(MENAFN- Ameliorate Digital Consultancy)
In 2022, the market for Vitamin and Mineral Supplement was estimated to be worth USD 120.5 billion. The market for vitamin and mineral supplements is anticipated to increase from USD 127.73 billion in 2023 to USD 203.58 billion in 2029, with a compound annual growth rate (CAGR) of 6.10% over the forecast period (2023-2029). The main factors boosting market growth are the rising number of health-conscious consumers, the requirement for nutrients for monogastric animals, and consumer awareness of the link between diet and health.
The Latest Research report on“ Vitamin and Mineral Supplement Market Report 2023 – Future Opportunities, Latest Trends, Exhaustive Analysis, and Forecast to 2029 ” offers strategic visions into the Vitamin and Mineral Supplement market along with the market size ( Volume – Million Units and Revenue – US$ Billion) and estimates for the duration 2023 to 2029. The said research study covers in-detailed analysis of multiple Industry segments based on type, application, and studies different topographies . The report is also inclusive of competitive profiling of the leading product vendors, and their latest developments.
Key Players Mentioned in the Vitamin and Mineral Supplement Market Research Report:
SALUS Haus, Pfizer, Nature's Bounty, Daiichi Sankyo, CCMP Capital, AMWAY, Eisai, Sanofi, GNC, Otsuka Pharmaceutical, CSPC Pharmaceutical Group a nd other.
Gaia Herbs Announces Partnership with German Natural Products Company, SALUS Haus BREVARD, N.C.- Gaia Herbs, a leading natural herbal products brand in the United States, has announced its partnership with the esteemed German herbal products company SALUS Haus (Salus). As of March 1, 2021, Gaia Herbs is now the exclusive U.S. distributor of the Salus brand's complete line of high-quality herbal products and dietary supplements, which are marketed under the name Floradix®.
↓DOWNLOAD FREE SAMPLE REPORT:
The scope of the project, production, manufacturing value, loss/profit and supply/demand are all depicted in great detail. The market research then forecasts Vitamin and Mineral Supplement market Distribution Units business growth patterns. It also contains information on strategic partnerships. A feasibility analysis, a SWOT analysis, and a return on investment analysis are all included in this study.
Region enclosed are: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent
Country Level Break-Up : u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.
The North American vitamin and mineral supplements market will dominate owing to the growing prevalence of chronic diseases and the existence of several prominent players in the region. The emergence of contract manufacturing firms in several countries will boost market growth in this region. Moreover, the US vitamin and mineral supplements market held the most extensive market share, and the Canadian vitamin and mineral supplements market was the fastest-growing market in the North American region.
Europe's vitamin and mineral supplements market accounts for the second-largest market share owing to the rising awareness regarding their advantages in overall health and bodily maintenance in this region. Further, the German vitamin and mineral supplements market held the most extensive market share, and the UK vitamin and mineral supplements market was the fastest-growing market in the European region.
The Asia-Pacific vitamin and mineral supplements market is expected to grow at the fastest CAGR from 2023 to 2029. This is due to the growing healthcare expenditure, elevated intake of supplements, and significant health awareness. Moreover, China's vitamin and mineral supplements market held the largest market share, and the Indian vitamin and mineral supplements market was the fastest-growing market in the Asia-Pacific region.
Vitamin and Mineral Supplement Market Segmentation:
This research report categorizes the Vitamin and Mineral Supplement market into the following segments and subsegments:
Market by Type:
Multivitamin
Single Vitamin
Multi Mineral
Single Mineral
Market by Application:
Adults
Children
Get Special pricing with up to 20% Discount on the first purchase of this report @:
Influence of the Vitamin and Mineral Supplement market report:
-Comprehensive assessment of all opportunities and risk in the Vitamin and Mineral Supplement market.
– Vitamin and Mineral Supplement market recent innovations and major events.
-Detailed study of business approaches for the growth of the market-leading players.
-Conclusive study about the expansion plot of the market for forthcoming years.
-In-depth understanding of market-specific drivers, constraints and major mini-markets.
– Favorable impression inside vital technological and market latest trends striking the Vitamin and Mineral Supplement market.
Explore Full Report here:
Strategic Points lined in Table of Content of Vitamin and Mineral Supplement Market:
Chapter 1: Introduction, market actuation product Objective of Study and analysis Scope market (2023-2029).
Chapter 2: Exclusive outline – the fundamental info of the world Vitamin and Mineral Supplement Market.
Chapter 3: ever-changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the market; Post COVID Analysis.
Chapter 4: Presenting the world Market correlational analysis, Post COVID Impact Analysis, Porters 5 Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by kind, user and Region/Country 2018-2023.
Chapter 6: Evaluating the leading makers of the world Market that consists of its Competitive Landscape, generation Analysis, Company Profile.
Chapter 7: to guage the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these numerous regions (2023-2029).
... To be continued
Key Questions Answered in the Report:
(1) What are the growth opportunities for the new entrants in the Vitamin and Mineral Supplement industry?
(2) Who are the leading players functioning in the Vitamin and Mineral Supplement marketplace?
(3) What are the key strategies participants are likely to adopt to increase their share in the industry?
(4) What is the competitive situation in the market?
(5) What are the emerging trends that may influence the market growth?
(6) Which product type segment will exhibit high CAGR in future?
(7) Which region is lucrative for the manufacturers?
What Information does this report contain?
Historical data coverage: 2018 to 2023;
Growth Projections: 2023 to 2029.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7-year performance forecasts: major segments covering applications, top products and Regional Analysis.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
25% free Customization of the Report:
– Country level market for Vitamin and Mineral Supplement market (up to 5)
– Profiling and additional market players (up to 5)
– Free up to 40 hours of customization.
Please contact our sales professional ( ), we will ensure you obtain the report which works for your needs.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Intelligence Data
Phone: + 1704 266 3234