Market Analysis on Women’s Health And Beauty Supplements Industry – Insights for Corporate Strategy and R&D
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What Is the Forecast for the Women’s Health And Beauty Supplements Market from 2024 to 2025?
The market for women’s health and beauty supplements has seen robust expansion in recent times. Its size is projected to increase from $82.71 billion in 2024 to $91.6 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 10.8%. Factors such as an aging population, alterations in lifestyle, inclination towards natural and organic products, preventive health care steps, focus on skin wellness, research and innovations in nutraceuticals, and medical recommendations and endorsements have contributed to the growth in the past period.
What Is the Projected Market Size of the Women’s Health And Beauty Supplements Market?
In the upcoming years, the market size for women’s health and beauty supplements is slated for speedy expansion. By 2029, a growth to $144.39 billion is projected at a 12.0% compound annual growth rate (CAGR). The anticipated growth during the forecast period can be linked to innovative ingredient compositions, the growth of the skincare and beauty sector, sustainable and ethical measures, changes in beauty standards, improved delivery systems, as well as awareness campaigns for women’s health. The major trends identified during the forecast period incorporate digital health and e-commerce, the beauty-from-within principle, support during menopause, products derived from CBD and hemp, supplementation of collagen, customized nutrition, inclusion of anti-aging ingredients, and support for a fit and active lifestyle.
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Who are the Major Competitors in the Women’s Health And Beauty Supplements Market Outlook?
Major companies operating in the women’s health and beauty supplements market are Herbalife Nutrition Ltd., GNC Holdings Inc., Nature’s Bounty, Inc., Bayer AG, Nestlé SA, Suntory Holdings Limited, Taisho Pharmaceutical Co., Ltd., Swisse, Pfizer Inc., Himalaya Wellness Company, Blackmores Limited, Standard Process Inc., FANCL Corporation, Asahi Group Holdings Ltd., Usana Health Sciences, Inc., Nu Skin Enterprises, Inc., BY-Health Co., Ltd., Sun Pharmaceutical Industries Ltd. (Revital), Oziva, Amway Global Corporation, Avon Products Inc., Beiersdorf AG, Church & Dwight Co., Inc., Colgate-Palmolive Company, Coty Inc., The Estée Lauder Companies Inc., The Procter & Gamble Company, Reckitt Benckiser Group PLC, Henkel AG & Co. KGaA, Johnson & Johnson, Kao Corporation, Otsuka Holdings Co. Ltd., Shiseido Company Ltd., The Clorox Company, The Himalaya Drug Company, The Proactiv Company LLC, Unilever plc
What Is Fueling Growth in the Women’s Health And Beauty Supplements Market?
The rise in conditions like anemia and arthritis among women is propelling advancements in the market for women’s health and beauty supplements. These conditions indicate abnormalities in the body’s function, often illustrated by certain signs and symptoms. An inadequate intake of crucial vitamins and minerals over an extended period can lead to conditions like anemia and arthritis among women. Supplements, including elements like vitamin B12 and calcium, can contribute towards managing and even preventing these conditions. The escalating rate of these disorders among women is augmenting the growth of the market for women’s health and beauty supplements. The Centers for Disease Control and Prevention (CDC), a public health agency based in the US, anticipates that by 2040, an estimated 78.4 million adults over 18 years will be clinically diagnosed with arthritis, and approximately 66% (two-thirds) of these will be women. Consequently, the rise in conditions like anemia and arthritis among women is fueling the growth of the women’s health and beauty supplement sector.
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Which Women’s Health And Beauty Supplements Market Segments Are Growing the Fastest?
The women’s health and beauty supplements market covered in this report 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, Women’s Health
5) By End-Users Age Group: Below 18 Years, 18 Years – 36 Years, 36 Years – 54 Years, 54 Years And Above
Subsegments:
1) By Vitamins: Vitamin A, Vitamin B Complex, Vitamin C, Vitamin D, Vitamin E
2) By Minerals: Calcium, Magnesium, Iron, Zinc, Selenium
3) By Enzymes: Digestive Enzymes, Coenzyme Q10 (CoQ10), Bromelain, Papain
4) By Botanicals: Herbal Extracts, Phytonutrients, Adaptogens
5) By Proteins: Collagen Peptides, Whey Protein, Plant-based Proteins
6) By Omega-3: Fish Oil, Algal Oil, Flaxseed Oil
7) By Probiotics: Lactobacillus, Bifidobacterium, Saccharomyces Boulardii
8) By Other Products: Antioxidants, Hyaluronic Acid, Keratin Supplements, Biotin
Which Industry Trends Are Shaping the Future of the Women’s Health And Beauty Supplements Market?
The trend of product innovation is increasingly gaining traction in the market for women’s health and beauty supplements. Major market players are honing their focus on the creation of novel products, including supplements targeted at perimenopause, complemented by digital support solutions to enhance women’s mental and emotional wellbeing. These innovative steps provide key players with a competitive advantage. For example, in March 2024, SIRIO Pharma, a contract development and manufacturing organization based in China, launched the personalized SIRIO Women’s Health Platform. This platform is specifically tailored to address a variety of health needs for women across different stages of life, from puberty to post-menopause. The platform encompasses a range of 25 formulations that address issues like menstrual care, fertility, prenatal and postnatal care, and menopause support. Key features of the platform include products designed for the relief of menstrual symptoms and formulations that promote reproductive health.
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Which Countries Are Leading the Women’s Health And Beauty Supplements Market?
Asia-Pacific was the largest region in the women’s health and beauty supplements market share in 2024. Middle East & Africa are expected to be the fastest-growing regions in the forecast period. The regions covered in the women’s health and beauty supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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This Report Delivers Insight On:
1. How big is the women’s health and beauty supplements market, and how is it changing globally?
2. Who are the major companies in the women’s health and beauty supplements market, and how are they performing?
3. What are the key opportunities and risks in the women’s health and beauty supplements market right now?
4. Which products or customer segments are growing the most in the women’s health and beauty supplements market?
5. What factors are helping or slowing down the growth of the women’s health and beauty supplements market?
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