Product Code: GVR-4-68040-095-8
Men's Health Supplements Market Growth & Trends
The global men's health supplements market size is expected to reach USD 132.13 billion by 2030, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 9.70% from 2023 to 2030. Factors such as the changing lifestyle & stressful work environment along with rising age-related health concerns are projected to drive the market's growth. In addition, rising competition in the market owing to the high consumer demand and rising emphasis of market players to manufacture quality supplements is another vital factor propelling the growth.
Rising age-related concerns among men are one of the major factors bolstering the demand for health supplements. As men age, they face a number of issues such as hair thinning, cardiovascular issues, immunity issues, performance issues, and prostate health issues among others. Health supplements often address these underlying age-related issues and support vitality and overall well-being. Some of the most selling supplements for male health are ADAM Superior Men's Multivitamin and SmartyPants Men's Complete, among others.
Moreover, the surging trend of veganism across the globe is projected to benefit the plant-based supplementation products which are anticipated to fuel the demand for plant-based dietary supplements over the forecast period. For instance, according to American Botanical Council, the retail sales of herbal supplements in the U.S. increased by 9.7% in the year 2021. The highest-selling herbal supplementation products in the U.S. were formulations containing elderberry, ashwagandha, and ginko which have a significant role in improving male health.
Furthermore, the high prevalence of lifestyle-associated disorders and robust demand for supplements to support normal body functions have facilitated novel product introductions and innovations. For instance, in October 2022 Pharmactive Biotech Products launched Liboost, an extract of Turnera diffusa to enhance sexual function in both women and men. The newly launched product is scientifically backed to boost sexual appetite and function.
Men's Health Supplements Market Report Highlights
- Weight management supplements dominated the market in 2022 with a revenue share of 35.76%. This large share can be attributed to the rising cases of obesity and related health ailments such as diabetes, cardiovascular diseases (CVDs), and hypertension
- Based on age group, the 31-45 segment was the largest revenue contributor for the industry with a share of 30.85% in 2022. The above 60 segment is expected to witness the fastest CAGR over the forecast period, owing to increasing life expectancy, rising awareness about wellbeing, and increasing disposable income
- Based on formulation, the capsule segment dominated the market with a revenue share of 35.38% in 2022. The higher revenue share is attributed to the high number of products available in capsule form owing to its lower cost, high convenience, high shelf life, and greater patient compliance
- Offline distribution channel segment dominated the global industry with a share of 74.35% in 2022, whereas the online segment is projected to register the highest CAGR during the projected period
- Asia Pacific region dominated the global industry in 2022 with a revenue share of 37.78%, owing to the availability large patient pool and robust demand for supplements
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Market Definitions
- 1.1.1.1. Type segment
- 1.1.1.2. Age group segment
- 1.1.1.3. Formulation segment
- 1.1.1.4. Distribution channel segment
- 1.2. Regional Scope
- 1.3. Estimates & Forecasts Timeline
- 1.4. Objectives
- 1.4.1. Objective 1
- 1.4.2. Objective 2
- 1.5. Research Methodology
- 1.6. Information Procurement
- 1.6.1. Purchased database
- 1.6.2. GVR's internal database
- 1.6.3. Secondary sources
- 1.6.4. Primary research
- 1.7. Information or Data Analysis
- 1.7.1. Data analysis models
- 1.8. Marker Formulation & Validation
- 1.9. Market Model
- 1.9.1. Commodity flow analysis
