Women’s Health and Beauty Supplements Market Growth

0
Women’s Health and Beauty Supplements Market Growth

Introduction

Global Women’s Health and Beauty Supplements Market size is expected to be worth around USD 91.1 Billion by 2033 from USD 55.4 Billion in 2023, growing at a CAGR of 5.1% during the forecast period from 2024 to 2033.

Dietary supplements are products designed to augment the diet and are consumed orally in forms such as pills, capsules, tablets, or liquids. These supplements may contain nutrients derived from food sources or synthesized in the laboratory. A shift in dietary habits and inadequate nutrient intake have been linked to fertility issues and other health problems in women.

Such supplements include vitamins, minerals, enzymes, botanicals, proteins, omega-3 fatty acids, and probiotics, which are utilized to address women’s health issues and beauty concerns related to skin, hair, and nails. For instance, postmenopausal women often face disorders like anemia, osteoporosis, osteoarthritis, fibromyalgia, obesity, and depression.

Innovations in supplement formulations aimed at reducing the health risks associated with postmenopause, such as osteoporosis, are expected to drive product acceptance. According to a World Health Organization report, approximately 73% of postmenopausal women experience hot flashes, along with sleep disturbances and fatigue, increasing their reliance on specific supplements.

The market for women’s health and beauty supplements is expanding as more women seek holistic and preventative approaches to manage health and aesthetic concerns. The rising awareness of the therapeutic benefits of supplements combined with increasing health consciousness among women is propelling the growth of this sector.

Companies are continuously innovating and expanding their product lines to include supplements that not only support overall health but also cater specifically to the nutritional needs and beauty standards of women, thus broadening the market’s scope.

Women’s Health & Beauty Supplements Market Size

Key Takeaways

  • Market Size: Women’s Health and Beauty Supplements Market size is expected to be worth around USD 91.1 Billion by 2033 from USD 55.4 Billion in 2023.
  • Market Growth: The market growing at a CAGR of 5.1% during the forecast period from 2024 to 2033.
  • Product Analysis: Vitamins hold the dominant position, accounting for 32.8% of the market share.
  • Application Analysis: The Women’s Health segment dominates the market, accounting for 64.2% of the market share.
  • Age-Group Analysis: The age group of 31-50 years dominates the market, reflecting the largest share of consumers for these supplements.
  • Consumer Group Analysis: The postmenopause segment dominates the market, holding 26.6% of the total market share.
  • Sales Channel Analysis: In 2023, Online sales emerged as the dominant segment, accounting for approximately 38% of the market share.
  • Regional Analysis: In 2023, North America holds a 38.7% share of the Women’s Health and Beauty Supplements Market.

Women’s Health and Beauty Supplements Statistics

  • General Usage: Approximately 76% of women in the United States use dietary supplements, illustrating a significant reliance on these products for daily health management.
  • Most Popular Supplement: Multivitamins stand as the most frequently consumed supplement among women, indicating a broad focus on general health maintenance.
  • Vitamin D and Omega-3s: Over 58% of women incorporate Vitamin D and omega-3 fatty acids into their regimen, supporting bone health and cardiovascular wellness.
  • Calcium for Bone Health: Calcium is utilized by 39% of women, reflecting its importance in bone density and health.
  • Vitamin C Consumption: Around 31% of women take Vitamin C, primarily for its immune-boosting properties.
  • Energy and Metabolism: B vitamins are used by 29% of women to aid energy production and metabolic processes.
  • Iron Supplements: 22% of women use iron supplements to prevent anemia, especially crucial for women of reproductive age.
  • Digestive Health: Probiotics are taken by 18% of women, indicating a focus on digestive health and gut function.
  • Muscle and Nerve Support: Magnesium is used by 12% of women to assist with muscle and nerve functions.
  • Herbal Supplements: Herbal supplements like echinacea and garlic are utilized by 9% of women, often for their immune-supportive properties.
  • Antioxidant Intake: Green tea supplements, used by 7% of women, are chosen for their antioxidant benefits.
  • Plant-based Omega-3s: About 5% of women opt for flaxseed and similar plant-based sources of omega-3s, aligning with vegetarian or vegan dietary choices.
  • Amino Acids: Amino acid supplements are included in the diets of 4% of women, supporting various aspects of physiological health.
  • Joint Health: Glucosamine is taken by 3% of women, primarily for its benefits to joint health and mobility.
  • Heart Health and Energy: Coenzyme Q10 is used by 2% of women, known for its heart health benefits and energy enhancement capabilities.

