Market revenue in 2022 | USD 341.9 million |
Market revenue in 2030 | USD 527.0 million |
Growth rate | 5.6% (CAGR from 2022 to 2030) |
Largest segment | Dietary supplements |
Fastest growing segment | Dietary Supplements |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | OTC pharma products, Dietary Supplements |
Key market players worldwide | Bayer AG, AbbVie Inc, Abbott Laboratories, Nestle SA, Dr Reddy's Laboratories Ltd ADR, Theramex, Rainbow Light Nutritional Systems, Padagis |
Dietary supplements was the largest segment with a revenue share of 96.17% in 2022. Horizon Databook has segmented the Brazil menopause market based on otc pharma products, dietary supplements covering the revenue growth of each sub-segment from 2018 to 2030.
A study published by the Scientific Electronic Library Online, in December 2020, included 1,435 women in the age range of 40 years and 65 years. The study found that the mean age of menopause was 45 years, which was significantly earlier than women from western countries.
For instance, the average age of menopause onset among women in the UK is 51 years. Early-onset menopause can result in a larger number of women going through menopause during a given period of time, generating a higher requirement of dietary supplements.
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