Fertility Supplements Market - Forecast(2023 - 2028)
Fertility Supplements Market Overview
Fertility Supplements Market size was valued at $ 1.95Billion by 2019 and is anticipated to grow at a CAGR of 7.8% during the forecast period 2020-2025. The Fertility Supplements Market growth rate is attributed to the declining fertility rates owing to the increase in the number of smokers along with the rising consumption of alcohol and caffeine is anticipated to bring new opportunities. Fertility supplements, which improve reproductive fertility, are fertility drugs. In women, fertility drugs are used to promote the growth of ovary follicles. There are very few fertility supplements available currently for men. The prevalence of smoking is higher in developed countries than in emerging economies. Even fertility treatments such as IVF is not helpful in conceiving for smoking women, which has prompted fertility manufacturers to look for ingredients that can eliminate the effects of smoking on fertility. This factor is anticipated to create growth opportunities for fertility supplement manufacturers over the forecast period 2020-2025.
Furthermore, there is growing adoption of herbal medicines (botanicals) owing to the increasing concerns about the harmful impacts associated with the traditional pharmaceutical drugs is poised to generate new opportunities for the fertility supplements manufacturers, leading to the growth of the fertility supplements industry. Various public initiatives to raise awareness regarding advancements in fertility supplements among consumers and its superior technology have helped the industry gain a further boost. However, the lack of awareness among the population of low-income economies is anticipated to restrain the growth of the global fertility supplements market.
Fertility Supplements Market Report Coverage
The report: “Fertility Supplements Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Fertility Supplements Market:
By Product Types: Capsules, Tablets, Soft Gels, Powders and Liquids.
By Ingredients: Natural, Synthetic and Blend of Synthetic and Natural Ingredients.
By Procedure: IVF with ICSI, IUI, Surrogacy, IVF without ICSI and Others.
By Services: Fresh Non-Donor, Frozen Non-Donor, Egg and Embryo Banking, Fresh Donor and Frozen Donor.
By Service Provider: Fertility Clinics, Hospitals, Surgical Centers and Clinical Research Institutes.
By End Users: Men and Women.
By Distribution Channel: OTC and Prescribed.
By Geography: North America, Europe, Asia-Pacific and RoW.
Key Takeaways
- Asia-Pacific dominated the Fertility Supplements Market with a share of 42.16% in the year 2019.
- The factors such as declining fertility rates owing to the increase in the number of smokers along with the rising consumption of alcohol and caffeine are amongst the major factor projected to impel growth of Fertility Supplements Market.
- The growing geriatric population, changing lifestyle, healthcare costs, medical discoveries, and innovation in food ingredients are the key factors resulting in the growth of the segment during the forecast period 2020-2025.
Fertility Supplements Market Segment Analysis - By Product Type
On the basis of product type, capsules segment held the highest segmental revenue share in 2019 This can be attributed to the fact that these products enable unique mixes of ingredients, provide protection from sensitive ingredients, reduce gastrointestinal irritation, and ensure oil and fat-soluble nutrient delivery.On the contrary, fertility supplement powder segment is projected to witness significant gains along the forecast period 2020-2025 on account of increasing awareness regarding the nutritional benefits associated with these products along with delicious tastes and easy incorporation in meals.
Fertility Supplements Market Segment Analysis - By Distribution Channel
On the basis of distribution channel, the OTC segment accounted for the largest segmental revenue of the fertility supplements market in 2019 owing to the fact that the easy availability of raw materials, rising demand, and lenient regulations. In order to enter this highly competitive market, the companies need to focus on incorporating ingredients that have been regulated by the FDA and have undergone a significant number of clinical trials/studies.
However, the prescribed segment is poised to hold the highest growth rate with a CAGR of 7.89% over the forecast period 2020-2025. This is attributed to the fact that the manufacturers endorse their products by providing clinical evidence for the ingredients included rather than focusing on the finished product. Hence, companies such as Fairhaven, Lenus Pharma, and Gonadosan, Innovamed Ltd. have provided evidence from the clinical trials of their finished products, which has resulted in an increased demand for fertility supplements across the globe.
Fertility Supplements Market Segment Analysis - By Geography
Asia Pacific is the major region dominating the fertility supplements market with a market share of 42.16% in the year 2019 owing to the rising awareness in China and India regarding nutritional enrichment is poised to remain a favourable factor for regional growth. The expansion in retail market in emerging markets including China, Indonesia, Malaysia, and India in light of regulatory support to promote investments is estimated to increase the accessibility to buyers over the forecast period 2020-2025.
However, North America is projected to be the fastest-growing market during the forecast period 2020-2025 owing to the rising initiatives undertaken by Government and nonprofit organizations coupled with the increasing rate of obesity and sexually transmitted infections.
