Global Vitamin And Minerals Market- Size, Share, Analysis, and Trends, 2023-2032 | Salus Haus, Pfizer, Daiichi Sankyo, AMWAY, Eisai, Sanofi

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Vitamin And Minerals market report by The Business Research Company, The growing use of dietary 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.

The global vitamin and minerals market grew from $21.37 billion in 2022 to $22.65 billion in 2023 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, causing inflation across goods and services and affecting many markets across the globe. The vitamin and minerals market is expected to grow from $26.27 billion in 2027 at a CAGR of 3.8%.

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Major competitors in the Vitamin And Minerals market include 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

The Vitamin And Minerals market is segmented -

• By Type: Multivitamin, Single Vitamin, Multi Mineral, Single Mineral
• By Application: Energy And Weight Management, General Health, Bone And Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Other Applications
• By Distribution Channel: Pharmacies ANd Drug Stores, Supermarkets And Hypermarkets, Online Channels
• By End-User: Adults, Geriatric, Pregnant Women, Children, Infants. North America was the largest region in the vitamins and minerals supplements market in 2022.

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Vitamins and mineral supplements refer to the micronutrients that the body needs to perform a variety of typical tasks. These micronutrients must, however, be obtained from the food we eat because they are not generated by our bodies. Organic compounds known as vitamins are often classified as either fat-soluble or water-soluble. The main types of vitamin and mineral supplements are multivitamins, single vitamins, multi-mineral supplements, and single minerals.

The Table Of Content For The Vitamin And Minerals Market Include:

1. Executive Summary
2. Vitamins and Mineral Supplement Market Characteristics
3. Vitamins and Mineral Supplement Market Trends And Strategies
4. Vitamins and Mineral Supplement Market - Macro Economic Scenario
5. Vitamins and Mineral Supplement Market Size And Growth
……
27. Vitamins and Mineral Supplement Market Competitive Landscape And Company Profiles
28. Vitamins and Mineral Supplement Pipeline Analysis
29. Key Mergers And Acquisitions In The Vitamins and Mineral Supplement Market
30. Vitamins and Mineral Supplement Market Future Outlook and Potential Analysis
31. Appendix

The "Global Vitamin And Minerals Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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