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    Hair Loss Supplement Market Report

    Hair Loss Supplement Market Report
    Report code - SRHL222 Delivery - 2 Weeks
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    Global Hair Loss Supplement Market, Dynamics, Market Analysis
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    Market Insights

    The Global Hair Loss Supplement Market is expected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over x% during the forecast period.

    Figure: Global Hair Loss Supplement Market Size, 2020-2026 (USD Million)

    Hair-Loss-Supplements-Market-Forecast

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    What are Hair Loss Supplements?

    Hair loss supplements are intended to prevent hair loss among all age population groups. Hair loss supplements are formulated with different vitamins and minerals to enhance hair growth and prevent hair loss. Hair loss supplements are available in both tablets and capsules form. Supplements available in capsule forms are being widely preferred by consumers.

    Key Players

    Key players operating in the global Hair Loss Supplement Market are-

    • SugarBearHair (The U.S),
    • HUM Nutrition Inc (The U.S),
    • Church & Dwight Co., Inc. (The U.S),
    • Nutrafol (The U.S),
    • Nourish Beaute (The U.S),
    • ArtNaturals (The U.S),
    • Nature's Wellness (The U.S),
    • Naturenetics Inc. (The U.S),
    • BioProsper Labs (The U.S),
    • OUAI Haircare (The U.S), and
    • Nature's Bounty Co. (The U.S).

    Market Dynamics

    Changing lifestyle, stress due to jobs, and unhealthy eating habits have also resulted in increased hair problems. 

    • The growth of the global hair loss supplement market is primarily driven by an increasing number of people facing hair fall at a young age due to various factors particularly high intake of alcohol and tobacco.
    • Additionally, growing emphasis on aesthetics coupled with rising per capita disposable income is also projected to fuel the demand for hair loss supplements at a significant rate during the review period.
    • Furthermore, increasing demand for product innovation among consumers is likely to create lucrative opportunities for the players operating in the global market during the review period.

    Segment Analysis

    Application Trends

    Based on application, the market has been segmented into individuals, clinics, and others.

    • The individual's segment accounted for the largest market share in 2020 and is projected to grow at the fastest CAGR during the review period.
    • Rising self-awareness and increasing popularity of social media are the key factors propelling the segment growth.
    • Furthermore, recommendation by the beauticians coupled with increasing beauty parlour visits is likely to fuel the product demand further.

    Regional Trends

    Geographically, the market in North America accounted for the largest market share in 2020.

    • The market growth can be attributed to the increasing prevalence of diseases such as alopecia areata and traction alopecia, and high demand for novel products.
    • The market in Asia-Pacific is expected to register fastest growth during the review period on account of rising consumer awareness coupled with increased spending on personal care products.

    COVID-19 Impact on Global Hair Loss Supplement Market

    The Covid-19 outbreak did affect the growth of the hair loss supplement market for a short period when the lockdown was imposed across geographies which affected the manufacturing and supply of products. However, with the lift of lockdown, the online sale of hair loss supplements increased. Additionally, the number of visits to dermatologists increased as many people face increased hair loss due to stress amid the pandemic. This in turn impacted the market growth positively.

    Critical Questions Answered in the Report

    • What are the key trends in the global hair loss supplement market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global hair loss supplement market?
    • What are the key strategies adopted by the major vendors to lead in the global hair loss supplement market?
    • What is the market share of the top vendors?

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    Target Audience

    The following is a list of the customers that the global Hair loss Supplements market aims to convert the most:

    • Hair loss supplement manufacturers
    • Hair loss supplement suppliers
    • Hair loss supplement distributors
    • Organizations
    • Government bodies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    SugarBearHair (The U.S), HUM Nutrition Inc (The U.S), Church & Dwight Co., Inc. (The U.S), Nutrafol (The U.S), Nourish Beaute (The U.S), ArtNaturals (The U.S), Nature's Wellness (The U.S), Naturenetics Inc. (The U.S), BioProsper Labs (The U.S), OUAI Haircare (The U.S) and Nature's Bounty Co. (The U.S) are among the key players in the hair loss supplements market.

    North America accounted for the largest share of the hair loss supplements market in 2020.

    Asia-pacific is expected to register the fastest growth in the hair loss supplements market during the forecast period.

    Increasing number of people facing hair fall at a young age due to various factors particularly high intake of alcohol and tobacco, growing emphasis on aesthetics coupled with rising per capita disposable income, increasing demand for product innovation among consumers are the factors driving the growth of hair loss supplements market.

    Hair loss supplement manufacturers, Hair loss supplement suppliers, Hair loss supplement distributors, Organizations, Government bodies are the target audience in the hair loss supplements market.

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