The global hair supplements market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Hair supplements mainly contain antioxidants such as vitamins C, A, and E, Coenzyme Q10, and biotin, and minerals selenium and manganese are found in supplements sold for healthy hair, as well as fatty acids such as flaxseed oil and fish oil. The high prevalence of zinc deficiency in women serves as an important driver of the hair supplement market and the products on the hair supplement market make gummies full of vitamins A, C, and E that protect hair from free radical damage.
Manufacturers of hair products create hair growth pills with the help of zinc, iron, and vitamins A, C, D, & B-complex, among others. Increase R&D in capsules that prevent follicle thinning and control hair loss with the help of DHT inhibitors such as pumpkin seeds, pine bark, stinging nettle, and more. The development of potential treatments and increasing demandfor premium organic & non-chemical products to boost the hair growth market: The way consumers view organic skin products and personal care is clearly reflected in their purchase patterns, which change steadily over time. Today, the hair extensions industry is looking forward to its glorious days and this is due to its compliance with these evolving trends. The impact of chemical-free products on the health and well-being of consumers is a major factor in the growing market for organic hair extensions, which also increases the demand for natural hair products.
Key players in the hair supplements market such as GNC Holdings Inc., Nutraceutical Wellness Inc, Codeage LLC, Source Naturals, Inc., Vital Proteins LLC, and The Bountyful Co. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in January 2020, OUAI HAIRCARE announced that it would establish 1,200 Ulta stores, its largest partnership to date. In Ulta, the brand will start by selling its 12 leading brands, which include leather and hair accessories.
Further, in 2020, a large portion of Vital Proteins LLC was acquired by Nestlé Health Sciences. The company currently operates as a private company. Nestlé’s resources and capabilities have benefited Vital Proteins LLC and accelerated the expansion of the product line, as well as regional expansion.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Foam
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape-GNC Holdings Inc., Nutraceutical Wellness Inc, Codeage LLC, Source Naturals, Inc., Vital Proteins LLC, and The Bountyful Co.among others.
A full report Hair Supplements Market of is available at: https://orionmarketreports.com/hair-supplements-market/95879/
Global Hair Supplements Market Report by Segment
By Type
- Single Ingredient
- Multi-ingredient
By Foam
- Powder
- Gummies & Soft Gels
- Tablets
- Capsules
- Liquid
By Distribution Channel
- Hypermarkets/Supermarkets
- Specialty Stores
- Drugs & Pharma Stores
- Online Retail
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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