Global Mineral Supplements Market, By Application (Pharmaceuticals, Food and Beverages, Others), Product (Calcium, Magnesium, Iron, Potassium, Zinc, Chromium, Selenium, Others), End-User (Adult Women, Adult Men, Senior Citizens, Others) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Mineral supplements market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 7.45% in the above-mentioned forecast period. Rise in the urbanization drives the mineral supplements market swiftly.
Mineral supplements are defined as the combination of minerals and vitamins and other ingredients. Mineral can be classified as macro minerals that are also called electrolytes or trace minerals. Minerals are basically of two type’s major minerals and trace minerals and the major minerals which are used and stored in major quantities in the body such as calcium, chloride, magnesium, phosphorus, potassium, sodium and sulfur.
Rising geriatric population is the vital factor escalating the market growth, also rise in the awareness about preventive healthcare and increase in the prevalence of diseases, such as cancer and diabetes are the major factors among others driving the mineral supplements market. Moreover, increase in the research and development activities in the market and rise in the technological advancements and modernization in the healthcare techniques will further create opportunities for mineral supplements market in the forecasted period of 2021-2028.
However, increase in the availability of counterfeit products, rise in the dearth of quality check and inappropriate labelling are the major factors among others acting act as restraints, and will further challenge the growth of mineral supplements market in the forecast period mentioned above.
This mineral supplements market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research mineral supplements market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Mineral Supplements Market Scope and Market Size
Mineral supplements market is segmented on the basis of application, product and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on application, the mineral supplements market is segmented into pharmaceuticals, food and beverages and others.
- Based on product, the mineral supplements market is segmented into calcium, magnesium, iron, potassium, zinc, chromium, selenium and others.
- Mineral supplements market is also segmented on the basis of end-user into adult women, adult men, senior citizens and others.
Mineral Supplements Market Country Level Analysis
Mineral supplements market is analysed and market size insights and trends are provided by country, application, product and end-user as referenced above.
The countries covered in the mineral supplements market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the mineral supplements market due to rise in the awareness about preventive healthcare and increase in the prevalence of diseases, such as cancer and diabetes in this region.
The country section of the mineral supplements market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Mineral supplements market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for mineral supplements market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the mineral supplements market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Mineral Supplements Market Share Analysis
Mineral supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to mineral supplements market.
The major players covered in the mineral supplements market report are Omega Protein Corporation, Bio Botanica, Inc, BioPharma Services Inc, Pharmavite LLC, DSM, Nu Skin, Herbalife International of America, Inc, Glanbia, Plc, Atrium Innovations Inc, BASF SE, Amway, Bayer AG, Dow, Otsuka Pharmaceutical Co., Ltd., NaturaLife Asia Co., Ltd, Epax, Himalaya Wellness, Ricola, Orkla, Abbott, Nestle and Cargill, Incorporated among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.