The Women’s Health And Beauty Supplements Global Market Report 2023 by The Business Research Company, provides women’s health and beauty supplements market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Women’s Health And Beauty Supplements Global Market Report 2023, the global women’s health and beauty supplements market size is expected to grow from $68.03 billion in 2022 to $74.99 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the women’s health and beauty supplements market is expected to grow to $111.42 billion in 2027 at a CAGR of 10.4%.
Various disorders in women such as anemia and arthritis are driving the growth of the women’s health and beauty supplements market. Disorders refer to an abnormality in the functioning of the body that presents certain signs and symptoms. Deficiency of certain essential vitamins and minerals in the diet for a prolonged period can commonly cause disorders such as anemia and arthritis in women. The intake of health supplements such as vitamin B12, and calcium can help in preventing and controlling these disorders. With the increase in the disorders in women, the market for women’s health and beauty supplements is seeing an increasing growth.
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The women’s health and beauty supplements market is segmented:
1) By Product: Vitamins, Mineral, Enzymes, Botanicals, Proteins, Omega-3, Probiotics, Other Products
2) By Consumer Group: Prenatal, Postnatal, PMS (Premenstrual Syndrome), Perimenopause, Postmenopause, Other Consumer Group
3) By Distribution Channel: Hypermarkets And Supermarkets, Health And Beauty Retail Stores, Drug Stores, Online Pharmacies And E-Commerce Sites
4) By Application: Beauty, Womens Health
5) By End-Users Age Group: Below 18 Years, 18 Years – 36 Years, 36 Years – 54 Years, 54 Years And Above
Product innovation is a key trend gaining popularity in the women’s health and beauty supplements market. Major companies operating in the women’s health and beauty supplements market are focused on innovating new products such as perimenopause-focused supplements along with digital support solutions to improve the mood and mind of women. Such innovations enable key players to gain a competitive edge in the market. For instance, in September 2021, Health & Her, a UK-based female health-focused supplements company introduced an innovative product named Perimenopause MIND+ which contains a blend of vitamins and minerals that help women with hormonal balance, psychological function, and nervous system amongst other issues and aids in cognitive function and concentration. This supplement is to be used with the technologically advanced menopause tracker that uses app technology to offer advice to women to improve their experience with the product.
The women’s health and beauty supplements market report table of contents includes:
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Top Major Players
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