HTF MI recently introduced Global Mineral Supplements Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Bayer AG (Germany), GlaxoSmithKline plc (United Kingdom), Perrigo Company plc (Ireland), Arkopharma Laboratoires Pharmaceutiques (France), Sanofi S.A. (France), Nutraceutical International Corporation (Switzerland), Merck KGaA (Germany), Pharma Nord ApS (Denmark), Nature’s Bounty Co. (United states), Garden of Life, LLC (United states).
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According to HTF Market Intelligence, the Global Mineral Supplements market is expected to grow from USD in 2023 to USD by 2030, with a CAGR of 4.8% from 2024 to 2030. The market is segmented by Application (General Health, Bone and Joint Health, Gastrointestinal Health, Others) by Type (Capsule, Tablet, Powder, Others) by Product (Calcium, Magnesium, Iron, Potassium, Others) by Sales Channels (Pharmacies and Drug Stores, Supermarkets and Hypermarkets, Online Channels) by End User (Adults, Geriatric, Pregnant Women, Children, Infants) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
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Definition:
Vitamins and minerals are important nutrients because they perform hundreds of roles in the human body. Mineral supplements contain a combination of vitamins and minerals and sometimes other ingredients as well. Researchers have shown that more than one-third of Americans take mineral supplements. These supplements are often called multivitamin supplements. The people who need mineral supplements include pregnant women, who can’t eat a variety of food, who are sick, injured, who eat calorie-restricted diet and others. The increased importance of lifestyle disorders driving the mineral supplement market.
Market Trends:
- Increased Accessibility to Mineral Supplements a Priority
- Demand for Organic Supplements
Market Drivers:
- Increasing Number of People with Vitamin/Mineral Deficiency
- Growing Awareness among People about Healthy Lifestyle
- Increased Disposable Income of the People in Developing Countries
Market Opportunities:
- Growing Demand For Multivitamin and Mineral Supplements Worldwide
- Increase In The Amount Of Sports Complexes and Gyms
- Growing World Population
Dominating Region:
Fastest-Growing Region:
- Mineral Supplements Market – Global Trend and Outlook to 2029
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Mineral Supplements market segments by Types: Capsule, Tablet, Powder, Others
Detailed analysis of Mineral Supplements market segments by Applications: General Health, Bone and Joint Health, Gastrointestinal Health, Others
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Mineral Supplements Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Mineral Supplements Market:
Chapter 01 – Mineral Supplements Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Mineral Supplements Market – Pricing Analysis
Chapter 05 – Global Mineral Supplements Market Background or History
Chapter 06 — Global Mineral Supplements Market Segmentation (e.g. Type, Application)
Chapter 07 – Key and Emerging Countries Analysis Worldwide Mineral Supplements Market
Chapter 08 – Global Mineral Supplements Market Structure & worth Analysis
Chapter 09 – Global Mineral Supplements Market Competitive Analysis & Challenges
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Mineral Supplements Market Research Methodology
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