Press release
Forecasting the Future of the Vitamins and Minerals Market in the Health Sector Is Expected To Reach US$ 34.59Bn By 2032 | Most Leading Companies - AMWAY, Lonza Group, BASF SE, Koninklijke DSM N.V., Du Pont, Pfizer Inc., Nutrilo GmbH
Global Vitamins and Minerals Market reached US$ 22.68 billion in 2024 and is expected to reach US$ 34.59 billion by 2032, growing with a CAGR of 5.42% during the forecast period 2025-2032.Vitamins and Minerals Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Vitamins and Minerals Definition: Vitamins and minerals are essential nutrients that the body requires to function optimally. While vitamins are organic compounds needed in small amounts to sustain life, minerals are inorganic elements that are crucial for a range of bodily functions such as bone health, immune system function, and energy production.
List of the Key Players in the Vitamins and Minerals Market:
AMWAY, Lonza Group, BASF SE, Koninklijke DSM N.V., Du Pont, Pfizer Inc., Nutrilo GmbH, AIE Pharmaceuticals, ParkAcre Enterprises and Aland (Jiangsu) Nutraceutical.
Industry Development:
In 2024, multivitamin capsules held the largest share of the global vitamins and minerals market. Multivitamins are the most widely consumed supplements, particularly by the working population, as they help meet daily nutritional needs. These capsules play a significant role in alleviating stress and depression symptoms, with certain vitamins like Vitamin B supporting the production of stress-relieving chemicals in the neurological system. Adequate intake of vitamins and minerals can enhance brain function and positively influence mood. A report from the National Institute of Mental Health reveals that nearly 40% of Americans aged 50 and above regularly take multivitamins.
A study published in June 2023 by Brigham and Women's Hospital and Harvard Medical School revealed significant effects of multivitamins on memory as we age. The COSMOS-Web Study, which involved 3,500 participants aged 60 and older, found that taking a daily multivitamin reduced cognitive aging by 3.1 years compared to those who took placebos. The second phase of the COSMOS study also indicated that multivitamins may help reduce memory loss.
Research Process:
Both primary and secondary data sources have been used in the global Vitamins and Minerals Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Vitamins and Minerals Market:
By Product: Vitamins, Vitamin A, Vitamin B, Vitamin C, Multivitamin, Minerals, Zinc, Calcium, Others, Multivitamin/mineral (MVM) supplements
By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Sales, Others
By Form: Capsules, Tablets, Powder, Chewable, Others
Regional Analysis for Vitamins and Minerals Market:
The regional analysis of the Vitamins and Minerals Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Vitamins and Minerals market?
➠ Who are the leading manufacturers in the global Vitamins and Minerals industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Vitamins and Minerals industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Vitamins and Minerals market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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