The global Prenatal vitamin supplements are expected to witness growth at a CAGR of 7.1% and reach a valuation of USD 1.04 Bn by 2032, while it is valued at US$ 522 Mn in 2022.
Demand for prenatal vitamin supplements is
increasing as new crucial pregnancy cases are coming. A woman’s body goes
through a lot of changes during the course of pregnancy. It is essential to
take utmost care of your health to ensure that there are no complications
during the delivery, fueling the demand for prenatal vitamin supplements.
Women have become conscious about the food
they eat and the supplements they intake as it impacts the health of fetus a
well. Covid -19 further strengthens the need to maintain good health in order
to avoid any negative outcomes. This impacted the sales of prenatal supplements
in the market during the assessment year.
Manufacturers are developing different
products like smoothies, energy bars which fulfill the nutritional requirements
of pregnant women. Easy availability of products that provide essential
nutrients like vitamins and proteins is expected to boost the demand for
prenatal vitamin supplements in the market.
Key brands are collaborating with ecommerce
sites like amazon and flipkart to offer their products across the globe at a
click of bottom. These products at then sold with different discounts schemes
and delivered at consumers door steps, increasing the sales of prenatal vitamin
supplements
As the number of women joining the workforce
increases and they have less time at their disposal to take care of their
health the demand for prenatal vitamin supplements that provide these nutrients
to the body is expected to rise. North America contributes maximum share in the
global revenue generation followed by Europe and Asia Pacific.
Key Takeaways from Market Study
- The prenatal vitamin supplements market is expected to
increase at CAGRs of 6.6% and 6.2% in North America and Latin America,
respectively, through 2032.
- Asia Pacific is expected to account for 18% of the market
share during the assessment year.
- Demand for prenatal vitamins supplements is expected to
witness rise as women are well aware about the benefits of consuming such
products, additionally they have easy access to different prenatal vitamin
supplements brands that are manufactured in regional markets.
- Increase in disposable income and willingness to spend on
healthcare products is expected to drive the European prenatal vitamin
supplement market, enhancing the natal care experience for the end users.
- The European prenatal vitamin supplements market is expected
to reach USD 338 Mn by 2032.
- Growing customer preference for healthy and wholesome diets
is driving sales of prenatal vitamin supplements across global markets.
“Rise in awareness of benefits of
consuming nutrient rich diet during pregnancy is expected to propel the demand
for prenatal supplements in the market globally. Many organizations are
changing their policies to offer parental care benefits and monetary benefits
along with maternity leaves is expected to impact revenue generation of
prenatal vitamin supplements market globally.” says a Future Market Insights analyst.
Competitive Landscape
Key manufacturers of prenatal vitamins are
focusing on research & development to offer different effective
formulations. Key players are collaborating and developing new product lines to
penetrate untapped markets and expand their sales channel.
- Mommy’s Bliss, is a leading health company for babies is
expanding into the prenatal market with a revolutionary range of prenatal
and postnatal multivitamins and supplements designed specifically for
parenthood journey. The brand, empowers new mothers to handle the specific
requirements and problems that come with pregnancy and postpartum care.
- Ritual, an online health firm that formulates clean
multivitamins for women expanded its product line by including a prenatal
vitamin containing 12 essential nutrients.
- Abbott has introduced its new series of prenatal vitamin
supplements under its infant & new mother care product lists that
involves products like SIMILAC PROBIOTIC that helps in creating a healthy
gut microbiome, Increasing the sales of prenatal vitamin supplements.
- Rainbow light has introduced its prenatal one multi that
comes with food -based multivitamin that provides complete nutrition for
mom and baby, that is easy to digest with probiotics & enzymes,
increasing the prenatal vitamin supplements market size.
Explore More Valuable Insights
Future Market Insights, in its new report,
offers an impartial analysis of the global prenatal vitamin supplements market,
presenting historical data (2017-2021) and estimation statistics for the
forecast period of 2022-2032.
The study offers compelling insights based
on Prenatal Vitamin Supplements Market By Form (Powdered, Liquid,
Gummies, Capsules), By Sales Channel (Offline Sales Channel
(Supermarkets/Hypermarkets, Departmental Stores, Convenience Store, Other Sales
Channel), Online Sales Channel (Company Website, E-commerce Platform), By
Region (North America, Latin America, Europe, East Asia, South Asia, Oceania,
MEA)
Frequently Asked Questions
- How much is the Global Prenatal Vitamin Supplements Market
worth?
- What is the demand outlook forecast for the Prenatal Vitamin
Supplements Market Globally?
- What was the last 5-year CAGR for the demand in the Prenatal
Vitamin Supplements Market?
- At What Rate Will Prenatal Vitamin Supplements Demand Grow in
Europe?
- What Are the Key Trends Shaping the Prenatal Vitamin
Supplements Demand Market?
Read More : https://www.futuremarketinsights.com/reports/prenatal-vitamin-supplements-market