Hair Growth Supplement And Treatment Market Research Report By Supplement Type (Biotin Supplements, Collagen Supplements, Keratin Supplements, Vitamin D Supplements, Iron Supplements), By Treatment Type (Laser Therapy, Platelet-Rich Plasma (PRP) Therapy, Microneedling, Hair Transplants, Scalp Massaging), By Application (Male Pattern Baldness, Female Pattern Baldness, Alopecia Areata, Telogen Effluvium, Other Hair Loss Conditions) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 203

Hair Growth Supplement And Treatment Market Overview

As per MRFR analysis, the Hair Growth Supplement And Treatment Market Size was estimated at 3.18 (USD Billion) in 2022.The Hair Growth Supplement And Treatment Market Industry is expected to grow from 3.4(USD Billion) in 2023 to 6.2 (USD Billion) by 2032. The Hair Growth Supplement And Treatment Market CAGR (growth rate) is expected to be around 6.91% during the forecast period (2024 - 2032).

Key Hair Growth Supplement And Treatment Market Trends Highlighted

The Global Hair Growth Supplement And Treatment Market is experiencing a surge in demand due to increasing awareness about hair loss and hair care. Consumers are increasingly seeking effective solutions to combat hair thinning and promote hair growth. The market is driven by factors such as changing lifestyles, rising pollution levels, and genetic predisposition to hair loss. Innovative products, such as topical solutions, oral supplements, and laser therapy devices, are gaining popularity as consumers seek non-invasive and convenient treatments. The market is also witnessing the emergence of personalized hair growth treatments tailored to individual needs and hair types. Additionally, the growing trend of self-care and the influence of social media are contributing to the market's growth.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Hair Growth Supplement And Treatment Market Drivers

Rising Prevalence of Hair Loss

Hair loss has become increasingly common in recent years, affecting both men and women. This is primarily due to factors such as genetics, hormonal changes, stress, and environmental pollution. The rising prevalence of hair loss has fueled the demand for effective hair growth supplements and treatments. The Global Hair Growth Supplement And Treatment Market Industry has witnessed a surge in product development and innovation to cater to this growing need.

Growing Awareness of Hair Care

Consumers are becoming increasingly aware of the importance of hair care and its impact on overall appearance. This awareness has led to a growing demand for hair growth supplements and treatments that promote healthy hair growth and prevent hair loss. The Global Hair Growth Supplement And Treatment Market Industry has responded to this trend by offering a wide range of products that address specific hair concerns, such as thinning hair, hair breakage, and scalp conditions.

Technological Advancements

Advancements in technology have played a significant role in the growth of the Global Hair Growth Supplement And Treatment Market Industry. Research and development efforts have led to the development of innovative products that are more effective and less invasive. For instance, the introduction of non-surgical hair transplantation techniques and the use of lasers and other devices for hair growth stimulation have expanded the treatment options available to consumers.

Hair Growth Supplement And Treatment Market Segment Insights

Hair Growth Supplement And Treatment Market Supplement Type Insights

The Global Hair Growth Supplement And Treatment Market is segmented by Supplement Type into Biotin Supplements, Collagen Supplements, Keratin Supplements, Vitamin D Supplements, and Iron Supplements. The Biotin Supplements segment is expected to hold the largest market share in 2023, owing to the increasing prevalence of biotin deficiency and the growing awareness of the benefits of biotin for hair growth. The Collagen Supplements segment is also expected to witness significant growth over the forecast period due to the rising demand for anti-aging products and the growing popularity of collagen supplements for improving skin and hair health.The Keratin Supplements segment is expected to grow at a steady pace, driven by the increasing demand for hair straightening and smoothing products. The Vitamin D Supplements segment is expected to show moderate growth over the forecast period due to the growing awareness of the importance of vitamin D for overall health and well-being. The Iron Supplements segment is expected to grow at a slow pace due to the increasing prevalence of iron deficiency and the growing awareness of the importance of iron for hair growth.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Hair Growth Supplement And Treatment Market Treatment Type Insights

The Global Hair Growth Supplement And Treatment Market is segmented on the basis of Treatment Type into Laser Therapy, Platelet-Rich Plasma (PRP) Therapy, Microneedling, Hair Transplants, and Scalp Massaging. In 2023, the Laser Therapy segment accounted for the largest revenue share and is projected to maintain its dominance during the forecast period. The growth of this segment is attributed to the increasing popularity of non-invasive hair restoration procedures. Platelet-Rich Plasma (PRP) Therapy segment is expected to witness significant growth over the forecast period due to its effectiveness in promoting hair growth.The microneedling segment is also projected to grow at a substantial rate during the forecast period, owing to its ability to stimulate collagen production and improve scalp health. Hair Transplants segment is expected to hold a significant market share over the forecast period. The scalp Massaging segment is projected to witness steady growth over the forecast period due to its ability to improve blood circulation and promote hair growth.