Fertility Supplements Market Drivers
Rising Awareness about Importance Overall Well-being among Consumers
The Fertility Supplements market is poised to receive upswing owing to the fact that lifestyle prevalent today does more harm to common man than ever before. According to the American Society for Reproductive Medicine, a considerable section of both men and women of reproductive age in the U.S. smoke cigarettes. Cigarette smoking has a harmful impact on the overall health and wellbeing of an individual. It also adversely impact their fertility. Even the latest technologies might find it difficult to help women conceive if she is exposed to excessive smoking. Rising awareness about the on-going situation, coupled with information on potential cures is set to expand the fertility supplements market.
Fertility Supplements Market Challenges
Governmental policies and lack of awareness
Despite several drivers, government policies like ‘one-child-per-couple’ subjected to forced sterilizations or abortions is poised to hamper the growth of the market. Apart from this, the size of tablets is a drawback owing to their hardness these tablets are difficult to swallow and do not offer the dosing flexibility which is limiting the market growth. Furthermore, the lack of awareness among the population of low-income economies is anticipated to restrain the growth of the global fertility supplements market.
Fertility Supplements Industry Outlook
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Fertility Supplements Market. In 2019, Fertility Supplements Market share is fragmented by the top ten players present in the market. Fertility Supplements Market top 10 companies are FUJIFILM Irvine Scientific, INVO Bioscience, Alabama Fertility, Shivani Scientific Industries Private Limited, IVFtech ApS, DHEA Fertility Nutritional Supplement, Coast Science, Ocean Healthcare Private Limited and others.
Acquisitions/Product Launches
- In November 2017, FertilHerb has launched new women's fertility supplement that has the capability to enhance female fertility and reproductive wellness in women. This launch of product in market has increased the operational efficiency of the company.
- In January 2015, Fruitful Way Ltd. has launched natural fertility and conception toolkit. This is useful for couples or women who are trying to get pregnant as it includes a unique, science-backed dietary supplement, scientifically mated with a sophisticated fertility app. With this launch of the product, company has strengthened their product portfolio in the market.
For more Food and Beverage related reports, please click here
1. Fertility Supplements Market Overview
1.1 Definitions and Scope
2. Fertility Supplements Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends
2.2 Key trends by Product Type
2.3 Key trends by Distribution Channel
2.4 Key trends by Geography
3. Fertility Supplements Market – Comparative Analysis
3.1 Product Benchmarking – Key Companies
3.2 Financial Analysis – Key Companies
3.3 Patent Analysis – Key Companies
3.4 Pricing Analysis
4. Fertility Supplements Market - Startup Companies Scenario Premium
4.1 Key Startup Company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Venture Capital and Funding Scenario
5. Fertility Supplements Market – Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Fertility Supplements Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Fertility Supplements Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Fertility Supplements Market – By Product Types(Market Size –$Million/$Billion)
