The menopausal wellness market recorded a CAGR of 8.4% during the historical period (2016-2020), with North America and East Asia recording the highest demand due to the rapid increase in the population of postmenopausal women.
The latest Fact.MR study comments on the growing prevalence of women’s health problems and the adoption of menopausal wellness products to grow as cases of women’s diseases such as oophorectomy and urinary incontinence skyrocket. The market experienced moderate growth at a CAGR of 8.4% through 2020, but is expected to generate three revenues through 2031, driven by rising awareness of women’s well-being.
According to research by Fact.MR, the menopausal wellness market is poised to grow at an astonishing rate due to the rapid growth in the population of postmenopausal women in regions such as North America and East Asia. In addition, advanced technology and product innovation and transformation have helped manufacturers increase output and generate triple-digit multi-billion dollar revenues.
“The growing awareness of women’s health and demand for different types of supplements to relieve menopausal symptoms, such as vegan and gluten-free, have helped produce menopausal health products,” says a Fact.MR analyst.
Download sample copy of this report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=5667?AS
Key Takeaways
- The United States is the largest consumer of menopausal health products, followed by Germany.
- Russia and the UK are emerging as potential suppliers and consumers of menopausal health products
- No. 1 in menopausal wellness market demand, likely to change India and China
- Black cohosh root extract with major share
- Securing 50% of market share in capsules
prominent driver
- Growing global female population and female consumer awareness fuel demand.
- Sales growth due to increased women’s health issues such as osteoporosis and polycystic ovary syndrome
- Increase product R&D initiatives to increase demand
competitive landscape
The aforementioned market participants are considered to be prominent players in the menopausal wellness market. Key market players are focusing on strategic partnerships to target the enormous potential the company can offer. Launching new products with specific symptom-relieving properties is one of the major priorities for manufacturers. Nonetheless, the market is inherently highly fragmented and dominated by large and medium-sized enterprises (SMEs) to choose from.
- For example, in February 2020 DrFormulas launched Nexabiotic, a new supplement that helps support the immune system in fighting cold and flu germs.
- Similarly, in June 2020 Dr. Tobias launched additional immune support supplements and vitamins.
- Similarly, in March 2020, Natrol launched three drug-free energy products: Relaxia Ultimate Calm, Relaxia Day Calm, and Relaxia Night Calm.
- Additionally, i-health’s parent company, DSM, has entered into a strategic alliance with Huami Corp. in health tracking and wearable technology for personalized nutrition enhancement.
Coming out with novel products and targeting strategic acquisitions and acquisitions are key to making a presence in the marketplace for manufacturers.
market titan
- amway
- Dr. Formula / One-a-day
- Dr. Tobias
- estroben
- life season
- Natrol
- nature’s answer
- nature way
- Now Foods
- organic india
- pure essence
- Solgar
- source naturals
- Solar Ray
Main sectors covered
- menopausal wellness productsBlack Cohosh Root Extract
calcium supplements
DHEA supplements
angelica extract
flaxseed oil
Ginseng
Phytoestrogens supplements
multivitamin
St. John’s Wort Supplements
vitamin D
Wild Yam Root Extract - main functionRegulate mood swings/balance hormones
Relieves hot flashes and night sweats
bone health
libido support - formcaplet
capsule
Liquid
tablet - sales channeldirect sales
Supermarkets and Hypermarkets
pharmacy and pharmacy
wellness expert
company online channel
Third Party Online Channels
practitioner channel - regionNorth America
Latin America
europe
East Asia
South Asia and Oceania
thing
More valuable insight into the menopausal wellness market
In its latest research, Fact.MR provides in-depth insight into the global menopausal wellness market. Product (black cohosh root extract, calcium supplement, DHEA supplement, angelica extract, flaxseed/oil, ginseng, phytoestrogens supplement, multivitamin, St. John’s wort supplement, vitamin D, wild yam root extract), primary function (regulates mood swings/balances hormones, relieves hot flashes and cold sweats, supports bone health and libido), form (caplets, capsules, liquids and tablets), and sales channels (direct sales, supermarkets and hypermarkets, pharmacies and drugstores, and health specialties) , company online channels, third-party online channels and doctor channels) and major regions (North America, Latin America, Europe, East Asia, South Asia,
Key questions addressed in the report
- Which region is the most lucrative in the Menopause Wellness market?
- What products are you most looking for?
- Who are the prominent market players operating in the menopausal health market?
- What constraints will affect the menopausal wellness market?
- What will be the impact of COVID-19 on the menopausal wellness market in the coming years?