Abbott, Amway India Enterprises Pvt. Ltd., Bayer AG are Dominating the Global Women Nutrition Market in 2020

Global Women Nutrition Market is expected to grow with the CAGR of 8.2% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global women nutrition market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global women nutrition market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In June 2014, Abbott has acquired Veropharm, a leading Russian pharmaceutical company. Under this agreement, the Abbott also acquired Garden Hills company which has owned the 80% of Veropharms share.  This acquisition obtained the portfolio of medicine that focus in women’s health, central nervous system, cardiovascular system and gastroenterology.  In addition, the acquisition expanded the Abbott presence in Russia through the ownership of Veropharm’s company.   

Abbott is dominating player in global women nutrition market. The other key players existing in the market includes Optimum Nutrition, Inc., GNC Holdings, LLC, Amway, ADM, Hamilton Thorne Health Solutions, Bayer AG, DANONE, BHI Biohealth International GmbH, NOW Foods, Swisse Wellness PTY LTD, Gaia Herbs, Uniliver, Nestlé, La Nature's, Herbalife International of America, Inc., GlaxoSmithKline plc, General Mills Inc., KELLOGG CO. and among others among others.

Women Nutrition Market Abbott 

Abbott, headquartered in Illinois, U.S. was founded in 1900. The company is engaged in manufacturing and providing healthcare products such as medical devices, diagnostic products and nutritional products for consumers. The company has various business segments that are established pharmaceutical products, diagnostic products, nutritional products and medical devices, out of which is nutritional products is market focused segment.

  • In June 2014, Abbott has acquired Veropharm, a leading Russian pharmaceutical company. Under this agreement, the Abbott also acquired Garden Hills company which has owned the 80% of Veropharms share.  This acquisition obtained the portfolio of medicine that focus in women’s health, central nervous system, cardiovascular system and gastroenterology.  In addition, the acquisition expanded the Abbott presence in Russia through the ownership of Veropharm’s company.

The company has presence across Europe, Asia-Pacific, North America, Latin America, Middle East and Africa.

Amway India Enterprises Pvt. Ltd.

Amway India Enterprises Pvt. Ltd.is headquartered in Chicago, U.S., was founded in 1902. The company is focused on transforming the natural products into a complete portfolio of ingredients and flavors for foods and beverages, supplements, nutrition for pets and livestock. The company has various product categories that are food and beverage solutions, animal nutrition, fuel, industrials, logistics, farmer services, financial services, SparkHub, out of which is food and beverage solutions is market focused category.

  • In May 2020, Amway India Enterprises Pvt. Ltd. has tied up with ITC aiming in product launches in health and immunity division to meet increased demand amidst the lockdown. The company has launched the B Natural+ fruit beverage ranges for the people looking for products that offer them nutrition and support immunity. This has helped company to broaden its product portfolio in the market.

The company has wide presence in North America, Asia-Pacific, Middle East and Africa, Europe.

Bayer AG

Bayer AG is headquartered in Leverkusen, Germany, was founded in 1863. The company offers consumer health &nutritional supplements, pharmaceutical products, fertilizers and other agricultural products. The company has business segments that are pharmaceuticals, consumers health, crop science, out of which pharmaceuticals is market focused segment.

  • In September 2020, Bayer AG is a global leading women’s healthcare company that completed the acquisition with KaNDy Therapeutics Ltd. a biotech company in the U.K. This acquisition expands the drug developments pipeline in women’s healthcare. The Bayer AG is completely integrating KaNDy’s NT-84 compound into women’s healthcare drug development pipeline.  The phase III clinical study for this drug is looking forward in 2021. This has helped the company to broaden its presence in the market.

The company has wide presence in North America, Asia-Pacific, Middle East and Africa, Europe.