Urology Supplements Market Size was valued at USD 1.74 Bn in 2023 and is predicted to reach USD 3.29 Bn by the year 2031 at a 8.43% CAGR during the forecast period for 2024-2031.
Urology supplements are dietary items that help maintain the health of the urinary tract. Vitamins, minerals, botanicals, and other components may be included in these supplements. The market for urology supplements is growing at a rapid pace due to a number of important considerations. The prevalence of urological illnesses has increased dramatically due to an aging global population, calling for an increase in preventative healthcare interventions. Additionally, increased awareness of the value of proactive well-being and urological health has spurred consumer demand for supplements. The effectiveness of urological supplements has been further improved by technological developments in formulation methods, drawing in a wider customer base.
Moreover, the widespread adoption of internet platforms as feasible avenues for distribution has significantly enhanced accessibility to these supplements, hence spurring market expansion. These interrelated elements work together to support the urology supplements industry's upward trajectory as the market develops.
Market Segmentation:
The urology supplements market is segmented on the basis of type, application, formulation, and distribution channel. Based on type, the market is segmented as multi-ingredient and single ingredient. Based on application the market is segmented into urinary tract infections, kidney health, prostate health, bladder health and others. On the basis of formulation, the market is segmented into capsules, softgels, tablets, liquid, and others. By distribution channel, the market is segmented into brick & mortar and E-commerce.
Based on Type, the Multi-Ingredient Segment is Accounted as a Major Contributor in the Urology Supplements Market
The multi-ingredient category is expected to hold a major share in the global urology supplements market in 2022. The key drivers of the segment's growth are the increased desire for natural and holistic solutions, the need for complete care products, and the synergistic effects of multi-ingredient formulations. For instance, Labiana Pharmaceuticals announced in December 2020 the release of Precyst, a unique multi-ingredient supplement that supports women's urinary system health by containing D-mannose and cranberry extract.
Capsules Segment Witness Growth at a Rapid Rate
The capsules segment is projected to grow at a rapid rate in the global urology supplements market. Capsule is most common dosage form for urinary supplement. Compared to other forms like pills or powders, they are more pleasant for customers because they are easier to swallow and have no distinct flavor or odor. Because of their simplicity of use, capsules are quite popular among customers, which fuels their domination in the market.
In the Region, the North America Urology Supplements Market Holds Significant Revenue Share.
The North America urology supplements market is expected to register highest market share in terms of revenue in the near future. The increasing prevalence of lifestyle-related urological diseases, increased knowledge of urological health, and the easy accessibility of supplement-based therapies are the main drivers of market expansion. Moreover, consumers are searching for non-invasive, long-lasting ways to improve their overall urological well-being. This has led to a strong demand for urology supplements throughout the region due to the growing awareness of urological health and changes in lifestyle patterns. In addition, Asia Pacific is projected to grow at a rapid rate in the global urology supplements market. Across the APAC area, consumers are becoming more conscious of and interested in health and wellness. Individuals who search out urological items that support general well-being are become more aware of their lifestyle choices. Customers are willing to spend more on health-enhancing products in APAC countries as disposable income rises.
Recent Developments:
- January 2024: Theralogix is pleased to announce the release of Mannose One, a revolutionary dietary supplement that provides improved protection for the urinary system. Theralogix presents Mannose One, the only content-certified and independently tested d-mannose supplement.
- August 2023: With its 'Well' brand of Sci-Vedic products, Modicare Limited, a well-known direct-selling company in India, targets specific nutrition and wellness needs for both men and women. This growth demonstrates Modicare's dedication to providing a wide array of solutions designed to address different health needs. This is expected to support market expansion.
Urology Supplements Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 1.74 Bn |
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Revenue Forecast In 2031 |
USD 3.29 Bn |
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Growth Rate CAGR |
CAGR of 8.43% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Application, By Type, By Formulation, By Distribution Channel and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Theralogix, Puritan's Pride, Nature's Bounty, Solaray, Natrol, LLC., Himalaya Wellness, Biotexlife, Schiff Nutrition, ZAHLER, and Himalayan Organics. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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