The global fertility supplements market is projected to grow at a considerable CAGR of around 7% during the forecast period (2020-2026). Change in the lifestyle among women is also considered as the major factor that tends to affect the fertility of men and women. The consumption of inadequate diet and body weight plays a major role in growing infertility among both men and women. Overweight or underweight is one of the factors that affect hormone production and affect the ovulation process among women. The increasing awareness among the population related to fertility supplements is anticipated to drive the growth of the market across the globe. 

Additionally, increasing stress, changing lifestyle, and medication affecting genetic abnormalities and spermatogenesis are major factors that cause infertility among men across the globe thereby, augmenting the demand for fertility supplements market across the globe. However, there are certain factors that are hindering the growth of the market. The high cost of fertility supplements is estimated to be the major constraint in the growth of the market. Moreover, social stigma related to infertility treatment is also estimated to be the major challenge in the growth of the market during the forecast period. 

Segmental Outlook  

The fertility supplements market is segmented on the basis of product type, end-user, and distribution channel. Based on product type, the market is segmented into natural and synthetic. Synthetic ingredients are anticipated to exhibit considerable market growth based on ingredients type. The high usage of synthetic ingredients such as selenium, folic acid, vitamin B6, COQ10, and zinc due to their easy availability and increased demand is a key factor contributing towards the high growth of the market segment. Based on end-user, the market is segmented into women and men. Men segment to hold considerable market share based on end-user. The continuous decrease in sperm concentration among men owing to a sedentary lifestyle, smoking habits, and systematic disease is anticipated to make a major contribution towards the high market share of the segment. Based on the distribution channel, the market is segmented into OTC and prescribed.    

Global Fertility Supplements Market Share by Product Type, 2019 (%)

Regional Outlook 

The global fertility supplements market is further segmented on the basis of geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to hold considerable market share due to the growing population of infertile women and men. According to the Centers for Disease Control and Prevention (CDC), in 2017, around 6 million women which are estimated to be around 10% of the US women population have difficulty in conceiving a child. Additionally, in the US, there were more than 15 out of every 100 adults aging 18 or more smokes, according to the CDC. Smoking habit is increasing across the globe as a result the infertility rate in women and men is also growing. 

Similarly, the healthcare expenditure of the US is high that tends to drive the market further. The lifestyle changes are considered as one of the factors that tend to increase infertility among women and the increasing infertility rate augments the need for fertility supplements. Therefore, the changing lifestyle of the country that leads to increased infertility rate among people to augment the growth of the fertility supplements in the region.  

Global Fertility Supplements Market Growth, by Region 2020-2026

Asia-Pacific to exhibit considerable growth during the forecast period 2020-2026

Rising disposable income, increasing healthcare expenditure and a major rise in fertility supplements manufacturers and supplier in the Asian market is driving the market growth in the region. The considerable increase in the awareness pertaining to nutritional enrichment in the emerging economies of Asia-Pacific such as India and China is anticipated to propel the growth of the fertility supplements market in the Asia-Pacific region. Apart from this, the continuous expansion of the retail market in emerging economies of the region to promote investments of key manufacturers is anticipated to augment the market growth in the region.

Market Players Outlook

The major players of the fertility supplements market include Fairhaven Health, LLC, Bionova Lifesciences, PregPrep LLC, Exeltis USA, Inc., Fertility Nutraceuticals LLC, Active Bio Life Science GmbH, LENUS Pharma GesmbH, CoastScience, Supplemena LLC, ZenithNutrition, Bayer AG, Genea Ltd. among others. These players are actively adopting growth strategies such as mergers and acquisitions, partnerships, collaboration, and agreements to enhance their geographical reach and market presence. 

The Report Covers

• Market value data analysis of 2019 and forecast to 2026.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global fertility supplements market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.