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Prenatal Vitamin Ingredients Market Analysis

  • Report ID: GMI4313
  • Published Date: Sep 2024
  • Report Format: PDF

Prenatal Vitamin Ingredients Market Analysis

The vitamins segment will capture USD 56 million and demonstrate a 5.3 % CAGR by 2032. Because of the increasing use of vitamins D and B as prenatal ingredients due to their capability to support healthy bone development, reduce fatigue and tiredness. These products improve iron adsorption from diet and prevent birth defects in the baby such as spina bifida.
 

Rising consumer consciousness towards the benefits of vitamins in maintaining healthy cells, skin and eyesight is projected to have constructive impact on market growth. These vitamins help babies to absorb iron and build up stores for later use, produce collagen which is one of the vital fibers that builds baby’s body and supports their developing organs. Consumption of significant volume of vitamin C during pregnancy supports immune system by keeping cells healthy, lowering the risk of pregnancy complications such as pre-eclampsia and maternal anemia, thereby driving the market share.
 

Prenatal Vitamin Ingredients Market Revenue Share, By Form, (2023)

The tablet form segment held a 37.81% of the prenatal vitamin ingredients market share in 2023, amounting to USD 27.68 million, and is projected to grow at a 5.9% CAGR from 2024 to 2032. This is primarily due to their widespread acceptance and ease of use among consumers. Tablets offer a convenient, cost-effective option for both manufacturers and consumers, ensuring precise dosage and extended shelf life. Their popularity is bolstered by established consumer trust and the extensive availability of various formulations tailored to specific prenatal needs.
 

Additionally, tablets can accommodate a wide range of essential vitamins and minerals, which is crucial for prenatal health. Liquid forms is also experiencing growth due to their easy consumption and digestion in comparison to capsules and tablets. Liquid form enhances bone health and offers better effectiveness than tablets as it is easily absorbed in the body, which is the major driving factor of the market. Growing demand for vitamins with superior longevity along with increasing popularity of ready to drink supplements is expected to drive the prenatal vitamins demand.
 

North America Prenatal Vitamin Ingredients Market, 2021 - 2032 (USD Million)

The North America prenatal vitamins ingredients market is projected to achieve USD 47.61 million, with a CAGR of 6.3% from 2024 to 2032. Due to the high consumer awareness related to product benefits and increasing spending on health supplements in the region. Increasing number of women in workforce has boosted the demand for superior performing supplements which prevent tiredness among pregnant women while working.  Improved penetration through various sales channels such as supermarkets and digital platforms have further increased consumer awareness of the benefits of the product which is likely to induce product penetration in the region.
 

Europe, led by UK, France, Italy, and Germany prenatal vitamin ingredients market demand may observe substantial gains during the projected period owing to the rapid growth in healthcare facilities in the region. Growing awareness towards product benefits and increasing concerns towards mother and baby growth & development shall further boost the regional growth. Rising government regulations towards the use of safe and healthy nutritional products shall further propel the product demand.
 

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The market size of prenatal vitamin ingredients reached USD 73.20 million in 2023 and will grow at a 6.1% CAGR between 2024 and 2032, fueled by increasing awareness of maternal health and the importance of proper nutrition during pregnancy.

The tablet form segment will reach USD 27.68 million by 2032, driven by its convenience, precise dosage, and widespread consumer preference.

North America market will achieve USD 47.61 million by 2032, attributed to increasing awareness of maternal health and a strong focus on preventive care.

Prominent players operating in the industry are Deva Nutrition, Garden of Life, Rainbow Light, Church & Dwight, Nature Made, New Chapter, MegaFood, Nordic Naturals, Vitafusion, and SmartyPants, among others.

Prenatal Vitamin Ingredients Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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