Hair Loss Supplements Market: Global Industry Analysis and Forecast (2024 -2030)

  • Hair Loss Supplements Market size was valued at USD 1.47 Bn. in 2023. The total Hair Loss Supplements Market revenue is expected to grow by 11.2% from 2024 to 2030, reaching nearly USD 3.1 Bn.

  • Format : PDF | Report ID : SMR_2092

Hair Loss Supplements Market Overview

Hair loss supplement promotes scalp health reduce hair loss, and stimulate hair growth. These supplements contain vitamins, minerals, amino acids, herbal extracts, and other nutrients essential for healthy hair. It caters to a growing number of individuals facing hair loss due to various reasons. The online retail segment, grown by e-commerce platforms, has significantly expanded the reach of the market, while offline channels such as pharmacies and specialty stores continue to play a crucial role. As per the study, North America is the largest market for Hair Loss Supplements.

 

The hair loss supplements market is primarily driven by increasing consumer awareness, increasing hair loss, and increasing prescribing. The market is competitive, with many companies competing for market share. Nutrafol and Viviscal are the top players in the hair loss supplements industry.

Hair Loss Supplements Market

 

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Hair Loss Supplements Market Dynamics

Increasing Incidence of Hair Loss Booming Hair Care Industry Growth

Factors such as stress, poor nutrition, hormonal imbalances, and environmental pollution contribute to increased hair loss in different age groups. As a result, the market for hair loss chemicals is growing exponentially as consumers turn away vitamin, mineral, and herbal supplements that promise to nourish the scalp and improve the overall health of the scalp by introducing scientifically backed hair supplements. Increasing consumer awareness of the benefits of nutritional supplements for hair health is fueling the growth of the Hair Loss Supplements market. In addition, support from dermatologists and trichologists makes this supplement credible and popular. As a result, the hair care industry is witnessing strong expansion, with the hair loss additives market emerging as a key segment, reflecting a broader shift towards holistic health practices of prevention.

Hair Loss Supplements Market1

Rise of E-Commerce Platforms Contributing to the Hair Loss Supplements Market Growth

The rise of e-commerce platforms has changed the market for hair loss products, providing consumers with an unprecedented variety of online shopping channels for convenience that traditional brick-and-mortar stores can’t match. With just a few clicks, customers can browse, compare and purchase add-ons from the comfort of their own homes. This convenience is especially useful for individuals living in remote areas where physical stores may be scarce.

 

Additionally, e-commerce platforms tend to offer more products than physical stores, and cater to different tastes and needs. Consumers can browse through the range of products, formulations and pricing, ensuring they find the product that best suits their needs. Competition in the online marketplace also drives down prices, making these add-ons more expensive.

 

The e-commerce systems often incorporate customer reviews and ratings, providing valuable insights into the effectiveness and quality of products. This transparency helps consumers make informed purchasing decisions. The digital marketplace also allows small businesses to reach a global audience, further increasing the variety of options available. Overall, the proliferation of e-commerce platforms has not only expanded the hair loss supplements market but also provided consumers with a wider range of information and products, creating competition and consumerism a friendly atmosphere has emerged

 

Regulatory Hurdles and Compliance Issues are the main Challenges for the Hair Loss Supplements Market

Hair Loss Supplements are increasingly popular, but due to lack of strict regulation, they carry significant risks. The FDA does not require manufacturers to demonstrate the safety, efficacy, or effectiveness of these supplements before they reach the Hair Loss Supplements market. This results in vitamin and mineral products with harmful levels of vitamin A, selenium and biotin, which leads to side effects such as severe hair loss, birth defects and interfering with important medical tests. Additionally, bacterial, fungal or chemical contamination is a common issue. Users should take precautions, look for products certified by independent laboratories, and consult a healthcare provider before starting any supplement. Understanding the balance between nutrient intake and potential outcomes is important to avoid harmful outcomes.

 

Hair Loss Supplements Market Segment Analysis

Based on Product Type: The market is segmented into Capsules/Tablets, Softgels, Powders, Liquids and Gummies. The Gummies segment is gaining popularity in the Hair Loss Supplements Market, especially among youngsters. This is attributed to the rising consumer preferences for convenient and enjoyable supplement formats. Oral consumption also has benefits that make it in high demand. Regular consumption makes hair beautiful, shiny and strong and promotes healthy hair growth. They are highly nutritious and packed with essential vitamins like biotin, A, C and E that support hair health and growth. Soft and fun gummas, soft on the go and fun to try. Additionally, they benefit overall well-being by providing essential vitamins that support vitality, bone health and immunity.

