Mens Health Supplements Market Research, 2033
The global men's health supplements market size was valued at $63.8 billion in 2023, and is projected to reach $158.1 billion by 2033, growing at a CAGR of 9.5% from 2024 to 2033. One of the primary drivers for the men's health supplement market is the increasing awareness and focus on preventive healthcare. Men are becoming more proactive about their health, seeking ways to maintain wellness and prevent health issues before they arise.
Market Introduction and Definition
Men's health supplements are dietary products specifically formulated to address various health concerns unique to men. These supplements include vitamins, minerals, proteins, amino acids, and herbal extracts aimed at supporting overall wellness, muscle growth, energy levels, sexual health, prostate health, and cardiovascular function. Their importance lies in filling nutritional gaps, promoting physical performance, and preventing health issues that are more prevalent in men, such as prostate disorders and heart disease. Regular use of these supplements, alongside a balanced diet and healthy lifestyle, can enhance quality of life and help manage age-related health challenges effectively.
Key Takeaways
- The men’s health supplements market share study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Billion) for the projected period 2024-2033.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major men’s health supplements industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Dynamics
The factors driving the men's health supplements market growth is rising healthcare costs, an aging population, and a growing understanding of the importance of nutrition and supplementation in overall well-being. Additionally, advancements in medical research have highlighted the benefits of certain nutrients and compounds in supporting men's health, further driving the demand for supplements tailored to men's specific needs.
However, a the factor that restraint the men's health supplement market forecast growth is skepticism and misinformation. Despite growing awareness, many men remain skeptical about the efficacy and necessity of supplements. Misleading advertising and a lack of regulation in the supplement industry have contributed to this skepticism. Moreover, some men may prefer to rely solely on traditional healthcare methods or may be hesitant to try supplements due to concerns about side effects or interactions with medications. Overcoming these barriers requires transparent marketing, rigorous quality control measures, and education campaigns to dispel myths and build trust among consumers.
On the other hand, opportunity for the men’s health supplements market sharelies in product innovation and personalized solutions. As men become more health-conscious, there is a growing demand for supplements tailored to their specific needs and lifestyles. Products targeting areas such as prostate health, testosterone support, heart health, and mental well-being have great potential. Moreover, advancements in technology, such as genetic testing and personalized nutrition plans, enable companies to offer customized supplements based on individual requirements. Digital platforms and e-commerce also provide a convenient way for men to access information and purchase supplements, tapping into a broader consumer base.
Percentage of all estimated new cancer cases in Men 2024 for Men’s health supplements market
In 2024, the Canadian Cancer Society estimates that 78% of all new cancer cases in men will occur. Among these, prostate cancer is expected to represent 22% of the total cases. This data underscores the significant impact of cancer on men's health in Canada. With prostate cancer alone affecting nearly a quarter of all new cases, it highlights the critical need for men's health supplements that cater to both prevention and support during treatment. Manufacturers and marketers in the men's health supplement market should focus on developing products that address specific concerns related to cancer prevention, overall well-being, and support for those undergoing treatment. Awareness campaigns and educational initiatives can also play a vital role in advocating for men's health and encouraging proactive measures to combat cancer.
Market Segmentation
The Men’s health supplements market size is segmented into product type, application, distribution channel and region. Based on product type, the market is segmented into vitamins & minerals, protein supplements, herbal supplements, omega-3 supplements, probiotics, and others. By application, it is segmented into energy & endurance, muscle health, sexual health, prostate health, bone health, immunity, and others. As per distribution channel, it is bifurcated into offline provider, and online providers. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
The men's health supplement market shows promising growth globally, with North America leading due to increasing health awareness and aging populations. Europe follows closely, driven by rising concerns about men's health issues. In Asia-Pacific, rapid urbanization and lifestyle changes contribute to market expansion, particularly in countries like China and India. Latin America and the Middle East & Africa are emerging markets with growing health consciousness among men. However, regulatory challenges and cultural attitudes towards supplementation may influence growth. Overall, the global men's health supplement market is expected to witness steady growth driven by evolving consumer preferences and increasing health awareness worldwide.
