Urology Supplements Market Size to Expand Lucratively by 2031

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Urology Supplements Market- (By Type (Multi-ingredient, Single Ingredient), By Application (Urinary Tract Infections, Kidney Health, Prostate Health, Bladder Health and Others), By Formulation (Capsules, Softgels, Tablets, Liquid and Others), By Distribution Channel (Brick & Mortar, E-Commerce)) Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Urology Supplements Market is valued at US$ 1.74 Bn in 2023, and it is expected to reach US$ 3.29 Bn by 2031, with a CAGR of 8.43% during the forecast period of 2024-2031.

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Supplements for urology are dietary foods that support urinary tract health. These supplements may contain vitamin, mineral, botanical content, and other ingredients. The market has grown significantly in recent years due to the rising elderly population, more awareness, and the frequency of kidney-related issues. Furthermore, it is projected that the market will rise as a result of the rising demand for secure and efficient substitutes for prescription drugs. In addition, the advent of e-commerce has made urological supplements more accessible. Sales of certain supplements have increased despite the challenges associated with online purchases, including worries about compatibility and a lack of product knowledge.

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List of Prominent Players in the Urology Supplements Market:
• Theralogix
• Puritan's Pride
• Nature's Bounty
• Solaray
• Natrol, LLC.
• Himalaya Wellness.
• Biotexlife
• Schiff Nutrition
• ZAHLER
• Himalayan Organics

Market Dynamics:
Drivers-
The growing emphasis on preventative healthcare is a notable trend in the market for urology supplements. Consumers are embracing urology supplements as a preventative step to preserve ideal urological health and lower the chance of problems. Continuous research and development activities are also driving innovative formulations in the urology supplement industry. In order to meet the changing needs of health-conscious consumers, cutting-edge technologies are being used to improve the effectiveness of supplements. Furthermore, e-commerce platforms are witnessing a noteworthy shift in the urological supplements business. Customers may now readily obtain urological supplements from the comfort of their homes because of the ease of use and accessibility provided by online channels, which have resulted in a spike in product availability.

Challenges:
The market expansion is expected to be hampered by the scant scientific data. Furthermore, the COVID-19 pandemic has slightly harmed the market for urology supplements. The primary reason for this is the reduction in demand for urological supplements brought about by hospital closures and the postponement of non-emergency surgeries. Furthermore, supply chain disruption has reduced the market's potential because of restricted availability and lockdowns in numerous areas.

Regional Trends:
The North America urology supplements market is expected to register major market share in terms of revenue and projected to grow at a high CAGR in the near future. The growing incidence of lifestyle-related urological diseases, the simple access to supplement-based treatments, and a greater understanding of urological health are driving the rise of the region. Furthermore, a noticeable rise in consumers actively pursuing sustainable and noninvasive methods to enhance their overall urological well-being can be attributed to the increased awareness of urological health and changes in lifestyle choices. Besides, Asia Pacific had a substantial share in the market. Asia's population is actively looking for urological goods that improve overall well-being as they become more aware of their lifestyle choices. The demand for urology supplements is growing in the Asia-Pacific area because of customers' increasing desire to spend more money on health-enhancing items as their disposable income keeps rising.

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Recent Developments:
• January 2024: Theralogix is pleased to announce the release of Mannose One, a revolutionary that provides improved protection for the urinary system. Theralogix presents Mannose One, the only content-certified and independently tested d-mannose supplement.
• August 2023: With its 'Well' brand of Sci-Vedic products, Modicare Limited, a well-known direct-selling company in India, targets specific nutrition and wellness needs for both men and women. This growth demonstrates Modicare's dedication to providing a wide array of solutions designed to address different health needs. This is expected to support market expansion.

Segmentation of Urology Supplements Market

By Type
• Multi-ingredient
• Single ingredient

By Application
• Urinary Tract infections
• Kidney Health
• Prostate Health
• Bladder Health
• Others

By Formulation
• Capsules
• Softgels
• Tablets
• Liquid
• Others

By Distribution Channel
• Brick & Mortar
• E-commerce

By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.