Mineral Supplements Market - By Product Type (Calcium, Magnesium, Iron, Potassium, Zinc), Formulation (Capsule & Tablets, Liquid), Application (General Health, Bone & Joint Health), Consumer Group, Distribution Channel - Global Forecast (2024

Description

Mineral supplements market size is expected to witness 4.7% CAGR between 2024 and 2032. Consumer awareness of health importance is leading to the increased interest in dietary supplements. With risks of nutritional deficiencies due to modern diets and lifestyle factors, people are looking for supplements to fill the gaps in their diets. The aging population in developed countries is also driving the increased need for mineral supplements for bone health and immune system resistance. As per WHO, by 2030, every 6th person in the world will be over 60 years old.

Moreover, athletes and exercisers are adding mineral supplements to their routines to optimize performance, improve recovery and support muscle function. The demand for special formulations that target specific mineral deficiencies or performance goals has also increased due to the feedback from athletes, fitness influencers and health professionals. The rising shift towards functional beverages, protein bars, and other convenient delivery formats has also made it easier for users to incorporate mineral supplements into their daily routine.

The industry is classified into product type, formulation, application, consumer group, distribution channel and region.

Based on product type, the mineral supplements market from the iron supplements segment is slated to depict significant growth between 2024 to 2032. Of late, the demand for iron supplements to address deficiencies and support the overall health due to increased awareness of the consequences of iron deficiency is growing. The rapid improvements in formulation technology for better iron tablets will add to the segment growth.

Mineral supplements market value from the bone & joint health application segment will record significant growth rate through 2032. With the growing population, there is rising awareness regarding bone density and joint flexibility to support the overall mobility and standard of life. Mineral supplements like calcium, magnesium, and vitamin D are popular for promoting bone health and joint function. Rising prevalence of osteoporosis, arthritis, and other musculoskeletal conditions to address mineral deficiency is driving the segment growth.

Asia Pacific mineral supplements market size will exhibit decent growth through 2032. Rapid urbanization and changing eating habits have led to the increase in nutritional deficiencies, especially in developing economies. Consumers are recognizing the need for mineral supplements for health. Rising healthcare costs , retail expansion and government support for promoting public health and nutrition education as well as increasing mineral supplement adoption will stimulate the regional market growth.

Product Code: 9308

Chapter 1 Methodology & Scope

1.1 Market scope & definitions
1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
1.3 Base estimates & calculations
- 1.3.1 Base year calculation
- 1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.5.2 Data mining sources

Chapter 2 Executive Summary

2.1 Industry 360 degree synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Rising prevalence of nutritional deficiencies
  - 3.2.1.2 Increasing elderly population
  - 3.2.1.3 Growing awareness for health and wellness
  - 3.2.1.4 Expanded accessibility by online platform
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Stringent regulations and varying standards
  - 3.2.2.2 Lack of quality and misleading claims
3.3 Growth potential analysis
3.4 Regulatory landscape
3.5 Porter's analysis
3.6 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company matrix analysis
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategy outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2032 ($ Mn)

5.1 Key trends
5.2 Calcium supplements
5.3 Magnesium supplements
5.4 Iron supplements
5.5 Potassium supplements
5.6 Zinc supplements
5.7 Chromium supplements
5.8 Selenium supplements
5.9 Other supplements

Chapter 6 Market Estimates and Forecast, By Formulation, 2021 - 2032 ($ Mn)

6.1 Key trends
6.2 Capsules & tablets
6.3 Liquid
6.4 Powder
6.5 Gummies
6.6 Other formulations

Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2032 ($ Mn)

7.1 Key trends
7.2 General health
7.3 Bone & joint health
7.4 Gastrointestinal health
7.5 Immune support
7.6 Other applications

Chapter 8 Market Estimates and Forecast, By Consumer Group, 2021 - 2032 ($ Mn)

8.1 Key trends
8.2 Adults
8.3 Pregnant women
8.4 Children

Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2021 - 2032 ($ Mn)

9.1 Key trends
9.2 Pharmacies & retail stores
9.3 Supermarkets & hypermarkets
9.4 Online sales
9.5 Other distribution channels

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032 ($ Mn)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 France
- 10.3.4 Spain
- 10.3.5 Italy
- 10.3.6 Netherlands
- 10.3.7 Rest of Europe
10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 South Korea
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 Middle East and Africa
- 10.6.1 Saudi Arabia
- 10.6.2 South Africa
- 10.6.3 UAE
- 10.6.4 Rest of Middle East and Africa

Chapter 11 Company Profiles

11.1 Abbott Laboratories
11.2 Amway Corp.
11.3 Bayer AG
11.4 Bio Botanica, Inc.
11.5 BIOVEA
11.6 Catalent, Inc.
11.7 Dr. Paul Lohmann GmbH & Co. KGaA
11.8 Glanbia plc
11.9 Herbalife International of America, Inc.
11.10 Mineral Resources International, Inc.
11.11 Nestlé S.A.
11.12 NV Labs
11.13 Pfizer Inc.
11.14 Pharmavite
11.15 Sanofi

Mineral Supplements Market - By Product Type (Calcium, Magnesium, Iron, Potassium, Zinc), Formulation (Capsule & Tablets, Liquid), Application (General Health, Bone & Joint Health), Consumer Group, Distribution Channel - Global Forecast (2024 - 2032)