Mineral Supplements Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for mineral supplements. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Mineral Supplements Market Size (2024E): USD 1851.1 Million
Projected Market Value (2033F): USD 3849.8 Million
Global Market Growth Rate (CAGR 2024 to 2033): 8.5%

Mineral Supplements Market - Report Scope:

Mineral supplements play a crucial role in maintaining health and addressing deficiencies in essential nutrients like calcium, iron, magnesium, zinc, and others. These supplements are widely consumed across demographics and are available in various forms such as tablets, capsules, powders, and liquids.

The mineral supplements market caters to a diverse range of consumers including individuals, healthcare providers, and athletes, with products tailored for specific health needs and age groups. Market growth is driven by increasing consumer awareness of preventive healthcare, rising disposable incomes, and expanding geriatric populations globally.

Market Growth Drivers:

The global mineral supplements market is propelled by several key factors, including growing consumer inclination towards proactive healthcare management and preventive nutrition. Rising incidences of mineral deficiencies due to dietary imbalances and lifestyle changes also contribute significantly to market expansion. Technological advancements in supplement formulations and manufacturing processes enhance product efficacy and bioavailability, driving consumer confidence and market growth. Moreover, strategic marketing initiatives emphasizing the health benefits of minerals and their role in disease prevention further stimulate market demand.

Market Restraints:

Despite promising growth prospects, the mineral supplements market faces challenges related to regulatory scrutiny, quality control, and safety concerns associated with product formulations. Stringent regulations governing the manufacturing, labeling, and marketing of mineral supplements impose compliance burdens on manufacturers and distributors, impacting market entry barriers and operational costs. Additionally, fluctuating raw material prices and supply chain disruptions pose challenges for market players, influencing product pricing and availability.

Market Opportunities:

The mineral supplements market presents significant growth opportunities driven by demographic trends, increasing adoption of personalized nutrition solutions, and advancements in nutraceutical research. Innovations in product delivery systems, such as nano-encapsulation and controlled-release technologies, enhance nutrient absorption and consumer convenience, fostering market expansion. Furthermore, the integration of e-commerce platforms and digital health technologies facilitates direct-to-consumer sales channels, expanding market reach and enhancing customer engagement.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the mineral supplements market globally?
Which mineral types and formulations are driving supplement adoption across different consumer demographics?
How are technological advancements reshaping the competitive landscape of the mineral supplements market?
Who are the key players contributing to the mineral supplements market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global mineral supplements market?

Competitive Intelligence and Business Strategy:

Leading players in the global mineral supplements market, including company names, focus on innovation, quality assurance, and strategic partnerships to gain a competitive edge. These companies invest in research and development to develop advanced formulations, including bioavailable minerals, fortified supplements, and personalized nutrition solutions, catering to diverse consumer needs and health trends. Collaborations with healthcare providers, retail partners, and regulatory agencies facilitate market access and promote product safety and efficacy. Moreover, emphasis on consumer education, scientific validation, and transparent labeling practices fosters market growth and enhances consumer trust in mineral supplements.

Key Companies Profiled:

Glanbia Plc
Nu Skin Enterprises, Inc.
E. I. du Pont de Nemours and Company
NBTY, Inc.
Koninklijke DSM N.V.
BASF SE (Badische Anilin- und Soda-Fabrik)
Bayer AG
Atrium Innovations, Inc.
Amway
Herbalife, Ltd.

Mineral Supplements Industry Research by Category

By Application:

Food and beverages
Pharmaceutical
Others

By End User:

Adult Women
Adult Men
Senior Citizens
Others

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

Product Code: PMRREP2808

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features

5. Global Mineral Supplements Market - Pricing Analysis

5.1. Regional Pricing Analysis
5.2. Global Average Pricing Analysis Benchmark

6. Global Mineral Supplements Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2033

6.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
6.2. Current and Future Market Value (US$ Mn) Projections, 2024-2033
- 6.2.1. Y-o-Y Growth Trend Analysis
- 6.2.2. Absolute $ Opportunity Analysis

7. Market Background

7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Global Industry Value Added
- 7.1.3. Global Urbanization Growth Outlook
- 7.1.4. Global Food Security Index Outlook
- 7.1.5. Global Rank - Ease of Doing Business
- 7.1.6. Global Rank - Trading Across Borders
7.2. Global Food and Beverage Industry Outlook
7.3. End User Industry Demand Analysis
7.4. Industry Value and Supply Chain Analysis
7.5. Key Certifications/Claims
7.6. Key Regulations
7.7. Market Dynamics
- 7.7.1. Drivers
- 7.7.2. Restraints
- 7.7.3. Opportunity Analysis

8. Global Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033, By Application

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) Analysis Application, 2019-2023
8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast Application, 2024-2033
- 8.3.1. Food and Beverages
- 8.3.2. Pharmaceutical
- 8.3.3. Others
8.4. Market Attractiveness Analysis Application

9. Global Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033, By End Users

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) Analysis By End Users, 2019-2023
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End Users, 2024-2033
- 9.3.1. Adult Women
- 9.3.2. Adult Men
- 9.3.3. Senior Citizens
- 9.3.4. Others
9.4. Market Attractiveness Analysis By End Users

10. Global Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033, By Region

10.1. Introduction
10.2. Historical Market Size (US$ Mn) Analysis By Region, 2019-2023
10.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2024-2033
- 10.3.1. North America
- 10.3.2. Latin America
- 10.3.3. Europe
- 10.3.4. South Asia and Pacific
- 10.3.5. East Asia
- 10.3.6. Middle East and Africa (MEA)
10.4. Market Attractiveness Analysis By Region

11. North America Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033

11.1. Introduction
11.2. Pricing Analysis
11.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
11.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 11.4.1. By Country
  - 11.4.1.1. U.S.
  - 11.4.1.2. Canada
- 11.4.2. Application
- 11.4.3. By End Users
11.5. Market Attractiveness Analysis
- 11.5.1. By Country
- 11.5.2. Application
- 11.5.3. By End Users
11.6. Drivers and Restraints - Impact Analysis

12. Latin America Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033

12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
12.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 12.4.1. By Country
  - 12.4.1.1. Brazil
  - 12.4.1.2. Mexico
  - 12.4.1.3. Rest of Latin America
- 12.4.2. Application
- 12.4.3. By End Users
12.5. Market Attractiveness Analysis
- 12.5.1. By Country
- 12.5.2. Application
- 12.5.3. By End Users
12.6. Drivers and Restraints - Impact Analysis

13. Europe Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
13.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 13.4.1. By Country
  - 13.4.1.1. Germany
  - 13.4.1.2. Italy
  - 13.4.1.3. France
  - 13.4.1.4. U.K.
  - 13.4.1.5. Spain
  - 13.4.1.6. BENELUX
  - 13.4.1.7. Russia
  - 13.4.1.8. Rest of Europe
- 13.4.2. Application
- 13.4.3. By End Users
13.5. Market Attractiveness Analysis
- 13.5.1. By Country
- 13.5.2. Application
- 13.5.3. By End Users
13.6. Drivers and Restraints - Impact Analysis

14. South Asia and Pacific Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
14.4. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 14.4.1. By Country
  - 14.4.1.1. India
  - 14.4.1.2. ASEAN
  - 14.4.1.3. Oceania (Australia & New Zealand)
- 14.4.2. Application
- 14.4.3. By End Users
14.5. Market Attractiveness Analysis
- 14.5.1. By Country
- 14.5.2. Application
- 14.5.3. By End Users
14.6. Drivers and Restraints - Impact Analysis

15. East Asia Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 15.3.1. By Country
  - 15.3.1.1. Japan
  - 15.3.1.2. South Korea
  - 15.3.1.3. China
- 15.3.2. Application
- 15.3.3. By End Users
15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. Application
- 15.4.3. By End Users
15.5. Drivers and Restraints - Impact Analysis

16. Middle East and Africa Mineral Supplements Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2019-2023
16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024-2033
- 16.3.1. By Country
  - 16.3.1.1. GCC Countries
  - 16.3.1.2. Turkey
  - 16.3.1.3. South Africa
  - 16.3.1.4. Rest of Middle East and Africa
- 16.3.2. Application
- 16.3.3. By End Users
16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. Application
- 16.4.3. By End Users
16.5. Drivers and Restraints - Impact Analysis

17. Country Wise Mineral Supplements Market Analysis, 2024

17.1. Introduction
- 17.1.1. Market Value Proportion Analysis, By Key Countries
- 17.1.2. Global Vs. Country Growth Comparison
17.2. U.S. Mineral Supplements Market Analysis
- 17.2.1. By Application
- 17.2.2. By End Users
17.3. Canada Mineral Supplements Market Analysis
- 17.3.1. By Application
- 17.3.2. By End Users
17.4. Mexico Mineral Supplements Market Analysis
- 17.4.1. By Application
- 17.4.2. By End Users
17.5. Brazil Mineral Supplements Market Analysis
- 17.5.1. By Application
- 17.5.2. By End Users
17.6. Germany Mineral Supplements Market Analysis
- 17.6.1. By Application
- 17.6.2. By End Users
17.7. Italy Mineral Supplements Market Analysis
- 17.7.1. By Application
- 17.7.2. By End Users
17.8. France Mineral Supplements Market Analysis
- 17.8.1. By Application
- 17.8.2. By End Users
17.9. U.K. Mineral Supplements Market Analysis
- 17.9.1. By Application
- 17.9.2. By End Users
17.10. Spain Mineral Supplements Market Analysis
- 17.10.1. By Application
- 17.10.2. By End Users
17.11. Russia Mineral Supplements Market Analysis
- 17.11.1. By Application
- 17.11.2. By End Users
17.12. Poland Mineral Supplements Market Analysis
- 17.12.1. By Application
- 17.12.2. By End Users
17.13. China Mineral Supplements Market Analysis
- 17.13.1. By Application
- 17.13.2. By End Users
17.14. Japan Mineral Supplements Market Analysis
- 17.14.1. By Application
- 17.14.2. By End Users
17.15. S. Korea Mineral Supplements Market Analysis
- 17.15.1. By Application
- 17.15.2. By End Users
17.16. India Mineral Supplements Market Analysis
- 17.16.1. By Application
- 17.16.2. By End Users
17.17. ASEAN Mineral Supplements Market Analysis
- 17.17.1. By Application
- 17.17.2. By End Users
17.18. Australia Mineral Supplements Market Analysis
- 17.18.1. By Application
- 17.18.2. By End Users
17.19. New Zealand Mineral Supplements Market Analysis
- 17.19.1. By Application
- 17.19.2. By End Users
17.20. South Africa Mineral Supplements Market Analysis
- 17.20.1. By Application
- 17.20.2. By End Users

