Fertility Supplements Market to be Worth $3.52 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, Nov. 10, 2022 /PRNewswire/ -- The global fertility supplements market size is predicted to reach USD 3.52 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.9% from 2022 to 2030. The decline in fertility rates caused by increased consumption of cigarettes, alcohol, and caffeine is expected to fuel demand for fertility supplements in the coming years.

Key Industry Insights & Findings from the report:

• By ingredient, the natural segment is predicted to expand at the fastest CAGR of 10.0% in the forecast period owing to changing consumer preferences for using products that contain herbal and organic ingredients rather than synthetic ingredients.
• By product, capsules and tablets held a sizeable revenue share in 2021 on account of ease of consumption and convenience for consumers.
• By distribution channel, the over-the-counter (OTC) segment led the market with a revenue share of over 75.0% in 2021 owing to the accessibility and convenient purchasing of such products.
• Asia Pacific is anticipated to witness the fastest growth in the forecast period owing to rising consumption of supplements and growing retail chains in India, Japan, and China.
• The market for fertility supplements is highly competitive. A number of strategic initiatives, such as mergers and acquisitions, product innovation, and portfolio expansion, have been favored by the dominant market players.

Read 150 page full market research report, "Fertility Supplements Market Size, Share & Trends Analysis Report By Ingredient (Natural, Synthetic/Blend), By Product (Capsules, Tablets, Soft Gels), By End-use, By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Fertility Supplements Market Growth & Trends

Rising demand for herbal fertility supplements owing to their natural ingredients is expected to drive the market. Consumers are seeking ingredients such as primrose oil, red clover, and grape seed extracts in products that are highly effective and have low side effects. In order to meet consumer demand all over the world, manufacturers are focusing on offering a combination of natural and synthetic ingredients. This trend is likely to continue over the forecast period and propel the market growth.

Growing consumer awareness regarding the nutritional value and health advantages of consuming dietary supplements is leading to a rise in the demand for over-the-counter (OTC) fertility supplement products. Therefore, the market is anticipated to witness substantial growth in emerging economies. Demand for fertility supplements is also anticipated to increase over the forecast period due to self-medication, cost efficiency, and convenience of direct purchase.

Male infertility is mostly known to be caused by low sperm counts or lower sperm motility, which may be caused by hormonal imbalances. The pituitary gland and hypothalamus must function properly for both men and women to avoid hormonal imbalance and to be fertile. Increased alcohol and drug use, higher levels of stress, obesity, environmental factors, and frequent smoking are among the main causes of the rise in infertility rates, which will fuel the demand for fertility supplements.

Numerous government initiatives are planned to raise public awareness regarding fertility supplements and advance research and development, which has aided decision-makers in selecting supplements while taking their prior illness into account. For instance, U.S. Preventive Services Tasks, the Institute of Medicine, and the Centers for Disease Control and Prevention recommend all women in reproductive age consume folic acid to prevent birth defects such as Neural Tube Defects (NTD). The market for fertility supplements is expected to expand as a result of the current focus on sexual well-being and increased consumer interest in fertility supplements.

Government initiatives such as "one child per couple," which involved forced sterilizations or abortions, reduced women's fertility. However, it is anticipated that the elimination of the one- or two-child per couple policies and significant changes to family planning laws will positively impact fertility rates. This element is predicted to hamper market expansion in China.

Fertility Supplements Market Segmentation

Grand View Research has segmented the global fertility supplements market based on ingredient, product, end-use, distribution channel, and region:

Fertility Supplements Market - Ingredient Outlook (Revenue, USD Million, 2017 - 2030)

• Natural
• Synthetic/ Blend of Natural & Synthetic

Fertility Supplements Market - Product Outlook (Revenue, USD Million, 2017 - 2030)

• Capsules
• Tablets
• Soft Gels
• Powder
• Liquids

Fertility Supplements Market - End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Men
• Women

Fertility Supplements Market - Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• OTC
• Prescribed

Fertility Supplements Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• U.K.
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia

List of Key Players in Fertility Supplements Market

• Fairhaven Health
• Coast Science
• Lenus Pharma GesmbH
• Active Bio Life Science GmbH
• Orthomol
• Exeltis USA, Inc.
• PregPrep LLC
• Bionova
• Vitabiotics Ltd.
• TTK Healthcare Ltd.
• Fertility Nutraceuticals LLC
• extreme V, Inc.
• VH Nutrition LLC
• CellOxess LLC
• Gonadosan
• Amino Expert (Innovamed Ltd.)
• Babystart Ltd.
• Crown Nutraceuticals
• Sal Nature
• YadTech

Check out more related studies published by Grand View Research:

• Protein Supplements Market - The global protein supplements market size is expected to reach USD 42.81 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.5% from 2021 to 2030. The growing number of fitness centers on account of rising millennials' interest in health and wellness is expected to drive the market over the forecast period. The protein supplement manufacturing companies are primarily concentrated in Europe and North America owing to the abundant availability of raw materials. A higher rate of obesity in these regions is leading the consumers to opt for a healthy lifestyle and eating habits, which is expected to increase the demand for protein supplements over the forecast period.
• Digestive Enzyme Supplements Market - The global digestive enzyme supplements market size is expected to reach USD 1.6 billion by 2025, according to a new report published by Grand View Research, Inc. Growing consumer awareness regarding the severity of digestive disorders coupled with the need for good health is expected to stimulate industry growth over the forecast period. The increasing incidence of gastrointestinal tract diseases, such as irritable bowel syndrome, constipation, inflammatory bowel disease, and gastroesophageal reflux disease, has raised concerns towards stomach health, which in turn is anticipated to fuel product growth.
• Collagen Supplements Market - The global collagen supplements market size is expected to reach USD 2.88 Billion by 2028, registering a CAGR of 5.5% in the forecast period, according to a new report by Grand View Research, Inc. This growth can be credited to its increasing consumption, rising aging population, and rising number of buyers of healthy food products. Moreover, growing awareness of health benefits among millennials and the preference of consumers for collagen supplements, are major factors that drive the market growth in the forecast period.

Browse through Grand View Research's  Nutraceuticals & Functional Foods Industry Research Reports.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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