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2022 Vitamin and Minerals Global Market Analysis And Forecast | Technologies, Demand, Growth, Research And Development 2031
Vitamins and Mineral Supplement Market
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The global vitamins and mineral market report by the business research company identifies growing use of dietar*y supplements in the modern lifestyle is a key factor driving the growth of the vitamins and mineral supplement market. Nutrition plays an important role in maintaining immune system balance, and supplementation with the micronutrients such as vitamins C and D, Zinc, and omega fatty acids within recommended upper safety limits is a safe, effective and low-cost strategy to help support optimal immune function in patients fighting COVID-19 and other respiratory tract diseases. In the case of COVID-19 patients, a variety of high-protein and fiber foods, including cookies, bread, and rolls, have been developed by the Indian Research Institute. For example, to improve children's immunity, dietar*y supplement company Avida Health has launched a chocolate ball functional food in Singapore. A nutritional focus on the immune system could help minimize the impact of the current COVID-19 pandemic and other infections. Therefore, the implementation of dietar*y supplements in the lifestyle is expected to drive the growth of the vitamins and mineral supplement market.
The global vitamin and minerals market is expected to grow from $20.16 billion in 2021 to $21.37 billion in 2022 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The vitamins and minerals supplements market is expected to reach $24.69 billion in 2026 at a CAGR of 3.7%.
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North America was the largest region in the vitamins and minerals supplements market in 2021. Middle East is expected to be the fargest growing region in the forecast period. The regions covered in the vitamins and minerals supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the vitamins and minerals supplements market are Salus Haus, Pfizer, Daiichi Sankyo, AMWAY, Eisai, Sanofi, GNC, CSPC Pharmaceutical Group, DSM, Otsuka Holdings Co. Ltd, Puritan's Pride, Pharmavite, Jamieson, Webber Naturals, Hainan Yangshengtang, Nature's Bounty, CCMP Capital, Pharmavite, Suntory Holdings Ltd, Glanbia PLC, Glaxosmithkline PLC, Abbott Laboratories, Bayer AG, Puritan's Pride, General Nutrition CentersInc., Webber Naturals, CSPC Pharmaceutical Group, and Hainan Yangshengtang.
The global vitamins and mineral market is segmented -
1) By Type: Multivitamin, Single Vitamin, Multi Mineral, Single Mineral
2) By Application: Energy And Weight Management, General Health, Bone And Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Others
3) By Distribution Channel: Pharmacies ANd Drug Stores, Supermarkets And Hypermarkets, Online Channels
4) By End-User: Adults, Geriatric, Pregnant Women, Children, Infants
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The Vitamins and mineral Market Report Contents Include
1. Executive Summary
2. Vitamins and mineral Market Characteristics
3. Vitamins and mineral Market Trends And Strategies
4. Vitamins and Mineral Supplement Market - Macro Economic Scenario
5. Vitamins and mineral Market Size And Growth
………
29. Key Mergers And Acquisitions In The Vitamins and mineral Market
30. Vitamins and mineral Market Future Outlook and Potential Analysis
31. Appendix
This report covers the trends and market dynamics of the vitamins and mineral market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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