Lucintel Forecasts the Global Men Health Supplement Market to Reach $93.7 billion by 2030
Lucintel Forecasts the Global Men Health Supplement Market to Reach $93.7 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global men health supplement market looks promising with opportunities in the tablet, capsule, liquid, powder, and gummy markets. The global men health supplement market is expected to reach an estimated $93.7 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are rising prevalence of lifestyle-related disorders, increasing cases of nutritional deficiencies among men, and expanding trend of fitness and bodybuilding.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in men health supplement market to 2030 by type (sports supplements, probiotic supplements, anti-aging supplements, hair growth supplements, weight management supplements, immune health supplements, and others), age group (20-30, 31-45, 46-60, and above 60), formulation (tablets, capsules, liquids, powders, gummies, and others), distribution channel (online and offline), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that weight management will remain the largest segment over the forecast period due to its increasing demand among people with cases of obesity and related health ailments, such as diabetes, cardiovascular diseases (CVDs), and hypertension.
Within this market, capsule will remain the largest segment due to its rising preference among patients given to its various advantages, such as lower cost, high convenience, extended shelf life, and enhanced patient compliance.
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APAC is expected to witness highest growth over the forecast period due to existence of major patient pool, rising population's disposable income, and presence of key players in the region.
Nature's Lab, Nordic Naturals, NOW Foods, Irwin Naturals, GNC, The Vitamin Shopee, and Amway are the major suppliers in the men health supplement market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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