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Fertility supplement market to Garner $3.65 Billion by 2030 | 7.5% CAGR

11-08-2022 07:09 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Fertility supplement market

Fertility supplement market

As per the report published by Allied Market Research, the global fertility supplements market generated $1.75 billion in 2020, and is projected to reach $3.65 billion by 2030, registering a CAGR of 7.5% from 2021 to 2030.

Continuous decline in fertility rates and delayed pregnancies in women drive the growth of the global fertility supplements market. However, technological advancements concerning fertility treatment hinder the market growth. On the contrary, increase in demand for natural ingredients is expected to open new opportunities for the market players in the future.

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Covid-19 scenario:

The Covid-19 pandemic positively affected the demand for fertility supplements as the Covid-19 virus affected fertility level of a person.
However, the prolonged lockdown and lack of skilled professionals during the pandemic negatively affected the market. The lockdown and restrictions on international trade disrupted the supply chain and create a huge gap between supply and demand.

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The report segments the global fertility supplements market on the basis of ingredients, product, end user, and region.

Based on ingredients, the natural segment is expected to portray the highest CAGR of 8.0% during the forecast period. However, the synthetic and blend segment held the largest share in 2020, contributing to nearly two-third of the market.

On the basis of end user, the men segment is projected to manifest the highest CAGR of 7.8% during the forecast period. However, the women segment held the lion's share in 2020, accounting for nearly three-fifths of the market.

The global fertility supplements market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific dominated in 2020, holding more than one-third of the market. Moreover, the region is projected to showcase the highest CAGR of 8.1% during the forecast period.

The global fertility supplements market includes an in-depth analysis of the prime market players such as Coast Science, Fairhaven Health, Active Bio Life Science GmbH, Lenus Pharma GesmbH, Exeltis USA, Inc., Orthomol, Bionova, PregPrep LLC, Fertility Nutraceuticals LLC., and TTK HealthCare Ltd.

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By ingredient, the natural segment held 35.59% share in the global fertility supplement market in 2020.

By product, the capsule segment exhibit fastest growth and is expected to grow at a CAGR of 8.20% from 2021 to 2030.

By end user, the women segment held largest market share in 2020 and is expected to remain dominant throughout the forecast period.

By region, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 8.10% during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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