Global Prenatal Vitamin Supplement Market is expected to reach USD 1,542.4 million by 2034, rising at a 10.1% CAGR - FMI Report
Future Market Insights Global and Consulting Pvt. Ltd.
Future Market Insights Global and Consulting Pvt. Ltd.

Prenatal vitamin supplements market survey has explained multiple factors are responsible for the rise in demand for prenatal vitamins in the Asian markets. Increase in disposable income, awareness about women and child health before and after pregnancy and ability to pay for such supplements to fulfill requirement of essential nutrients in the women’s body.

NEWARK, Del, July 31, 2024 (GLOBE NEWSWIRE) -- The prenatal vitamin supplement market size is estimated to be worth USD 589.6 million in 2024 and is projected to be valued at USD 1,542.4 million in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 10.1%.

Heightened awareness among expectant mothers regarding the significance of prenatal nutrition for maternal and fetal health is fostering increased demand for prenatal vitamin supplements. This surge in awareness reflects women's proactive efforts to fulfill their nutritional requirements throughout pregnancy, further driving the market for prenatal vitamin supplements.

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Rising disposable incomes enable more consumers to afford prenatal supplements, contributing to market growth. As economic conditions improve, consumers are more willing to invest in their health and the health of their babies through supplementation.

Despite fluctuations, birth rates in many regions remain steady or are experiencing an upward trend. With more pregnancies occurring, there is a corresponding increase in demand for prenatal vitamin supplements to support maternal and fetal health.

Healthcare professionals, including obstetricians and gynecologists, routinely recommend prenatal vitamin supplements to pregnant women. These endorsements from trusted medical professionals significantly influence consumer purchasing decisions and contribute to market growth.

Key Takeaways from the Market Report

  • From 2019 to 2023, the prenatal vitamin supplement market expanded at a CAGR of 9.6%.

  • Based on product type, the pharmaceutical products segment is expected to account for a market share of 88.5% in 2024.

  • The prenatal vitamin supplement demand in Germany is predicted to grow at a CAGR of 11.3% through 2034.

  • In the United States prenatal vitamin supplement industry is estimated to register a CAGR of 7.3% from 2024 to 2034.

  • The United Kingdom is projected to expand by a value CAGR of 8.9% between 2024 and 2034.

  • The prenatal vitamin supplement market in France is anticipated to record a CAGR of 12.6% during 2034.