Mineral Ingredients Market Revenue was valued at USD 5.2 Billion in 2024 and is estimated to reach USD 9.4 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
The global mineral ingredients market has experienced notable growth, with its valuation reaching approximately USD 12.4 billion in 2022. This expansion is driven by increasing consumer awareness of health and wellness, leading to a heightened demand for fortified foods and dietary supplements. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.0% from 2023 to 2030, aiming for a valuation of USD 23.4 billion by 2030. This growth is fueled by the rising prevalence of mineral deficiencies and the expanding aging population seeking nutritional supplementation.
Regionally, North America and Europe have established themselves as leading markets, attributed to their well developed health industries and high consumer awareness regarding nutritional benefits. In 2023, the Asia Pacific region emerged as a significant player, holding a 35% market share. This prominence is due to rapid industrialization and a growing consumer base increasingly conscious of health and nutrition. The food and beverage sector remains a primary application area, accounting for 40% of the market revenue in 2023, as consumers increasingly prefer health enhancing ingredients in their diets.
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Corbion
DuPont
DSM
Akzo Nobel
Seppic
Arla Foods amba
Gadot Biochemical Industries
Jungbunzlauer Suisse
Balchem
Hexagon Nutrition
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Mineral Ingredients Market
Organic Minerals
Inorganic Minerals
Food and Beverage
Pharmaceuticals
Cosmetics and Personal Care
Animal Feed
Construction Materials
Natural Mineral Sources
Synthetic Mineral Sources
Texturizing Agents
Nutritional Supplements
Coloring Agents
Preservatives
Flavoring Agents
Food Processing Industry
Healthcare Industry
Cosmetic and Personal Care Industry
Agriculture and Animal Husbandry
Construction and Infrastructure
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Mineral Ingredients Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Mineral Ingredients Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Mineral Ingredients Market, By Type
6. Global Mineral Ingredients Market, By Application
7. Global Mineral Ingredients Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Mineral Ingredients Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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