- 1.10. List of Secondary Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Increasing Awareness About Men's Health Supplements
- 3.2.1.2. Rising Inclination Toward Preventive Healthcare
- 3.2.1.3. Increasing Accessibility Of Supplements
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. High Cost Of Supplements
- 3.2.2.2. Less Product Penetration In Developing Economies
- 3.3. Industry Analysis Tools
- 3.3.1. Porter's Five Forces Analysis
- 3.3.2. PESTEL Analysis
- 3.3.3. COVID-19 Impact Analysis
Chapter 4. Type Business Analysis
- 4.1. Men's Health Supplements Market: Type Movement Analysis
- 4.2. Sports Supplements
- 4.2.1. Sports Supplements Market, 2018 - 2030 (USD Million)
- 4.3. Reproductive Health Supplements
- 4.3.1. Reproductive Health Supplements Market, 2018 - 2030 (USD Million)
- 4.4. Bone & Joint Health Supplements
- 4.4.1. Bone & Joint Health Supplements Market, 2018 - 2030 (USD Million)
- 4.5. Cardiovascular Health Supplement
- 4.5.1. Cardiovascular Health Supplement Market, 2018 - 2030 (USD Million)
- 4.6. Probiotic Supplements
- 4.6.1. Probiotic Supplements Market, 2018 - 2030 (USD Million)
- 4.7. Anti-Aging Supplements
- 4.7.1. Anti-Aging Supplements Market, 2018 - 2030 (USD Million)
- 4.8. Hair Growth Supplements
- 4.8.1. Hair Growth Supplements Market, 2018 - 2030 (USD Million)
- 4.9. Weight Management Supplements
- 4.9.1. Weight Management Supplements Market, 2018 - 2030 (USD Million)
- 4.10. Immune Health Supplements
- 4.10.1. Immune Health Supplements Market, 2018 - 2030 (USD Million)
- 4.11. Others
- 4.11.1. Other Types Market, 2018 - 2030 (USD Million)
Chapter 5. Age Group Business Analysis
- 5.1. Men's Health Supplements Market: Age Group Movement Analysis
- 5.2. 20-30
- 5.2.1. 20-30 Market, 2018 - 2030 (USD Million)
- 5.3. 31-45
- 5.3.1. 31-45 Market, 2018 - 2030 (USD Million)
- 5.4. 46-60
- 5.4.1. 46-60 Market, 2018 - 2030 (USD Million)
- 5.5. Above 60
- 5.5.1. Above 60 Market, 2018 - 2030 (USD Million)
Chapter 6. Formulation Business Analysis
- 6.1. Men's Health Supplements Market: Formulation Movement Analysis
- 6.2. Tablets
- 6.2.1. Tablets Market, 2018 - 2030 (USD Million)
- 6.3. Capsules
- 6.3.1. Capsules Market, 2018 - 2030 (USD Million)
- 6.4. Liquids
- 6.4.1. Liquids Market, 2018 - 2030 (USD Million)
- 6.5. Powders
- 6.5.1. Powders Market, 2018 - 2030 (USD Million)
- 6.6. Gummies
- 6.6.1. Gummies Market, 2018 - 2030 (USD Million)
- 6.7. Others
- 6.7.1. Other Formulations Market, 2018 - 2030 (USD Million)
Chapter 7. Distribution Channel Business Analysis
- 7.1. Men's Health Supplements Market: Distribution Channel Movement Analysis
- 7.2. Online
- 7.2.1. Online Market, 2018 - 2030 (USD Million)
- 7.3. Offline
- 7.3.1. Offline Market, 2018 - 2030 (USD Million)
Chapter 8. Regional Business Analysis
- 8.1. Men's Health Supplements Market Share By Region, 2022 & 2030
- 8.2. North America
- 8.2.1. North America Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. Key Country Dynamics
- 8.2.2.2. Competitive Scenario
- 8.2.2.3. Regulatory Framework
- 8.2.2.4. U.S. Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Key Country Dynamics
- 8.2.3.2. Competitive Scenario
- 8.2.3.3. Regulatory Framework
- 8.2.3.4. Canada Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. Key Country Dynamics
- 8.3.2.2. Competitive Scenario
- 8.3.2.3. Regulatory Framework
- 8.3.2.4. UK Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Key Country Dynamics
- 8.3.3.2. Competitive Scenario
- 8.3.3.3. Regulatory Framework
- 8.3.3.4. Germany Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. Key Country Dynamics
- 8.3.4.2. Competitive Scenario
- 8.3.4.3. Regulatory Framework
- 8.3.4.4. France Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3.5. Italy
- 8.3.5.1. Key Country Dynamics
- 8.3.5.2. Competitive Scenario
- 8.3.5.3. Regulatory Framework
- 8.3.5.4. Italy Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3.6. Spain
- 8.3.6.1. Key Country Dynamics
- 8.3.6.2. Competitive Scenario
- 8.3.6.3. Regulatory Framework
