Sexual Health Supplements Market Size

Sexual Health Supplements Market Size

Sexual Health Supplements Market size was valued at USD 2.9 billion in 2023 and is expected to reach USD 6 billion by 2032 growing at a CAGR of 8.7% over the analysis period. The market is propelled by several factors, including increased awareness about sexual health concerns, evolving lifestyles, and the proliferation of e-commerce platforms.

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Also, the burgeoning aging demographic has emerged as a pivotal catalyst propelling market expansion. As per the World Health Organization (WHO), the population aged 60 years and above is experiencing notable growth in proportion to the total population. As of 2019, the demographic of individuals aged 60 years and older reached 1 billion with projections indicating a surge to 1.4 billion by 2030, with further escalation to 2.1 billion by 2050. With advancing age, individuals commonly encounter declines in sexual health attributed to multifarious factors including hormonal changes, chronic health conditions, and medication use. This has led to an uptick in demand for supplements to improve sexual functions, thereby augmenting the market expansion.

Sexual health supplements refer to dietary supplements formulated with vitamins, minerals, herbs, or other natural ingredients intended to support and enhance various aspects of sexual well-being. These nutraceutical supplements target concerns such as libido, erectile function, hormonal balance, fertility, and overall sexual vitality. They are designed to address deficiencies and optimize physiological functions.