The global fertility supplements market size is projected to reach USD 2.39
billion by 2025, according to a new report by Grand View Research, Inc. It is
anticipated to expand at a CAGR of 7.4% during the forecast period. The
declining fertility rates owing to the rise in consumption of alcohol,
caffeine, and cigarettes is anticipated to fuel the demand for fertility
supplements.
OTC fertility supplement segment is
expected to witness significant growth in emerging economies owing to the
rising consumer awareness regarding the health benefits and nutritional value
of these products. Self-medication, cost effectiveness, and convenience of
direct purchase is expected to boost the demand of fertility supplements over
the forecast period.
Factors such as growing geriatric
population and rising interest for preventive healthcare have surged the demand
for herbal fertility supplements, in turn spurring the growth of the fertility
supplements market. Consumers are looking for ingredients such as grape seed
extracts, primrose oil, and red clover in products having minimum side effects
and high efficiencies. Manufacturers are focusing on providing a blend of
natural and synthetic ingredients to cater to consumer demand across the globe.
Government policies like
‘one-child-per-couple’ subjected to forced sterilizations or abortions resulted
in decreasing the fertility of women. However, abolishment of one and two child
per couple policies and major amendments in family planning regulations are
expected to have a positive effect on fertility rate. This factor is
anticipated to hinder the market growth in China.
Rising number of doctors in Italy for
initiating the advice for their patients to consume fertility supplements to
help them to cope up with fertility issues, in combination with Rx-medicine
based therapies is expected to remain a favorable factor for the market.
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https://www.grandviewresearch.com/industry-analysis/fertility-supplements-market
https://www.grandviewresearch.com/industry-analysis/fertility-supplements-market
Further key findings from the report suggest:
· In terms of revenue, natural fertility
supplements is projected to ascend at a CAGR of 8.6% over the forecast period
· Tablets and capsules segment contributed
approximately over 68.7% to the total market in 2018
· Over the counter fertility supplements led
the market in 2018, constituting a revenue share of over 79.3% in 2018
· Asia Pacific is expected to witness the
fastest growth over the forecast period. Expansion of retail chains in
countries such as India, Japan, and China has increased the dietary supplements
consumption in this region
· The fertility supplements market represents
a highly competitive landscape. Key players dominating the market space have
been focusing on various strategic initiatives including mergers and
acquisitions, product innovation, and portfolio expansion
· Key participants in the market include
Fairhaven Health, Orthomol, Vitabiotics, TTK Healthcare, Lenus Pharma among
others
Grand View Research has segmented the
global fertility supplements market on the basis of ingredient, product, end
use, distribution channel, and region:
Fertility Supplements Ingredient Outlook
(Revenue, USD Million, 2014 - 2025)
·
Natural
·
Synthetic/ Blend of Natural & Synthetic
Fertility Supplements Product Outlook
(Revenue, USD Million, 2014 - 2025)
·
Capsules
·
Tablets
·
Soft gels
·
Powders
·
Liquids
Fertility Supplements End Use Outlook
(Revenue, USD Million, 2014 - 2025)
·
Men
·
Women
Fertility Supplements Distribution Channel
Outlook (Revenue, USD Million, 2014 - 2025)
·
OTC
·
Prescribed
Fertility Supplements Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
