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Men's Health Supplements Market 2023 Global Key Players, Industry Analysis, Potential Growth, Latest Trends
Men's Health Supplements Global Market
The Business Research Company's Men's Health Supplements Global Market Report 2023 identifies Increasing nutritional deficiencies as the major driver for the Men's Health Supplements market's growth in the forecast period. Nutrient deficiencies occur when the body does not get enough essential vitamins, minerals, and other nutrients required for proper functioning and optimal health. Male health supplements are a potential way to fill nutrient gaps and enhance overall well-being, considering the rising incidence of nutritional deficiencies in males. Supplements for men's health support a balanced diet by supplying necessary vitamins, minerals, and other nutrients that may be missing from regular food intake.
The global men's health supplements market is expected to grow from $67.49 billion in 2022 to $74.05 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The men's health supplements market is expected to reach $108.25 billion in 2027 at a CAGR of 10%.
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Major competitors in the Men's Health Supplements market are Haleon plc, Herbalife Nutrition Ltd., GNC Holdings LLC, Vitamin Shoppe Inc., Biotest LLC, Hims & Hers Health Inc., Now Health Group Inc., Thorne Research Inc., Natrol LLC, Irwin Naturals Inc., Pharmavite LLC, Nutrix International LLC, Nordic Naturals Inc., Matsun Nutrition Inc., Makers Nutrition LLC, NutraBio Labs Inc., Vox Nutrition Inc.
A key trend in the Men's Health Supplements market includes Product innovation. Major companies operating in the men's health supplement market are focusing on developing new products to sustain their position in the market.
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The Men's Health Supplements market is segmented -
1) By Type: Sports Supplements, Reproductive Health Supplements, Bone And Joint Health Supplements, Cardiovascular Health Supplements, Probiotic Supplements, Anti-Aging Supplements, Hair Growth Supplements, Weight Management Supplements, Immune Health Supplements, Other Types
2) By Age Group: 20-30, 31-45, 46-60, Above 60
3) By Formulation: Tablets, Capsules, Liquids, Powders, Other Formulations
4) By Distribution Channel: Online, Offline
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Men's Health Supplements market.
The Business Research Company's "Global Men's Health Supplements Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Men's Health Supplements Market Include:
1. Executive Summary
2. Men's Health Supplements Market Characteristics
3. Men's Health Supplements Market Trends And Strategies
4. Men's Health Supplements Market - Macro Economic Scenario
5. Men's Health Supplements Market Size And Growth
……
27. Men's Health Supplements Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Men's Health Supplements Market
29. Men's Health Supplements Market Future Outlook And Potential Analysis
30. Appendix
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