Prenatal Vitamin Supplements Market to Record Growth of $230.86 Million – Driven by Growing Number of Gynecologists Recommending Prenatal Vitamin Supplements to Pregnant Women

NEW YORK, September 16, 2022 /PRNewswire/ — The “Prenatal Vitamin Supplements Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026report has been added to Technavio’s offering. According to the report, the market size will increase by $230.86 million, accelerating at a CAGR of 8.25% over the forecast period. The report considers various aspects such as consumer base, adoption rate, average sale price, revenue generated by sellers, and various other factors to estimate the market size. Download a sample PDF report here to get an idea of ​​the overall scope of the full report.

The global prenatal vitamin supplement market is fragmented. The market is characterized by the presence of a few large, medium and small sellers. Most large, established vendors sell and distribute their offerings to customers around the world, while most smaller vendors are focused on their regional markets. Suppliers compete on the basis of parameters such as price, quality, innovation, reputation, brand identity and distribution.

Major vendors have a large geographic presence, large production facilities, and significant market shares. Rivalry among vendors is intense and forces them to adopt pricing and marketing strategies to retain their existing market shares and seize new market opportunities. Intense competition between suppliers poses a risk to their operations. High product differentiation among vendors intensifies competition in the market. Therefore, to thrive in such a competitive environment, it becomes imperative for vendors to differentiate their product offerings through a clear and unique value proposition.

The report identifies Abbott Laboratories, Bayer AG, Biotics Research Corp., Bright Lifecare Pvt. Ltd., Church and Dwight Co. Inc., Duchesnay Inc., GlobalBees Brands Pvt. Ltd, Natals Inc., Nestlé SA, Nordic Naturals, Novus Life Sciences Pvt Ltd, Otsuka Holdings Co Ltd, Premama Inc, The Clorox Co., The Foodstate Co, The Procter and Gamble Co., TherapeuticsMD Inc., Vertical Pharmaceuticals LLC, Vitamin Angel Alliance Inc and Vitamin Packs Inc. DBA Persona as major market players.

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Although the increasing number of gynecologists recommending prenatal vitamin supplements to pregnant women will provide immense opportunities for growth, the misconceptions associated with prenatal vitamin supplements will challenge the growth of market players. To make the most of the opportunities, sellers in the market should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request a sample report here

The global prenatal vitamin supplements market is segmented as follows:

Conventional retail channels accounted for the maximum sales in the market in 2021. The segment is driven by frequent discounts and other promotional benefits offered by supermarkets and hypermarkets to attract customers.

North America accounted for the largest market share in 2021. The high penetration of supplement varieties and high awareness of prenatal vitamin supplements in countries like the United States and Canada are driving the growth of the regional market. Technavio presents a detailed picture of the market through study, synthesis and summation of data from multiple sources. Our Prenatal Vitamin Supplements Market report covers the following areas:

Prenatal Vitamin Supplements Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Prenatal Vitamin Supplements market including some of the dominating vendors. Relying on competitive insights and benchmarking, our Prenatal Vitamin Supplements Market research report is designed to provide entry assistance, customer profile and mergers and acquisitions, as well as support for the go-to-market strategy.

Prenatal Vitamin Supplements Market 2022-2026: Highlights

• Market CAGR over the forecast period 2022-2026

• Detailed information on the factors that will contribute to the growth of the prenatal vitamin supplements market over the next five years

• Estimated Prenatal Vitamin Supplements Market Size and Contribution to the Parent Market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the prenatal vitamin supplement market

• Market Competitive Landscape Analysis and Detailed Vendor Information

• Comprehensive details of the factors that will challenge the growth of the Prenatal Vitamin Supplements Market vendors

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Contents:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Distribution Channel

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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