Feb 03, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Hair Growth Vitamins Market.
It was estimated prior to this unanticipated outbreak that the Hair Growth Vitamins Market is likely to witness a Healthy CAGR during the forecast period. Healthy-looking hair is a sign of beauty and healthy body. Like any other body part, hair needs a variety of nutrients to grow healthy. There are various vitamins whose deficiency can lead to baldness and loss of hair. Vitamin A can maintain the normal structure and function of the epithelial tissue, help the growth of baidu, and prevent break-age and split ends. B-vitamins known as biotic also promote healthy hair growth. Vitamins C and E are strong antioxidants that enables to protect against the oxidative stress caused by free radicals. Moreover, low levels of Vitamin D are linked to hair loss.
Hair growth is a serious concern these days among youth and working population. Deficiency of key nutrients and vitamins from their daily diet has led to hair loss and poor hair growth among people. Thus, there is a surging demand for hair growth supplements that offer different vitamins to maintain healthy growth of hair and prevents hair breakage.
- Men suffer from hair loss more commonly than women and in order to prevent that, they offer a key consumer segment, thud bolstering the product market growth.
- Furthermore, significant technological developments in product innovation to offer high quality growth supplements for hair further offers immense opportunities for the market players to strengthen their position.
- However, slow results of the supplements and poor awareness in the developing countries across the globe pose a hindrance to the market growth.
Market Segmentation
Product Type Trends
Based on product type, the hair growth vitamins market has been classified into capsule, tablet, others.
The capsule segment is likely to dominate the market by the end of 2026 owing to its higher demand due to its ability to break down more quickly than tablets. Hair growth capsules offer better absorption of the nutrients in the body and are tasteless.
Regional Trends
By region, the Asia Pacific region held a substantial market position in 2020 and is likely to register a considerable CAGR during the forecast period.
With rising purchasing power of the consumers and increasing health consciousness, the hair growth vitamins is expected to witness a surge in the region. The North America is estimated to hold the second-largest share in the hair growth vitamins market, as the consumers are shifting towards proactive nutritional supplement products that offers healthier options.
Key Players:
Key players operating in the global Hair Growth Vitamins market are-
- SugarBearHair (The U.S.),
- HUM Nutrition (The U.S.),
- Church and Dwight (The U.S.),
- Brock Beauty (The U.S.),
- Nutraceutical Wellness (The U.S.),
- OUAI Haircare (The U.S.),
- Klorane (The U.S.),
- Keranique (The U.S.),
- Olly Public Benefit (The U.S.),
- Eu Natural (The U.S.),
- Vital Proteins (The U.S.).
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Hair Growth Vitamins analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
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