Hair Loss Supplements Market2

Based on Gender: The market is segmented into Male, Female and Unisex. The female segment is expected to grow during the forecast period. In recent years, there has been a growth in the nutrition industry, especially among women, to target hair loss problems with special products. One such example is the Hair + Push Plus capsule supplement with the Singapore Hair Loss Supplements Market. Made with a blend of B vitamins, vitamin E, biotin and corn extracts, it claims to support hair growth and increase shine.

 

Soul Strips of India is also meeting the demand for hair loss treatment products in Southeast Asia with its innovative manufacturing process. The company specializes in lipsticks and plans to launch "Repair," a hair prevention product designed for women. Containing key ingredients such as Robertet's proprietary millet seed extract with biotin and vitamin D3, Carrot and others, the maintenance aims to improve hair follicle cell proliferation and promote hair binding at the scalp in the dense.

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Hair Loss Supplements Market Regional Insights

North America Hair Loss Supplements Market dominated the global market with the largest share in 2023, where the United States is the leading market for hair loss supplements. Regional market growth results from a combination of demographics, lifestyle changes, and advancements in the supplement industry. It is highly competitive, with many players ranging from large multinationals to small specialist companies. Customized supplements are gaining traction based on individual needs and genetic information. Companies are using data and AI to create tailored solutions for customers.

 

Asia Pacific Hair Loss Supplements Market is the fastest growing market. In the region, China is the key market for hair growth supplements while India is the fastest growing market for it. North Korea has seen a rise in hair loss among its citizens, due to several factors including viral hair loss as a side effect, the use of harsh chemicals in soaps and chemical laundry. Experts point out that purchasing issues and lack of access to simple medicines exacerbate the problem. In addition, the military’s requirement that men wear insulated helmets leads to hair loss through bacterial accumulation and pore-clogging. Thus, the demand for hair loss supplements is expected to increase rapidly in the future, contributing to the North Korea Hair Loss Supplements Market growth.

Hair Loss Supplements Market4

Hair Loss Supplements Market Scope

Hair Loss Supplements Market

Market Size in 2023

USD 1.47 Bn.

Market Size in 2030

USD 3.1 Bn.

CAGR (2024-2030)

11.2%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segments

By Product Type

Capsules/Tablets

Softgels

Powders

Liquids

Gummies

By Gender

Male

Female

Unisex

By Distribution Channel

Online

Offline

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Hair Loss Supplements Market Players

  1. Nutrafol [New York, NY, USA]
  2. Lia Wellness, Inc. [New York, NY, USA]
  3. Naturenetics Inc. [St. Petersburg, FL, USA]
  4. Nourish Beaute [Minneapolis, MN, USA]
  5. Pure Results Nutrition [Lehi, UT, USA]
  6. Viviscal [Chicago, IL, USA]
  7. Nature’s Bounty [Ronkonkoma, NY, USA]
  8. Hairfinity [Houston, TX, USA]
  9. Reserveage Nutrition [Gainesville, FL, USA]
  10. Phyto [Paris, France]
  11. Hims [San Francisco, CA, USA]
  12. Hers [San Francisco, CA, USA]


Frequently Asked Questions

The segments covered in the Hair Loss Supplements Market report are based on Product Type, Distribution Channel, Gender and Region.

1.    Hair Loss Supplements Market Introduction
1.1.    Study Assumption and Market Definition
1.2.    Scope of the Study
1.3.    Executive Summary
2.    Global Hair Loss Supplements Market: Competitive Landscape
2.1.    MMR Competition Matrix
2.2.    Competitive Landscape
2.3.    Key Players Benchmarking
2.3.1.    Company Name
2.3.2.    Product Segment
2.3.3.    End-user Segment
2.3.4.    Revenue (2023)
2.3.5.    Company Locations

2.4.    Market Structure
2.4.1.    Market Leaders 
2.4.2.    Market Followers
2.4.3.    Emerging Players

2.5.    Mergers and Acquisitions Details
3.    Hair Loss Supplements Market: Dynamics
3.1.    Hair Loss Supplements Market Trends 
3.2.    Hair Loss Supplements Market Dynamics 
3.2.1.    Hair Loss Supplements Market Drivers
3.2.2.    Hair Loss Supplements Market Restraints 
3.2.3.    Hair Loss Supplements Market Opportunities
3.2.4.    Hair Loss Supplements Market Challenges

3.3.    PORTER’s Five Forces Analysis
3.4.    PESTLE Analysis
3.5.    Value Chain Analysis
3.6.    Regulatory Landscape 
3.7.    Key Opinion Leader Analysis For the Hair Loss Supplements Industry
4.    Hair Loss Supplements Market: Global Market Size and Forecast by Segmentation (by Value in USD Mn) (2023-2030)
4.1.    Hair Loss Supplements Market Size and Forecast, by Product Type (2023-2030)
4.1.1.    Capsules/Tablets
4.1.2.    Softgels
4.1.3.    Powders
4.1.4.    Liquids
4.1.5.    Gummies

