Global Maternal Nutrition Supplement Market Size To Exceed USD 22.34 Billion By 2033 | CAGR of 6.47%
Category: Food & BeveragesGlobal Maternal Nutrition Supplement Market Size To Exceed USD 22.34 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Maternal Nutrition Supplement Market Size is Expected to Grow from USD 11.94 Billion in 2023 to USD 22.34 Billion By 2033, at a CAGR of 6.47% during the Forecast period 2023-2033.
Get more details on this report -
Browse key industry insights spread across 240 pages with 105 Market data tables and figures & charts from the report on the "Global Maternal Nutrition Supplement Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Vitamins, Minerals, Proteins, Omega-3 Fatty Acids, Probiotics, and Others), By Form (Tablets, Capsules, Powders, Liquids, and Others), By Distribution Channel (Online Stores, Pharmacies, Supermarkets/Hypermarkets, and Specialty Stores), By End User (Pregnant Women and Lactating Mothers), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/maternal-nutrition-supplement-market
The maternal nutrition supplements industry is the global market for dietary supplements particularly aimed at maintaining the health and well-being of a woman during pregnancy and lactation. These supplements consist of a mix of essential vitamins, minerals, amino acids, and other nutrients, which aid in satisfying the enhanced nutritional needs during these phases of a woman's life. Moreover, one of the main driving factors for growth in the market for maternal nutrition supplements is rising awareness among women regarding the necessity of optimal nutrition during pregnancy and lactation. Governments and global health institutions are conducting campaigns to make women aware of the vital nutrients that they require during such periods, thus leading to a heightened uptake of maternal nutrition supplements significantly. However, good-quality organic or specialty maternal nutrition supplements can be costly, which might curtail their access among women with lower incomes. Premium prenatal vitamins, particularly those containing added ingredients or those marketed by popular companies, can be costly and will discourage some from buying them.
The vitamins segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the maternal nutrition supplement market is divided into vitamins, minerals, proteins, omega-3 fatty acids, probiotics, and others. Among these, the vitamins segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to prenatal vitamins that have a mix of necessary vitamins and are highly prescribed by medical professionals to make sure that the mother and the baby get the required nutrients during pregnancy.
The tablets segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the form, the maternal nutrition supplement market is divided into tablets, capsules, powders, liquids, and others. Among these, the tablets segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segmental growth is due to tablets tend to be cheaper to manufacture than other types, like capsules or liquids. This increases their availability and accessibility to a larger portion of the population, contributing to their dominance in the market.
The pharmacies segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the maternal nutrition supplement market is divided into online stores, pharmacies, supermarkets/hypermarkets, and specialty stores. Among these, the pharmacies segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to pharmacies usually having direct relationships with prescribing or recommending health professionals who prescribe certain supplements, making these products even more trusted and reliable. Also, offer tailored advice and recommendations based on a woman's particular needs during pregnancy.
The pregnant women segment accounted for the largest share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period.
Based on the end user, the maternal nutrition supplement market is divided into pregnant women and lactating mothers. Among these, the pregnant women segment accounted for the largest share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period. The growth is attributed to all the nutrients like folic acid, iron, calcium, vitamin D, and omega-3 fatty acids that are needed for healthy fetal development, lowering the risk of birth defects, and maintaining the health of the mother. Dietary supplements benefit the mother as well as the developing baby.
Asia Pacific is expected to hold the majority share of the global maternal nutrition supplement market during the forecast period.
Get more details on this report -
Asia Pacific is expected to hold the majority share of the global maternal nutrition supplement market during the forecast period. The improved healthcare systems within Asia Pacific nations, especially the urban regions, have become a reality, and women have had enhanced access to prenatal care. That has led more women to be advised by clinicians, and it has boosted the use of maternal supplements.
North America is anticipated to grow at the fastest pace in the global maternal nutrition supplement market during the forecast period. North American consumers tend to have greater disposable incomes, which allow them to purchase specialized maternal nutrition products. Women in this region are more likely to spend money on better-quality, specialist supplements to ensure both their health and the well-being of their babies.
Major vendors in the global maternal nutrition supplement market are Abbott Laboratories, Nestlé S.A., Reckitt Benckiser Group plc, Bayer AG, Pfizer Inc., Herbalife Nutrition Ltd., Glanbia plc, Amway Corporation, Nature's Bounty Co., Blackmores Limited, Church & Dwight Co., Inc., The Honest Company, Inc., Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In November 2024, Nestlé announced two new nutrition solutions, Materna Pre and Materna Nausea, aimed at contributing to women's fertility and relieving some of the symptoms that come with being pregnant, such as nausea and vomiting.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the maternal nutrition supplement market based on the below-mentioned segments:
Global Maternal Nutrition Supplement Market, By Product Type
- Vitamins
- Minerals
- Proteins
- Omega-3 Fatty Acids
- Probiotics
- Others
Global Maternal Nutrition Supplement Market, By Form
- Tablets
- Capsules
- Powders
- Liquids
- Others
Global Maternal Nutrition Supplement Market, By Distribution Channel
- Online Stores
- Pharmacies
- Supermarkets/Hypermarkets
- Specialty Stores
Global Maternal Nutrition Supplement Market, By End User
- Pregnant Women
- Lactating Mothers
Global Maternal Nutrition Supplement Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?