Menopause Wellness Market to Reach Us$ 24.5 Billion by 2030
Menopause Wellness Market: Market Introduction
Reports and Insights deliver key insights on the Global Menopause Wellness Market. In terms of revenue, the total value of the global menopause wellness market is slated to reach US$ 24.5 Bn by 2030, owing to numerous factors, regarding which Reports and Insights offer thorough insights and forecasts in its report on the global menopause wellness market.
The menopause wellness market includes wide range of products and services available to help women manage the physical and emotional changes that occur during menopause. This can include supplements, herbal remedies, hormone therapy, diet and nutrition plans, exercise programs, mental health support, and more. As women approach menopause, they may experience a variety of symptoms such as hot flashes, night sweats, mood changes, and vaginal dryness. These symptoms can be uncomfortable and disruptive, and many women seek out solutions to alleviate them.
The menopause wellness market has grown in recent years as more women have become interested in natural and holistic approaches to managing menopause symptoms. The market includes a wide range of products and services aimed at promoting overall health and well-being during this transitional phase of life.
Market Report Outlook:
This report on the global menopause wellness market aims to discuss market dynamics, including market drivers, potential threats and challenges to the market, global menopause wellness market opportunities for the major players, global menopause wellness market trends, market segmentation outlook, regional outlook, global menopause wellness market size, market forecast, market share, as well as the major players operating in the global menopause wellness market.
Menopause Wellness Market: Dynamics
The aging population is a significant demographic group that is driving growth in the menopause wellness market. As women age, they are more likely to experience menopause and the associated physical and emotional symptoms. This has led to an increase in demand for menopause-related products and services, such as supplements, hormone therapy, natural remedies, and mental health support.
According to the World Health Organization, the global population of women aged 50 and older is expected to reach 1.2 billion by 2030, up from 873 million in 2010. This aging population represents a significant market for menopause-related products and services.
Moreover, women today are living longer, healthier lives, and are more engaged in maintaining their health and wellness as they age. This has led to a greater interest in natural and holistic approaches to managing menopause symptoms, as well as personalized health solutions tailored to individual needs and preferences.
Menopause Wellness Market: Regional Outlook
North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa are a few of the key regional areas to understand the global expansion of the market for menopause wellness market.
North America is a significant market for menopause wellness products and services. The region has a large population of women who are entering menopause, and there is a growing awareness of the importance of menopause wellness among women, healthcare providers, and policymakers.
In the United States, there is growing government support and funding for menopause wellness research and initiatives. The National Institutes of Health (NIH) has several institutes and centers that support research on menopause and related health issues, such as the National Institute on Aging and the National Institute of Child Health and Human Development.
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The Asia Pacific menopause wellness market is a growing and emerging market with significant opportunities. India has a large and growing population of women who are entering menopause. According to a report by the United Nations Population Fund (UNFPA), there are currently around 103 million women in India who are aged 45 and above, and this number is expected to reach 319 million by 2050. This means that there will be a large and growing number of women in India who will be experiencing menopause-related symptoms and health issues, creating significant opportunities for businesses that can provide innovative and effective menopause wellness products and services.
Menopause Wellness Market: Key Players
Some of the major players in the market are Feel Holdings Limited, The Boots Company PLC., SHHH...MENOPAUSE WELLNESS, Himalaya Wellness Company, Womaness, Screenme, Thermaband Inc., Embr Wave, Joylux, Inc., Amyris, Inc., and FemmePharma Consumer Healthcare among others.
Recent Developments by Key Players:
In 2022 Amyris Inc., and actress Naomi Watts launched Stripes—a new consumer brand that provides science-backed, menopause wellness personal care products.
In 2021, Procter & Gamble acquired Kindra, a company that produces a range of products designed to help alleviate symptoms of menopause, including hot flashes, night sweats, and vaginal dryness.
Press Release : https://reportsandinsights.com/pressrelease/menopause-wellness-market
Menopause Wellness Market: Segmentation Outlook
Data for growth projections and estimates are included in this study for the Product Type segment {Skin Care, Sexual Health and Feminine Care, Menopause Support Supplements, Wellness/Medical Device, and Others (Bath Soak, Salts & Others)}; for the Form Type segment (Capsules, Tablets, Cream, Mist and Gel); for the Symptom Type { Changing Skin, Hair, Nails, Joints, Brain Fog, Mood, Energy, Hot Flashes/Night Sweats, Vaginal Dryness/Light Leaks, Sleep Quality and Others}; for the Sales Channel segment {Hypermarket and Supermarket, Pharmacies & Drug Stores, Wellness Specialists, Online Retailers, Practitioner Channel and Other Sales Channel}. The menopause wellness market forecast period is 2022 to 2030.
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