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Global Vitamin, Mineral and Supplements Market – Industry Trends and Forecast to 2029

Food & Beverage

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Global Vitamin, Mineral and Supplements Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Nov 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Vitamin, Mineral and Supplements Market, By Vitamin Type (Vitamin B Complex, Vitamin B1 (Thiamin), Vitamin B2 (Riboflavin), Vitamin B3 (Niacin), Vitamin B5 (Pantothenic Acid), Vitamin B6 (Pyridoxine), Vitamin B9 (folic acid), Vitamin C (Ascorbic Acid), and Others), Mineral Type (Micro Minerals and Macro Minerals), Supplement Ingredients (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, And others), Supplements (Tablets, Capsules, Powder, Liquids, Soft Gels, and Gel Caps), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of the Middle East and Africa) Industry Trends and Forecast to 2029.

Vitamin, Mineral and Supplements Market

Market Analysis and Insights  : Global Vitamin, Mineral and Supplements Market

The vitamin, mineral and supplements market is expected to witness market growth at a rate of 8.6% in the forecast period of 2022 to 2029. Data Bridge Market Research report on vitamin, mineral and supplements market provide analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth.

Vitamins and minerals are considered to have its main application in functional and fortified foods. Functional and fortified foods are considered whole, rich foods that provide health benefits beyond the necessary nutrients when eaten regularly as part of a diverse diet.

Major factors that are expected to boost the growth of the vitamin, mineral and supplements market in the forecast period are the rise in the livestock sector in advancing countries. furthermore, the increase in the need for nutrients for monogastric animals is further anticipated to propel the growth of the vitamin, mineral and supplements market. On the other hand, the regulatory control over subsidiary usage limits in the lack of knowledge is further projected to impede the growth of the vitamin, mineral and supplements market in the timeline period.

In addition, the several changes in genetic pathways including the lifestyle diseases and atherosclerosis in the working population will further provide potential opportunities for the growth of the vitamin, mineral and supplements market in the coming years. However, the regulatory influence might further challenge the growth of the vitamin, mineral and supplements market in the near future.

This vitamin, mineral and supplements market report provide details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized 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 vitamin, mineral and supplements market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

Global Vitamin, Mineral and Supplements Market Scope and Market Size

The vitamin, mineral and supplements market is segmented on the basis of vitamin type, mineral type, supplements ingredient and supplements. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of vitamin type, the vitamin, mineral and supplements market is segmented into vitamin B complex, vitamin B1 (thiamin), vitamin B2 (riboflavin), vitamin B3 (niacin), vitamin B5 (pantothenic acid), vitamin B6 (pyridoxine), vitamin B9 (folic acid), vitamin C (ascorbic acid), and others.
  • On the basis of mineral type, the vitamin, mineral and supplements market is classified into micro minerals and macro minerals. Macro minerals is further sub segmented into potassium, calcium, phosphorus, magnesium and sodium.
  • On the basis of application, the vitamin, mineral and supplements market are segmented into meat processing, HoReCa, and pet food.
  • On the basis of supplement ingredients, the vitamin, mineral and supplements market is classified into botanicals, vitamins, minerals, amino acids, enzymes, and others.
  • On the basis of supplements, the vitamin, mineral and supplements market is classified into tablets, capsules, powder, liquids, soft gels, and gel caps.

Vitamin, Mineral and Supplements Market Country Level Analysis

The vitamin, mineral and supplements market is segmented on the basis of vitamin type, mineral type, supplements ingredient and supplements.    

The countries covered in the vitamin, mineral and supplements market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

North America dominates the vitamin, mineral and supplements market due to the rise in the incidence of chronic diseases in several countries. Furthermore, the consumers are changing to dietary supplements for avoiding chronic diseases which will further boost the growth of the vitamin, mineral and supplements market in the region during the forecast period.

The country section of the vitamin, mineral and supplements market report also provides individual market impacting factors and changes in regulation in the market domestically that impact 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, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Vitamin, Mineral and Supplements Market Share Analysis

The vitamin, mineral and supplements market competitive landscape provides details by a 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 vitamin, mineral and supplements market.

The major players operating in the vitamin, mineral and supplements market report are Pharmavite LLC, Salus-Haus, Puritan's Pride, General Nutrition CentersInc., Webber Naturals, AMWAY, Pfizer Inc., DSM, Daiichi Sankyo, CSPC Pharmaceutical Group, Hainan Yangshengtang, Eisai, Jamieson, Sanofi China among others.

 

 


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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Vitamin, Mineral and Supplements Market is projected to grow at a CAGR of 6.5% during the forecast period by 2028.
The Vitamin, Mineral and Supplements Market is segmented on the basis of vitamin type, mineral type, supplements ingredient and supplements.
The major players in the Vitamin, Mineral and Supplements Market are Pharmavite LLC, Salus-Haus, Puritan's Pride, General Nutrition CentersInc., Webber Naturals, AMWAY, Pfizer Inc., DSM, Daiichi Sankyo, CSPC Pharmaceutical Group, Hainan Yangshengtang, Eisai, Jamieson, Sanofi China among others.
The countries covered in the Vitamin, Mineral and Supplements Market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, etc.
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