The global mineral supplement market is projected to grow at a CAGR of 7%-8% from 2020 to 2025. The growth of mineral supplement market is driven by growing geriatric population in the world, insufficient food consumption by aging population, and rising prevalence of mineral deficiencies, especially calcium, zinc, and iron.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global mineral
supplements market by end users (Adult Women, Adult Men, Senior Citizen, and
Others), by application (Pharmaceutical, Food & Beverage, and Others),
product type (Calcium, Magnesium, Iron, Potassium, Zinc, Chromium, Selenium,
and Others), and region (North America, Europe, Asia Pacific, and the Rest of
the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the mineral supplement market?
Q.4 What are some
changing demands of customers in the mineral supplement market?
Q.5 What are the new
developments in the mineral supplement market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this mineral supplement area and how big
of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this mineral supplement market?
Emerging trends, which have a direct impact on the dynamics of the industry, include new product development and innovative delivery formats, including powders, chews, transdermal creams and sprays.
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Market Segmentation:
Based on product type,
the mineral supplement market is segmented into calcium, magnesium, iron,
potassium, zinc, chromium, selenium, and others. The calcium segment accounted
for the largest share of the market in 2020 and is expected to register the
highest CAGR during the forecast period, due to growing prevalence of
osteoporosis, increasing cases of cancer, particularly breast cancer, pose high
risk of developing osteoporosis at an early stage.
North America will
remain the largest market over the forecast period due to increasing awareness
about healthcare and high disposable income that drive people to invest more on
healthcare and wellness.
Key Players in the
mineral supplement market are Glanbia Plc, E. I. Du Pont, NBTY, Inc., DSM N.V.,
BASF SE, Bayer AG, Atrium Innovations Inc., Amway, Nestle, Biovea, Herbalife
International of America, Inc., and Sanofi.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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https://www.lucintel.com/mineral-supplement-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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