The Business Research Company’s Mens Health Supplements Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Mens Health Supplements Global Market Report 2023 evaluates mens health supplements market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global men’s health supplements market is expected to grow from $67.49 billion in 2022 to $74.05 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The men’s health supplements market is expected to reach $108.25 billion in 2027 at a CAGR of 10%.
Increasing nutritional deficiencies among men are expected to propel the growth of the men’s health supplement market going forward. Nutrient deficiencies occur when the body does not get enough essential vitamins, minerals, and other nutrients required for proper functioning and optimal health. Male health supplements are a potential way to fill nutrient gaps and enhance overall well-being, considering the rising incidence of nutritional deficiencies in males. Supplements for men’s health support a balanced diet by supplying necessary vitamins, minerals, and other nutrients that may be missing from regular food intake. For instance, in November 2022, according to HealthMatch, an Australia-based digital health company, in the US, 50% of children under the age of five and 70% of children between the ages of six and eleven had insufficient vitamin D reserves, compared to 42% of deficient adults. Further, in 2021, according to FLHealthCharts, a US-based provider of easy access to health indicator data, deaths from Nutritional Deficiencies (All) had an age-adjusted rate of 4.1 per 100,000 people in Alachua County. Therefore, increasing nutritional deficiencies among men are driving the growth of the men’s health supplement market.
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The mens health supplements market segments in the report are:
1) By Type: Sports Supplements, Reproductive Health Supplements, Bone And Joint Health Supplements, Cardiovascular Health Supplements, Probiotic Supplements, Anti-Aging Supplements, Hair Growth Supplements, Weight Management Supplements, Immune Health Supplements, Other Types
2) By Age Group: 20-30, 31-45, 46-60, Above 60
3) By Formulation: Tablets, Capsules, Liquids, Powders, Gummies, Other Formulations
4) By Distribution Channel: Online, Offline
The table of contents in TBRC’s mens health supplements market report includes:
1. Executive Summary
2. Men’s Health Supplements Market Characteristics
3. Men’s Health Supplements Market Trends And Strategies
4. Men’s Health Supplements Market – Macro Economic Scenario
5. Men’s Health Supplements Market Segmentation
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26. South America Men’s Health Supplements Market27. Brazil Men’s Health Supplements Market
28. Middle East Men’s Health Supplements Market
29. Africa Men’s Health Supplements Market
30. Men’s Health Supplements Market Competitive Landscape And Company Profiles
Top Major Players:
- Haleon plc
- Herbalife Nutrition Ltd
- GNC Holdings LLC
- Vitamin Shoppe Inc
- Biotest LLC
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