SAN FRANCISCO, June 14, 2021 /PRNewswire/ — The world menopause industry size is anticipated to arrive at USD 22.7 billion by 2028, according to a new report by Grand Look at Research, Inc. The sector is envisioned to increase at a CAGR of 5.7% from 2021 to 2028. Increasing awareness pertaining to menopause-connected health and fitness features, high prevalence of menopausal indicators, and higher adoption of women’s health and fitness apps are anticipated to increase market growth all through the forecast time period.
Critical solutions from the report:
- The dietary health supplements segment dominated the market place in terms of profits share in 2020 and is envisioned to witness the swiftest expansion about the forecast period. The components contributing to phase growth are a huge number of females moving into menopause just about every calendar year and the start of ground breaking solutions. Cambridge Diagnostic Imaging (CaDi), a supplier of nutraceutical solutions for well being guidance, declared the launch of Lycovary Each day in December 2020. The item is a foodstuff supplement developed by a biotech business, Lycotec, built for ovarian health
- The OTC pharma products and solutions segment is divided into hormonal and non-hormonal goods. About-the-Counter (OTC) hormone preparations are turning into more popular for use by gals going through menopause. Some of the main items in the phase include things like Dehydroepiandrosterone (DHEA), ibuprofen, topical progesterone, and melatonin
- North The united states held the largest income share in the marketplace in 2020 thanks to aspects these kinds of as the growing prevalence of menopausal symptoms. Furthermore, an maximize in recognition about nutritional demands is top to a higher desire for them between more mature women
- In Latin The united states, the market is envisioned to sign up the speediest expansion level in excess of the forecast interval owing to elements these kinds of as increasing consciousness about women’s overall health and rising adoption of dietary supplements for menopause
- The marketplace is also witnessing mergers, acquisitions, and products launches. For instance, in December 2017, Nestlé Overall health Science declared the acquisition of Atrium Innovations for USD 2.3 Million. This was predicted to assist Nestlé grow into the nutrition industry
Read 100 page research report with ToC on “Menopause Current market Dimensions, Share & Traits Analysis Report By Therapy (Nutritional Dietary supplements, OTC Pharma Solutions), By Region (North The united states, Europe, APAC, Latin The usa, MEA), And Segment Forecasts, 2021 – 2028″ at: https://www.grandviewresearch.com/marketplace-investigation/menopause-market place
Essential gamers in the region are conducting strategies to produce awareness about menopause and the job of dietary supplements in easing the transition by way of it. In September 2019, EQUELLE partnered with actress Kate Walsh for its campaign Dwell Hot, Keep Cool. The campaign incorporated sharing of menopause-associated activities and tips by Kate with other girls and the function that EQUELLE, a nutritional complement, performed all through the transition.
There are different dietary dietary supplements readily available in the market place containing ingredients these as soy isoflavones, black cohosh, pink clover, and amberen. Brands are associated in the start of new products for controlling menopause signs. For occasion, in September 2020, Wellbeing and Her Ltd. introduced a assortment of nutritional supplements for running the indicators of menopause, these as vitamins C and B12, zinc, minerals, and herbs. These types of approaches can aid fulfill the increasing demand from customers for nutritional health supplements in the current market.
Grand View Study has segmented the international menopause marketplace on the basis of treatment and region:
- Menopause Treatment method Outlook (Earnings, USD Million, 2016 – 2028)
- Nutritional Dietary supplements
- OTC Pharma Solutions
- Hormonal goods
- Non-hormonal products and solutions
- Menopause Regional Outlook (Earnings, USD Million, 2016 – 2028)
- North The us
- Asia Pacific
- South Korea
- Latin The us
- Middle East & Africa (MEA)
List of Crucial Players of Menopause Market place
- Bayer AG
- Teva Pharmaceutical Industries Ltd.
- AbbVie, Inc.
- Pure Encapsulations, LLC.
- Dr. Reddy’s Laboratories Ltd.
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Grand Look at Study, U.S.-based current market research and consulting enterprise, offers syndicated as very well as custom-made research reviews and consulting products and services. Registered in California and headquartered in San Francisco, the business comprises in excess of 425 analysts and consultants, introducing extra than 1200 market investigation experiences to its wide databases every single 12 months. These experiences supply in-depth investigation on 46 industries throughout 25 major countries throughout the world. With the support of an interactive sector intelligence system, Grand Look at Exploration helps Fortune 500 organizations and renowned educational institutes comprehend the world-wide and regional small business environment and gauge the possibilities that lie forward.
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