- In July 2022, Birmingham tech startup Nourished launched its 3D-printed skincare supplements with beauty giant Neutrogena at the Consumer Electronics Show (CES) in Las Vegas, US.
- In January 2023, Johnson & Johnson brand Neutrogena announced a partnership with Nourished, a maker of 3D-printed dietary supplements, to print personalized skin care gummies called Nourished x Neutrogena Skin360 SkinStacks.
Industry Trends
- In January 2023, Birmingham tech startup Nourished launched its 3D-printed skincare supplements with beauty giant Neutrogena at the Consumer Electronics Show (CES) in Las Vegas, U.S.
- For instance, in January 2023, New Delhi-based Modicare, announced expansion of its Well range with the launch of ‘Well Gummies’. The ‘Well Gummy’ range offers five different variants viz. Well Hair, Skin & Nail Gummy, Well Perfect Body Gummy, Well Detox Gummy, Well Sharp Eye Gummy and Well Yummy-tamin Gummy. These gummies are 100% natural, devoid of any artificial colors, and rich in flavors. Adding to the benefits, nutrient-rich gummies also increase energy, strengthen immunity, improve metabolism, and boost overall well-being.
Competitive Landscape
The major players operating in the Men’s health supplements industry include Nature's Lab, Nordic Naturals, NOW Foods, Irwin Naturals, GNC, The Vitamin Shopee, Amway, Life Extension, New Chapter, Inc., Metagenics LLC. Other players in the Men’s health supplements market include Bayer AG, Herbalife Nutrition and so on.
Recent Key Strategies and Developments
- In January 2023, Capillus, one of the leaders in hair regrowth and restoration using laser therapy devices, announced the launch of Nurish, its first line of hair supplements made from Cynatine HNS, a cosmeceutical ingredient derived from natural proteins found in the body. The Nurish supplement marks a significant advancement in the quest for healthy, full hair. It is meticulously designed to supply the essential nutrients your body requires for the growth of stronger, healthier hair, incorporating ingredients that have been clinically proven to be effective.
- In May 2022, Wonderfeel, a frontrunner in wellness biosciences, announced the U.S. patent application, and largest human clinical trial for their launch of Youngr, a revolutionary synthesis combining NMN, the most direct NAD precursor (nicotinamide adenine dinucleotide) , with emergent antioxidants creating a predominant supplement to maximize health span.
Key Sources Referred
- World Health Organization (WHO)
- Canadian Cancer Society
- Centers for Medicare & Medicaid Services (CMS)
- National Health Service (NHS)
- National Health Mission (NHM)
- Centers for Disease Control and Prevention (CDC)
- Food and Drug Administration (FDA)
- National Institutes of Health (NIH)
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the men's health supplements market analysis from 2024 to 2033 to identify the prevailing men's health supplements market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the mens health supplements market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global men's health supplements market trends, key players, market segments, application areas, and market growth strategies.
Mens Health Supplements Market Report Highlights
Aspects | Details |
Market Size By 2033 | USD 158.1 Billion |
Growth Rate | CAGR of 9.5% |
Forecast period | 2024 - 2033 |
Report Pages | 216 |
By Product Type |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Players | Life Extension, Nature's Lab, Metagenics LLC., NOW Foods, Nordic Naturals, Amway, The Vitamin Shopee, New Chapter, Inc., Irwin Naturals, GNC |
The total market value of Men's Health Supplements Market is $63.57 billion in 2023.
The forecast period for Men's Health Supplements Market is 2024 to 2033
The market value of Men's Health Supplements Marketin 2033 is $158.7 billion
The base year is 2023 in Men's Health Supplements Market.
Top companies such as Nature's Lab, Nordic Naturals, NOW Foods, Irwin Naturals, GNC, The Vitamin Shopee, held a high market position in 2023. These key players held a high market postion owing to the strong geographical foothold in North America, Europe, Asia-Pacific, LAMEA.
The protein supplements segment is the most influencing segment in Ambulatory Surgery Center Market.
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