The global men’s health supplements market size was estimated to be USD 64.53 billion in 2023 and is expected to reach at USD 188.0 billion by 2033 with a CAGR of 10.21 % during the forecast period 2023-2033. Growing demand for health supplements for men, rising focus on maintaining health, increasing trend of preventive healthcare, surge in nutritional deficiencies among men, growing prevalence of lifestyle-associated disorders, rising trend of fitness, growing awareness about well-being, surge in novel product launches, increasing demand for personalized nutrition are some of the key factors boosting the market growth.
Increasing demand for personalized nutrition is predicted to boost the market growth during the forecast period. For instance, in July 2022, Healthycell has joined forces with Panaceutics Nutrition, located in Research Triangle Park, to facilitate the production of personalized nutrition gel formulas in large quantities. These formulas will be tailored based on customers' unique biomarker readings and, in the future, predictive analytics.
By Type, Weight management supplements was the highest revenue-grossing segment in the global men’s health supplements market in 2022 owing to the increasing prevalence of obesity & health related ailments, such as diabetes, cardiovascular diseases (CVDs), and hypertension, growing demand for low-calorie diets and weight management products, and rising trend of fitness. Additionally, Anti-aging supplements is predicted to grow at the fastest CAGR during the forecast period owing to the growing geriatric population, surge in desire for a youthful appearance, rising disposable income, changing lifestyles, increasing inclination toward aesthetics, and surge in launch of new products with enhanced safety & fewer side effects. For instance, in May 2022, Wonderfeel has revealed their U.S. patent application for the introduction of Youngr, an innovative formulation designed to combat signs of aging.
By Formulation, Capsules was the highest revenue-grossing segment in the global men’s health supplements market in 2022 owing to their cost-effectiveness, high shelf life, high convenience, and greater patient compliance, increasing advancements in manufacturing, rising initiatives undertaken by market players, and surge in new product launches. For instance, in January 2023, Capillus has introduced Nurish, a scientifically validated hair wellness supplement available in capsule format for both men and women. Additionally, gummies are predicted to grow at fastest CAGR during the forecast period owing to the growing preferences over capsules & tablets and rising development of gummies-based supplementations.
By Age Group, 31-45 was the highest revenue-grossing segment in the global men’s health supplements market in 2022 owing to the rising awareness about supplement-based products in this age group, growing demand for supplements to support their lifestyle & normal body functions, and rising novel product launches. For instance, in October 2022, Pharmactive Biotech Products has released Liboost, a sexual function enhancer derived from Turnera diffusa extract for both men and women. This scientifically supported product is designed to increase sexual desire and improve performance. Additionally, above-60 is predicted to grow at fastest CAGR during the forecast period owing to the rise in life expectancy, growing awareness about well-being, and surge in disposable income, increasing consumer interest in natural products due to higher safety than synthetic ones.
By Distribution Channel, Offline was the highest revenue-grossing segment in the global men’s health supplements market in 2022 owing to the presence of well-established pharmacy chains like Walmart, CVS Pharmacy, and Walgreens, surge in personalized guidance from pharmacists, and availability of wide variety of products to choose from for customers. Additionally, online is predicted to grow at fastest CAGR during the forecast period owing to the increasing number of self-directed consumers, rising number of e-pharmacies, and surge in number of market players introducing their offerings on e-commerce platforms. For instance, in March 2022, Cymbiotika has recently launched an online store in the United Kingdom, offering a range of natural supplements.
North America region is anticipated for the highest revenue share during the forecast period owing to the large patient pool, increasing investments by companies, growing demand for supplements, and surge in development of dietary supplements. For instance, in January 2023, Nourished and Neutrogena have collaborated to create personalized skin dietary supplements for both men and women using 3D-printing technology. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising demand for health products, growing healthcare expenditures, presence of large numbers of industry participants, and increasing introduction of innovative products. For instance, in January 2023, Modicare has broadened its product lineup by introducing the Well Gummies range, which aims to promote the health of skin, nails, and hair.
Increasing demand for personalized nutrition is predicted to boost the market growth during the forecast period. For instance, in July 2022, Healthycell has joined forces with Panaceutics Nutrition, located in Research Triangle Park, to facilitate the production of personalized nutrition gel formulas in large quantities. These formulas will be tailored based on customers' unique biomarker readings and, in the future, predictive analytics.
By Type, Weight management supplements was the highest revenue-grossing segment in the global men’s health supplements market in 2022 owing to the increasing prevalence of obesity & health related ailments, such as diabetes, cardiovascular diseases (CVDs), and hypertension, growing demand for low-calorie diets and weight management products, and rising trend of fitness. Additionally, Anti-aging supplements is predicted to grow at the fastest CAGR during the forecast period owing to the growing geriatric population, surge in desire for a youthful appearance, rising disposable income, changing lifestyles, increasing inclination toward aesthetics, and surge in launch of new products with enhanced safety & fewer side effects. For instance, in May 2022, Wonderfeel has revealed their U.S. patent application for the introduction of Youngr, an innovative formulation designed to combat signs of aging.
