Authored By: Sarah
11 Jul 2024

 Prenatal Vitamin Supplements Market Size to grow by USD 305.7 million between 2024-2028

According to a research report “ Prenatal Vitamin Supplements Market” by Distribution Channel (Conventional retail channels, Direct selling and e-retailing) Form Factor (Powder, Liquid, Capsules, Gummies) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 305.7 million, at a CAGR of over 9.45% during the forecast period. Prenatal vitamin supplements are essential for pregnant women as advised by healthcare professionals to enhance the prospects of delivering a healthy baby. These supplements are fortified with folic acid, a vital nutrient during pregnancy, which plays a crucial role in the prevention of neural-tube defects, such as spina bifida. While consuming folate-rich foods, like leafy green vegetables, is recommended, it is challenging to obtain the recommended daily intake solely through diet. Furthermore, women with a history of neural- tube defects or those at an increased risk are often prescribed a higher dose of 5mg of folic acid daily until the 12th week of pregnancy.

Browse market data tables, figures, and in-depth TOC on “Prenatal Vitamin Supplements Market” by Distribution Channel (Conventional retail channels, Direct selling and e-retailing) Form Factor (Powder, Liquid, Capsules, Gummies) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Distribution Channel, the Conventional retail channels segment is projected to dominate the market size in 2024

The Prenatal Vitamin Supplements market represents a significant business opportunity due to the growing awareness of the importance of maternal health and fetal development. Key players in this industry focus on providing comprehensive supplements containing essential nutrients like folic acid, iron, calcium, and DHA. Market growth is driven by increasing birth rates, rising healthcare expenditures, and consumer preference for proactive health measures. Companies invest in research and development to differentiate their offerings, catering to various consumer segments and preferences.

By Form Factor, Powder  segment is expected to hold the largest market size for the year 2024

The Prenatal Vitamin Supplements market represents a significant business opportunity due to the growing awareness of the importance of maternal health and fetal development. Key market drivers include increasing maternal obesity rates, rising maternal age, and a higher number of pregnancies among working women. Market players focus on innovation, product differentiation, and strategic partnerships to cater to evolving consumer preferences and regulatory requirements.

North America is forecasted to hold the largest market size by region in 2024

The Prenatal Vitamin Supplements market is experiencing significant growth due to increasing awareness of the importance of maternal health and fetal development. Key players in this industry prioritize fortifying their offerings with essential nutrients such as folic acid, iron, and calcium. Consumer preferences lean towards personalized and convenient supplement solutions, driving innovation in delivery formats like gummies and beverages. Regulatory compliance and sustainability are also critical factors shaping market dynamics.

The Prenatal Vitamin Supplements Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Abbott Laboratories
  • Alora Pharmaceuticals LLC
  • Bayer AG
  • Biotics Research Corp.
  • Church and Dwight Co. Inc.
  • Dr Reddys Laboratories Ltd.
  • Duchesnay Inc.
  • Fermentis Life Sciences Pvt. Ltd.
  • Kikkoman Corp.
  • Natals Inc.
  • Nestle SA
  • Nordic Naturals Inc.
  • Novus Life Sciences Pvt. Ltd.
  • Otsuka Holdings Co. Ltd.
  • Pharmavite LLC
  • PlusPlus Lifesciences LLP
  • The Clorox Co.
  • The Procter and Gamble Co.
  • TherapeuticsMD Inc.
  • West Coast Pharmaceuticals
.

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Research Analysis Overview

Prenatal vitamin supplements have become an essential part of prenatal care for pregnant women, ensuring they receive the necessary essential vitamins and minerals for fetal development and maternal nutrition. With an increasing focus on organic and non-GMO options, the prenatal vitamin market caters to the demands of expectant mothers seeking natural formulations. Online retail and direct selling platforms have made it convenient for pregnant women to access these supplements, offering various forms such as powders, gummies, tablets, and capsules. Obstetricians often recommend prenatal vitamins to address health issues related to pregnancy, including stressful and sedentary lifestyles, which may lead to birth defects. Essential fatty acids, such as DHA and EPA, are crucial components of prenatal vitamin formulations, contributing to the development of the baby's brain and eyes. Minerals like iron, calcium, and folic acid are essential vitamins that support the mother's health and the baby's growth. As the demand for natural and organic prenatal vitamins grows, the market continues to expand, offering a range of options tailored to the unique needs of pregnant women. Consult with your healthcare provider to determine the right prenatal vitamin supplement for your pregnancy journey.

Market Research Overview

The Prenatal Vitamin Supplements market is experiencing significant growth due to the increasing awareness of preventive healthcare and the importance of maternal nutrition during pregnancy and childbringing age. The OTC segment of this market is particularly thriving as health-conscious consumers seek to ensure they are getting the necessary nutrients for fetal development and their own health. Key drivers of this market include healthcare awareness, maternal age, and the rising number of teen pregnancies. Expectant mothers require a variety of essential vitamins and minerals, including folic acid, iron, calcium, and vitamins D, C, and E, for the proper growth and development of their child. Prenatal vitamins are available in various forms such as powders, formulations, gummies, tablets, and capsules, catering to the preferences of vegan, organic, non-GMO, and health-conscious consumers. The market is also witnessing a trend towards plant-based alternatives and vegan-friendly options, as well as special offers, discounts, and expert advice offered by online retailers and e-commerce platforms. However, concerns regarding artificial additives, digestive problems, and shelf life remain. Anemia, birth abnormalities, and immunity are major health issues addressed by prenatal vitamins. Institutional delivery campaigns by health organizations, obstetricians, and health issues related to stressful and sedentary lifestyles further fuel the demand for these supplements. The market is expanding in both urban and rural areas, with drug stores, pharmacies, and the online market catering to the needs of pregnant women.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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