Global Women's Health market size 2024, Forecast To 2033
4 Mar, 2024
The women’s health and beauty supplements market size has grown rapidly in recent years. It will grow from $75.41 billion in 2023 to$83.65 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to aging population, lifestyle changes, preference for natural and organic products, preventive healthcare measures, emphasis on skin health, research and development in nutraceuticals, medical recommendations and endorsements. The women’s health and beauty supplements market size is expected to see rapid growth in the next few years. It will grow to $129.04 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to innovation in ingredient formulations, expansion of beauty and skincare industry, sustainable and ethical practices, cultural shifts in beauty standards, advanced delivery systems, educational campaigns on women's health. Major trends in the forecast period include digital health and e-commerce, beauty-from-within concept, menopause support, CBD and hemp-derived products, collagen supplementation, personalized nutrition, integration of anti-aging ingredients, fitness and active lifestyle support.
Global Women's Health Market Key Driver
The proliferation of disorders such as anemia and arthritis among women is catalyzing the expansion of the women’s health and beauty supplements market. Disorders, characterized by deviations from normal bodily functions and accompanied by identifiable symptoms, often stem from prolonged deficiencies in essential vitamins and minerals. Vital supplements like vitamin B12 and calcium play a pivotal role in preventing and managing these conditions. According to data from the Centers for Disease Control and Prevention (CDC), an estimated 78.4 million adults aged 18 and above will receive doctor-diagnosed arthritis by 2040, with two-thirds of these cases occurring in women. Consequently, the escalating prevalence of disorders among women, including anemia and arthritis, is set to propel the women’s health and beauty supplements market, with projected values of $X in 2023, and further growth anticipated in 2024 and 2028.
Get A Free Sample Of The Global Women's Health Market ReportGlobal Women's Health Market Segments
The global 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, Womens Health
5) By End-Users Age Group: Below 18 Years, 18 Years - 36 Years, 36 Years – 54 Years, 54 Years And Above
By Geography: The regions covered in the women's health market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Asia-Pacific was the largest region in the women’s health and beauty supplements market share in 2023. 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.
Major Women's Health Industry Players
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 Nature's Bounty Co., The Proactiv Company LLC, Unilever plc
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Women's Health Market Overview
Women's health and beauty supplements refer to products that are taken by women to improve the intake of the essential nutrients in their bodies and improve their beauty and overall health.
Women's Health Global Market Report 2023 provides data on the global women's health market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The women's health market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.