8.1 Capsules
8.2 Tablets
8.3 Soft Gels
8.4 Powders
8.5 Liquids
9. Fertility Supplements Market - By Ingredient (Market Size –$Million/$Billion)
9.1 Natural
9.2 Synthetic
9.3 Blend of Natural and Synthetic
10. Fertility Supplements Market - By Procedure (Market Size –$Million/$Billion)
10.1 IVF with ICSI
10.2 IUI
10.3 Surrogacy
10.4 IVF without ICSI
10.5 Others
11. Fertility Supplements Market - By Services (Market Size –$Million/$Billion)
11.1 Fresh Non-Donor
11.2 Frozen Non-Donor
11.3 Egg and Embryo Banking
11.4 Fresh Donor
11.5 Frozen Donor
12. Fertility Supplements Market - By Service Provider (Market Size –$Million/$Billion)
12.1 Fertility Clinics
12.2 Hospitals
12.3 Surgical Centers
12.4 Clinical Research Institutes
13. Fertility Supplements Market - By End User (Market Size –$Million/$Billion)
13.1 Men
13.2 Women
14. Fertility Supplements Market - By Distribution Channel (Market Size –$Million/$Billion)
14.1 OTC
14.2 Prescribed
15. Fertility Supplements Market - By Geography (Market Size –$Million/$Billion)
15.1 North America
15.1.1 U.S.
15.1.2 Canada
15.1.3 Mexico
15.2 Europe
15.2.1 U.K.
15.2.2 Germany
15.2.3 France
15.2.4 Italy
15.2.5 Netherlands
15.2.6 Belgium
15.2.7 Spain
15.2.8 Denmark
15.2.9 Rest of Europe
15.3 Asia-Pacific
15.3.1 China
15.3.2 India
15.3.3 Japan
15.3.4 South Korea
15.3.5 Australia & New Zealand
15.3.6 Taiwan
15.3.7 Malaysia
15.3.8 Rest of Asia-Pacific
15.4 Rest of the World
15.4.1 Middle East
15.4.2 Africa
15.4.3 South America
16. Fertility Supplements Market - Entropy
17. Fertility Supplements Market – Industry/Segment Competition Landscape Premium
17.1 Market Share Analysis
17.1.1 Global Market Share – Key Companies
17.1.2 Market Share by Region – Key companies
17.1.3 Market Share by Countries – Key Companies
17.1.4 Best Practices for Companies
18. Fertility Supplements Market – Key Company List by Country Premium Premium
19. Fertility Supplements Market Company Analysis
19.1 Company 1
19.2 Company 2
19.3 Company 3
19.4 Company 4
19.5 Company 5
19.6 Company 6
19.7 Company 7
19.8 Company 8
19.9 Company 9
19.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”
LIST OF TABLES
1.Global Competitive Landscape Market 2019-2024 ($M)1.1 List of key distributors, channel partners end users Market 2019-2024 ($M) - Global Industry Research
1.2 Public Companies Market 2019-2024 ($M) - Global Industry Research
1.2.1 Company Market Positioning Analysis Market 2019-2024 ($M)
1.3 Private Companies Market 2019-2024 ($M) - Global Industry Research
1.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
2.Global Competitive Landscape Market 2019-2024 (Volume/Units)
2.1 List of key distributors, channel partners end users Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Public Companies Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Company Market Positioning Analysis Market 2019-2024 (Volume/Units)
2.3 Private Companies Market 2019-2024 (Volume/Units) - Global Industry Research
2.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 (Volume/Units)
3.North America Competitive Landscape Market 2019-2024 ($M)
3.1 List of key distributors, channel partners end users Market 2019-2024 ($M) - Regional Industry Research
3.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Company Market Positioning Analysis Market 2019-2024 ($M)
3.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
3.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
4.South America Competitive Landscape Market 2019-2024 ($M)
4.1 List of key distributors, channel partners end users Market 2019-2024 ($M) - Regional Industry Research
4.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Company Market Positioning Analysis Market 2019-2024 ($M)
4.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
4.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
5.Europe Competitive Landscape Market 2019-2024 ($M)
5.1 List of key distributors, channel partners end users Market 2019-2024 ($M) - Regional Industry Research
5.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Company Market Positioning Analysis Market 2019-2024 ($M)
5.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
5.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
6.APAC Competitive Landscape Market 2019-2024 ($M)
6.1 List of key distributors, channel partners end users Market 2019-2024 ($M) - Regional Industry Research
6.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Company Market Positioning Analysis Market 2019-2024 ($M)
6.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
6.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
7.MENA Competitive Landscape Market 2019-2024 ($M)
7.1 List of key distributors, channel partners end users Market 2019-2024 ($M) - Regional Industry Research
7.2 Public Companies Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Company Market Positioning Analysis Market 2019-2024 ($M)
7.3 Private Companies Market 2019-2024 ($M) - Regional Industry Research
7.3.1 List of key emerging companies/technology disruptors/innovators Market 2019-2024 ($M)
LIST OF FIGURES
1.US Fertility Supplements Market Revenue, 2019-2024 ($M)2.Canada Fertility Supplements Market Revenue, 2019-2024 ($M)
3.Mexico Fertility Supplements Market Revenue, 2019-2024 ($M)
4.Brazil Fertility Supplements Market Revenue, 2019-2024 ($M)
5.Argentina Fertility Supplements Market Revenue, 2019-2024 ($M)
6.Peru Fertility Supplements Market Revenue, 2019-2024 ($M)
7.Colombia Fertility Supplements Market Revenue, 2019-2024 ($M)
8.Chile Fertility Supplements Market Revenue, 2019-2024 ($M)
9.Rest of South America Fertility Supplements Market Revenue, 2019-2024 ($M)
10.UK Fertility Supplements Market Revenue, 2019-2024 ($M)
11.Germany Fertility Supplements Market Revenue, 2019-2024 ($M)
12.France Fertility Supplements Market Revenue, 2019-2024 ($M)
13.Italy Fertility Supplements Market Revenue, 2019-2024 ($M)
14.Spain Fertility Supplements Market Revenue, 2019-2024 ($M)
15.Rest of Europe Fertility Supplements Market Revenue, 2019-2024 ($M)
16.China Fertility Supplements Market Revenue, 2019-2024 ($M)
17.India Fertility Supplements Market Revenue, 2019-2024 ($M)
18.Japan Fertility Supplements Market Revenue, 2019-2024 ($M)
19.South Korea Fertility Supplements Market Revenue, 2019-2024 ($M)
20.South Africa Fertility Supplements Market Revenue, 2019-2024 ($M)
21.North America Fertility Supplements By Application
22.South America Fertility Supplements By Application
23.Europe Fertility Supplements By Application
24.APAC Fertility Supplements By Application
25.MENA Fertility Supplements By Application