Women’s Health and Beauty Supplements Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030
Women’s Health and Beauty Supplements Market: Overview
The women’s health and beauty supplements market has been projected to expand at a noticeable speed in the following years. These growth impetuses in the global market are attributed to the growing awareness related to wellness and health across the world. Furthermore, increasing adoption of the active lifestyle among the global population is also expected to drive the expansion opportunities in the market during the forecast period.
Increasing disposable income and the growing count of working women are likely to drive the growth impetus in the global market. Along with this, the rising geriatric population and growing women empowerment are also some pivotal factors to drive market growth.
Women’s Health and Beauty Supplements Market: Key Trends
Women in recent years have been shifting their concentration towards preventive healthcare. Along with this, these folks are also consuming minerals and vitamins for better healthcare solutions. Furthermore, the sudden emergence of COVID-19 cases around the world has also increased the awareness among people related to emotional, mental, and physical health. Consumers are giving more time for self-care during and post-pandemic periods. Thus, on the basis of these factors, there has been a rapid increase in the adoption of health as well as beauty supplements. Consumers have started to adopt botanicals, minerals, and vitamins in order to boost immunity. Thus, based on these factors, the women’s health and beauty supplements market is predicted to grow at a rapid pace in near future.
Increased demand for the natural healthcare products that come with the benefits, such as strengthening the bones, and relieving menopause symptoms are predicted to bolster expansion avenues in the women’s health and beauty supplements market during the forecast period.
Women’s Health and Beauty Supplements Market: Competitive Dynamics and Key Developments
The key players in the women’s health and beauty supplements market are taking initiatives to develop novel growth opportunities in the following years. Technological advancements due to increased R & D activities with rising investments are serving as one of the key strategies to boost the market growth. Along with this, these players are also incorporating some other growth strategies such as geographical expansions, development and launching of products, collaboration with various other players in the industry, expansion of distribution network, mergers & acquisitions, and portfolio diversion to gain a competitive edge in the global market.
For instance, NYUMI has introduced five new supplements for Urinary Tract Infection (UTI), sleep, hair, skin, and immunity in June 2021.
The key players in the women’s health and beauty supplements market are:
Women’s Health and Beauty Supplements Market: Regional Assessment
The women’s health and beauty supplements market has been divided into Latin America, the Middle East & Africa, Asia Pacific, Europe, and North America on the basis of geographical locations. The Asia Pacific region has been estimated to account for the largest share of the market revenue across the world. This market dominance has been attributed to the rising awareness as well as the adoption of women’s health and beauty supplements in recent years. In addition to this, an increased number of working women and rising disposable income are also driving growth avenues in the regional market. Further, the rising number of elderly women is also responsible to boost the demand avenues in the regional market. Menopause, arthritis, osteoporosis, and heart diseases among these women are likely to support the expansion avenues in the market during the forecast period.
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