Health and Beauty Supplements Market Is Going To Boom | Herbalife International, GNC Holdings, The Nature’s Bounty
Health and Beauty Supplements Market– Global Outlook and Forecast 2023-2030 is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2030). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global Health and Beauty Supplements Market. Some of the key players profiled in the study are Herbalife International, GNC Holdings, The Nature’s Bounty, Bayer, Garden of Life (Nestle), Suntory Holdings, Taisho Pharmaceutical, Swisse Wellness, Pharmavite, Pfizer. The global Health and Beauty Supplements market is expected to reach $206.88 billion by 2030 at a CAGR of 12.4% from 2021 to 2030.
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Health and Beauty Supplements Market Outlook 2020-2030
Throughout the forecast period, the vitamins and mineral segment is expected to dominate the market in terms of product. Research studies have shown that these supplements can effectively reduce levels of homocysteine and enhance the levels of B12 and B6 vitamins in the body, which are crucial for brain development. These health benefits not only help in reducing the risk of brain disorders such as Alzheimer’s syndrome but also make these supplements essential for pre and post-natal care. Consequently, these factors contribute to the growth of the global market for women’s health and beauty supplements.
In terms of application, the women’s health segment is expected to hold the dominant position in the market throughout the forecast period. This is primarily due to the increasing awareness of health issues and the prevalence of chronic diseases among women.
Regarding the distribution channel, hypermarkets/supermarkets emerged as the dominant segment in the global market in 2020. This can be attributed to the widespread presence of health-focused hypermarkets/supermarkets and health clubs like Amway (Nutralite) and Vitamin Shoppe worldwide.
In 2020, North America accounted for a significant share of the global market for women’s health and beauty supplements, and it is expected to maintain its dominant position throughout the forecast period. Additionally, the Asia-Pacific region is projected to experience the second-highest compound annual growth rate (CAGR) of 15.50% during the forecast period. This growth is driven by the increasing incidences of diabetes, obesity, joint and muscle pain, high blood pressure, low bone density, menopause, and other health conditions in the region.
Marketing Communication and Sales Channel
Understanding “marketing effectiveness” on a continual basis, help determine the potential of advertising and marketing communications and allow to use of best practices to utilize untapped audience. In order to make marketers make effective strategies and identify why the target market is not giving attention, we ensure the Study is Segmented with appropriate marketing & sales channels to identify potential market size by value & Volume* (if Applicable).
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The segments and sub-section of Health and Beauty Supplements market is shown below:
By Ingredient: Vitamins & Minerals, Botanical, Proteins & Amino Acids and Others
By Consumer Group: Pre & postnatal, Premenstrual syndrome, menopause, Others
By Application: Beauty and Women Health
By Distribution Channel: Hypermarkets/Supermarkets, Health & Beauty Retail Stores, Drug Stores, and Online Pharmacies & E-Commerce Sites
Some of the key players involved in the Market are: Herbalife International, GNC Holdings, The Nature’s Bounty, Bayer, Garden of Life (Nestle), Suntory Holdings, Taisho Pharmaceutical, Swisse Wellness, Pharmavite, Pfizer.
Important years considered in the Health and Beauty Supplements study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2030 [** unless otherwise stated]
If opting for the Global version of Health and Beauty Supplements Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Introduction about Health and Beauty Supplements Market
Health and Beauty Supplements Market Size (Sales) Market Share by Type (Product Category)
Health and Beauty Supplements Market by Application/End Users
Health and Beauty Supplements Sales (Volume) and Market Share Comparison by Applications
Global Health and Beauty Supplements Sales and Growth Rate (2020-2030)
Health and Beauty Supplements Competition by Players/Suppliers, Region, Type, and Application
Health and Beauty Supplements (Volume, Value, and Sales Price) table defined for each geographic region defined.
Health and Beauty Supplements Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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