Market revenue in 2022 | USD 417.4 million |
Market revenue in 2030 | USD 620.0 million |
Growth rate | 5.1% (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 93.22% in 2022. Horizon Databook has segmented the France menopause market based on otc pharma products, dietary supplements covering the revenue growth of each sub-segment from 2018 to 2030.
France is witnessing a gradual increase in adoption of dietary supplements for various health aspects. Information on the use of food supplements was first collected during the Second Individual and National Study on Food Consumption (INCA), conducted in 2006-07 and later during 2014-2015 for INCA 3. It revealed that the consumption of food supplements almost doubled between the two study periods.
The Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF), in February 2019, released an update regarding vitamin A concentration in dietary supplements for the general population.
However, due to the association of higher concentration of vitamin A with hip fractures and osteoporosis in menopausal women, the change was not permitted for dietary supplements designed for menopausal women. The research-based design of supplements can help deliver desired results, increasing the credibility of products.
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