Prenatal vitamin supplements consist of a variety of vitamins and minerals that are essential for the healthy development of the unborn baby. Vitamins and minerals such as iron, calcium, and folic acid are vital for proper fetal growth, development, and healthy adult living.
The report titled Global Prenatal Vitamins Supplements Market- Growth, Future Prospects and Competitive Analysis, 2022-2030 offers strategic insights into the overall prenatal vitamins supplements market along with the market size and estimates for the duration 2022 to 2030. The research study covers in-depth analysis of market segments based on product type, sales channel, and different geographical regions.
In order to help strategic decision makers, the report also includes competitive profiling of the leading players in the global prenatal vitamins supplements market, attractive investment proposition, and market positioning of key manufacturers sections.
Market size and forecast for these regional and country-level markets are presented in this study for the period 2020-2030. Market growth rates for the forecast period 2022-2030 are also included in this report, considering 2021 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global Prenatal Vitamins Supplements market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global prenatal vitamins supplements market. This report concludes with company profiles section that highlights major information about the key players engaged in global prenatal vitamins supplements market. In-depth competitive environment analysis and historical years (2020) market size data are also provided in the report.
Thus, the research study provides a holistic view of the global prenatal vitamins supplements market, offering market size and estimates for the period from 2022 to 2030, keeping in mind the above-mentioned factors.
Prenatal vitamins supplements are the mineral and vital amine supplements advised to be taken by women during pregnancy and postnatal lactation. Prenatal vitamin supplements are not intended to replace food, however it acts as addition for healthy food serving as a back-up for any nutritional gaps in the normal diet. A prenatal vitamin supplement can reduce the risk of birth defects, preterm birth and low birth weight baby, while helping the women to maintain own health during pregnancy. Prenatal vitamins are similar to other multivitamins, but contains different amounts of specific nutrients to better suit the needs of an expecting mother. The global prenatal vitamin supplements has been segmented product type such as folic acid, iron supplements, calcium supplements, essentials fatty acids and others. Folic acid held the largest market in the prenatal vitamin supplements market. Folic is advised in the early stages of the pregnancy and sometimes before conceiving. Folic acid is necessary to cover important fetal development requirements during the first weeks of early pregnancy. According to market experts, essential fatty acids would grow at a highest growth during the forecast period due to growing trend of supplement intake in working women and product innovation by key market players would drive the prenatal vitamin supplements market.
Prenatal vitamin supplements consist of a variety of vitamins and minerals that are essential for the healthy development of the unborn baby. Vitamins and minerals such as iron, calcium, and folic acid are vital for proper fetal growth, development, and healthy adult living. Prenatal vitamin supplements are gaining acceptance in the market due to aggressive promotion and enhanced sales channel to increase the accessibility to the consumers. Moreover, heightened recommendations from the physician and doctors are further driving demand for the prenatal vitamin supplements market. The prenatal vitamin supplements market on the basis of sales channel are segmented into supermarket, drug stores and online stores. Online stores held the largest market in the prenatal vitamin supplements market due to availability of wide variety of products as compared to supermarkets and drug stores. The variety in price points, private labels, product launches, broad product ranges, and discounts offered have increased the popularity online stores. Moreover, better accessibility to the products are acting as the driving factor for the online stores market. The growth in the number of supermarkets and hypermarkets in developing countries, the nutritional product manufacturers are targeting supermarkets and hypermarkets to reach the masses would help supermarket/hypermarket segment grow at the steady rate during the forecast period.
For the purpose of this study, the global prenatal supplements market is segmented into regional markets viz., North America, Europe, Asia Pacific, Latin America, Middle East and Africa. In the base year 2021, North America dominated the global prenatal vitamin supplements market due to the higher penetration of dietary supplements, increasing number of self-directed consumers, and easy availability of quality products. Europe followed North America in the domination of prenatal vitamin supplements market. The European Union has established the Nutrition and Health Claims Regulation, where stricter regulations have led to the introduction of safe and efficient products in Europe. Moreover, high level of sedentary lifestyle in the women of western countries are leading to the growth of prenatal vitamin supplements market. Asia-Pacific is anticipated to show a humongous growth of prenatal vitamin supplements market owning to factors such as increasing awareness among upper-middle-income segment, large pool of target population in the region, existing populous countries and continuous economic development would contribute the market growth in Asia Pacific.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Prenatal Vitamin Supplements market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Prenatal Vitamin Supplements market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Product
- Folic Acid
- Iron Supplements
- Calcium Supplements
- Essential Fatty Acids
- Others
Sales Channel
- Supermarkets/Hypermarkets
- Drug Stores
- Online Stores
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Prenatal Vitamin Supplements market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Prenatal Vitamin Supplements market?
- Which is the largest regional market for Prenatal Vitamin Supplements market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Prenatal Vitamin Supplements market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Prenatal Vitamin Supplements market worldwide?
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Table of Contents
Companies Mentioned
- Biotics Research Corporation
- Church & Dwight Co Inc.
- Country Life
- Garden of Life
- Rainbow Light
- MegaFood
- Metagenics
- Nutramark
- Pharmavite
- Twinlab
- Thorne Research
- New Chapter
- Nordic Naturals
- Similac
- Enfamil
