Overview and Scope
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.
Sizing and Forecast
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.
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Segmentation & Regional Insights
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, Womens Health
5) By End-Users Age Group: Below 18 Years, 18 Years – 36 Years, 36 Years – 54 Years, 54 Years And Above
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.
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Major Driver Impacting Market Growth
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. For instance, according to the data from the Centers for Disease Control and Prevention (CDC), a US-based national public health agency, 78.4 million adults aged 18 years and older are expected to have doctor-diagnosed arthritis by 2040 and of those with arthritis, 66% (2/3rd) are expected to be women. Therefore, various disorders in women such as anemia and arthritis will drive the women’s health and beauty supplements market.
Key Industry Players
Major companies operating in the women’s health and beauty supplements market report 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 Nature’s Bounty Co., The Proactiv Company LLC, Unilever plc
The women’s health and beauty supplements market report table of contents includes:
1. Executive Summary
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