Prenatal Vitamin Supplements Market Size, Share, Growth, and Forecast to 2025Posted by rekha on September 19th, 2019 Precision Business Insights (PBI) in its report titled “Global Prenatal Vitamin Supplements Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global prenatal vitamin supplements market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR over the forecast timeframe owing to rise in number of cases of neonatal deaths due to lack of proper nutrition, increase in the awareness regarding the advantages of vitamin supplements during pregnancy. Additionally, increasing number of gynecologists recommending prenatal vitamin supplements to expecting mothers due to the benefits offered such as nutrient rich components, safe for consumption, and preferred way to manage the nutrient value and decrease in the nutritional value in the foods taken by the womenare the major factors that are driving the growth of the global prenatal vitamin supplements market. However, risk of overdose and the stringent regulatory framework are anticipated to hinder the revenue share of global prenatal vitamin supplements market. Global prenatal vitamin supplements market segmented on the basis of product, dosage form, distribution channel, and region For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=37319 Folic Acid Products Dominates the Global Prenatal Vitamin Supplements Market Based on the type of prenatal vitamin supplements, global prenatal vitamin supplements market segmented into Folic Acid, Iron Supplements, Calcium Supplements, Essential Fatty Acids and others. Among them, folic acid products dominated the global prenatal vitamin supplements market in 2017 and estimated to dominate over the forecast period due to the high chances of incidence of anemic conditions during pregnancy, increase in the gynecologists recommendation, enhanced care towards pregnant women and rise in awareness among the people are surge the market over the forecast years. However, a faster growth rate observed for the iron supplements over forecast timeframe. North America leads the Global Prenatal Vitamin Supplements Market PBI’s global prenatal vitamin supplements market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to Increase in the awareness regarding the advantages of prenatal vitamin supplements, increasing number of self-directed consumers population, and increase in the healthcare expenditure and increase in the disposable income of the people of this region are anticipated to propel the market. Asia Pacific prenatal vitamin supplements market projected to exhibit significant growth due to increased prenatal vitamin supplements market projected to grow at significant rate owing to rapid urbanization, increase in the awareness regarding the diet that should be taken during pregnancy, increase in the care during pregnancy and presence of market players expected to increase the market share.
Launch of newer products, frequent ecofriendly product approvals, and strategic alliances are the key strategies adopted by market players Global prenatal vitamin supplements market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent ecofriendly product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. Key player’s profiles in the report are
Detailed Segmentation
By Product Type
By Dosage Form
By Distribution Channel
Geography
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