Hair Growth Supplement And Treatment Market Application Insights

The Global Hair Growth Supplement And Treatment Market segmentation by Application is divided into Male Pattern Baldness, Female Pattern Baldness, Alopecia Areata, Telogen Effluvium, and Other Hair Loss Conditions. Among these, Male Pattern Baldness and Female Pattern Baldness segments collectively held a dominant market share in 2023, owing to the high prevalence of genetic hair loss conditions. The Alopecia Areata segment is also expected to witness significant growth due to the increasing awareness of autoimmune disorders. Moreover, the Telogen Effluvium segment is projected to grow steadily, driven by factors such as stress, hormonal changes, and nutritional deficiencies.The Other Hair Loss Conditions segment includes conditions such as traction alopecia, trichotillomania, and scarring alopecia and is expected to grow at a moderate pace. The Global Hair Growth Supplement And Treatment Market is expected to reach a value of USD 3.84 billion in 2024, expanding at a CAGR of 7.2% from 2024 to 2032.

Hair Growth Supplement And Treatment Market Regional Insights

The Global Hair Growth Supplement And Treatment Market is segmented regionally into North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023, accounting for 0.96 billion USD of the global market, and is projected to continue to dominate the market during the forecast period. The high prevalence of hair loss conditions, increasing awareness about hair growth solutions, and the growing number of hair restoration clinics in this region are the key factors driving the market growth. Europe is expected to be the second-largest market, followed by APAC.The rising demand for natural and organic hair growth supplements in APAC countries such as China and India is expected to contribute to the growth of the market in this region. South America and MEA are expected to witness moderate growth during the forecast period due to increasing disposable income and changing lifestyles.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Hair Growth Supplement And Treatment Market Key Players And Competitive Insights

Major players in the Hair Growth Supplement And Treatment Market industry are constantly investing in research and development to launch innovative products and expand their market share. Leading Hair Growth Supplement And Treatment Market players are focusing on developing personalized hair care solutions to cater to the specific needs of consumers. They are also collaborating with influencers and celebrities to promote their products and reach a wider audience. The Hair Growth Supplement And Treatment Market industry is highly competitive, and companies are constantly trying to outdo each other in terms of product quality, innovation, and marketing.Leading global Hair Growth Supplement And Treatment Market players are focusing on expanding their product portfolios and entering new markets to gain a competitive edge. They are also investing in research and development to develop innovative products and treatments that meet the evolving needs of consumers. For instance, in 2023, DS Laboratories, a leading player in the hair growth supplement and treatment market, launched a new line of hair growth products that are formulated with clinically proven ingredients to promote hair growth and prevent hair loss.Competitor companies in the Hair Growth Supplement And Treatment Market are focusing on developing affordable products to cater to the needs of value-conscious consumers. They are also expanding their distribution channels to reach a wider customer base. For instance, Hims & Hers, a leading competitor in the hair growth supplement and treatment market, offers a range of affordable hair growth products online and through retail stores. The company also provides personalized hair care plans to meet the specific needs of its customers.

Key Companies in the Hair Growth Supplement And Treatment Market Include:

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  Nutrafol

  
  


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  Vegamour

  
  


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  Moon Juice

  
  


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  Olaplex

  
  


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  Briogeo

  
  


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  Amika

  
  


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  R+Co

  
  


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  Kérastase

  
  


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  Viviscal

  
  


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  Hairtamin

  
  


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  Moroccanoil

  
  


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  Living Proof

  
  


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  Bumble and bumble.

  
  


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  Prose

  
  

Hair Growth Supplement And Treatment Market Industry Developments

The Global Hair Growth Supplement And Treatment Market is anticipated to reach a valuation of USD 6.2 billion by 2032, expanding at a CAGR of 6.91% from 2024 to 2032. The increasing prevalence of hair loss and growing awareness about hair growth supplements and treatments are major factors driving market growth. Technological advancements, such as laser therapy and platelet-rich plasma (PRP) injections, are further propelling market expansion. Recent news developments include the launch of new products by leading players like Nutrafol and Viviscal, as well as strategic partnerships and acquisitions to strengthen market presence and expand product portfolios.

Hair Growth Supplement And Treatment Market Segmentation Insights

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  Hair Growth Supplement And Treatment Market Supplement Type Outlook

  
  
  
  
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    Biotin Supplements

    
    
  
  
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    Collagen Supplements

    
    
  
  
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    Keratin Supplements

    
    
  
  
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    Vitamin D Supplements

    
    
  
  
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    Iron Supplements

    
    
  
  
  
  


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  Hair Growth Supplement And Treatment Market Treatment Type Outlook

  
  
  
  
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    Laser Therapy

    
    
  
  
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    Platelet-Rich Plasma (PRP) Therapy

    
    
  
  
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    Microneedling

    
    
  
  
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    Hair Transplants

    
    
  
  
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    Scalp Massaging

    
    
  
  
  
  


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  Hair Growth Supplement And Treatment Market Application Outlook

  
  
  
  
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    Male Pattern Baldness

    
    
  
  
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    Female Pattern Baldness

    
    
  
  
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    Alopecia Areata

    
    
  
  
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    Telogen Effluvium

    
    
  
  
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    Other Hair Loss Conditions

    
    
  
  
  
  


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  Hair Growth Supplement And Treatment Market Regional Outlook

  
  
  
  
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    North America

    
    
  
  
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    Europe

    
    
  
  
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    South America

    
    
  
  
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    Asia Pacific

    
    
  
  
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    Middle East and Africa