4.2.    Hair Loss Supplements Market Size and Forecast, by Gender (2023-2030)
4.2.1.    Male
4.2.2.    Female
4.2.3.    Gender

4.3.    Hair Loss Supplements Market Size and Forecast, by Distribution Channel (2023-2030)
4.3.1.    Online
4.3.2.    Offline

5.    North America Hair Loss Supplements Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1.    North America Hair Loss Supplements Market Size and Forecast, by Product Type (2023-2030)
5.1.1.    Capsules/Tablets
5.1.2.    Softgels
5.1.3.    Powders
5.1.4.    Liquids
5.1.5.    Gummies

5.2.    North America Hair Loss Supplements Market Size and Forecast, by Gender (2023-2030)
5.2.1.    Male
5.2.2.    Female
5.2.3.    Gender

5.3.    North America Hair Loss Supplements Market Size and Forecast, by Distribution Channel (2023-2030)
5.3.1.    Online
5.3.2.    Offline

5.4.    North America Hair Loss Supplements Market Size and Forecast, by Country (2023-2030)
5.4.1.    United States
5.4.2.    Canada
5.4.3.    Mexico 

6.    Europe Hair Loss Supplements Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
6.1.    Europe Hair Loss Supplements Market Size and Forecast, by Product Type (2023-2030)
6.2.    Europe Hair Loss Supplements Market Size and Forecast, by Gender (2023-2030)
6.3.    Europe Hair Loss Supplements Market Size and Forecast, by Distribution Channel (2023-2030)
6.4.    Europe Hair Loss Supplements Market Size and Forecast, by Country (2023-2030)
6.4.1.    United Kingdom
6.4.2.    France
6.4.3.    Germany
6.4.4.    Italy
6.4.5.    Spain
6.4.6.    Sweden
6.4.7.    Austria
6.4.8.    Rest of Europe

7.    Asia Pacific Hair Loss Supplements Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
7.1.    Asia Pacific Hair Loss Supplements Market Size and Forecast, by Product Type (2023-2030)
7.2.    Asia Pacific Hair Loss Supplements Market Size and Forecast, by Gender (2023-2030)
7.3.    Asia Pacific Hair Loss Supplements Market Size and Forecast, by Distribution Channel (2023-2030)
7.4.    Asia Pacific Hair Loss Supplements Market Size and Forecast, by Country (2023-2030)
7.4.1.    China
7.4.2.    S Korea
7.4.3.    Japan
7.4.4.    India
7.4.5.    Australia
7.4.6.    Indonesia
7.4.7.    Malaysia
7.4.8.    Vietnam
7.4.9.    Taiwan
7.4.10.    Rest of Asia Pacific

8.    Middle East and Africa Hair Loss Supplements Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
8.1.    Middle East and Africa Hair Loss Supplements Market Size and Forecast, by Product Type (2023-2030)
8.2.    Middle East and Africa Hair Loss Supplements Market Size and Forecast, by Gender (2023-2030)
8.3.    Middle East and Africa Hair Loss Supplements Market Size and Forecast, by Distribution Channel (2023-2030)
8.4.    Middle East and Africa Hair Loss Supplements Market Size and Forecast, by Country (2023-2030)
8.4.1.    South Africa
8.4.2.    GCC
8.4.3.    Nigeria
8.4.4.    Rest of ME&A

9.    South America Hair Loss Supplements Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
9.1.    South America Hair Loss Supplements Market Size and Forecast, by Product Type (2023-2030)
9.2.    South America Hair Loss Supplements Market Size and Forecast, by Gender (2023-2030)
9.3.    South America Hair Loss Supplements Market Size and Forecast, by Distribution Channel (2023-2030)
9.4.    South America Hair Loss Supplements Market Size and Forecast, by Country (2023-2030)
9.4.1.    Brazil
9.4.2.    Argentina
9.4.3.    Rest Of South America

10.    Company Profile: Key Players
10.1.    Nutrafol
10.1.1.    Company Overview
10.1.2.    Business Portfolio
10.1.3.    Financial Overview
10.1.4.    SWOT Analysis
10.1.5.    Strategic Analysis
10.1.6.    Recent Developments

10.2.    Lia Wellness,Inc. 
10.3.    Naturenetics Inc. 
10.4.    Nourish Beaute
10.5.    Pure Results Nutrition
10.6.    Viviscal
10.7.    Nature’s Bounty
10.8.    Hairfinity
10.9.    Reserveage Nutrition
10.10.    Nourish Beaute
10.11.    Phyto
10.12.    Hims
10.13.    Hers
11.    Key Findings 
12.    Industry Recommendations
13.    Hair Loss Supplements Market: Research Methodology

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