Press release
Mineral Ingredients Market: 2017 Global Opportunity, Strategic Analysis, Industry Demand, Status, Outlook and Statistical Forecast to 2026
Fact.MR
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The global mineral ingredients market is experiencing a steady growth due to a number of factors. Some of the factors driving the global mineral ingredients market are the various health problems caused due to deficiency, the increased occurrence of chronic diseases, presence of a huge geriatric population and a general rise in awareness amongst the consumers regarding their health and consequently a rise in awareness about taking a nutrient and mineral rich ingredients diet. The recommended levels of mineral ingredients that should be daily taken by the general population have already been earmarked. Another factor that is driving the global mineral ingredients market is the presence of a large number of product offerings in the market. However, if there is an accumulation of mineral ingredients in excess to the recommended levels, it may cause health complications amongst the consumers. This factor is the main restraining factor of the global mineral ingredients market.
Fact.MR’s latest forecast study estimates that the global mineral ingredients market will expand at a value CAGR of 5.7% over the forecast period, 2017-2026. In terms of volume, the report estimates that more than 334,400 tonnes of mineral ingredients will be sold globally by the end of 2026.
Insights on How Global Mineral Ingredients Market will Evolve by 2026
Macro nutrients segment in the product type category is forecasted to exhibit a robust CAGR during the period of assessment and is estimated to reach a value of nearly US$ 720 Mn by the end of 2026. The macro nutrients segment was expected to account for more than two-third of the revenue share of the product type category by the end of the year 2017.
Infant formula segment in the application category is forecasted to exhibit a CAGR of 5.0% during the period of assessment and is likely to reach a valuation of nearly US$ 93 Mn by 2026 end. The infant formula segment was expected to account for more than one-tenth of the revenue share of the application category by 2017 end and is expected to lose market share during the forecast period.
The powder segment in the form category was forecasted to exhibit a robust CAGR during the period of assessment and is expected to reach a valuation of nearly US$ 650 Mn by the end of 2026. The powder segment was estimated to account for more than two-third of the revenue share of the form category by 2017 end.
The United States mineral ingredients market is likely to reach a value of nearly US$ 206 Mn and exhibit a moderate CAGR during the period of assessment from 2017 till 2026.
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Dairy Products Segment to Account for Nearly One Fifth of the Revenue Share of the Application Category in 2017
As per the findings of the Fact.MR research report, the dairy products segment is poised to grow at a moderate CAGR and touch a valuation of nearly US$ 129 Mn in 2026. The dairy products segment was estimated to account for nearly one-fifth of the revenue share of the application category by 2017 end and is forecasted to lose market share by the end of the year 2026.
Competition Tracking
Leading manufacturers of mineral ingredients have been profiled in this report to ascertain the market’s global competition landscape. Minerals Technologies Inc., Compass Minerals International Inc., Caravan Ingredients Inc., SEPPIC, Arla Foods amba, Gadot Biochemical Industries Ltd., AkzoNobel, Jungbunzlauer Suisse AG, Albion Laboratories Inc., and Dr. Paul Lohmann GmbH KG have been recognized as key players in the global mineral ingredients market.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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