India Hair Growth Supplement And Treatment Market Size & Outlook
India hair growth supplement and treatment market, 2018-2030 (US$M)
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India hair growth supplement and treatment market highlights
- The India hair growth supplement and treatment market generated a revenue of USD 420.6 million in 2023 and is expected to reach USD 666.8 million by 2030.
- The India market is expected to grow at a CAGR of 6.8% 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 2023 | USD 420.6 million |
| Market revenue in 2030 | USD 666.8 million |
| Growth rate | 6.8% (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 |
Other key industry trends
- In terms of revenue, India accounted for 5.4% 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 Asia Pacific, China hair growth supplement and treatment market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,086.5 million by 2030.
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Hair Growth Supplement And Treatment Market Scope
Hair Growth Supplement And Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 88.3% in 2023. Horizon Databook has segmented the India hair growth supplement and treatment market based on supplements, pharmaceuticals, devices covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of conditions such as hair thinning and alopecia is expected to increase the adoption of dietary supplements for maintaining healthy hair, which is projected to impact the market positively.
For instance, in September 2021, Sulo Nutrition, a leading nutraceutical brand in India, launched hair growth supplements in the form of gummies to promote healthy hair growth. In July 2023, Jupiter Wellness, Inc., in collaboration with its regional distributors, Cosmofix Technovation Pvt Ltd and Sanpellegrino Cosmetics Pvt Ltd, launched Cosmofix MinoxiBoost (minoxidil) in the Indian market.
However, it has been noted that 60% to 70% of the dietary supplements sold across the country are counterfeit, fake, and unapproved. The tendency of most Indians to choose traditional medicines and remedies, such as ayurvedic and herbal medicines, may significantly restrain market growth.
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Our clientele includes a mix of hair growth supplement and treatment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India hair growth supplement and treatment market , including forecasts for subscribers. This country databook contains high-level insights into India hair growth supplement and treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India hair growth supplement and treatment market size, by type, 2018-2030 (US$M)
India Hair Growth Supplement And Treatment Market Outlook Share, 2023 & 2030 (US$M)
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