Mineral Supplements Market Revenue was valued at USD 12.5 Billion in 2024 and is estimated to reach USD 20.3 Billion by 2033, growing at a CAGR of 6% from 2026 to 2033.
In 2022, the global mineral supplements market was valued at approximately USD 13.9 billion and is projected to reach around USD 17.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 2.9% during the forecast period. The Asia Pacific region dominated the market, accounting for over 50% of the global revenue share. This dominance is attributed to factors such as a high prevalence of chronic diseases, a growing geriatric population, and increasing disposable incomes. Within this region, China held a significant market share in 2023, driven by its large population and rising health awareness. India is expected to register the highest CAGR from 2024 to 2030, indicating substantial growth potential in the coming years.
In North America, the mineral supplements market accounted for 27% of the global revenue in 2023, with the United States projected to lead the market by 2030. Latin America is anticipated to experience the fastest growth during the forecast period, with Brazil holding a major share in 2023. This growth is supported by Brazils rich natural resources and investments in research and development within the agricultural and pharmaceutical sectors. The Middle East and Africa region is also expected to register significant growth, driven by an increasing number of manufacturers and initiatives aimed at raising awareness about the benefits of mineral supplements.
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Glanbia
DowDuPont
NBTY
Koninklijke DSM
BASF
Bayer
Atrium Innovations
Amway
Herbalife
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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 Supplements Market
Calcium Supplements
Magnesium Supplements
Zinc Supplements
Iron Supplements
Potassium Supplements
Multi-Mineral Supplements
Tablets
Capsules
Powders
Liquids
Softgels
Gummies
Adults
Children
Pregnant Women
Elderly Population
Athletes and Bodybuilders
Vegetarians and Vegans
Online Retail
Pharmacies & Drug Stores
Supermarkets & Hypermarkets
Health Food Stores
Specialty Nutrition Stores
Direct Selling
Health-Conscious Consumers
Individuals with Nutritional Deficiencies
Fitness Enthusiasts
Consumers Seeking Preventative Health
Readers of Health & Wellness Publications
Influencer-Focused Shoppers
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 Supplements 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 Supplements Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Mineral Supplements Market, By Type
6. Global Mineral Supplements Market, By Application
7. Global Mineral Supplements Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Mineral Supplements Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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