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Mineral Supplement Market is projected to grow to US$ 20.85 Billion by 2032, at a CAGR of 3.4% from 2024 to 2032 | PMR

04-29-2024 02:11 PM CET | Food & Beverage

Press release from: Polaris Market Research & Consulting

Mineral Supplements Market

Mineral Supplements Market

The rising prevalence of sedentary lifestyles and the growing consumption of unhealthy diets have led to an increase in the number of individuals experiencing nutritional deficiencies. This, in turn, is supporting the development of the market. Besides, the increasing prevalence of chronic diseases has led to the rising adoption of mineral supplements for managing these conditions.

The global mineral supplement market was valued at USD 14.85 billion in 2022. It is projected to grow to USD 20.85 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.4% during the forecast period of 2023 to 2032.

What are Mineral Supplements?

Minerals and vitamins are organic compounds used by the body in small amounts for a range of metabolic processes. They boost the body's immune system and support normal growth and development. Besides, they assist in the proper functioning of the cells and organs inside the body. As such, mineral deficiency may have significant adverse effects on the body.

Mineral supplements include a wide range of products that aim at offering essential minerals that may be lacking in a typical diet. Mineral supplements are available for calcium, magnesium, iron, zinc, chromium, and selenium. To cater to the diverse market needs, these supplements are offered in capsule, tablet, powder, and liquid forms.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž! https://www.polarismarketresearch.com/industry-analysis/mineral-supplements-market/request-for-sample

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ
The top industry participants are constantly upgrading their technologies to improve their product offerings and gain a competitive edge over their peers.

Some of the top players operating in the market include:

โ€ข Abbott
โ€ข Amway
โ€ข Bayer
โ€ข Bio Botanica
โ€ข Biovea
โ€ข DSM
โ€ข Glanbia
โ€ข Herbalife International
โ€ข Nestle
โ€ข Nu Skin
โ€ข Omega Protein
โ€ข Pharmavite
โ€ข Sanofi

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.polarismarketresearch.com/buy/2692/2

๐Œ๐ข๐ง๐ž๐ซ๐š๐ฅ ๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Calcium segment held the largest share, owing to rise in number of old age population, and surge in cases of bone de-mineralization

โ€ข Liquid segment recorded steady growth, owing to its easy administration, better absorption rate, and higher efficacy

โ€ข Adults segment garnered the largest share, as they are suffering with bone related disorders due to busy life-styles

โ€ข The global key market players include Glanbia, Abbott, Nestle, Biovea, Herbalife International, Sanofi, Amway, Bayer, and Omega Protein
Segmental Analysis

โ€ข The mineral supplement market is primarily segmented based on product, formulation, application, sales channel, end use, and region.

โ€ข By product analysis, the calcium segment witnessed the largest revenue share owing to the growing prevalence of osteoporosis.

โ€ข By formulation analysis, the bone & joint health segment held the majority market share due to the rising number of teens and women experiencing calcium deficiencies.

๐๐จ๐ฐ ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ-๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐”๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ, ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค! https://www.polarismarketresearch.com/industry-analysis/mineral-supplements-market

Polaris Market Research has segmented the mineral supplements market report based on product, formulation, application, sales channel, end use, and region:
Mineral Supplement, Product Outlook (Revenue - USD Billion, 2019 - 2032)

๏‚ง Calcium
๏‚ง Magnesium
๏‚ง Iron
๏‚ง Potassium
๏‚ง Zinc
๏‚ง Chromium
๏‚ง Selenium
๏‚ง Others

Mineral Supplement, Formulation Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Capsule
๏‚ง Tablet
๏‚ง Powder
๏‚ง Liquid/Gel
๏‚ง Others

Mineral Supplement, Application Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง General Health
๏‚ง Bone & Joint Health
๏‚ง Gastrointestinal Health
๏‚ง Immunity
๏‚ง Others

Mineral Supplement, Sales Channel Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Pharmacies & Drug Stores
๏‚ง Supermarkets & Hypermarkets
๏‚ง Online Channels

Mineral Supplement, End Use Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Adults
๏‚ง Geriatric
๏‚ง Pregnant Women
๏‚ง Children
๏‚ง Infants

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐๐š๐›๐ฒ ๐’๐ฅ๐ž๐ž๐ฉ๐ข๐ง๐  ๐๐š๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/baby-sleeping-bags-market
๐๐ข๐ณ๐ณ๐š ๐Ž๐ฏ๐ž๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/pizza-oven-market
๐๐จ๐š๐ซ๐ ๐†๐š๐ฆ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/board-games-market
๐Œ๐š๐ญ๐ญ๐ซ๐ž๐ฌ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/mattress-market
๐‚๐ก๐š๐ข๐ง๐ฌ๐š๐ฐ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/chainsaw-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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