Medical sector expected to advance the prenatal vitamin supplements market

Medical - Mohit Shah - Jun 09,2017

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medical sector expected to advance the prenatal vitamin supplements market

It is expected that the global prenatal vitamin supplements market would exhibit a CAGR of 7.7% between 2016 and 2024, to acquire a valuation of US$ 561.0 Million.

Prenatal vitamins are the vitamin and mineral supplements used during pregnancy for the healthy development of the fetus. Moreover, prenatal vitamins are also endorsed by doctors before conception and post conception lactation period. Such vitamins are similar to other common man multivitamins, however with different concentration of vitamins along with some special vitamins needed during pregnancy. A major share of these vitamins is prescribed as regulated by U.S. FDA and other regulatory authorities in different countries.

As per a research report published by Market Research Reports Search Engine (MRRSE), the prenatal vitamin supplements market on the global scenario is forecast to reach a CAGR of 7.7% between 2016 and 2024. At this pace, the market would surely acquire a value of US$ 561.0 Million by the end of 2024.

Prenatal vitamin supplements depending on dosage are available as capsules, powders and gummy. This product is offered by different distribution channels such as hospital pharmacies, supermarkets, online pharmacies and drug stores; this is making the market for prenatal vitamin supplements impressively flourishing.

Looking at the current scenario, the geographical reach of the market for prenatal vitamin supplements is spread across North America, Europe, Latin America, Asia-Pacific, Middle East and Africa. Some of the successful countries from these regions are the U.S., Canada, U.K., Germany, Japan, China, Mexico, Brazil, U.A.E., and India. The count of progressive manufacturers from these areas is increasing quite rapidly. At present, the major players from this sector include Garden Of Life Inc., Rainbow Light Nutritional Sytems Inc., Country Life LLC., Church & Dwight Co., Inc., MegaFood, Metagenics, Inc., Biotics Research Corporation, New Chapter, Inc., Twinlab Corporation, Pharmavite LLC., Abbott Nutrition, and Matsun Nutrition.


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