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Revolutionizing Healthcare: Therapeutic Nutrients and Minerals Market Earmarked for Stupendous Growth - A Comprehensive Study Projecting CAGR of 7.7% and Emerging Market Size by 2029
Therapeutic Nutrients And Minerals Market Size
What Is The Projected Market Size Of The Global Therapeutic Nutrients And Minerals Market And Its Growth Rate?
• The Therapeutic Nutrients and Minerals Market has been exhibiting strong growth, scaling up from $73.37 billion in 2024 to $79.36 billion in 2025, growing at a compound annual growth rate (CAGR) of 8.2%.
• The market is set to achieve another growth milestone, by approximating to a whopping $106.66 billion by 2029, at a CAGR of 7.7%.
• Major contributors to this robust growth include increasing health awareness, growing inclination towards preventive healthcare, rise of lifestyle-related diseases, and healthcare professionals endorsing dietary supplements.
What Is Driving The Growth In The Therapeutic Nutrients And Minerals Market?
The surge in demand for functional foods is the primary driver pushing the growth of the Therapeutic Nutrients and Minerals Market. Functional foods are gaining traction owing to their health benefits that transcend basic nutrition, promoting optimal physiological functions and reducing the risk of chronic diseases. For instance, according to the Council for Responsible Nutrition, out of 3,192 surveyed U.S. adults, 74% reported taking dietary supplements with 55% identifying as regular supplement users. Furthermore, 92% agreed that dietary supplements are essential for maintaining health with quality and safety perception rose to 66% for sports nutrition supplements and 56% for weight management products. This increasing reliance on functional foods is propelling the growth of the Therapeutic Nutrients and Minerals Market.
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Who Are the Key Players Driving Therapeutic Nutrients And Minerals Market Growth?
• 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.
What Are The Key Trends In The Therapeutic Nutrients And Minerals Market?
• Personalized nutrition and customized supplements
• Wellness and immune system support
• E-commerce and direct-to-consumer channels
• Preference for plant-based and natural ingredients
• Regulatory emphasis on health claims and labelling
• Collaborations in the pharmaceutical industry
• Demand for trace minerals and micronutrients
• Focus on mental health and cognitive function
• Adoption of sustainable and ethical sourcing
• Integration of technology in nutrient delivery
What Are The Segments Of The Global Therapeutic Nutrients And Minerals Market?
• By Type: Multivitamins, Calcium, Supplements, Other Types
• By Formulation: Capsule, Tablet, Powder, Liquid Or Gel, Other Formulations
• By Sales Channel: Pharmacies And Drug Stores, Supermarkets And Hypermarkets, Online Channels
• By End User: Adults, Geriatric, Pregnant Women, Children, Infants
Which Region Leads The Therapeutic Nutrients And Minerals Market?
Asia-Pacific led the Therapeutic Nutrients and Minerals Market in 2024, contributing significantly to the market size. However, North America is identified as the fastest-growing region during the forecast period. The report covers an extensive regional analysis including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Therapeutic Nutrients And Minerals Market Global Market Report?
- Market Size Analysis: Analyze the Therapeutic Nutrients And Minerals Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Therapeutic Nutrients And Minerals Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Therapeutic Nutrients And Minerals Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Therapeutic Nutrients And Minerals Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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