Global Maternity Vitamins and Supplements Market: Overview
Maternity vitamins and supplements refer to a part of dietary supplements that are meant to be utilized after, during and before pregnancy. The taking in of maternity vitamins and supplements has increased manifold over the years, thanks to the recommendations made by gynecologists. In rapidly developing countries like China and India, the demand for maternity vitamins remains high and is likely to remain so due to growing awareness about prevailing vitamin deficiencies at the time of pregnancy. In addition to that, many initiatives by both healthcare and government bodies to ensure safe and healthy pregnancy and childbirth are likely to drive growth of the global maternity vitamins and supplements market over the period of analysis, from 2020 to 2030.
Some of the essential minerals and vitamins that are usually included in maternal vitamins and supplements comprise iron, calcium, iodine, and folic acid. Folic acid is considered extremely important during pregnancy as it helps in the prevention of neural tube birth defects that could affect the spinal cord and brain. Calcium is considered important as it assists in the growth of bones in babies and in the maintenance of bone density of mothers. Iodine is another important element that helps in proper and healthy functioning of thyroid gland during pregnancy and prevent stunted growth of the child. Given the importance of these products, the global maternity vitamins and supplements market is likely to observe high growth in the years to come.
Product, and region are two crucial factors based on which the global maternity vitamins and supplements market has been divided.
Global Maternity Vitamins and Supplements Market: Notable Developments
The global maternity vitamins and supplements market has come across some futuristic and important developments in the last few years. The market is marked with the presence of a number of leading players across the globe. Continuous research and development has played an important role in the expansion of the market share and increasing revenue for the market players.
Some of the prominent companies in the global maternity vitamins and supplements market are mentioned below:
- Nestlé, S.A.
- Douglas Laboratories
- NATURELO Premium Supplements LLC
- Jean Coutu Group
- Metagenics, Inc
Global Maternity Vitamins and Supplements Market: Key Trends
The global maternity vitamins and supplements market is marked with the presence of the following challenges, promising opportunities, and market drivers.
Increased Awareness about the Needs of a To-be-mother and her Fetus to Support Demand in the Market
The growth of the global maternity vitamins and supplements market is likely to be influenced by the growing awareness about the benefits of these products. These days, to-be-mothers are more aware about what her body and fetus needs during pregnancy. In addition, growing concern about various conditions, such as inherited metabolic disorder, chromosome abnormality, Down syndrome, congenital heart defect, and other such conditions compel to-be-mothers to take vitamins and supplements to eliminate chances of such disorders.
These days, many women are working, which often leads to stressful life and inadequate and untimely eating leads to vitamin and mineral deficiencies during the pregnancy period. This factor is likely to foster growth of the global maternity vitamins and supplements market over the period of analysis, from 2020 to 2030.
Global Maternity Vitamins and Supplements Market: Geographical Analysis
Of all the regions that have been considered in the report titled “global maternity vitamins and supplements market”, North America is regarded as an important market and is likely to remain so during the period of projection, from 2020 to 2030. High awareness about these vitamins and minerals together with high disposable income and tendency to spend on healthcare is likely to augur well for the market in the region.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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