MarkNtel Advisors recently published a detailed industry analysis of the Global Anti-Aging Supplements Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Anti-Aging Supplements Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Anti-Aging Supplements Market is projected to grow at a CAGR of around 5.23% during the forecast period, i.e., 2023-28.
What are the major Driver the Global Anti-Aging Supplements industry?
Surging Aging Population to Driving the Market Growth- The growing aging population is one of the key elements driving the Anti-aging Supplements market. Since individuals are looking for ways to maintain their health & vitality, and anti-aging vitamins are one way to achieve this aim. According to the United Nations, the overall population between the age group of 40 & 59 was roughly 1,783,309 in 2019 & is expected to increase to 2,046,991 by 2030. Thus, the need for anti-aging products is incessantly rising as the population ages. The ease of usage & ability of customized products makes these supplements particularly alluring. For instance, some supplements are made to assist joint health, while others raise energy levels.
Furthermore, the growing emphasis on preventative health is another element fueling the rise of the anti-aging supplement industry. Anti-aging vitamins are thought to enhance general health & wellness and guard against age-related health issues. Customers are eager to spend money on skin products & supplements that would make them look well & feel good about themselves. Hence, the surging inclination of consumers towards these supplements would help in the expansion of the market.
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What segments define the Global Anti-Aging Supplements market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
- By Type
- Collagen
- Omega-3 fatty acids
- Antioxidants
- Resveratrol
- Coenzyme Q10
- Vitamins
- Minerals
- Others (Herbal extracts)
According to report, The Collagen ingredient type held a prominent position in the historic year & is expected to maintain its dominance during the forecast period due to the fact that collagen constitutes a substantial component of the skin's structure & as a protein, it is imperative for preserving skin health.
- By Form
- Pills/capsules
- Powder
- Liquid
- Others (Gummies, Patches, etc.)
According to report, Of them all, the Pills/Capsules form of supplements is anticipated to hold a substantial share in the Global Anti-aging Supplements market during the forecast period.
- By Distribution Channel
- Online
- Supermarkets and hypermarkets
- Health and wellness stores
- Pharmacy and drugstores
- Others (Convenience stores, Beauty salons, etc.)
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Geographical Analysis: Global Anti-Aging Supplements Market
North America
South America
Europe
The Middle East & Africa
Asia-Pacific
Global Anti-Aging Supplements Market Share & Competitive Landscape:
The Anti-Aging Supplements Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Anti-Aging Supplements Market are:
- Life Extension
- The Vitamin Shoppe
- Novos Labs
- Vital Nutrients
- GNC Holdings LLC
- Nature’s Bounty
- MegaFood
- Natrol
- HUM Nutrition
- Centrum
- Nature Made
- New Chapter, Inc.
- Amway
- Jeunesse Global
- Herbalife Nutrition Ltd.
Recent Developments in the Global Anti-Aging Supplements Market
- 2022: Amway launched anti-aging supplements with plant-based botanicals from Nutrilite farms. This paraben-free, vegan skincare product is gaining an influential rise due to its organic feature & chemical-free contents.
Questions Addressed in this Study
1.What factors are driving the Global Anti-Aging Supplements Market growth?
2.How is the Global Anti-Aging Supplements Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Anti-Aging Supplements Market?
4.What is the current size of the Global Anti-Aging Supplements Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Anti-Aging Supplements Market in terms of technological advancements and market expansion?
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