- 8.3.6.4. Spain Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3.7. Denmark
- 8.3.7.1. Key Country Dynamics
- 8.3.7.2. Competitive Scenario
- 8.3.7.3. Regulatory Framework
- 8.3.7.4. Denmark Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3.8. Sweden
- 8.3.8.1. Key Country Dynamics
- 8.3.8.2. Competitive Scenario
- 8.3.8.3. Regulatory Framework
- 8.3.8.4. Sweden Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.3.9. Norway
- 8.3.9.1. Key Country Dynamics
- 8.3.9.2. Competitive Scenario
- 8.3.9.3. Regulatory Framework
- 8.3.9.4. Norway Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.4.2. Japan
- 8.4.2.1. Key Country Dynamics
- 8.4.2.2. Competitive Scenario
- 8.4.2.3. Regulatory Framework
- 8.4.2.4. Japan Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.4.3. China
- 8.4.3.1. Key Country Dynamics
- 8.4.3.2. Competitive Scenario
- 8.4.3.3. Regulatory Framework
- 8.4.3.4. China Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. Key Country Dynamics
- 8.4.4.2. Competitive Scenario
- 8.4.4.3. Regulatory Framework
- 8.4.4.4. India Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Key Country Dynamics
- 8.4.5.2. Competitive Scenario
- 8.4.5.3. Regulatory Framework
- 8.4.5.4. Australia Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.4.6. Thailand
- 8.4.6.1. Key Country Dynamics
- 8.4.6.2. Competitive Scenario
- 8.4.6.3. Regulatory Framework
- 8.4.6.4. Thailand Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.4.7. South Korea
- 8.4.7.1. Key Country Dynamics
- 8.4.7.2. Competitive Scenario
- 8.4.7.3. Regulatory Framework
- 8.4.7.4. South Korea Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Key Country Dynamics
- 8.5.2.2. Competitive Scenario
- 8.5.2.3. Regulatory Framework
- 8.5.2.4. Brazil Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.5.3. Mexico
- 8.5.3.1. Key Country Dynamics
- 8.5.3.2. Competitive Scenario
- 8.5.3.3. Regulatory Framework
- 8.5.3.4. Mexico Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.5.4. Argentina
- 8.5.4.1. Key Country Dynamics
- 8.5.4.2. Competitive Scenario
- 8.5.4.3. Regulatory Framework
- 8.5.4.4. Argentina Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.6. MEA
- 8.6.1. MEA Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.6.2. South Africa
- 8.6.2.1. Key Country Dynamics
- 8.6.2.2. Competitive Scenario
- 8.6.2.3. Regulatory Framework
- 8.6.2.4. South Africa Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.6.3. Saudi Arabia
- 8.6.3.1. Key Country Dynamics
- 8.6.3.2. Competitive Scenario
- 8.6.3.3. Regulatory Framework
- 8.6.3.4. Saudi Arabia Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.6.4. UAE
- 8.6.4.1. Key Country Dynamics
- 8.6.4.2. Competitive Scenario
- 8.6.4.3. Regulatory Framework
- 8.6.4.4. UAE Men's Health Supplements Market, 2018 - 2030 (USD Million)
- 8.6.5. Kuwait
- 8.6.5.1. Key Country Dynamics
- 8.6.5.2. Competitive Scenario
- 8.6.5.3. Regulatory Framework
- 8.6.5.4. Kuwait Men's Health Supplements Market, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Strategy Mapping
- 9.3. Company Market Share Analysis, 2022
- 9.4. Company Profiles/Listing
- 9.4.1. Nature's Lab
- 9.4.1.1. Overview
- 9.4.1.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Nordic Naturals
- 9.4.2.1. Overview
- 9.4.2.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. NOW Foods
- 9.4.3.1. Overview
- 9.4.3.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Irwin Naturals
- 9.4.4.1. Overview
- 9.4.4.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. GNC
- 9.4.5.1. Overview
- 9.4.5.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Vitamin Shopee
- 9.4.6.1. Overview
- 9.4.6.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. Amway
- 9.4.7.1. Overview
- 9.4.7.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. Life Extension
- 9.4.8.1. Overview
- 9.4.8.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. New Chapter, Inc.
- 9.4.9.1. Overview
- 9.4.9.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. Metagenics LLC
- 9.4.10.1. Overview
- 9.4.10.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives