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Mineral Supplements Market Size, Share & Trends Analysis Report By Supplement (Calcium, Magnesium, Iron, Chromium, Potassium, Zinc, Selenium), By Region, And Segment Forecasts, 2022 - 2030

June 2022 | 130 pages | ID: MB5CAE1E17F7EN
Grand View Research, Inc.

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Mineral Supplements Market Growth & Trends

The global mineral supplements market size is expected to reach USD 17.0 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 2.4% from 2022 to 2030. The major factor influencing the industry growth is the growing worldwide incidences of chronic diseases such as anemia, osteoporosis, cancer, and diabetes is boosting the growth as these supplements are useful for managing such conditions. The rising adoption of a sedentary lifestyle has led to the rising cases of lifestyle disorders

For instance, as per the report of the National Diabetes Statistics report released in 2022, 11.3% of the overall U.S. population were diagnosed with diabetes. Due to unhealthy dietary habits, the majority of the population is expected to deal withvital nutrient deficiencies, particularly iron and calcium, therefore driving the consumption and demand for nutritional supplementation. Furthermore, an increasing percentage of working- and middle-class people, along with growing disposable income, is projected to boost demand in the coming years. A large percentage of the population is willing to pay more for functional food, which includes nutrient supplementation.

Many key participants are focusing on introducing novel products consisting of new exotic ingredients. Moreover, the growing trend of vegan products is expected to produce new opportunities for the industry. Growing consumer preference for preventive healthcare is also one of the key factors augmenting the product demand. Increasing awareness about the benefits of nutrient supplementation among consumers is further expected to fuel the demand for mineral supplements.

COVID-19 had a favorable impact on market growth since some studies suggested that taking higher dosages of mineral supplements could assist COVID-19 patients lower viral load and reducing hospitalizations. As a result, the population's demand for nutritional supplementation is growing. However, the presence of counterfeit products in the market is expected to hamper the growth.

Mineral Supplements Market Report Highlights
  • The market growth can be attributed to the increasing prevalence of diseases such as osteoporosis, anemia, cancer, and diabetes
  • The calcium supplement segment accounted for the largest revenue share of over 25.0% in 2021 as a large percentage of women and the elderly population are suffering from osteoporosis due to calcium deficiency in the body
  • Asia Pacific dominated the market with a revenue share of over 50.0% in 2021 owing to the increasing disposable income, increasing prevalence of lifestyle disorders, growing elderly population, and growing adoption of a healthy lifestyle
CHAPTER 1. METHODOLOGY AND SCOPE

1.1 Market Segmentation and Scope
1.2 Market Definition
1.3 Research Methodology
  1.3.1 Information Procurement
    1.3.1.1 Purchased Database:
    1.3.1.2 GVR’s Internal Database
  1.3.2 Primary Research:
1.4 Research Scope and Assumptions
1.5 List to Data Sources

CHAPTER 2. EXECUTIVE SUMMARY

2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
2.4 Mineral Supplements Market Snapshot

CHAPTER 3. MINERAL SUPPLEMENTS MARKET VARIABLES, TRENDS, & SCOPE

3.1 Market Lineage Outlook
  3.1.1 Parent Market Outlook
  3.1.2 Related/ancillary Market Outlook
3.2 Penetration and Growth Prospect Mapping
3.3 User Perspective Analysis
  3.3.1 Consumer Behavior Analysis
  3.3.2 Market Influencer Analysis
3.4 Reimbursement Framework
3.5 Regulatory Framework
3.6 Market Driver Analysis
3.7. Market Restraint Analysis
3.8 Industry Challenges
3.9 Mineral Supplements Market Analysis Tools
  3.9.1 Industry Analysis - Porter’s
    3.9.1.1 Bargaining Power of Suppliers - Low
    3.9.1.2 Bargaining Power of The Buyers - High
    3.9.1.3 Threat of Substitution - Low
    3.9.1.4 Threats of New Entrants - moderately Low
    3.9.1.5 Competitive Rivalry - High
  3.9.2 PESTEL Analysis
    3.9.2.1 Political and Legal Landscape
    3.9.2.2 Economic and Social Landscape
    3.9.2.3 Environment and Technology Landscape
3.10 Major Deals & Strategic Alliances Analysis

CHAPTER 4. MINERAL SUPPLEMENTS MARKET: COMPETITIVE ANALYSIS

4.1 Recent Developments & Impact Analysis, By Key Market Participants
4.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
4.3 Vendor Landscape
  4.3.1 A partial list of Key Distributors and Channel Partners
  4.3.2 List of Key end-users
  4.3.3 Public Companies
    4.3.3.1 Company Market Position Analysis (Geographic Presence, Product Portfolio, Key Alliance, Industry Experience)
    4.3.3.2 Company Market Ranking, By region
    4.3.3.3 Market Differentiators
  4.3.4 Private Companies
    4.3.4.1 List of Key Emerging Companies
    4.3.4.2 Regional Network Map

CHAPTER 5. MINERAL SUPPLEMENTS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1 Definitions & Scope
5.2 Mineral Supplements Market: Product Movement Analysis, USD Million, 2018 & 2025
5.3 Calcium
  5.3.1 Calcium Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.4 Magnesium
  5.4.1 Magnesium Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.5 Iron
  5.5.1 Iron Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.6 Potassium
  5.6.1 Potassium Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.7 Zinc
  5.7.1 Zinc Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.8 Chromium
  5.8.1 Chromium Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.9 Selenium
  5.9.1 Selenium Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
5.10 OThers
  5.10.1 OThers Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)

CHAPTER 6. MINERAL SUPPLEMENTS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS, BY SUPPLEMENT,

6.1 Mineral Supplements Market: Regional Movement Analysis
6.2 Leading Players By Region
6.3 SWOT Analysis, By Factor (Political, Legal, Economic and Technological)
  6.3.1 North America
  6.3.2 Europe
  6.3.3 Asia Pacific
  6.3.4 Latin America
  6.3.5 MEA
6.4 North America
  6.4.1 North America Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.4.2 U.S.
    6.4.2.1 U.S. Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.4.3 Canada
    6.4.3.1 Canada Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.5 Europe
  6.5.1 Europe Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.5.2 U.K.
    6.5.2.1 U.K. Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.5.3 Germany
    6.5.3.1 Germany Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.5.4 Italy
    6.5.4.1 Italy Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.5.5 France
    6.5.5.1 France Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.5.6 Spain
    6.5.6.1 Spain Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.5.7 Russia
    6.5.7.1 Russia Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.6 Asia Pacific
  6.6.1 Asia Pacific Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.6.2 Japan
    6.6.2.1 Japan Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.6.3 China
    6.6.3.1 China Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.6.4 India
    6.6.4.1 India Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.6.5 Australia
    6.6.5.1 Australia Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.6.6 Singapore
    6.6.6.1 Singapore Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.6.7 South Korea
    6.6.7.1 South Korea Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.7 Latin America
  6.7.1 Latin America Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.7.2 Brazil
    6.7.2.1 Brazil Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.7.3 Mexico
    6.7.3.1 Mexico Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.7.4 Argentina
    6.7.4.1 Argentina Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.8 MEA
  6.8.1 MEA Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.8.2 Saudi Arabia
    6.8.2.1 Saudi Arabia Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.8.3 South Africa
    6.8.3.1 South Africa Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)
  6.8.4 UAE
    6.8.4.1 UAE Mineral Supplements Market Estimates And Forecasts, 2017 - 2030 (USD Million)

CHAPTER 7. COMPETITIVE LANDSCAPE

7.1 Glanbia, plc.
  7.1.1 Company overview
  7.1.2 Financial performance
  7.1.3 Product benchmarking
  7.1.4 Strategic initiatives
7.2 Abbott
  7.2.1 Company overview
  7.2.2 Financial performance
  7.2.3 Product benchmarking
  7.2.4 Strategic initiatives
7.3 Nestle
  7.3.1 Company overview
  7.3.2 Financial performance
  7.3.3 Product benchmarking
  7.3.4 Strategic initiatives
7.4 Biovea
  7.4.1 Company overview
  7.4.2 Financial performance
  7.4.3 Product benchmarking
  7.4.4 Strategic initiatives
7.5 Herbalife International of America, Inc.
  7.5.1 Company overview
  7.5.2 Financial performance
  7.5.3 Product benchmarking
  7.5.4 Strategic initiatives
7.6 Sanofi
  7.6.1 Company overview
  7.6.2 Financial performance
  7.6.3 Product benchmarking
  7.6.4 Strategic initiatives
7.7 Amway
  7.7.1 Company overview
  7.7.2 Financial performance
  7.7.3 Product benchmarking
  7.7.4 Strategic initiatives
7.8 Bayer AG
  7.8.1 Company overview
  7.8.2 Financial performance
  7.8.3 Product benchmarking
  7.8.4 Strategic initiatives

LIST OF TABLES

Table 1 North America mineral Supplement, by Supplement, 2017 - 2030 (USD Million)
Table 2 U.S. mineral Supplement, by Supplement, 2017 - 2030 (USD Million)
Table 3 Canada mineral Supplement, by Supplement, 2017 - 2030 (USD Million)
Table 4 Europe mineral Supplement, by Supplement 2017 - 2030 (USD Million)
Table 5 U.K. mineral Supplement, by Supplement, 2017 - 2030 (USD Million)
Table 6 Germany mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 7 France mineral Supplement, by Supplement, 2017 - 2030 (USD Million)
Table 8 Spain mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 9 Italy mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 10 Russia mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 11 Asia Pacific mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 12 China mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 13 Japan mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 14 India mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 15 Australia mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 16 Singapore mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 17 South Korea mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 18 Latin America mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 19 Brazil mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 20 Mexico mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 21 Argentina mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 22 MEA mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 23 South Africa mineral Supplement market, by Supplement, 2017 - 2030 (USD Million
Table 24 Saudi Arabia mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)
Table 25 UAE mineral Supplement market, by Supplement, 2017 - 2030 (USD Million)

LIST OF FIGURES

Fig. 1 Mineral supplements market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Mineral supplements market summary, 2021, (USD Million)
Fig. 6 Mineral supplements market trends & outlook
Fig. 7 Penetration & growth prospect mapping
Fig. 8 Market driver analysis (Current & future impact)
Fig. 9 Market restraint analysis (Current & future impact)
Fig. 10 Mineral supplements market, supplement outlook key takeaways (USD Million)
Fig. 11 Mineral supplements market: Supplement movement analysis (USD Million), 2021 & 2030
Fig. 12 Calcium supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 13 Magnesium supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 14 Iron supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 15 Potassium supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 16 Zinc supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 17 Chromium supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 18 Selenium supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 19 Other supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 20 Regional marketplace: Key takeaways
Fig. 21 Mineral supplements market: Regional movement analysis (USD Million)
Fig. 22 North America mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 23 U.S. mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 24 Canada mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 25 Europe mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 26 U.K. mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 27 Germany mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 28 Italy mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 29 France mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 30 Spain mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 31 Russia mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 32 Asia Pacific mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 33 Japan mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 33 China mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 34 India mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 35 Australia mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 36 Singapore mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 37 South Korea mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 38 Latin America mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 39 Brazil mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 40 Mexico mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 41 Argentina mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 42 MEA mineral supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 43 South Africa mineral supplements market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 44 Saudi Arabia mineral supplements market revenue estimates and forecasts, 2017 - 2030 (USD Million)
Fig. 45 UAE mineral supplements market revenue estimates and forecasts, 2017 - 2030 (USD Million)


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