18. Market Structure Analysis

18.1. Market Analysis By Tier of Companies
18.2. Market Concentration
18.3. Market Presence Analysis

19. Competition Analysis

19.1. Competition Dashboard
19.2. Competition Deep Dive
- 19.2.1. Herbalife, Ltd.
  - 19.2.1.1. Overview
  - 19.2.1.2. Product Portfolio
  - 19.2.1.3. Production Footprint
  - 19.2.1.4. Sales Footprint
  - 19.2.1.5. Channel Footprint
  - 19.2.1.6. Strategy Overview
- 19.2.2. Glanbia Plc
  - 19.2.2.1. Overview
  - 19.2.2.2. Product Portfolio
  - 19.2.2.3. Production Footprint
  - 19.2.2.4. Sales Footprint
  - 19.2.2.5. Channel Footprint
  - 19.2.2.6. Strategy Overview
- 19.2.3. Nu Skin Enterprises, Inc.
  - 19.2.3.1. Overview
  - 19.2.3.2. Product Portfolio
  - 19.2.3.3. Production Footprint
  - 19.2.3.4. Sales Footprint
  - 19.2.3.5. Channel Footprint
  - 19.2.3.6. Strategy Overview
- 19.2.4. E. I. du Pont de Nemours and Company
  - 19.2.4.1. Overview
  - 19.2.4.2. Product Portfolio
  - 19.2.4.3. Production Footprint
  - 19.2.4.4. Sales Footprint
  - 19.2.4.5. Channel Footprint
  - 19.2.4.6. Strategy Overview
- 19.2.5. NBTY, Inc.
  - 19.2.5.1. Overview
  - 19.2.5.2. Product Portfolio
  - 19.2.5.3. Production Footprint
  - 19.2.5.4. Sales Footprint
  - 19.2.5.5. Channel Footprint
  - 19.2.5.6. Strategy Overview
- 19.2.6. Koninklijke DSM N.V.
  - 19.2.6.1. Overview
  - 19.2.6.2. Product Portfolio
  - 19.2.6.3. Production Footprint
  - 19.2.6.4. Sales Footprint
  - 19.2.6.5. Channel Footprint
  - 19.2.6.6. Strategy Overview
- 19.2.7. BASF SE (Badische Anilin- und Soda-Fabrik)
  - 19.2.7.1. Overview
  - 19.2.7.2. Product Portfolio
  - 19.2.7.3. Production Footprint
  - 19.2.7.4. Sales Footprint
  - 19.2.7.5. Channel Footprint
  - 19.2.7.6. Strategy Overview
- 19.2.8. Bayer AG
  - 19.2.8.1. Overview
  - 19.2.8.2. Product Portfolio
  - 19.2.8.3. Production Footprint
  - 19.2.8.4. Sales Footprint
  - 19.2.8.5. Channel Footprint
  - 19.2.8.6. Strategy Overview
- 19.2.9. Atrium Innovations, Inc.
  - 19.2.9.1. Overview
  - 19.2.9.2. Product Portfolio
  - 19.2.9.3. Production Footprint
  - 19.2.9.4. Sales Footprint
  - 19.2.9.5. Channel Footprint
  - 19.2.9.6. Strategy Overview
- 19.2.10. Amway
  - 19.2.10.1. Overview
  - 19.2.10.2. Product Portfolio
  - 19.2.10.3. Production Footprint
  - 19.2.10.4. Sales Footprint
  - 19.2.10.5. Channel Footprint
  - 19.2.10.6. Strategy Overview
- 19.2.11. Others
  - 19.2.11.1. Overview
  - 19.2.11.2. Product Portfolio
  - 19.2.11.3. Production Footprint
  - 19.2.11.4. Sales Footprint
  - 19.2.11.5. Channel Footprint
  - 19.2.11.6. Strategy Overview