Global Prenatal Vitamin Supplement Market

Prenatal Vitamin Supplement Market Size, Share, Growth Analysis, By Type(Tablets, and Capsules), By Distribution Channel(Offline Market, and Online Market), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35I2136 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 61 | Figures: 75

Prenatal Vitamin Supplement Market News

  • In April 2023, US-based company, Garden of Life, launched a new prenatal vitamin supplement containing probiotics and digestive enzymes.
  • In February 2023, UK-based company, GSK Consumer Healthcare, launched a new prenatal vitamin supplement containing omega-3 fatty acids.
  • In January 2023, US-based company, The Clorox Company, announced its acquisition of US-based company, SmartyPants Vitamins, which produces a range of nutritional supplements including prenatal vitamins.
  • In August 2022, Canadian company, Jamieson Wellness Inc., launched a new line of prenatal vitamin supplements containing plant-based ingredients.
  • In June 2022, Chinese company, By-Health, acquired US-based company, Life Extension, which produces and sells a range of nutritional supplements including prenatal vitamins.
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Prenatal Vitamin Supplement Market size was valued at USD 0.68 billion in 2022 and is poised to grow from USD 0.74 billion in 2023 to USD 1.43 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

The for prenatal vitamin supplements market is highly fragmented, with the presence of numerous local and international players. The market is characterized by intense competition among the players, with a focus on product innovation, quality, and pricing strategies. The companies operating in the market are investing in research and development activities to develop new products and improve the existing ones. Additionally, companies are also adopting various marketing strategies such as mergers and acquisitions, partnerships, and collaborations to expand their product portfolios and geographical presence. The competitive landscape of the market is expected to remain intense over the forecast period. 'Garden of Life LLC (US)', 'Church & Dwight Co., Inc. (US)', 'Rainbow Light Nutritional Systems, Inc. (US)', 'MegaFood (US)', 'Nutramark, LLC (US)', 'Biotics Research Corporation (US)', 'Thorne Research Inc. (US)', 'Country Life, LLC (US)', 'New Chapter, Inc. (US)', 'Twinlab Consolidation Corporation (US)', 'Nordic Naturals, Inc. (US)', 'Nature's Way Products, LLC (US)', 'Nestlé S.A. (Switzerland)', 'Bayer AG (Germany)', 'S.A. Mason Vitamins Inc. (US)', 'Metagenics, Inc. (US)', 'DSM Nutritional Products AG (Switzerland)', 'Jamieson Laboratories Ltd. (Canada)', 'GNC Holdings, Inc. (US)', 'Pharmavite LLC (US)'

The rising awareness about the importance of proper nutrition and medication during pregnancy is a major driver of the market. Sedentary and stressful lifestyles have led to a deficiency of essential vitamins and minerals among pregnant women, resulting in negative consequences for both mother and baby. Prenatal vitamins supplement , containing vital nutrients such as folic acid and iron, help bridge the nutritional gaps in a woman's diet during pregnancy. Increasing awareness about the benefits of these supplements, along with government initiatives and higher disposable income, is driving the growth of the prenatal vitamins supplement market.

One key market trend in the prenatal vitamins supplement market is the growing demand for natural and organic prenatal vitamins supplement. Consumers are becoming more health-conscious and seeking products that are free from harmful chemicals and additives. This has led to an increased demand for natural and organic prenatal vitamins supplement , which are made from plant-based ingredients and are free from synthetic additives. Additionally, there is a growing trend of incorporating probiotics and digestive enzymes into prenatal vitamins supplement , which are believed to aid in digestion and promote a healthy gut microbiome in both the mother and baby.

North America dominated the prenatal vitamin supplements market due to the increasing adoption of prenatal vitamins supplement among pregnant women in the region. The United States has the largest market share in the North American region due to the presence of a large number of market vendors and higher disposable income among the population. Additionally, government initiatives to create awareness about the benefits of prenatal vitamins supplement have contributed to the growth of the market.

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Global Prenatal Vitamin Supplement Market

Report ID: SQMIG35I2136

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