Global Prenatal Vitamin Supplements Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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May 2023
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This report was compiled by Correspondence Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Global Prenatal Vitamin Supplements Market: Overview
“The global Prenatal Vitamin Supplements Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Prenatal supplements are those vitamins supplements that are intended to consume before, during, and after pregnancy. In addition, these supplements are used to fulfill daily nutrient requirements of pregnant women and are available in various forms such as powder, capsule, gel, etc.
Global Prenatal Vitamin Supplements Market: Dynamics
Women have a more stressful and hectic lifestyle, owing to a lot of responsibilities and duties to be carried out in professional as well as personal life. In addition, while balancing between these duties her daily routine gets disturbed, owing to improper timings of eating and sleeping which may lead to a deficiency of vitamins. Hence, women population often suffers a deficiency of vitamins and minerals during pregnancy.
Increasing awareness regarding health benefits associated with consumption of nutritional supplement during pregnancy is one of the major factors driving growth of the target market. In addition, a prenatal vitamin supplement is intended to use for better digestion system and it also contains dietary components that offer extra vitamin values.
Increasing R&D activities regarding vitamin supplements and its nutrient values is another factor anticipated to support global market growth. Increasing investments of major players in order to develop effective prenatal supplements is expected to create lucrative opportunities for expansion of the target market. Increasing consumption of vitamin supplements during pregnancy is attributed to various benefits offered by it regarding health such as safe to consume, convenient option to manage day-to-day needs of nutrients, etc. which are expected to propel target market growth over the forecast period.
However, the stringent regulations regarding the approval of the product are one of the key factor expected to hinder growth of the target market. Moreover, the high cost of supplements is another factor expected to challenge growth of the global market.
Global Prenatal Vitamin Supplements Market: Segment Analysis
Among dosage form, the capsule segment is anticipated to account significant revenue share of global market, owing to its extended shelf life as compared to other forms.
Among sales channel, the drug stores segment is projected to dominate global market, as drug stores aids to clarify doubts or any questions regarding medications prescribed by doctors more conveniently.
Global Prenatal Vitamin Supplements Market: Regional Analysis
North America market for prenatal vitamin supplements is expected to register significant growth, owing to increasing health-conscious population. In addition, an increasing number of literate women population and extended childbearing age are some factors among others expected to drive growth of the target market in the region.
Prenatal vitamin supplements market in the Asia Pacific is anticipated to witness substantial growth, owing to increasing disposable income and easy availability of vitamin supplements. In addition, increasing government initiatives such as organizing health campaigns regarding awareness and precautions to be taken during pregnancy is another factor driving growth of the target market in emerging economies such as India and China. Markets in Latin America and Europe, are expected to grow at a moderate rate over the forecast period.
Global Prenatal Vitamin Supplements Market Segmentation:
Segmentation by Dosage Form:
- Powder
- Capsule
- Gummy
Segmentation by Sales Channel:
- Drug Stores
- Hospital Pharmacies
- Online Pharmacies
Segmentation by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Biotics Research Corporation
- Garden of Life, Inc.
- Country Life LLC.
- Nutranext LLC
- Church & Dwight Co., Inc.
- Pharmavite LLC.
- Metagenics, Inc.
- Thorne Research Inc.
- Nutramark, LLC.
- Twinlab Corporation
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