Pune, Aug. 13, 2024 (GLOBE NEWSWIRE) — Women’s Hormonal Supplements Market Size Analysis:
“According to SNS Insider Research, The Women’s Hormonal Supplements Market Size was valued at USD 4.50 Billion in 2023, and is expected to reach USD 8.50 Billion by 2032, and grow at a CAGR of 7.6% over the forecast period 2024-2032.”
The Women’s Hormonal Balance Supplements market is growing quickly due to the increasing awareness regarding women’s health. As women age, they are paying more attention to the necessity of hormones for better health. Hormonal imbalances can lead to various health issues such as mood swings, weight gain, and reproductive problems. This awareness has significantly boosted the demand for hormone-balancing supplements.
Another factor driving growth is the rising consumer preference for natural ingredients in supplements. The trend towards organic and natural health products aligns with the focus on clean eating, further propelling market growth. Government health campaigns emphasizing the benefits of natural and organic products also contribute to this trend.
Major Players in the Market:
- Nature Made
- Garden of Life
- Nature’s Way
- Now Foods
- Blackmores
- Swisse Wellness
- Vitabiotics
- Church & Dwight
- Bayer
- Pfizer
Market Insights:
| Report Attributes | Details |
| Market Size in 2023 | US$ 4.50 Billion |
| Market Size by 2032 | US$ 8.50 Billion |
| CAGR | CAGR of 7.6% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Key Growth Drivers | Growing awareness about women’s health issues, including hormonal imbalances and menopause, is driving demand for specialized supplements. |
Segmentation Dynamics:
The largest share by form type is the tablets segment, accounting for 31% of revenues due to preference for Ayurvedic and traditional pills. Tablets are favored for their convenience, precise dosage, and long shelf life compared to other forms like powders or liquid drops.
Key Takeaways:
- The growth of the women’s hormonal balance supplements market has been fueled by increasing awareness about female health and a growing inclination towards natural ingredients.
- The tablet segment accounted for the largest share in terms of value, attributed to its easy-to-consume characteristics and accurate dosage.
- North America is the leading market, with high awareness regarding supplements and consumption rates in the U.S. & Canada.
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