South Africa Menopause Market Size & Outlook, 2022-2030
South Africa menopause market, 2018-2030 (US$M)
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South Africa menopause market highlights
- The South Africa menopause market generated a revenue of USD 45.9 million in 2022 and is expected to reach USD 84.3 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
- In terms of segment, dietary supplements was the largest revenue generating treatment in 2022.
- Dietary Supplements is the most lucrative treatment segment registering the fastest growth during the forecast period.
Menopause market data book summary
| Market revenue in 2022 | USD 45.9 million |
| Market revenue in 2030 | USD 84.3 million |
| Growth rate | 7.9% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.3% of the global menopause market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa menopause market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 84.3 million by 2030.
Dietary supplements was the largest segment with a revenue share of 89.76% in 2022. Horizon Databook has segmented the South Africa menopause market based on otc pharma products, dietary supplements covering the revenue growth of each sub-segment from 2018 to 2030.
The majority of aging population in South Africa is women who experience menopause during late adulthood. There is a major need to include education regarding menopause and associated symptoms in women’s health programs. The availability of dietary supplements on e-commerce platforms is helping to increase awareness about product availability among women, contributing to their increased adoption.
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Menopause Market Scope
Menopause Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa menopause market size, by treatment, 2018-2030 (US$M)
South Africa Menopause Market Outlook Share, 2022 & 2030 (US$M)
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