Global Sexual Enhancement Supplements Market Report and Forecast 2023-2031
Global Sexual Enhancement Supplements Market Outlook
The value of the global sexual enhancement supplements market was USD 231.70 million in 2022 driven by the increasing prevalence of sexual dysfunction in ageing population across the globe. The market is expected to grow at a CAGR of 8.40% during the forecast period of 2023-2031 to reach value of USD 485.10 million by 2031.
Sexual Enhancement Supplements: Introduction
Sexual enhancement supplements refer to dietary supplements or natural remedies that are taken to improve sexual function and enhance sexual pleasure in both men and women. These supplements may contain a variety of natural ingredients, such as herbs, vitamins, minerals, amino acids, and other nutrients.
Sexual enhancement supplements are often marketed as a natural and safe way to address sexual problems, such as erectile dysfunction, low libido, premature ejaculation, and difficulty achieving orgasm. Some supplements are also marketed as a way to increase sexual stamina, improve sexual performance, and enhance overall sexual satisfaction.
However, it is important to note that not all sexual enhancement supplements are backed by strong scientific evidence, and some may have potentially harmful side effects. It is recommended to consult with a healthcare professional before using any sexual enhancement supplements.
Sexual Enhancement Supplements: Application and Uses
Sexual enhancement supplements are used by individuals who are looking to enhance their sexual performance, improve libido, or address issues such as erectile dysfunction or premature ejaculation. These supplements are designed to improve sexual function and provide a variety of benefits such as increasing stamina, enhancing libido, and improving blood flow to the genitals. Some of the common ingredients in sexual enhancement supplements include herbal extracts, vitamins, minerals, amino acids, and other natural compounds that have been traditionally used to enhance sexual function. These supplements are available in various forms such as pills, capsules, powders, and liquids.
Global Sexual Enhancement Supplements Market Segmentations
Market Breakup by Product Type
- Conventional Sexual Enhancement Supplements
- Organic Sexual Enhancement Supplements
Market Breakup by Distribution Channel
- Online Stores
- Retail Stores
Market Breakup by End User
Market Breakup by Region
North America
- United States of America
- Canada
Europe
- United Kingdom
- Germany
- France
- Italy
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Global Sexual Enhancement Supplements Market Scenario
The global sexual enhancement supplements market growth is driven by several factors, including increasing awareness about sexual health, changing lifestyles and dietary habits, and the rising prevalence of sexual dysfunction.
The increasing prevalence of sexual dysfunction, especially among the aging population, is a major driving factor for the market growth. Additionally, the availability of various sexual enhancement supplements through online platforms and the growing acceptance of natural and herbal products are expected to boost the market growth.
The market is segmented based on product type, distribution channel, and region. Based on product type, the market is further segmented into male enhancement supplements, female enhancement supplements, and others. Male enhancement supplements dominate the market owing to the high prevalence of sexual dysfunction among men. Based on the distribution channel, the market is segmented into online and offline channels. The online channel is expected to witness significant growth during the forecast period due to the convenience of shopping and the availability of a wide range of products through e-commerce platforms.
Geographically, North America holds the largest market share due to the high awareness about sexual health, the presence of major market players, and the increasing prevalence of sexual dysfunction. Europe is expected to follow North America in terms of market share owing to the increasing aging population and rising awareness about sexual health. The Asia Pacific region is expected to witness the highest CAGR during the forecast period due to the increasing prevalence of sexual dysfunction, growing acceptance of natural and herbal products, and the increasing penetration of e-commerce platforms.
Key Players in the Global Sexual Enhancement Supplements Market
The report gives an in-depth analysis of the key players involved in the global sexual enhancement supplements market. The companies included in the market are as follows:
- Dabur India Limited
- LifeStyles Healthcare Pte. Ltd.
- Laboratoires ARKOPHARMA
- Aytu Consumer Health, Inc.
- Church & Dwight Co., Inc.
- Lovehoney Group
- GNC Holdings, LLC