.
The global women’s health and beauty supplements market is segmented on the basis of product, consumer group, application, distribution channel, and region.
North America accounted for the largest market share in 2019 and is expected to maintain its dominance throughout the forecast period. This is attributed to factors such as the presence of major market players in this region who are introducing quality products to capture maximum market share. Additionally, government support for research and development and availability of funds for research is fueling the growth of the market. Moreover, the United States is the target area of the major players in the market, due to the high awareness of dietary supplement devices. However, Asia-Pacific and LAMEA are expected to emerge as lucrative areas with maximum growth potential, due to investments in new inventions, general economic conditions, increasing numbers of athletes and sports professionals. sport, increased economy and increased health and disease risks. , which can be controlled by the consumption of dietary supplements.
The major companies operating in the market are Herbalife International of America Inc., GNC Holdings Inc., The Nature’s Bounty Co, Bayer AG, Garden of Life (Nestle), Suntory Holdings Limited, Taisho Pharmaceutical Co. Ltd., Swisse Wellness Pty. Ltd., Pharmavite LLC and Pfizer Inc.
MAIN BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global Women’s Health and Beauty Supplements market along with current trends and future estimations to elucidate impending investment pockets.
- It offers a quantitative analysis from 2020 to 2030, which should enable stakeholders to capitalize on existing market opportunities.
- Major market players and their strategies have been analyzed to understand the competitive outlook of the global Women’s Health and Beauty Supplements market.
LIST OF KEY PLAYERS PROFILED IN THE REPORT
- Herbalife International of America Inc.
- GNC Management Inc.
- Nature’s Bounty Co
- Bayer AG
- Garden of Life (Nestlé)
- Suntory Holdings Limited
- Taisho Pharmaceutical Co. Ltd.
- Swisse Wellness Pty. ltd.
- Pharmavite LLC
- Pfizer Inc.
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Main results of the study
CHAPTER 3: MARKET OVERVIEW
3.1. Definition and scope of the market
3.3. Porter’s Five Forces Analysis
126.96.36.199. Healthy aging and proactive consumption of nutritional interventions
188.8.131.52. Increase in the number of health problems and various diseases among women
184.108.40.206. Strict rules and regulations
220.127.116.11. High cost of health and beauty supplements
18.104.22.168. Increased awareness of health and beauty supplements among the female population
3.5. Impact of COVID-19 on the Women’s Health and Beauty Supplements Market
CHAPTER 4: WOMEN’S HEALTH AND BEAUTY SUPPLEMENTS MARKET, BY PRODUCT
CHAPTER 5: HEALTH AND BEAUTY SUPPLEMENTS FOR WOMEN BY CONSUMER GROUP
CHAPTER 6: WOMEN’S HEALTH AND BEAUTY SUPPLEMENTS MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: WOMEN’S HEALTH AND BEAUTY SUPPLEMENTS MARKET, BY APPLICATION
CHAPTER 8: WOMEN’S HEALTH AND BEAUTY SUPPLEMENTS MARKET, BY REGION
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INDUSTRY KEYWORD: COSMETICS RETAIL HEALTH CONSUMER WOMEN FITNESS & NUTRITION
SOURCE: Research and Markets
Copyright BusinessWire 2022.
PUBLISHED: 05/04/2022 05:11 AM/DISC: 05/04/2022 05:11 AM
Copyright BusinessWire 2022.