Press release
Micronutrient Powders Market To Witness Huge Growth By 2031 -Herbalife International, GNC Holdings, Amway.
Micronutrient Powders Market || 2024-2031
DataM Intelligence has released a new research report on "Micronutrient Powders Market Size 2024." This report offers in-depth insights into key factors such as regional growth, segmentation, CAGR, and the revenue status of leading players in the industry. Its aim is to present a detailed overview of the current market size in terms of value and volume, as well as potential opportunities and development trends.
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The Micronutrient Powders Market focuses on powders that deliver essential vitamins and minerals needed in small quantities for maintaining good health. These micronutrient powders are designed to address nutritional deficiencies, support overall well-being, and enhance the quality of life. They are commonly used in various applications, including dietary supplements, functional foods, and fortification of processed foods.
The Micronutrient Powders Market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Key Developments:
• On June 15, 2023, GNC teamed up with CTRL to launch a specialized line of food supplements designed for gamers and those looking to improve their dietary and nutritional habits. This collaboration aims to provide gamers and health-conscious individuals with products that enhance performance and overall well-being.
• Earlier, on December 23, 2021, BNSL Limited re-launched its ENRICH micronutrient powder, focusing on young children, particularly in Africa. This initiative seeks to raise global awareness about child malnutrition and offer a solution to improve the health of millions of malnourished children, providing them with a chance for a healthier future.
• Additionally, on October 26, 2021, GNC, a leading health and wellness brand, introduced its first strategic product partnership through GNC Ventures, its innovation arm. The inaugural partner, GLAXON, is a forward-thinking sports nutrition brand known for its innovative products. GNC Ventures aims to collaborate with disruptive and rapidly growing companies in the health and wellness industry to drive innovation.
Market Dynamics:
Growing Awareness Among Consumers About the Importance of Nutrition Drives Market Growth
The rising demand for micronutrient powders reflects a growing consumer focus on health and addressing nutrient deficiencies. As people become more health-conscious, they increasingly seek products that support overall well-being and proper nutrition. Micronutrient powders offer a convenient way to meet nutritional needs, which drives market growth.
Additionally, heightened awareness of the importance of nutrition during pregnancy and early childhood is boosting the use of micronutrient powders in maternal and child health programs. This emphasis on supporting healthy growth and development further propels market expansion.
Healthcare professionals also play a key role in this trend. Their recommendations and endorsements of micronutrient powders enhance consumer confidence and encourage broader adoption, contributing to the market's growth.
Market Segment Analysis:
By Ingredients: Vitamins, Fibers, Botanicals, Proteins, Amino Acids, Minerals, Others.
By Application: Bone & Joint Health, Anti-Cancer, Weight Management, Cardiac Health, Immunity, General Health, Others.
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Online Sales, Others.
Major Key players:
• Herbalife International
• GNC Holdings
• Amway
• Glanbia
• Bayer
• Abbott Laboratories
• NutraClick
• Nature's Sunshine Forms
• Bionova Lifesciences
• PowerBar Europe GmbH
Get Customization in the report as per your requirements - https://www.datamintelligence.com/customize/micronutrient-powders-market
*Note:
Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.
Regional Analysis:
The Micronutrient Powders Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The Micronutrient Powders Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Silicone Pin Mat Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
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Compound Chocolate Market: https://www.datamintelligence.com/research-report/compound-chocolate-market
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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