LONDON--(BUSINESS WIRE)--The prenatal vitamin supplements market is poised to grow by USD 195.69 million during 2020-2024, progressing at a CAGR of almost 8% during the forecast period. Request free sample pages
Read the 120-page report with TOC on "Prenatal Vitamin Supplements Market Analysis Report by Distribution channel (Conventional retail channels, and Direct selling and e-retailing), Geographic segmentation (North America, APAC, Europe, South America and MEA), and the Segment Forecasts, 2020-2024".
The market is driven by the increasing number of gynecologists recommending prenatal vitamin supplements to expecting mothers. In addition, the adoption of artificial intelligence by prenatal vitamin supplement manufacturers to optimize production processes is anticipated to further boost the growth of the prenatal vitamin supplements market.
Gynecologists advise pregnant women to consume prenatal vitamin supplements to optimize their chances of producing a healthy baby. Prenatal vitamin supplements contain folic acid and they are prescribed to prevent the risk and incidence of neural-tube defects including spina bifida. Women who are affected by a neural tube defect are often advised to take a higher dose of five milligrams of folic acid each day until they are 12-weeks pregnant. Gynecologists also recommend iron and calcium supplements to produce new blood cells and calcium for the bone growth of the developing baby. Thus, the increasing number of gynecologists recommending prenatal vitamin supplements to expecting mothers is expected to drive market growth during the forecast period.
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Major Five Prenatal Vitamin Supplements Market Companies:
Abbott Laboratories operates the business under various segments such as Nutritionals, Diagnostics, Cardiovascular and Neuromodulation, and Established Pharmaceuticals. The company offers Similac range of Prenatal Vitamins.
Atrium Innovations Inc.
Atrium Innovations Inc. offers products through the Pharmaceuticals business unit. The company offers Organic Prenatals as whole food supplements and raw prenatal.
Bayer AG operates under various business segments, namely Pharmaceuticals, Consumer Health, Crop Science, and Animal Health. The company provides chewable gummies with folic acid and DHA.
Church & Dwight Co. Inc.
Church & Dwight Co. Inc. offers products through the following business segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company provides prenatal supplements under the brand, Vitafusion.
FoodState Inc. offers products through the following business segments: Vitamins & Supplements and Health Needs. The company offers Natural Whole-Food Supplements under the brand name, MegaFoods.
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Prenatal Vitamin Supplements Market Distribution Channel Outlook (Revenue, USD Million, 2020-2024)
- Conventional retail channels
- Direct selling and e-retailing
Prenatal Vitamin Supplements Market Geographic Outlook (Revenue, USD Million, 2020-2024)
- North America
- South America
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