Hair Supplements Market Segmentation, Business Opportunities, Top Manufacturers and Future Demand Analysis

The hair supplements market is projected to cross US$ 2.86 Bn by 2031. Biotin supplements are being publicized for stimulating hair growth.

Possible Side Effects of Biotin Supplements Affecting Market Growth

The hair supplements market is projected to cross US$ 2.86 Bn by 2031. Biotin supplements are being publicized for stimulating hair growth. However, possible side effects of biotin include digestive upset, skin rashes, and kidney problems, among others. Moreover, the FDA (Food and Drug Administration) has not established a recommended dietary allowance (RDS) for biotin.

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Thus, to overcome issues of side effects with biotin supplements, companies and brands are recommending doctor’s consultation with the consumption of healthy diet to improve hair growth. Health conscious consumers are referring to dietician’s recommendations about the best gluten-free, affordable, and hypoallergenic biotin supplements through online news outlets.

Multivitamin Hair Gummies Enable Proper Functioning of Oil Glands

Biotin hair gummies are being publicized for hair strengthening and repairing of hair tissues. Bodywise - a manufacturer of science-backed self-care products is offering its 100% vegan hair vitamin gummies for women. It has been found that zinc plays a vital role in hair tissue growth and repair. Hence, manufacturers in the hair supplements market are boosting their output capacities in hair multivitamin gummies that enable proper functioning of the oil glands around hair follicles.

The high prevalence of zinc deficiency in women is acting as a key driver of the hair supplements market. Brands in the hair supplements market are developing gummies packed with vitamin A, C, and E that protect the hair from free-radical damage.

Hair Supplements: Market Frontrunners

  • Growing awareness about nutritional health benefits of hair supplements drives the hair supplements market. The easy availability of hair supplement products contributes to the expansion of the hair supplements market. Moreover, the rising number of health-conscious people fuels the growth of the hair supplements market.
  • Nowadays, women are becoming a key part of the workforce. This encourages them to be self-conscious and more aware of healthy habits to nourish themselves. Hair is an important part of one’s personality. Hair loss is becoming a problem for many men and women, owing to inappropriate diet and sometimes, also due to genetic disorders. Doctors also recommend hair supplements to treat hair loss and enhance the health of hair, which is contributing to the growth of the hair supplements market.
  • Based on nature, conventional hair supplements is anticipated to dominate the market for hair supplements in the year 2021. However, the organic segment of hair supplements is gaining massive traction. It is projected to expand at a CAGR of 13%during the forecast period.
  • The capsules form segment holds the largest value share around 5%with the growing demand for various hair supplements for proper essential nutrients to nourish the hair

Hair Vitamin Capsules with DHT Blockers Help Prevent Follicle Shrinking

Capsules are anticipated to dominate the highest revenue share among all forms in the hair supplements market. OZiva Hair Vitamins with DHT (Dihydrotestosterone) blocker and omega-3 are gaining popularity in the segment of daily hair nutrition. Consumers are preferring gluten-free, soy-free, non-GMO (Genetically Modified Organisms), no artificial sweeteners, and no sugar in hair supplement capsules.

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Manufacturers in the hair supplements market are developing capsules that promote hair growth with the help of zinc, iron, and vitamin A, C, D, B-complex, among others. They are increasing RD in capsules that prevent follicle shrinking and control hair fall with the help of DHT blockers such as pumpkin seeds, pine bark, stinging nettle, and the likes.

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