Therapeutic Nutrients And Minerals Market Poised for 8 % Growth, Set to Hit $106.66 Billion by 2029

What industry-specific factors are fueling the growth of the therapeutic nutrients and minerals market?
The escalating popularity of functional foods is projected to fuel the expansion of the therapeutic nutrients and minerals market in the future. Functional foods, or food items providing health perks beyond mere nutritional value, have been designed to offer supplementary benefits to health by nourishing optimal bodily functions and minimizing the risk associated with chronic illnesses. Therapeutic nutrients and minerals-enriched functional foods serve specific health benefits, thus, enhancing their demand amongst health-oriented individuals. For instance, a survey executed on 3,192 US adults aged 18 and above by the Council for Responsible Nutrition, a US trade association for the functional food industry, in October 2023, revealed that 74% of American adults reported the intake of dietary supplemen*ts, with 55% identified as habitual users. Moreover, 92% of supplement consumers concurred that dietary supplemen*ts are indispensable for sustaining health. The perception of safety and quality for sports nutrition supplements recorded a 5% increase, peaking at 66%, while the perception of safety and quality for weight management products experienced a 4% surge, now standing at 56%. Thus, the burgeoning demand for functional foods is steering the growth of the therapeutic nutrients and minerals market.

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What Is the projected market size and growth rate for the therapeutic nutrients and minerals market?
In recent years, the market size of therapeutic nutrients and minerals has seen robust growth. It is projected to increase from $73.37 billion in 2024 to $79.36 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%. The growth experienced in the historical period can be linked to increased health consciousness and preventive healthcare, an aging population and wellness worries, a rising number of lifestyle-associated illnesses, the advice of healthcare professionals, and nutritional deficiencies and dietary voids.

The market size for therapeutic nutrients and minerals is projected to witness significant growth in the coming years, expanding to $106.66 billion by 2029, with a compound annual growth rate (CAGR) of 7.7%. The anticipated growth in this forecast period can be connected to factors such as the personalization of nutrition and bespoke supplements, support for wellness and the immune system, the rise of e-commerce and direct-to-consumer channels, preferences for plant-based and natural ingredients, as well as regulatory focus on health assertions and labeling. The forecast period will also see key trends like partnerships in the pharmaceutical sector, the heightened demand for trace minerals and micronutrients, attention to mental health and cognition, the implementation of sustainable and ethically sourced materials, and the integration of technology in the delivering of nutrients.

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What new trends are reshaping the therapeutic nutrients and minerals market and its opportunities?
The emergence of technological innovations is a dominant trend in the therapeutic nutrients and minerals industry. Leading corporations in this sector are adopting new technologies to create cutting-edge products and maintain their market standing. For example, Prodalim Resources Ltd., a food and beverage service firm based in the Netherlands, launched the Capsoil FoodTech platform in March 2022. This platform uses the latest generation of self-emulsified powder technology, turning bioactive oil compounds such as nutritional oils, fat-soluble vitamins, and lipid-based nutrients into easily soluble powders.

What major market segments define the scope and growth of the therapeutic nutrients and minerals market?
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, Super markets And Hyper markets, Online Channels
4) By End User: Adults, Geriatric, Pregnant Women, Children, Infants

Subsegments:
1) By Multivitamins: General Multivitamins, Specialized Multivitamins
2) By Calcium: Calcium Citrate, Calcium Carbonate, Calcium Gluconate
3) By Supplements: Omega-3 Fatty Acids, Probiotics, Antioxidants, Herbal Supplements
4) By Other Types: Magnesium, Iron, Zinc, Electrolytes

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Which region dominates the therapeutic nutrients and minerals market?
Asia-Pacific was the largest region in the therapeutic nutrients and minerals market in 2024. North America is expected to be the fastest-growing region in the therapeutic nutrients and minerals market report during the forecast period. The regions covered in the therapeutic nutrients and minerals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the therapeutic nutrients and minerals industry growth?
Major companies operating in the therapeutic nutrients and minerals market include 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.

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What Is Covered In The Therapeutic Nutrients And Minerals Global Market Report?

• Market Size Forecast: Examine the therapeutic nutrients and minerals market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the therapeutic nutrients and minerals market for a structured understanding.
• Key Players Overview: Analyze major players in the therapeutic nutrients and minerals market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the therapeutic nutrients and minerals market.
• Segment Contributions: Evaluate how different segments drive overall growth in the therapeutic nutrients and minerals market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the therapeutic nutrients and minerals market.
• Industry Challenges: Identify potential risks and obstacles affecting the therapeutic nutrients and minerals market.
• Competitive Landscape: Review strategic developments in the therapeutic nutrients and minerals market, including expansions, agreements, and new product launches.

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