Global Fertility Supplements Market

Fertility Supplements Market Size, Share, Growth Analysis, By End-Use(Men, and Women), By Distribution Channel(OTC, and Prescribed), By Product(Capsules, Tablets, Soft Gels, Powders), By Ingredient Type(Natural, Synthetic/ Blend of Natural & Synthetic), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30I2247 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 61 | Figures: 75

Fertility Supplements Market Dynamics

  • Fertility Supplements Market Drivers 

The effects of smoking, drinking, and caffeine on fertility 

Fertility supplements improve hormonal balances, trigger ovulation, and increase the likelihood of conception and childbirth in both sexes. A person of reproductive age can become infertile in either a male or a female gender. Male infertility is mostly caused by low sperm count or impaired sperm motility, which can be brought on by a hormonal imbalance. 22.3% of people worldwide smoked tobacco in 2020, comprising 36.7% of men and 7.8% of women. Tobacco is one of the largest risks to public health in history, killing about 8 million people annually worldwide. More than 7 million of the fatalities are directly linked to tobacco use, and over 1.3 million 

The rapidly expanding health and wellness sector 

Increased worldwide health awareness across all age groups is anticipated to be a major factor in the rise in the number of fertility examinations. Businesses like Fairhaven have been spending more money on creating fertility kits that are simple to use and provide accurate results. Because of this, the health and wellness market is anticipated to grow over the forecast period and is anticipated to be very important in the promotion of fertility supplements. A number of factors, such as an increase in the number of cases of infertility, an increase in risk factors linked to infertility, growing public awareness of reproductive health, and an increase in product launches, are expected to contribute to the positive growth of the fertility supplement market. 

  • Fertility Supplements Market Restraints 

Lack of Scientific Evidence 

the increasing popularity of fertility supplements, there is a lack of scientific evidence to support their effectiveness. Many of the claims made by manufacturers are not backed by rigorous clinical trials or studies, which has led to skepticism among some healthcare professionals and consumers. 

Increase in the desire for IVF, sperm and egg freezing, and surrogacy 

The World Health Organization reports that more than 10% of women who have attempted and succeeded in maintaining a stable relationship for five years or more are victims of abuse. A large percentage of people experience infertility at some point in their lives. A recent WHO research states that 17.5% of individuals worldwide, or one in six, are infertile, highlighting the urgent need to increase access to high-quality, cost-effective reproductive care for those who need it. According to the European Society of Human Reproduction and Embryology, ICSI (intracytoplasmic sperm injection) and IVF result in the birth of about half a million newborns yearly out of two million treatment cycles. Based on initial findings

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Fertility Supplements Market size was valued at USD 1.94 Billion in 2022 and is poised to grow from USD 2.10 Billion in 2023 to USD 3.88 Billion by 2031, at a CAGR of 8% during the forecast period (2024-2031).

The global fertility supplements market is highly competitive in nature with the presence of various key players. The market is fragmented due to the presence of numerous local and international players, and the high degree of competition is leading to continuous innovation, development, and launching of new products. The competitive landscape of the global fertility supplements market is expected to remain intense, with companies focusing on product innovation, strategic partnerships, and mergers and acquisitions to gain a competitive advantage. 'TTK HealthCare (India)', 'Fairhaven Health LLC (U.S.)', 'Zenith Nutritions (India)', 'INVO Bioscience (U.S.)', 'Vitabiotics Ltd (U.K.)', 'Bionova Lifesciences (India)', 'Exeltis USA Inc. (U.S.)', 'Fujifilm Irvine Scientific, Inc. (U.S.)', 'Coast Science (U.S.)', 'Orthomol (Germany)', 'Theralogix LLC (U.S.)', 'Mira (U.S.)', 'Proxeed Plus (U.S.)', 'Fertility Nutraceuticals LLC (U.S.)', 'Fertility Focus Limited (U.K.)', 'DCC plc (Ireland)', 'Purelife Bioscience Co. Ltd. (Taiwan)', 'Fertility Smart (Australia)', 'Concepta Diagnostics (U.K.)', 'TTK Prestige Ltd (India)'

Fertility Supplements Market Drivers 

Increasing demand for natural and organic supplements: Consumers are increasingly opting for natural and organic fertility supplements as they are perceived to be safer and have fewer side effects. These supplements are made from natural ingredients such as herbs, vitamins, and minerals, and do not contain any synthetic substances. For instance, In folic, a natural supplement made from myo-inositol and folic acid, has gained popularity in the market due to its natural composition and effectiveness in promoting fertility.

North America held the largest share in the global fertility supplements market. Data from the Centers for Disease Control and Prevention (CDC) update indicated that 14.1% of women aged 15 to 49 in the U.S. had impaired fertility, while 15.1% of married women aged 15 to 49 had impaired fertility. In addition, 7% of married women were found to be infertile, which has increased the demand for fertility products in the region. Furthermore, the market in Canada is expected to grow rapidly due to initiatives by the government and nonprofit organizations such as Fertility Matters Canada to raise awareness about fertility medication and treatment, as well as the rising rates of obesity and sexually transmitted infections.

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Global Fertility Supplements Market

Report ID: SQMIG30I2247

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