Fertility Supplements Market to Hit USD 4.38 Billion by 2031, Growing at 8.3% CAGR: Key Trends and Opportunities

The fertility supplement market has been growing with a (YoY) year-on-year growth rate of 8.3% in the year 2021 with a total of 243820 MT. The fertility supplements market is predicted to develop at a significant CAGR of 8.3% through 2031, reaching a market capitalization of USD 4,382 Mn.

According to research by the American Society for Reproductive Medicine, the male partner is responsible for infertility in roughly 40% of infertile couples, and approximately 80%–90% of these couples are treated with pharmaceuticals including fertility supplements products like herbal fertility supplements, natural fertility supplements, vegan fertility supplements, etc. As a result, boosting the fertility supplements market.

Fertility supplements business research performed by FMI covers crucial findings such as the latest developments by key producers and projected production capacity, the current pricing of various levels of the supply chain, and price optimization plan across the value chain, as well as an economic evaluation of fertility supplements manufacturing.

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“Fertility supplement market has a promising future due to the demand for the product among the consumers worldwide. The trend of having an unhealthy diet, increasing sterile cases, and willingness to have children has played important role in promoting the growth of this segment,” – Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways:

• Because today’s lifestyle causes more harm to the ordinary person than it has ever been, the United States fertility supplements consumer market is predicted to rise at a ( compound annual growth rate) CAGR of 8.9% by the year 2031.
• In 2021, Germany will have a market share of 20.9 percent in the Europe region of the fertility supplement industry, with an 8.6 percent annual growth rate over the analysis period.
•  India has a market share of about 42.1 percent in the South Asian region for the fertility supplements consumer market in the year 2021, with a 10.9 percent growth rate throughout the forecast timeline.
•  Brazil’s fertility supplements consumer market will be worth USD 77.0 million in the year 2021 and will grow with a CAGR (Compound annual growth rate) of 7.1% through 2031.
• Fertility supplement product sales in China are expected to account for about 51.6 percent of the whole East Asian region of the market in the year 2021, with an annual growth rate of  7.6%.

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Way ahead for market’s growth

Owing to the increased consumer demand for fertility supplements in different regions of the world, the competition among various players is growing. Manufacturers are focusing their efforts on R&D to better segment the business scope and market and simultaneously innovate products to keep up with the competitors, such as non-GMO, organic, and so on.

Many trends like excessive smoking, unhealthy lifestyle, and rising rate of sterile cases have been major drivers for this market segment growth. Companies are working on innovation to bring products that best suits their consumers, have no harmful reactions and are safe for consumption with the best effect towards fertility. Owing to the introduction of new products and technological advancements such as fitness trackers, nutrition trackers, and others in the medical and healthcare industry, the natural fragment of the fertility supplements consumer market is valued at US$ 1,057.3 Mn and is expected to grow at a rate of 56.7 percent by the year 2031. Increased use of plant-extracted products to maintain a healthy lifestyle and reduced risk of adverse reaction is estimated to propel the growth of this segment even further.

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Market Segments Covered in Fertility Supplements Industry Analysis

By Type :

• Capsules
• Soft gels
• Powders
• Liquids
• Others

By Form :

• Natural
• Synthetic
• Blend

By End User :

• Men
• Women

By Sales Channel :

• Over the counter
• Prescribed

Region :

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

Authored by:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

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