Women’s Health and Beauty Supplements Product Analysis

  • Vitamins: Essential for overall health, vitamins like Vitamin C are pivotal for skin health and the prevention of oxidative stress. Regular intake can support immune function and, in the case of Vitamin C, potentially reduce the risk of cataract formation.
  • Minerals: Calcium supplements are integral for bone health, particularly important in women prone to osteoporosis. It’s essential to choose the right type of calcium (e.g., calcium carbonate vs. calcium citrate) to enhance absorption and effectiveness.
  • Enzymes: Enzymes in supplements can aid digestion and metabolism, helping to break down foods into absorbable nutrients, thus supporting overall digestive health and nutrient utilization.
  • Botanicals: Botanical supplements include a variety of herbs and natural extracts, which can provide tailored benefits such as hormonal balance, improved skin health, and stress reduction. However, it’s important to approach these with caution due to the variability in research support for long-term safety and efficacy.
  • Proteins: Protein supplements, particularly those based on collagen, support skin elasticity and joint health. They play a critical role in maintaining muscle mass, which is crucial for metabolic health and aging.
  • Omega-3: Omega-3 fatty acids are crucial for cardiovascular health, brain function, and reducing inflammation. These supplements are particularly beneficial for heart health and cognitive maintenance as women age.
  • Probiotics: These supplements are beneficial for gastrointestinal health, supporting the gut microbiome, which in turn impacts overall health, immunity, and even mental well-being.
  • Others: This category can include specialized supplements like antioxidants, which protect against cellular damage and support overall health maintenance. They can range from coenzyme Q10 to selenium, each with specific roles in protecting cells and supporting body functions.

Emerging Trends

  • Inclusive Beauty Products: The beauty industry is increasingly embracing global diversity. Expect to see more companies incorporating globally-sourced, natural ingredients that cater to a variety of skin tones and types. This includes products with ingredients like fermented rice water, bamboo extract, and African black soap, which address specific skin concerns across different demographics.
  • Clean Label Supplements: There is a growing trend towards supplements that offer transparency regarding their ingredients. Women are seeking products with fewer synthetic ingredients and more natural, easily recognizable substances, reflecting a broader demand for transparency in labeling and sourcing.
  • Targeted Supplements for Menopause: The focus on women’s specific health stages, such as menopause, is increasing. Supplements aimed at alleviating menopausal symptoms are becoming more prevalent, backed by scientific research that addresses women’s health needs during this phase.
  • Adaptogens in Nutrition: Adaptogens, which are herbs and roots that help the body resist stressors, are gaining popularity. Women’s health supplements are incorporating adaptogens like ashwagandha and turmeric due to their benefits in reducing stress and improving overall well-being.
  • Personalized Nutrition: There is an uptick in personalized nutritional supplements tailored to individual health needs and genetic profiles. This approach ensures that supplements specifically address the unique dietary needs and health conditions of women at different life stages
  • Increased Focus on Bone and Joint Health: Supplements that support bone density and joint health are in higher demand, especially among aging populations. Ingredients like vitamin D and calcium are staples, with innovations focusing on enhanced absorption and efficacy.
  • Expanded Use of Probiotics: Probiotics are becoming more common in women’s health supplements, with a focus on supporting digestive and immune health. These are particularly marketed towards women looking to improve gut health and overall wellness.
  • Sustainability in Supplement Packaging: There is a significant move towards sustainable practices in the production and packaging of health supplements. Women consumers are increasingly drawn to brands that demonstrate environmental responsibility in their packaging and sourcing.

Use Cases

  • Improving Skin Health and Elasticity: Collagen peptides are widely used in beauty supplements to improve skin elasticity and hydration. They help reduce wrinkles and promote a youthful appearance.
  • Supporting Bone Health: Supplements containing calcium and vitamin D are essential for maintaining bone health, particularly for women at risk of osteoporosis. These supplements help enhance bone density and reduce the risk of fractures.
  • Enhancing Joint Health: Collagen supplements are also beneficial for joint health by maintaining the integrity of cartilage, which is crucial as women age and joint wear increases.
  • Hair and Nail Growth: Biotin, a common component in beauty supplements, supports the health and growth of hair and nails, making them stronger and less prone to splitting or breakage.
  • Boosting Immune Health: Vitamin C supplements are popular for their immune-boosting properties. Regular intake can help enhance the immune system’s response against pathogens.
  • Pregnancy and Reproductive Health: Folic acid is crucial for women of childbearing age, reducing the risk of fetal development issues and supporting overall reproductive health.
  • Weight Management: Some supplements can aid in weight management by providing essential nutrients that support a healthy metabolism and help maintain normal body weight.
  • Menopausal Support: Supplements geared towards menopausal women often contain ingredients like black cohosh and soy isoflavones, which can help manage symptoms such as hot flashes and night sweats.

Conclusion

The Women’s Health and Beauty Supplements Market is poised for substantial growth, with projections indicating a rise to approximately USD 91.1 billion by 2033. This growth is fueled by increasing awareness of the health and aesthetic benefits of supplements among women, particularly those addressing age-specific issues like menopause. Innovations in supplement formulations enhance acceptance, while trends towards natural ingredients and personalization reflect consumer preferences for tailored, health-conscious solutions. As the market expands, companies are expected to continue diversifying their offerings to meet the evolving demands of women seeking holistic approaches to health and beauty.

Discuss Your Needs With Our Analyst

Please share your requirements with more details so our analyst can check if they can solve your problem(s)

link

Leave a Reply

Your email address will not be published. Required fields are marked *