Global postnatal health supplements market is poised to reach $2.79 billion by 2023, growing at 7.2% annually due to heightened awareness of postpartum depression and competitive product launches. Rising demand from expectant and new moms drives this surge within the rapidly expanding pharmaceutical sector.
With a 7.2% compound annual growth rate (CAGR) from 2023 to 2033, the global market for postnatal health supplements is anticipated to reach US$ 1.2 billion in 2022 and expand to $2.79 billion by 2023. Growing consumer awareness of postpartum depression and new product launches by top rivals are the main drivers of this growth. Maternity health supplements are becoming more popular among expectant and new moms as a way to reduce health risks for both them and their unborn children. Over the past 20 years, the pharmaceutical industry has grown quickly; in 2019, global sales of pharmaceuticals reached $1.25 trillion.
Global sales of postnatal health supplements market are expected to reach $2.79 billion by 2023, expanding at a 7.2% annual rate as a result of significant competitors launching new products and increased awareness of postpartum depression. In the midst of moms are looking for these supplements for health protection in a growing pharmaceutical sector, which is fueling the market’s rapid growth.
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The global postnatal health supplements market is anticipated to reach US$ 1.2 billion worldwide in 2022. The increased prevalence of postnatal depression along with the introduction of new products by the leading competitors are two key factors predicted to fuel the market’s growth during the forecast timeframe. By 2023, it is anticipated to have made US$ 2.79 billion, with a CAGR of 7.2% from 2023 to 2033.
More people are becoming aware of the dangers and illnesses that poor dietary habits can expose new mothers and expectant mothers to. As more women pick maternity health supplements to protect both themselves and their unborn children from challenges and illnesses, the market for these products is expanding. The 1.25 trillion dollars in reported global sales for the year 2019 show the pharmaceutical industry’s rapid growth over the past 20 years.
Major market participants are expanding their marketing budgets for postpartum health supplements. Pills for postpartum wellness are currently selling significantly better. Several governments are also highlighting the need of postnatal health education among their citizens. Globally, the need for postnatal health supplements has increased as a result of all of these issues.
Key Takeaways from this Market:
- Sales of postnatal health supplements increased at a 5.6% CAGR from 2018 to 2022.
- In 2022, the market for postnatal health supplements will be 38.2% made up of protein and amino acid supplements.
- In 2022, the capsule sector had a maximum market share of 41.5%.
- The market for postnatal health supplements in North America is anticipated to increase considerably in value during the projected period, with a market share of 34.2% in 2022. In terms of distribution channels, the pharmacy store-based retail segment held 76.5% of the market share in 2022.
- Germany will continue to be one of the most lucrative markets for postnatal health supplements in Europe in 2022, with a market share of 20.3%.
“Both governmental and private organizations throughout the world have launched a number of projects to address postnatal depression. This is predicted to raise women’s awareness, which would have a favorable effect on the market’s growth throughout the course of the forecast year,” – remarks an analyst at FMI.
Competitive Landscape:
Businesses are concentrating on promotional as well as advertising techniques to raise awareness among women and to build a solid customer base for their business. Church & Dwight Co. Inc., a significant maker of postnatal health supplements, provides its clients with high-value services in addition to the sale of postnatal health supplements. To increase their product portfolios, well-known businesses are putting more emphasis on new product development.
Prominent players in this market are:
- Church & Dwight Co. Inc.
- The Honest Company Inc.
- DuPont De Nemours Inc.
- New Chapter Inc.
- Nordic Naturals Inc.
- Pharmavite LLC
- Actif USA
- Eu Natural
- Naturelo Premium Supplements LLC
- Theralogix – Nutritional Science
- Pure Essence Labs
- Fairhaven Health – Milkies
- Pink Stork
- Vitabiotics Ltd.
- Others
Some key developments by leading companies in this market are:
- A brand-new, cutting-edge collection of prenatal and postnatal multivitamins as well as supplements designed specifically for the transition to parenthood was introduced by Mommy’s Bliss in 2020.
- The Mommy’s Bliss New Mom Line debuted with four essential items. Mommy’s Bliss Prenatal Regularity Support Gummies, Mommy’s Bliss Prenatal Omega + DHA Gummies, Mommy’s Bliss Prenatal Multivitamin + Iron, Mommy’s Bliss Prenatal Multivitamin + Probiotics, along with Mommy’s Bliss Prenatal Multivitamin + Iron are among the first products offered.
More Valuable Insights Available:
Future Market Insights offers an unbiased analysis of the global postnatal health supplements market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the postnatal health supplements market, the market is segmented on the basis of postnatal health supplements by ingredient (vitamins & minerals supplements, herbal supplements, prebiotic supplements, probiotic supplements), form (soft gels/pills), application (general well-being and lactation support, weight management) and across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
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Key Segments Profiled in this Market:
By Ingredient:
- Vitamins & Minerals Supplements
- Herbal Supplements
- Ayurvedic Extracts
- Algal Extracts
- Phyto-Chemicals
- Protein and Amino Acid Supplements
- Prebiotic Supplements
- Probiotic Supplements
By Form:
- Soft Gels
- Confectionery Products
- Pharmaceutical Products
- Tablet
- Capsule
- Liquid
By Distribution Channel:
- Store-Based Retailing
- Hypermarkets/Supermarkets
- Convenience Stores
- Drug Stores and Pharmacies
- Health & Wellness Stores
- Other Retailers
- Online Retailing
By Application:
- General Well-being and Lactation Support
- Weight Management
- Immune & Digestive Health
- Bone and Joint Health
- Heart Health
- Eye Health
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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