The global fertility supplements market is projected to grow at a considerable CAGR of around 7% during the forecast period (2020-2026). Change in the lifestyle among women is also considered as the major factor that tends to affect the fertility of men and women. The consumption of inadequate diet and body weight plays a major role in growing infertility among both men and women. Overweight or underweight is one of the factors that affect hormone production and affect the ovulation process among women. The increasing awareness among the population related to fertility supplements is anticipated to drive the growth of the market across the globe.
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The major players of the fertility supplements market include Fairhaven Health, LLC, Bionova Lifesciences, PregPrep LLC, Exeltis USA, Inc., Fertility Nutraceuticals LLC, Active Bio Life Science GmbH, LENUS Pharma GesmbH, CoastScience, Supplemena LLC, ZenithNutrition, Bayer AG, Genea Ltd. among others.
Additionally, increasing stress, changing lifestyle, and medication affecting genetic abnormalities and spermatogenesis are major factors that cause infertility among men across the globe thereby, augmenting the demand for fertility supplements market across the globe. However, there are certain factors that are hindering the growth of the market. The high cost of fertility supplements is estimated to be the major constraint in the growth of the market. Moreover, social stigma related to infertility treatment is also estimated to be the major challenge in the growth of the market during the forecast period.
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Segmental Outlook
The fertility supplements market is segmented on the basis of product type, end-user, and distribution channel. Based on product type, the market is segmented into natural and synthetic. Synthetic ingredients are anticipated to exhibit considerable market growth based on ingredients type. The high usage of synthetic ingredients such as selenium, folic acid, vitamin B6, COQ10, and zinc due to their easy availability and increased demand is a key factor contributing towards the high growth of the market segment. Based on end-user, the market is segmented into women and men. Men segment to hold considerable market share based on end-user. The continuous decrease in sperm concentration among men owing to a sedentary lifestyle, smoking habits, and systematic disease is anticipated to make a major contribution towards the high market share of the segment. Based on the distribution channel, the market is segmented into OTC and prescribed.
Market Segmentation
Global Fertility Supplements Market by Product Type
Natural
Synthetic
Global Fertility Supplements Market by End-User
Women
Men
Global Fertility Supplements Market by Distribution Channel
Over the Counter (OTC)
Prescribed
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