Market revenue in 2023 | USD 585.5 million |
Market revenue in 2030 | USD 855.7 million |
Growth rate | 5.6% (CAGR from 2023 to 2030) |
Largest segment | Pharmaceuticals |
Fastest growing segment | Supplements |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Supplements, Pharmaceuticals, Devices |
Key market players worldwide | Unilever 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 |
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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 Germany hair growth supplement and treatment market based on supplements, pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
In Germany, the demand for dietary supplements and vitamins is booming owing to increased health consciousness and the desire for self-improvement. As per the German Federal Institute of Risk Assessment, almost one in three Germans consumes dietary pills, capsules, or powder.
For instance, according to World Population Review, Germany has approximately 41% of males losing their hair, and this percentage is likely to increase in the coming years. Moreover, the geriatric population is prone to the risk of hair thinning and baldness.
The increasing healthcare spending and rising number of acquisitions & expansions by supplement manufacturers are among the key factors expected to drive market growth in Germany during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany hair growth supplement and treatment market , including forecasts for subscribers. This country databook contains high-level insights into Germany hair growth supplement and treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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