Global Hair Growth Supplements Market Size & Outlook
Global hair growth supplements market, 2018-2030 (US$M)
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Global hair growth supplements market highlights
- The global hair growth supplements market generated a revenue of USD 733.6 million in 2023 and is expected to reach USD 1,918.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.7% by 2030.
- In terms of segment, single ingredient accounted for a revenue of USD 544.2 million in 2023.
- Multi-ingredient is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 733.6 million |
| Market revenue in 2030 | USD 1,918.3 million |
| Growth rate | 14.7% (CAGR from 2023 to 2030) |
| Largest segment | Single ingredient |
| Fastest growing segment | Multi-ingredient |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Ingredient, Multi-ingredient |
Other key industry trends
- In terms of revenue, the North America accounted for 19.8% of the global hair growth supplements market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 2.7 million by 2030.
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Hair Growth Supplements Market Scope
Hair Growth Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hair growth supplements 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 supplements market will help companies and investors design strategic landscapes.
Single ingredient was the largest segment with a revenue share of 74.18% in 2023. Horizon Databook has segmented the Global hair growth supplements market based on single ingredient, multi-ingredient covering the revenue growth of each sub-segment from 2018 to 2030.
Market Dynamics
The prevalence of hair thinning disorders is increasing, particularly among young people. This is due to a number of factors, including increased stress levels, poor diet, environmental toxins, hormonal changes, and autoimmune diseases. As more people become aware of the causes and effects of hair thinning.
They are more likely to seek out ways to prevent or treat it. This has led to increased demand for hair growth supplements. As the prevalence of hair thinning disorders continues to increase, the demand for hair growth supplements is likely to grow as well.
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Target buyers of Global hair growth supplements market databook
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Our clientele includes a mix of hair growth supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hair growth supplements market , including forecasts for subscribers. This global databook contains high-level insights into Global hair growth supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global hair growth supplements market size, by region, 2018-2030 (US$M)
Top 10 countries: Hair growth supplements market size, 2023 (US$M)
Global hair growth supplements market share, by type, 2023 & 2030 (%, US$M)
Hair Growth Supplements Market: Opportunity Assessment By Country
Global hair growth supplements market, by region, 2023 (US$M)
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