Market Research Future (MRFR) has published a cooked research report on the “Global Fertility Supplements Market” that contains information from 2018 to 2032. The Fertility Supplements market is estimated to register a CAGR of 8.50% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global fertility supplements market— Fairhaven Health, Coast Science, Lenus Pharma GesmbH, Active Bio Life Science GmbH, Orthomol, Exeltis USA, Inc., PregPrep LLC, Bionova, Vitabiotics Ltd., TTK Healthcare Ltd., Fertility Nutraceuticals LLC, extreme V, Inc., VH Nutrition LLC, CellOxess LLC, Gonadosan, Amino Expert (Innovamed Ltd.), Babystart Ltd., Crown Nutraceuticals, Sal Nature, and YadTech
Fertility Supplements Market Highlights
The global fertility supplements market is accounted to register a CAGR of 8.50% during the forecast period and is estimated to reach USD 4.0 Billion by 2032.
Due to rising awareness of fertility problems and the need for alternative remedies, the market for fertility supplements is expanding significantly. Growing demand for fertility treatments among couples, the availability of a wide variety of fertility supplements, and developments in medical research are the main factors driving the market.
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Segment Analysis
The global fertility supplements market has been segmented based ingredient, product, end use and distribution channel.
On the basis of ingredient, the market is segmented into natural and synthetic/ blend of natural & synthetic. Synthetic segment dominated the global market in 2022. Due to rising demand and simple accessibility, the main synthetic ingredients—selenium, zinc, folic acid, vitamin C, vitamin B6, CoQ1, and myo-inositol—contributed significantly to total expansion.
Based on product, the global fertility supplements market has been segmented into capsules, tablets, soft gels, powder, and liquids. In 2022, the capsules category share was dominant. This is due to increased awareness of the nutritional benefits these products offer, in addition to their beautiful flavours and straightforward use in meals.
Based on end use, the global fertility supplements market has been segmented into men and women. In 2022, the women's category dominated the global market for fertility supplements. According to the Centres for Disease Control and Prevention, 19% of never-parented women between the ages of 15 and 49 experience infertility problems.
Based on distribution channel, the global fertility supplements market has been segmented into OTC and prescribed. In 2022, the OTC category dominated the global market for fertility supplements. Because of the rising demand, easy access to raw materials, and low restrictions, the market is fragmented.
Regional Analysis
The global fertility supplements market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Fertility Supplements market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Fertility Supplements market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Fertility Supplements market comprises of Middle East, Africa, and Latin America.
The North America fertility supplements Market dominated this market in 2022 (45.80%). In the United States, 14.1% of married women between the ages of 15 and 49 had impaired fertility, and 6% of married women were discovered to be infertile, per data from the Centres for Disease Control and Prevention (CDC) December 2021 update. This increased the demand for local goods.
Moreover, in 2022, Europe held a sizable market share for fertility supplements. Leading companies in the fertility supplement market have profitable opportunities in the region because of the increased accessibility and availability of healthcare facilities as well as the increased investment in the research and healthcare sectors.
Additionally, from 2023 to 2032, the Asia Pacific fertility supplements market is anticipated to grow significantly. Growing awareness of nutritional augmentation is anticipated to be a major factor in regional growth in both China and India. The rise of the retail industry in countries like India, China, Indonesia, and Malaysia as a consequence of governmental support for investment is also predicted to boost customer accessibility throughout the course of the projection period. This will support local market growth.
Furthermore, the rest of the world's fertility supplements market is divided into the Middle East, Africa, and Latin America. Latin America's market for fertility supplements is expanding as a result of rising knowledge of reproductive health issues and the desire to overcome fertility problems. The market demand is being driven by elements like evolving lifestyles, postponed pregnancies, and increased infertility rates. A variety of natural and scientifically manufactured supplements are being introduced by major manufacturers to meet the unique needs of single people and couples.
Key Findings of the Study
- The global fertility supplements market is expected to reach USD 4.0 Billion by 2032, at a CAGR of 8.50% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market. Due to the growing knowledge of nutritional augmentation is anticipated to be a major factor in regional growth in both China and India.
- Based on distribution channel, the OTC segment segment was attributed to holding the largest market in 2022.
- Fairhaven Health, Coast Science, Lenus Pharma GesmbH, Active Bio Life Science GmbH, Orthomol, Exeltis USA, Inc., PregPrep LLC, Bionova, Vitabiotics Ltd., TTK Healthcare Ltd., Fertility Nutraceuticals LLC, extreme V, Inc., VH Nutrition LLC, CellOxess LLC, Gonadosan, Amino Expert (Innovamed Ltd.), Babystart Ltd., Crown Nutraceuticals, Sal Nature, and YadTech
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Base Year | 2021 |
Companies Covered | 15 |
Pages | 128 |
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