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. The global hair supplements market was valued at nearly USD 1497 million in 2022 and is expected to reach more than USD 3180 million in 2030, with a CAGR of over 8% during the forecast period 2023-2030.
Hair supplements are a type of dietary supplement intended to encourage healthy hair growth by providing various essential nutrients, minerals, and vitamins such as biotin, collagen, iron, vitamin D, and omega-3 fatty acids. While these supplements may aid in maintaining good hair health, it's essential to remember that they are not a substitute for a balanced diet and healthy lifestyle. Prior to incorporating any new supplement regimen, it's always recommended to seek advice from a healthcare provider if one has any concerns about their hair health. In addition to supporting healthy hair growth, hair supplements may also improve hair thickness and reduce hair breakage. However, it's important to note that the effectiveness of these supplements varies from person to person and may take several weeks or even months to produce visible results. While hair supplements are generally safe, it's crucial to follow the recommended dosage and not exceed it without consulting a healthcare professional.
The hair supplements market is experiencing significant growth due to the easy availability of hair supplement products. With more women joining the workforce, there is an increasing focus on self-care and healthy habits, including nourishing their hair. As hair plays a crucial role in one's overall appearance, the rising number of self-conscious individuals further drives the demand for hair supplements. Poor dietary choices, excessive use of hair chemicals, and genetic disorders have led to an increase in hair loss issues for both men and women, resulting in high hair fall and baldness. Hair supplements have emerged as a popular solution to combat these issues and promote hair health, further contributing to the growth of the hair supplements market. Although hair supplements may take time to produce visible results, ongoing research and development in hair-related problems and the launch of new hair supplement products provide opportunities for market growth.
The global hair supplements market is segmented geographically into North America, Asia-Pacific, Europe, and the Rest of the World. The Asia-Pacific region is expected to lead the market due to the increasing number of self-conscious individuals in the region. Additionally, North America is predicted to witness healthy growth in the hair supplements market with a significant CAGR during the forecast period. The growing preference for nutritional products in the North American region is a key driver of the hair supplements market. Europe is also expanding in the global hair supplements market due to the rising disposable income of consumers in the region.
The report on global hair supplements market covers segments such as ingredient, distribution channel, and form. On the basis of ingredient, the sub-markets include vitamins a, biotin, minerals, zinc, and other ingredients. On the basis of distribution channel, the sub-markets include online, and offline. 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 Church & Dwight Co., Inc., Country Life, LLC, Nestlé, Hairburst, Amway Corp., HUM Nutrition Inc., The Kroger Co., SWISSE INDIA, Sephora USA, Inc., and PHIMEDY.
The report provides deep insights into 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 the hair supplements market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. 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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