Anti-aging Supplements Market Size, Share, Trends, Industry Analysis Report: By Ingredient (Collagen, Resveratrol, Vitamins, Minerals, Hyaluronic Acid, NMN, and Others), Application, Formulation, Distribution Channel, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024 - 2032
The global anti-aging supplements market size is expected to reach USD 8.80 billion by 2032, according to a new study by Polaris Market Research. The report “Anti-aging Supplements Market Size, Share, Trends, Industry Analysis Report: By Ingredient (Collagen, Resveratrol, Vitamins, Minerals, Hyaluronic Acid, NMN, Others), Application, Formulation, Distribution Channel, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024 - 2032.” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Advancements in nutraceutical research have significantly contributed to the growth of the anti-aging supplements market by uncovering new ingredients and formulations. Researchers are increasingly focusing on understanding the mechanisms behind aging at a molecular level, identifying key nutrients and compounds that can potentially slow down or mitigate age-related processes. This research has led to the development of supplements enriched with antioxidants, vitamins, minerals, and bioactive compounds that target specific aspects of aging, such as skin elasticity, cognitive function, and joint health.
In January 2023, Seragon Biosciences, Inc. launched RESTORIN, an advanced senolytic NAD+ booster nutraceutical designed to enhance cellular health and promote healthy aging. It integrates technologies from Harvard University, Mayo Clinic, and Scripps Research.
Technological advancements have also enabled the extraction, purification, and formulation of these compounds into supplements that are more bioavailable and effective. This has led to the development of innovative delivery systems, such as nanoencapsulation and microencapsulation, which enhance the stability and absorption of active ingredients. As a result, consumers now have access to a wider array of anti-aging supplements that claim various health benefits, appealing to those seeking natural and preventive approaches to aging.
Media and advertising play a crucial role in driving growth in the anti-aging supplements market. Through targeted campaigns, companies can effectively educate consumers about the benefits of their products, creating awareness and influencing purchase decisions. High-profile endorsements from celebrities and influencers also enhance product credibility and appeal, leveraging their influence to reach a broader audience. Moreover, media platforms provide a powerful channel for brands to showcase scientific research, customer testimonials, and before-and-after results, reinforcing the efficacy and trustworthiness of their offerings. This visibility not only boosts consumer confidence but also encourages repeat purchases and word-of-mouth recommendations.
Anti-aging Supplements Market Report Highlights
- In 2023, the collagen segment captured the largest share of market revenue. This dominance is attributed to collagen's benefits, including its ability to restore lost protein, potentially enhance skin moisture, and reduce visible signs of aging.
- The hair, skin, and nail care segment held a significant revenue share. This segment offers various products such as vitamins, minerals, collagen peptides, and herbal extracts, promising benefits like better skin, stronger nails, and healthier hair.
- The capsule segment held the largest market share in 2023. Capsule offers a hassle-free intake method and convenient delivery of daily anti-aging supplement doses.
- The online segment is expected to witness the highest CAGR over the anticipated period, which is mainly accelerated by growing internet penetration and increasing consumer inclination towards online platforms.
- North America dominated the industry and accounted for a majority of the market revenue share due to rising the number of elderly people.
- The global key market players include Cureveda; Decode Age; GNC Holdings, LLC; Life Extension.; Nu Skin Enterprises; Nutrova; Oziva; Shaklee Corporation; Thorne; and Tru Niagen.
Polaris Market Research has segmented the anti-aging supplements market report based on type, application, shape, distribution channel, and region:
By Ingredient Outlook (Revenue - USD billion, 2019 - 2032)
- Collagen
- Resveratrol
- Vitamins
- Minerals
- Hyaluronic Acid
- NMN
- Others
By Application Outlook (Revenue - USD billion, 2019 - 2032)
- Hair, Skin, and Nail Care
- Bone & Joint Health
- Energy & Stamina
- Others
By Formulation Outlook (Revenue - USD billion, 2019 - 2032)
- Capsules
- Tablets
- Powder
- Others
By Distribution Channel (Revenue - USD billion, 2019 - 2032)
- Hypermarkets/Supermarkets
- Pharmacies & Drug Stores
- Others
By Regional Outlook (Revenue - USD billion, 2019 - 2032)
- U.S.
- Canada
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Malaysia
- Rest of Asia Pacific
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of Middle East & Africa