According to a new report, published by KBV research, The Global Women’s Health And Beauty Supplements Market size is expected to reach $78.1 billion by 2031, rising at a market growth of 4.9% CAGR during the forecast period.
The Beauty segment is registering a CAGR of 6.2% during (2024 - 2031). This segment concentrates on products that improve physical appearance by fostering healthy hair, skin, and nails. The growing trend of "beauty from within" has gained traction as consumers recognize that external beauty is closely linked to internal health. Supplements such as collagen, biotin, hyaluronic acid, and antioxidants are popular in beauty. The beauty segment's success can also be attributed to social media influence and celebrity endorsements, which significantly shape consumer preferences.
The Age 31 - 50 segment is generating the maximum revenue in the Global Women’s Health And Beauty Supplements Market by Age Group in 2023; thereby, achieving a market value of $34.3 billion by 2031. Women aged 31-50 face a range of health and beauty concerns that drive their consumption of supplements. Many are balancing demanding careers, family responsibilities, and active lifestyles, which can contribute to stress, fatigue, and nutritional deficiencies. As a result, they often seek supplements that support overall wellness, energy levels, and stress management.
The Pharmacies/Drug Stores segment would exhibit a CAGR of 4.7% during (2024 - 2031). Pharmacies and drug stores are trusted sources for health-related products, including supplements. These establishments' credibility and professional expertise are significant in their strong performance. Consumers often rely on the advice of pharmacists and healthcare professionals when selecting supplements, which adds a layer of confidence and assurance in their purchasing decisions.
The Postmenopause segment is leading the Global Women’s Health And Beauty Supplements Market by Consumer Group in 2023; thereby, achieving a market value of $20.4 billion by 2031. Postmenopausal women face various health challenges due to the significant hormonal changes that occur after menopause. This can result in an elevated risk of cognitive decline, cardiovascular disease, and osteoporosis. Consequently, there is a high demand for supplements that help mitigate these risks and support overall health and well-being.
The Mineral segment is experiencing a CAGR of 5.3% during (2024 - 2031). Minerals are critical for various physiological processes, including bone health, muscle function, and metabolic regulation. Women are particularly interested in calcium and magnesium due to their ability to maintain bone density and reduce the risk of osteoporosis, particularly after menopause. Iron supplements are also crucial for women, given their higher susceptibility to iron deficiency due to menstruation.
Full Report: https://www.kbvresearch.com/women-health-and-beauty-supplements-market/
The Asia Pacific region dominated the Global Women’s Health And Beauty Supplements Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $30.9 billion by 2031. The North America region is showcasing a CAGR of 4.2% during (2024 - 2031). Additionally, The Europe region would exhibit a CAGR of 4.5% during (2024 - 2031).
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