Global Fertility Supplement Market Rises at 7.8% CAGR, Rising Awareness about Nutritional Enrichment among Consumers Emerges as Key Growth Driver, says FMI

Mar 09,2020 | Food and Beverages

The global fertility supplements market size is poised to surge at an impressive CAGR of 7.8% between 2020 and 2030. Consumers around the world have become more aware about their wellbeing. In emerging nations such as Brazil and Argentina, there is increasing focus on improving sexual health. As a result they have become more willing than ever before to spend on relevant products. This is expected to have positive impact on the fertility supplements market.

The report discusses some of the more crucial factors chalking the market’s growth trajectory. It makes observation on prevailing trends and gauges the impact of the same on the overall market. This observation is supported by relevant data, graphs, infograph and expert opinions to offer a holistic study on the global fertility supplements market.  

It includes in-depth insights into the market. Some of these are:

  • The estimated value of the market was at US$ 1.47 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
  • Regionally, North America is the largest market for fertility supplements in the world.
  • Asia Pacific follows closely, emerging as second-leading regional market.
  • Through the course of the forecast period, the APEJ market is expected to report growth at the highest pace.
  • In terms of ingredient, consumers seem to prefer natural ones more than the rest.

Rising Awareness about Importance Overall Well-being among Consumers is Enabling Growth

Lifestyle prevalent today does more harm to common man than ever before. According to the American Society for Reproductive Medicine, a considerable section of both men and women of reproductive age in the U.S. smoke cigarettes. Cigarette smoking has harmful impact on the overall health and wellbeing of an individual. It also may adversely impact their fertility. Even the latest technologies might find it difficult to help a women conceive if she is exposed to excessive smoking. A rising awareness about the ongoing situation, coupled with information on potential cures will favour the expansion of the fertility supplements market.

The same factor, which is rising degree of awareness, is likely to pave way for the market’s growth in emerging economies as well.

For More Detailed Insights on Fertility Supplements Market

Who is Winning?

Some of the leading players operating in the fertility supplements market are Fertility Nutraceuticals LLC, Exeltis USA, Inc., TTK HealthCare Ltd., PregPrep LLC, Orthomol pharmazeutische Vertriebs GmbH, Active Bio Life Science GmbH, Fairhaven Health, LLC, Lenus Pharma GesmbH, ZenithNutrition, and INVO Bioscience.

As a result of increasing competition, leading manufacturers are focusing on expanding their product portfolio and improving sourcing process. Their expansion strategies include investment in research and development activities and product launches. These companies are particularly focusing on catering to changing consumer preference across various nations.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

Get Valuable Insights into Fertility Supplements Market

Future Market Insights, in its new report, presents an unbiased analysis of the global fertility supplements market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. In terms of ingredient, the market can be categorized into natural, synthetic and blend. On the basis of product, the market covers capsules, powders, soft gels, liquid and others. Men and women make the key end users in the market. Based on distribution channel, the market can be bifurcated into prescribed and over the counter. Regionally, the market can be segmented into North America, Europe, Latin America, Asia Pacific excluding Japan, Japan, and the Middle East and Africa.

About Food & Beverages division of FMI

Expert analysis, actionable insights, and strategic recommendations - the Food & Beverages team at FMI helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 100+ countries for over a decade. The team provides end-to-end research of the global food & beverage market and consulting services; know how we can help.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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