A recent report published by Infinium Global Research on hair supplements market provides in-depth analysis of segments and sub-segments in the global as well as regional hair supplements market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional hair supplements market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global hair supplements market. According to the report, the global hair supplements market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
In 2018, L’Oreal acquired Logocos Naturkosmetik which is the German beauty company. The acquisition has enhanced the strengths of both companies. Companies operating the hair supplements market adopt strategies such as mergers, acquisitions, and new product launches to maximize their market share.
The growing awareness about the nutritional health benefits of hair supplements drives the growth of the hair supplements market. The easy availability of hair supplement products contributes to the growth of the hair supplements market. The rising number of health-conscious people fuels the growth of the hair supplements market. Nowadays, women are becoming a key part of the workforce. This encourages them to be self-conscious and becomes aware of healthy habits to nourish themselves. Hairs are an important part of one’s personality. Hair loss is becoming a problem for many men and women owing to inappropriate diet and sometimes genetic disorders. Doctors also recommend hair supplements to treat hair loss and enhance the health of hairs contributing to the growth of the hair supplements market. On the flip side, hair supplements require time to show results that hinder the growth of the hair supplements market. Moreover, research and development in hairs related problems and new product launches in hair supplements create new opportunities for the growth of the hair supplements market.
Geographically, the hair supplements market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. The Asia-Pacific region is expected to hold a dominant share in the global hair supplements market owing to the growing number of health-conscious people in the region. North America is anticipated to grow in the global hair supplements market with a healthy CAGR over the forecast period. The rising consumer preference for the nutritional products in the North America region drives the growth of the North America hair supplements market. Europe is growing in the global hair supplements market due to increasing consumer’s disposable income.
The report on global hair supplements market covers segments such as ingredients, distribution channel, and form. On the basis of ingredients, the sub-markets include vitamin a, biotin, saw palmetto extract, vitamin d, folic acid, and other ingredients. On the basis of the distribution channel, the sub-markets include a supermarket, hypermarket, online channels, and pharmacy. On the basis of form, the sub-markets include capsules, pills, and tablets.
The report provides profiles of the companies in the market such as Viviscal Ltd., Country life, LLC, L’Oreal S.A., Nature’s Bounty Co., New Chapter, Inc., Elvanveda, Inc., Parapharmacie Paraphatmanet, Brock Beauty Inc, Imedeen, The Boots Company, Plc, and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of hair supplements market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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