Press release
Fertility Supplements Market Projected to Reach USD 6.15 Billion by 2030
Fertility Supplements Market
The global fertility supplements market is experiencing substantial growth, driven by increasing infertility rates, lifestyle changes, and advancements in medical technology. Valued at approximately USD 3.7 billion in 2023, the market is projected to reach nearly USD 6.15 billion by 2030, reflecting a compound annual growth rate (CAGR) of 7.54% during the forecast period.
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●Competitive Landscape
The market is characterized by the presence of several key players focusing on product innovation and strategic partnerships to strengthen their market positions. Notable companies include:
Fairhaven Health
Coast Science
Lenus Pharma GesmbH
Active Bio Life Science GmbH
Vitabiotics Ltd.
Exeltis USA, Inc.
Bionova
Fertility Nutraceuticals LLC
Orthomol
Gonadosan Distribution GmbH (Fertilovit)
These companies are investing in research and development to introduce supplements that address specific fertility issues, leveraging natural ingredient formulations and clinically backed products to meet consumer demand.
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●Regional Demand Highlights
North America: In 2023, the North American fertility supplements market generated revenue of USD 728.6 million and is expected to grow at a CAGR of 5.5% from 2024 to 2030. The region's growth is driven by increasing awareness and acceptance of fertility supplements, along with the expansion of online retail platforms.
Asia-Pacific: Emerging economies such as India, China, Singapore, and Thailand present significant opportunities for market growth. Factors contributing to this include high-quality healthcare facilities, affordable treatment procedures, and a growing prevalence of infertility issues.
Europe: The European market is witnessing growth due to increased healthcare expenditures and the rising trend of delayed pregnancies, leading to a higher demand for fertility supplements.
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Country-Specific Developments
Vietnam: Opportunities in Fertility Supplement Adoption
Vietnam's healthcare sector is increasingly focusing on reproductive health, presenting opportunities for the adoption of fertility supplements to address rising infertility rates.
Thailand: Growth in Fertility Clinics Enhances Supplement Demand
The expansion of fertility clinics in Thailand is contributing to a heightened demand for fertility supplements as complementary treatments.
Japan: Trends in Natural Ingredient-Based Fertility Supplements
Japanese consumers are showing a preference for fertility supplements formulated with natural ingredients, aligning with the country's health and wellness trends.
South Korea: Technological Advancements Boosting Fertility Treatments
South Korea's advancements in medical technology are enhancing fertility treatments, with supplements playing a supportive role in improving outcomes.
Singapore: Integration of Supplements in Assisted Reproductive Services
Singapore's assisted reproductive services are increasingly incorporating fertility supplements to optimize patient results.
United States: Consolidation in Fertility Supplement Market
The U.S. market is experiencing consolidation, with key players engaging in mergers and acquisitions to strengthen their market presence.
China: Rising Infertility Rates Driving Supplement Demand
China's rising infertility rates are leading to increased demand for fertility supplements as part of comprehensive reproductive health strategies.Market.us
Europe: Emphasis on Clinical Validation of Fertility Supplements
European markets are placing greater emphasis on the clinical validation of fertility supplements, influencing consumer trust and adoption.
●Fertility Supplements Market Segment
by Ingredients
Natural
Synthetic
by Product
Capsule
Tablets
Soft Gels
Powders
Liquids
by End User
Men
Women
●Fertility Supplements Market Key Players:
1. Fairhaven Health - United States
2. Coast Science - United States
3. Exeltis USA, Inc. - United States
4. PregPrep LLC - United States
5. Fertility Nutraceuticals LLC - United States
6. Xytex Corporation - United States
7. FUJIFILM Irvine Scientific - United States
8. INVO Bioscience - United States
9. ALABAMA FERTILITY - United States
10. WebMD LLC - United States
11. Progyny, Inc. - United States
12. Carolinas Fertility Institute - United States
13. Zenith Nutrition - United States
14. SUPPLEMENA - United States
Fertility Supplements Key Players in Europe:
15. Lenus Pharma GesmbH - Austria
16. Active Bio Life Science GmbH - Germany
17. Orthomol - Germany
18. Bionova - Germany
19. IVFtech ApS - Denmark
20. Ocean Healthcare Private Limited - United Kingdom
21. Genea Limited - United Kingdom
22. Medicover AB (publ) - Sweden
●Key Recent Developments
The fertility supplements industry is witnessing significant advancements, including innovations in delivery systems and growing acceptance of dietary supplements. Companies are focusing on natural ingredient formulations and specialized supplements targeting specific fertility challenges for both men and women.
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