Cardiovascular Health Supplements Market Analysis
Based on type, the global market is bifurcated into natural supplements and synthetic supplements. In the year 2022, natural supplements dominated the market with a substantial share of 69.3%. The factors such as ease of availability & accessibility, safety, and minimal side effects makes natural supplements the preferred choice for many individuals.
- Also, natural supplements for heart health often include ingredients such as omega-3 fatty acids and various vitamins and minerals sourced from natural plants. These supplements are believed to have antioxidant, anti-inflammatory, and cholesterol-lowering properties, making them attractive options for individuals looking to improve their heart health naturally. Thus, benefits offered with natural supplements is projected to augment the segment trends.
Based on form, the cardiovascular health supplements market is classified into solid and liquid. The solid segment is expected to reach USD 13.6 billion by the end of 2032.
- Solid forms are easy to swallow, making them convenient for consumers of all ages. Also, they allow for precise measurement of active ingredients, ensuring consumers receive consistent and accurate dosages.
- Also, they can accommodate a wide range of ingredients, including vitamins & minerals, herbal extracts, and other compounds beneficial for cardiovascular health. Considering these factors, the solid form segment continues to be a popular choice for cardiovascular health supplements and is expected to dominate the market throughout the forecast period.
Based on ingredient, the global cardiovascular health supplements market is classified into omega 3 fatty acid, vitamin & minerals, herbs, coenzyme Q10, and other ingredients. The omega 3 fatty acid segment accounted for USD 2.5 billion in 2022.
- The highest market share can be attributed to their scientific support, rising usage in cholesterol management, and heart rhythm regulation. Moreover, they have anti-inflammatory effects, which are crucial in reducing inflammation in blood vessels and prevent atherosclerosis.
- Furthermore, omega 3 supplements, particularly those derived from fish sources, often have regulatory approval and certification, ensuring their quality and safety for consumers. Thus, growing usage of omega 3 fatty along with involvement of regulatory bodies for safety products is expected to boost the market expansion.
Based on distribution channel, the global cardiovascular health supplements market segmented into hospital pharmacy, retail pharmacy, and online pharmacy. Hospital pharmacy segment dominated the market with a substantial share of 45.1%.
- Patients often trust healthcare professionals' advice, and recommendations from doctors and pharmacists within hospital settings which can greatly influence purchasing decisions for cardiovascular health supplements.
- Moreover, healthcare professionals in hospitals might prescribe specific cardiovascular health supplements tailored to individual patients' needs, which are then conveniently available within the hospital pharmacy.
The North America cardiovascular health supplements market is expected to grow at 7.4% during the analysis period.
- North America is equipped with highly advanced healthcare infrastructure, encompassing robust pharmaceutical and supplement sectors. These industries possess the capabilities for extensive research, development, and efficient distribution, thus serving as catalysts for the growth of the regional market.
- Additionally, the surge in cardiovascular cases and related health challenges in the region is further propelling the demand for cardiovascular health supplements.