Mineral Supplement Market is projected to grow to US$ 20.85 Billion by 2032, at a CAGR of 3.4% from 2024 to 2032 | PMR
The rising prevalence of sedentary lifestyles and the growing consumption of unhealthy diets have led to an increase in the number of individuals experiencing nutritional deficiencies. This, in turn, is supporting the development of the market. Besides, the increasing prevalence of chronic diseases has led to the rising adoption of mineral supplements for managing these conditions.The global mineral supplement market was valued at USD 14.85 billion in 2022. It is projected to grow to USD 20.85 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.4% during the forecast period of 2023 to 2032.
What are Mineral Supplements?
Minerals and vitamins are organic compounds used by the body in small amounts for a range of metabolic processes. They boost the body's immune system and support normal growth and development. Besides, they assist in the proper functioning of the cells and organs inside the body. As such, mineral deficiency may have significant adverse effects on the body.
Mineral supplements include a wide range of products that aim at offering essential minerals that may be lacking in a typical diet. Mineral supplements are available for calcium, magnesium, iron, zinc, chromium, and selenium. To cater to the diverse market needs, these supplements are offered in capsule, tablet, powder, and liquid forms.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐! https://www.polarismarketresearch.com/industry-analysis/mineral-supplements-market/request-for-sample
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ
The top industry participants are constantly upgrading their technologies to improve their product offerings and gain a competitive edge over their peers.
Some of the top players operating in the market include:
โข Abbott
โข Amway
โข Bayer
โข Bio Botanica
โข Biovea
โข DSM
โข Glanbia
โข Herbalife International
โข Nestle
โข Nu Skin
โข Omega Protein
โข Pharmavite
โข Sanofi
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.polarismarketresearch.com/buy/2692/2
๐๐ข๐ง๐๐ซ๐๐ฅ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข Calcium segment held the largest share, owing to rise in number of old age population, and surge in cases of bone de-mineralization
โข Liquid segment recorded steady growth, owing to its easy administration, better absorption rate, and higher efficacy
โข Adults segment garnered the largest share, as they are suffering with bone related disorders due to busy life-styles
โข The global key market players include Glanbia, Abbott, Nestle, Biovea, Herbalife International, Sanofi, Amway, Bayer, and Omega Protein
Segmental Analysis
โข The mineral supplement market is primarily segmented based on product, formulation, application, sales channel, end use, and region.
โข By product analysis, the calcium segment witnessed the largest revenue share owing to the growing prevalence of osteoporosis.
โข By formulation analysis, the bone & joint health segment held the majority market share due to the rising number of teens and women experiencing calcium deficiencies.
๐๐จ๐ฐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐๐๐ ๐ฆ๐๐ง๐ญ-๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ง๐๐จ๐ฏ๐๐ซ ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ, ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค! https://www.polarismarketresearch.com/industry-analysis/mineral-supplements-market
Polaris Market Research has segmented the mineral supplements market report based on product, formulation, application, sales channel, end use, and region:
Mineral Supplement, Product Outlook (Revenue - USD Billion, 2019 - 2032)
๏ง Calcium
๏ง Magnesium
๏ง Iron
๏ง Potassium
๏ง Zinc
๏ง Chromium
๏ง Selenium
๏ง Others
Mineral Supplement, Formulation Outlook (Revenue - USD Billion, 2019 - 2032)
๏ง Capsule
๏ง Tablet
๏ง Powder
๏ง Liquid/Gel
๏ง Others
Mineral Supplement, Application Outlook (Revenue - USD Billion, 2019 - 2032)
๏ง General Health
๏ง Bone & Joint Health
๏ง Gastrointestinal Health
๏ง Immunity
๏ง Others
Mineral Supplement, Sales Channel Outlook (Revenue - USD Billion, 2019 - 2032)
๏ง Pharmacies & Drug Stores
๏ง Supermarkets & Hypermarkets
๏ง Online Channels
Mineral Supplement, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
๏ง Adults
๏ง Geriatric
๏ง Pregnant Women
๏ง Children
๏ง Infants
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐๐๐๐ฒ ๐๐ฅ๐๐๐ฉ๐ข๐ง๐ ๐๐๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/baby-sleeping-bags-market
๐๐ข๐ณ๐ณ๐ ๐๐ฏ๐๐ง ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/pizza-oven-market
๐๐จ๐๐ซ๐ ๐๐๐ฆ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/board-games-market
๐๐๐ญ๐ญ๐ซ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/mattress-market
๐๐ก๐๐ข๐ง๐ฌ๐๐ฐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/chainsaw-market
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