Canada Hair Growth Supplement And Treatment Market Size & Outlook

The hair growth supplement and treatment market in Canada is expected to reach a projected revenue of US$ 195.6 million by 2030. A compound annual growth rate of 6.7% is expected of Canada hair growth supplement and treatment market from 2024 to 2030.
Revenue, 2023 (US$M)
$124.4
Forecast, 2030 (US$M)
$195.6
CAGR, 2024 - 2030
6.7%
Report Coverage
Canada

Canada hair growth supplement and treatment market, 2018-2030 (US$M)

Canada

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Canada hair growth supplement and treatment market highlights

  • The Canada hair growth supplement and treatment market generated a revenue of USD 124.4 million in 2023 and is expected to reach USD 195.6 million by 2030.
  • The Canada market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
  • In terms of segment, pharmaceuticals was the largest revenue generating type in 2023.
  • Supplements is the most lucrative type segment registering the fastest growth during the forecast period.


Hair growth supplement and treatment market data book summary

Market revenue in 2023USD 124.4 million
Market revenue in 2030USD 195.6 million
Growth rate6.7% (CAGR from 2023 to 2030)
Largest segmentPharmaceuticals
Fastest growing segmentSupplements
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSupplements, Pharmaceuticals, Devices
Key market players worldwideUnilever PLC, Church & Dwight Co Inc, Amway Malaysia Holdings, Procter & Gamble Co, Johnson & Johnson, Merck & Co Inc, Curallux, Alma Lasers Ltd, Cipla Ltd DR, Harbin Pharmaceutical Group, Wontech Co., InVite Health, iRestore India, ExoCoBio


Other key industry trends

  • In terms of revenue, Canada accounted for 1.6% of the global hair growth supplement and treatment market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. hair growth supplement and treatment market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 195.6 million by 2030.

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Hair Growth Supplement And Treatment Market Companies

Name Profile # Employees HQ Website

Canada hair growth supplement and treatment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hair growth supplement and treatment market will help companies and investors design strategic landscapes.


Pharmaceuticals was the largest segment with a revenue share of 88.42% in 2023. Horizon Databook has segmented the Canada hair growth supplement and treatment market based on supplements, pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.


Increasing initiatives undertaken by local players and growing penetration of key players in the Canadian market to fulfill the rising demand for hair growth supplements and treatments are major factors propelling the market.

This, in turn, is expected to positively impact market growth. For instance, in 2018, Nature’s Way entered into an agreement with Natural Products Canada to coinvest in novel natural health product opportunities in the country.

In addition, supportive government legislation is another factor propelling the market in the country. For instance, in June 2021, Biova announced that its BiovaBIO supplement received approval from Health Canada. BiovaBIO supplement can effectively reduce the signs of hair thinning and aging.

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Target buyers of Canada hair growth supplement and treatment market databook

  • Our clientele includes a mix of hair growth supplement and treatment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hair growth supplement and treatment market , including forecasts for subscribers. This country databook contains high-level insights into Canada hair growth supplement and treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada hair growth supplement and treatment market size, by type, 2018-2030 (US$M)

Canada Hair Growth Supplement And Treatment Market Outlook Share, 2023 & 2030 (US$M)

Canada hair growth supplement and treatment market size, by type, 2018-2030 (US$M)

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