(MENAFN- PR Newswire) DUBLIN, Feb. 6, 2023 /PRNewswire/ -- The 'pms and menstrual health market by product, consumer group (perimenopause, premenstrual syndrome), formulation, sales channel, and by region - global forecast to 2022-2033' report has been added to
ResearchAndMarkets.com's offering.
The PMS and menstrual health market size is estimated to be USD 23,122.5 million in 2022 and is expected to witness a CAGR of 5.92% during the forecast period 2023-2033.
Rising prevalence of PMS around the world and a growing understanding of PMS and other menstrual disorders are factors contributing to the market growth. Additionally, increasing product launch by key market players and surge in public and private initiatives to promote female health and education is expected to propel the market growth. However, strict rules and regulations by government is expected to hinder the growth.
Surge in public and private initiatives to promote female health and education is predicted to fuel the market growth during the projected period.
The Menstruation Equity for All Act of 2021, put forward by U.S. Congresswoman Grace Meng, aims to expand access to and affordability of required menstrual products, including tampons, pads, and other supplies, for a variety of groups of women and girls. In 2018, JOICEP, a Japanese non-governmental organization, launched the LADY initiative to ensure that all women and girls throughout the world have access to reproductive health services and information especially maternal health and family planning.
Increasing product launch by key market players is expected to propel the market growth during the forecast period. In order to address hormone imbalance, the American company Looni introduced a menstrual health supplement in 2021.
The hormone stabilizer Balance Mood Complex, which comes in capsule form, frequently reduces mood swings and irritation. Chasteberry, vitamin C, passionflower, and citrus bioflavonoids are all included in the PMS relief formula created by Power Gummies, India's most valued nutraceutical company. This combination is becoming more and more well-liked and is helping the market for PMS supplements expand.
Competitor Insights
Some of the key players operating in the PMS and menstrual health market are Amway, MetP Pharma AG, Nature's Bounty, GNC Holdings, Inc., Looni, RBK Nutraceuticals Pty Ltd., USANA Health Sciences, Inc., Pharmavite LLC, GlaxoSmithKline Plc, Power Gummies, Herbalife International of America, Inc., Archer Daniels Midland, and DM Pharma.
To achieve a competitive edge, these companies are implementing a variety of growth strategies. Strategic partnerships, alliances, and agreements with different businesses and research institutions are seen to be the main strategies used by companies in this sector.
For instance, Power Gummies introduced a novel variety named That Time Of The Month Gummies in 2021 in an effort to completely alter the way women manage their menstrual health. In order to address period health and hormone imbalance, the American business Looni recently released the menstrual health supplement Balance Beam Mood Complex.
This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including product, consumer group, formulation, sales channel from 2023 to 2033.
Market Segmentation
Product (Revenue, USD Million), 2022 - 2033
Combined Nutritional Supplements Single Nutritional Supplements
Consumer Group (Revenue, USD Million), 2022 - 2033
Perimenopause Premenstrual Syndrome (PMS)
Formulation (Revenue, USD Million), 2022 - 2033
Softgels Capsules/Tablets Powder Others
Sales Channel (Revenue, USD Million), 2022 - 2033
Direct Sales Channel Online Sales Channel Pharmacies/Drug Stores Other Offline Channels
By Region (Revenue, USD Million), 2022 - 2033
North America
Europe
Germany France UK Spain Italy Rest of Europe
Asia Pacific
China Japan India Australia South Korea Rest of APAC
Latin America
Brazil Mexico Argentina Rest of LATAM
Middle East & Africa
South Africa GCC Rest of MEA
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