By Formulation, Capsules was the highest revenue-grossing segment in the global men’s health supplements market in 2022 owing to their cost-effectiveness, high shelf life, high convenience, and greater patient compliance, increasing advancements in manufacturing, rising initiatives undertaken by market players, and surge in new product launches. For instance, in January 2023, Capillus has introduced Nurish, a scientifically validated hair wellness supplement available in capsule format for both men and women. Additionally, gummies are predicted to grow at fastest CAGR during the forecast period owing to the growing preferences over capsules & tablets and rising development of gummies-based supplementations.
By Age Group, 31-45 was the highest revenue-grossing segment in the global men’s health supplements market in 2022 owing to the rising awareness about supplement-based products in this age group, growing demand for supplements to support their lifestyle & normal body functions, and rising novel product launches. For instance, in October 2022, Pharmactive Biotech Products has released Liboost, a sexual function enhancer derived from Turnera diffusa extract for both men and women. This scientifically supported product is designed to increase sexual desire and improve performance. Additionally, above-60 is predicted to grow at fastest CAGR during the forecast period owing to the rise in life expectancy, growing awareness about well-being, and surge in disposable income, increasing consumer interest in natural products due to higher safety than synthetic ones.
By Distribution Channel, Offline was the highest revenue-grossing segment in the global men’s health supplements market in 2022 owing to the presence of well-established pharmacy chains like Walmart, CVS Pharmacy, and Walgreens, surge in personalized guidance from pharmacists, and availability of wide variety of products to choose from for customers. Additionally, online is predicted to grow at fastest CAGR during the forecast period owing to the increasing number of self-directed consumers, rising number of e-pharmacies, and surge in number of market players introducing their offerings on e-commerce platforms. For instance, in March 2022, Cymbiotika has recently launched an online store in the United Kingdom, offering a range of natural supplements.
North America region is anticipated for the highest revenue share during the forecast period owing to the large patient pool, increasing investments by companies, growing demand for supplements, and surge in development of dietary supplements. For instance, in January 2023, Nourished and Neutrogena have collaborated to create personalized skin dietary supplements for both men and women using 3D-printing technology. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising demand for health products, growing healthcare expenditures, presence of large numbers of industry participants, and increasing introduction of innovative products. For instance, in January 2023, Modicare has broadened its product lineup by introducing the Well Gummies range, which aims to promote the health of skin, nails, and hair.
Segmentation: Men’s Health Supplements Market Report 2022 - 2033
Men’s Health Supplements Market Analysis & Forecast by Type 2022 - 2033 (Revenue USD Bn)
- Hair Growth Supplements
- Weight Management Supplement
- Bone & Joint Health Supplements
- Anti-Aging Supplements
- Reproductive Health Supplements
- Cardiovascular Health Supplements
- Immune Health Supplements
- Sports Supplements
- Probiotic Supplements
- Others
Men’s Health Supplements Market Analysis & Forecast by Formulation 2022 - 2033 (Revenue USD Bn)
- Gummies
- Tablets
- Powders
- Liquids
- Capsules
- Others
Men’s Health Supplements Market Analysis & Forecast by Age Group 2022 - 2033 (Revenue USD Bn)
- 20-30
- 31-45
- 46-60
- Above 60
Men’s Health Supplements Market Analysis & Forecast by Distribution Channel 2022 - 2033 (Revenue USD Bn)
- Offline
- Online
Men’s Health Supplements Market Analysis & Forecast by Region 2022 - 2033 (Revenue USD Bn)
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Men’s Health Supplements Market: Type Estimates & Trend Analysis
8. Men’s Health Supplements Market: Formulation Estimates & Trend Analysis
9. Men’s Health Supplements Market: Age Group Estimates & Trend Analysis
10. Men’s Health Supplements Market: Distribution Channel Estimates & Trend Analysis
11. Regional Market Analysis
12. North America Men’s Health Supplements Market
13. Europe Global Men’s Health Supplements Market
14. Asia Pacific Global Men’s Health Supplements Market
15. Latin America Global Men’s Health Supplements Market
16. MEA Global Men’s Health Supplements Market
17. Competitor Analysis
18. Company Profiles
Companies Mentioned
- Nature's Lab
- Nordic Naturals
- NOW Foods
- Irwin Naturals
- GNC
- The Vitamin Shopee
- Amway
- Life Extension
- New Chapter Inc.
- Metagenics LLC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | August 2023 |
Forecast Period | 2022 - 2033 |
Estimated Market Value ( USD | $ 64.53 Billion |
Forecasted Market Value ( USD | $ 188 Billion |
Compound Annual Growth Rate | 10.2% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |