How Big is the Anti-Aging Supplements Market?
The Global Anti-aging Supplements market is projected to grow at a CAGR of around 5.23% during the forecast period, i.e., 2023-28. The market is influenced by the factors such as the ever-increasing population of aging individuals their desire to retain a youthful look. The changing lifestyles, growing health consciousness, and rising disposable incomes have contributed to market growth as individuals are becoming more eager to invest in products that help them look feel younger. The emergence of social media celebrity culture has also boosted the demand for these supplements, as customers are exposed to images of young-looking celebrities desire to look like them.
Market Statistics
- Market Growth Rate (CAGR): 5.23% from 2023-2028
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Anti-Aging Supplements Market Insight:
Driver-
Surging Aging Population to Driving the Market Growth
The growing aging population is one of the key elements driving the Anti-aging Supplements market. Since individuals are looking for ways to maintain their health vitality, and anti-aging vitamins are one way to achieve this aim. According to the United Nations, the overall population between the age group of 40 59 was roughly 1,783,309 in 2019 is expected to increase to 2,046,991 by 2030. Thus, the need for anti-aging products is incessantly rising as the population ages. The ease of usage ability of customized products makes these supplements particularly alluring. For instance, some supplements are made to assist joint health, while others raise energy levels.
Furthermore, the growing emphasis on preventative health is another element fueling the rise of the anti-aging supplement industry. Anti-aging vitamins are thought to enhance general health wellness and guard against age-related health issues. Customers are eager to spend money on skin products supplements that would make them look well feel good about themselves. Hence, the surging inclination of consumers towards these supplements would help in the expansion of the market.
Anti-Aging Supplements Market Segmentation:
The report has segmented the market into the following categories:
By Type
- Collagen
- Omega-3 fatty acids
- Antioxidants
- Resveratrol
- Coenzyme Q10
- Vitamins
- Minerals
- Others (Herbal extracts)
By Form
- Pills/capsules
- Powder
- Liquid
- Others (Gummies, Patches, etc.)
By Distribution Channel
- Online
- Supermarkets and hypermarkets
- Health and wellness stores
- Pharmacy and drugstores
- Others (Convenience stores, Beauty salons, etc.)
By Region
- North America
- South America
- Europe
- The Middle East Africa
- Asia-Pacific
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Competitive Landscape:
- Life Extension
- The Vitamin Shoppe
- Novos Labs
- Vital Nutrients
- GNC Holdings LLC
- Nature’s Bounty
- MegaFood
- Natrol
- HUM Nutrition
- Centrum
- Nature Made
- New Chapter, Inc.
- Amway
- Jeunesse Global
- Herbalife Nutrition Ltd.
- Others (Nu Skin Enterprises, Inc., USANA Health Sciences).
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2023-2028)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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