Market Research Report
Global Fertility Supplements Market - 2021-2028
|Global Fertility Supplements Market - 2021-2028|
Published: October 29, 2021
Content info: 190 Pages
Delivery time: 1-2 business days
The "Global fertility supplements market" is expected to grow at a high CAGR during the forecasting period (2021-2028).
Fertility assist in producing offspring's; however, in certain cases, due to failure in this process, it leads to infertility. To overcome such issues, there has been developed by the pharmaceutical companies with the introduction of medicines in the form of soft gels, capsules, powders, liquids, and others. These drugs assist in treating infertility problems in men and women. Fertility supplements, also termed as fertility drugs, are medications that improve reproductive fertility. For women, a fertility supplement is used to promote follicle development of the ovary.
The increasing embracing of herbal medicines due to the rising concerns involving the harmful effects linked with conventional pharma drugs is likely to create growth opportunities for the product manufacturers. Several government initiatives for generating awareness about the innovations in supplement research and superior technology have helped consumers make supplement choices.
Rising Demand for Natural Ingredients
The demand for fertility supplements is expected to rise over the forecast period. The rising geriatric population and the increasing interest in preventive healthcare solutions, are certain factors encouraging the growth of the market across the globe. With the rise in the education system, there is a rise in the preference for natural ingredients. There is an apparent rise in the demand for fertility supplements that contain ingredients, such as red clover, primrose oil, or grape seed extracts. These efforts are likely to have encouraging impact on the overall market growth.
Witth the introduction of "one-child-per-couple" policy in China, the fertility of women has negatively impacted. However, the abolition of such amendments and policies introduced in family planning have positively impacted the fertility rate. This factor is expected to boost up the growth of the market in China. Moreover, the doctors often recommend fertility supplements to assist couples and parents cope with their fertility concerns. This is expected to have a positive impact on the global market.
COVID-19 has led to the increase in the fertlity supplements amidst the pandemic. The companies engaged in the fertility supplements market has witnessed a nominal surge in revenue during the pandemic. This is because the COVID-19 certainly impacts the fertility level of a person, owing to which, an intake of supplements has increased for fertility supplements post the ooutbreak of COVID-19.
The fertility supplements market has been classified into capsules, tablets, soft gels, powders, and liquids based on the product.
Fertility supplement powder segment dominated the market in 2019. This is owing to an increasing awareness regarding the nutritional benefits linked with these products. These products facilitate unique mixes of ingredients, reduce gastrointestinal irritation, and ensure oil and fat-soluble nutrient delivery.
Based on the end users, the fertility supplements market has been classified into men and women.
Immune system factors, varicocele, hypogonadism, systemic disease, urogenital infection, sexual factors, and undescended testicles are some of the major factors leading to fertility problems in men. In the span of last 50 years, the sperm concentration has fallen considerably by 52% among men in Western countries. The drop is alarming as sperm concentration below 40 million per milliliter is considered below normal and can worsen fertility. All these factors have resulted in an increasing demand for fertility supplements for men.
Based on geography, the study analyzes the fertility supplements market in the global market, including North America, Asia-Pacific, Europe, South America, and the Middle East & Africa.
North America contributed the largest revenue share to the global fertility supplements market in 2019. This dominance is due to the presence of several key market players in the region, especially in the US. Moreover, the increasing health concerns among consumers further support the market growth in the region. Additionally, the growing prevalence of obesity and the rising number of diabetic patients in the region is augmenting the demand for fertility supplements in North America. However, Asia Pacific is projected to grow at the fastest CAGR in the global fertility supplements market over the forecast period. This growth is attributed to the change in the lifestyle of customers and the increase in health consciousness among the consumers. The market in this region is observing a radical transformation regarding rapid urbanization, diet diversification, and liberal trade policies in the food sector. Furthermore, an increase in the inclination of consumers toward healthy food products and a surge in purchasing power are certain factors offering growth opportunities for fertility supplements manufacturers in the region.
The fertility supplements market is highly competitive, owing to the presence of big food brands. The critical fertility supplements players which are contributing to the growth of the global market include Fairhaven Health, Coast Science Lenus, Pharma GesmbH, Active Bio Life Science GmbH, Orthomol Exeltis USA, Inc. PregPrep LLC, TTK Healthcare Ltd., Bestmade Natural Products, Wuhan Wonong Fertilizer Co., Ltd., CURIVO HEALTHCARE LLP, NUTRIFACTOR LABORATORIES (PVT.) LIMITED, Xiamen Yuanzhidao Biotechnology Co., Ltd. and Shenzhen Hemp Bio-Tech Co., Ltd., among others. The major players are adopting new launch based on new material launches and expansion strategies for global growth in the fertility supplements market.
The global fertility supplements market report would provide access to an approx. 66 market data table, 57 figures, and 180 pages.