Therapeutic Nutrients And Minerals Market 2024 - Growth Size, Business Opportunities, Trends, Regional Overview, Leading Companies And Forecast To 2033

The new report published by The Business Research Company, titled ""Therapeutic Nutrients And Minerals Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the therapeutic nutrients & minerals market size has grown strongly in recent years. It will grow from $67.64 billion in 2023 to $73.08 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The therapeutic nutrients & minerals market size is expected to see strong growth in the next few years. It will grow to $99.22 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.

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Rising Demand For Functional Foods To Drive Market Growth
The increasing demand of functional foods is expected to propel the growth of therapeutic nutrients and minerals market going forward. Functional foods refer to food products that offer health benefits beyond basic nutrition. These foods are formulated to provide additional positive effects on health by promoting optimal physiological functions and reducing the risk of chronic diseases. Functional foods, enriched with therapeutic nutrients and minerals, offer targeted health advantages, driving their popularity among health-conscious individuals. For instance, according to the Institute of Food Technologists (IFT), a US-based non-profit scientific society, the sales of functional foods and beverages in the United States reached $83 billion in 2021, a 6.8% increase over 2020. Therefore, the increasing demand of functional foods is driving the growth of the therapeutic nutrients and minerals market.

Technological Advancements Driving Innovation In Therapeutic Nutrients And Minerals Market
Technological advancements are a key trend gaining popularity in the therapeutic nutrients and minerals market. Major companies operating in the therapeutic nutrients and minerals market are introducing new technologies to develop innovative products and sustain their position in the market. For instance, in March 2022, Prodalim Resources Ltd., a Netherlands-based food and beverage service company, launched the Capsoil FoodTech platform. The platform features the next generation of self-emulsified powder technology to convert bioactive oil compounds, including nutritional oils, fat-soluble vitamins, and lipid-based nutrients, into easily soluble powders.

The therapeutic nutrients and minerals market covered in this report is segmented -

1) By Type: Multivitamins, Calcium, Supplements, Other Types
2) By Formulation: Capsule, Tablet, Powder, Liquid Or Gel, Other Formulations
3) By Sales Channel : Pharmacies And Drug Stores, Supermarkets And Hypermarkets, Online Channels
4) By End User: Adults, Geriatric, Pregnant Women, Children, Infants

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Major companies operating in the therapeutic nutrients and minerals market report are Glanbia plc, Herbalife Nutrition Ltd., Bayer AG, Abbott Laboratories, Nu Skin Enterprises Inc., Otsuka Pharmaceutical Co. Ltd., Alticor Inc., Royal DSM NV, Reckitt Benckiser Group plc, NutraMarks Inc., Pharmavite LLC, Archer Daniels Midland Company, BASF SE, Nestlé SA, Bio Botanica Inc., GlaxoSmithKline plc, International Flavors & Fragrances Inc., Jamieson Wellness Inc., USANA Health Sciences Inc., Albion Minerals, Balchem Corporation, Innophos Inc., AST Enzymes, Nature's Way Brands, FuelMax Pvt. Ltd., Haleon plc, Garden of Life, Integrative Therapeutics Inc., Gemini Pharmaceuticals Inc. .

Contents of the report:
1. Executive Summary
2. Therapeutic Nutrients And Minerals Market Report Structure
3. Therapeutic Nutrients And Minerals Market Trends And Strategies
4. Therapeutic Nutrients And Minerals Market - Macro Economic Scenario
5. Therapeutic Nutrients And Minerals Market Size And Growth
…..
27. Therapeutic Nutrients And Minerals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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