The PMS and Menstrual Health Supplements by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s PMS and Menstrual Health Supplements, The pms and menstrual health supplements market size has grown strongly in recent years. It will grow from $24.53 billion in 2023 to $26.23 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to increasing awareness of women’s health, changing lifestyles and dietary patterns, growing recognition of pms symptoms, consumer education and health information, shift in cultural attitudes towards women’s health..
The pms and menstrual health supplements market size is expected to see strong growth in the next few years. It will grow to $35.19 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rising emphasis on holistic health, increased adoption of herbal and natural supplements, e-commerce growth and accessibility, targeted marketing and education, changing demographics and women’s health prioritization.. Major trends in the forecast period include transparency and ingredient traceability, collaborations with healthcare professionals, social media influence, environmental sustainability, cultural and diversity considerations..
The increase in demand for menstrual hygiene products is expected to propel the growth of the PMS and menstrual health supplement markets going forward. Menstrual hygiene products are personal care items used to absorb or collect blood, vaginal discharge, and vaginal functions during your period. Menstrual hygiene products for menstrual discharge include disposable menstrual pads, reusable cloth menstrual pads, tampons, and the menstrual cup. PMS and menstrual health supplement products play an important role in the empowerment and well-being of women and girls, so the demand for menstrual hygiene products is increasing. For instance, in February 2021, according to Plastic Oceans International, a US-based non-profit working to end plastic pollution, estimated that nearly 45 billion menstrual products are used globally each year, with a pad user using an additional 4,125 plastic bags on average over their lifetime. Therefore, the increase in demand for menstrual hygiene products is driving the growth of the PMS and menstrual health supplement markets going forward.
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The pms and menstrual health supplements market covered in this report is segmented –
1) By Products: Combined Nutritional Supplements, Single Nutritional Supplements
2) By Formulation: Softgels, Capsules/Tablets, Powder, Others Types
3) By Consumer Group: Perimenopause, Premenstrual Syndrome (PMS)
4) By Sales Channel: Direct Sales Channel, Online Sales Channel, Pharmacies/Drug Stores, Other Offline Channels
Product innovations are a key trend gaining popularity in the PMS and menstrual health supplement markets. Major companies operating in the PMS and menstrual health supplement markets are introducing innovative products to sustain their position in the market. For instance, in May 2020, AbbVie Inc., a US-based pharmaceutical company, introduced the ‘ORIAHNN’. It is the first non-surgical, oral medication option approved by the FDA for premenopausal women experiencing heavy menstrual bleeding due to uterine fibroids. The primary endpoint of ORIAHNN was met, with seven out of ten women no longer experiencing heavy menstrual bleeding compared to one out of ten women on placebo (P 0.001 for both). It also reduces heavy menstrual bleeding caused by uterine fibroids by half within the first month of use.
The pms and menstrual health supplements market report table of contents includes:
1. Executive Summary
2. PMS and Menstrual Health Supplements Market Characteristics
3. PMS and Menstrual Health Supplements Market Trends And Strategies
4. PMS and Menstrual Health Supplements Market – Macro Economic Scenario
5. Global PMS and Menstrual Health Supplements Market Size and Growth
6. PMS and Menstrual Health Supplements Market Segmentation
7. PMS and Menstrual Health Supplements Market Regional And Country Analysis
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27. PMS and Menstrual Health Supplements Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The PMS and Menstrual Health Supplements Market
29. PMS and Menstrual Health Supplements Market Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Herbalife International of America Inc.
- Pharmavite LLC
- The Nature’s Bounty Co.
- Amway Corp.
- GNC Holdings LLC
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