Global Hair Supplements Market Overview:
Biotin is an essential vitamin that promotes hair and nail growth. Vitamin B is an important nutrient for both skin and hair. Manufacturers of hair supplements are creating capsules that contain zinc, iron, and vitamins A, C, D, and B-complex, among other ingredients, to promote hair development. They're increasing R&D in capsules that contain DHT blockers like pumpkin seeds, pine bark, stinging nettle, and others to prevent follicle shrinkage and regulate hair loss. Furthermore, numerous new opportunities are expected to emerge as a result of the progressive move toward newer technology and natural products, as well as ongoing research and development on hair problems and other new product launches.
- Rise in Aging Population and High Disposable Incomes in Developing Countries
- Growing Awareness about Nutritional Health Benefits of Hair Supplements
- High Costs associated with Hair Supplements
- Increase in Awareness and Shift from Care to Preventive Health
- Rise in concerns of People towards their External Outlook and Appearance
- Constant Research and Development on Hair Problems and Various New Product Launches
- Strict Regulatory Regulations
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Amway (United States), OUAI HAIRCARE (United States), GNC Holdings Inc. (United States), Nutraceutical Wellness Inc (United States), InVite Health (United States), HUM Nutrition (United States), Codeage LLC (United States), Vital Proteins LLC (United States), Source Naturals, Inc. (United States), Viva Naturals (Canada), The Bountyful Co. (United States), Philip Kingsley Products Ltd (United Kingdom), NutraChamps (United States) and KLAIRE LABS. Additionally, following companies can also be profiled that are part of our coverage like Life Extension (United States), New Nordic Healthbrands AB (Sweden) and Country Life, LLC (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Hair Supplements market by 2026. Considering Market by Nature, the sub-segment i.e. Organic will boost the Hair Supplements market. Considering Market by Distribution Channel, the sub-segment i.e. Hypermarkets/Supermarkets will boost the Hair Supplements market. Considering Market by Form, the sub-segment i.e. Powder will boost the Hair Supplements market.
Latest Market Insights:
On Apr 30, 2021, Nestlé and KKR today have entered into an agreement in which Nestlé will acquire core brands of The Bountiful Company for USD 5.75 billion. The Bountiful Company is the number one pure-play leader in the highly attractive and growing global nutrition and supplement category.
On Sept 15, 2021, Sulo Nutrition has launched Gummy candies that promote healthy hair growth. and On Feb. 18, 2021, Viviscal announced the launch of Viviscal Hair Therapy – a new line of mix-in powder supplements designed to boost hair health2. Viviscal Hair Therapy provides a balance of nutrients that help address women's specific lifestyle needs and help form the foundation for healthy, gorgeous hair.*
What Can be Explored with the Hair Supplements Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Hair Supplements Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Hair Supplements
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hair Supplements market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hair Supplements market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants and Investors, Hair Supplements Manufacturers, Hair Supplements Suppliers/Distributors, Raw Material Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Hair Supplements Market?
The Hair Supplements market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Hair Supplements Market?
Top performing companies in the Global Hair Supplements market are Amway (United States), OUAI HAIRCARE (United States), GNC Holdings Inc. (United States), Nutraceutical Wellness Inc (United States), InVite Health (United States), HUM Nutrition (United States), Codeage LLC (United States), Vital Proteins LLC (United States), Source Naturals, Inc. (United States), Viva Naturals (Canada), The Bountyful Co. (United States), Philip Kingsley Products Ltd (United Kingdom), NutraChamps (United States) and KLAIRE LABS, to name a few.
3. What trending factors would impact Hair Supplements Market growth most?
"Rising Demand for Natural & Chemical-Free Products
" is seen as one of major influencing trends for Hair Supplements Market during projected period 2020-2026.