Mineral Supplements Market

1. Mineral Supplements Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global mineral supplements market size was valued at USD 11.75 billion in 2020 and is anticipated to expand at a CAGR of 5% during the forecast period, 2021-2028. The growth of the market is attributed to the increasing prevalence of chronic and lethal diseases such as anemia, diabetes, cancer, and osteoporosis. Mineral supplements are regularly used for the diagnosis of these conditions. A mineral and vitamin supplement delivers a large variety of nutrients which can be found in food generally. They are also called multivitamins. Supplements come in different forms according to the preference of the consumer, be it chewable tablets, powders, liquids, or pills. A standardized multivitamin tablet normally consists of water-soluble vitamins, fat-soluble vitamins, and minerals. Water-soluble vitamins can pass through the consumer body with ease and mostly consists of Vitamin B, Vitamin C, thiamine, riboflavin, pantothenic acid, B6, biotin acid, niacin, folic acid & B12. Fat-soluble vitamins include vitamin A, D, E & K which do not pass through the body like the water-soluble vitamins and are stored in the cells of the consumer body. There are also multivitamin pills that do not contain minerals or vitamins, but include other substances including the antioxidants such as lutein and lycopene. Request Sample link :-https://growthmarketreports.com/request-sample/777 Market Trends, Drivers, Restraints, and Opportunities  Increasing the consumption of multiple mineral supplements due to the increasing vitamin & mineral deficiencies across the populations, especially in calcium and iron are projected to boost the global mineral supplement tablets market growth during the forecast period, 2021-2028.

2. The increase in disposable income along with the growing concern on the maintenance of a healthy lifestyle also contribute to this market growth. Rapid growth in the research and development activities regarding the potential of mineral supplements, measuring their benefits and the amount of funding and investments from both the Government administrative bodies and private investors are major factors driving the market expansion in the coming years. The administration of multivitamins needs to be strict, especially regarding age, underaged children consuming multivitamins can cause dire consequences. This can act as a hamper to the global mineral supplement tablets market growth.   Market Segment Insights: share Calcium segment Based on products, the global mineral supplements market is segmented into calcium, magnesium, iron, potassium, zinc, chromium, selenium, and others. The calcium segment is expected to constitute the major share of 32% the market in 2019 due to the increasing incidences of osteoporosis. There is also an increase in the cases of lethal diseases such as breast cancer for which calcium mineral supplements are doctor’s prescription for consumption of these patients. is estimated to signify the largest market Enquiry Link :- Competitive Landscape Major players competing in the global mineral supplements market are Unilever; Abbott; Nestle SA; Amway; Herbalife International of America Inc; and Glanbia plc. These market players are involved in several business strategies such as mergers, acquisitions partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. Unilever announced the deal on the acquisition of a provider of mineral, supplements and multivitamins category called OLLY Nutrition in October 2019. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter