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Global Mineral Supplements Market Size, Share, Analysis: By Product: Calcium, Magnesium, Iron, Potassium, Zinc, Chromium, Selenium, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; 2024-2032
Global Mineral Supplements Market Outlook
The global mineral supplements market attained a value of around USD 13.04 billion in 2023. The mineral supplements market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 5.2% to reach USD 20.45 billion in 2032.
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The Asia Pacific is the fastest-growing region for the mineral supplements market. The rising health awareness is majorly driving the demand among consumers, along with the rising deficiencies of nutrients among the population.
Market Segmentation
Mineral supplement offers a variety of nutrients in foods. These are available in capsules, needles, powders, and liquids.
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On the basis of the product, the mineral supplements market can be divided into:
- Calcium
- Magnesium
- Iron
- Potassium
- Zinc
- Chromium
- Selenium
- Others
The EMR report looks into the regional mineral supplements markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The increasing prevalence of mineral deficiencies, in particular, calcium, zinc, and iron, and the increasing awareness of health and fitness are the main driving factors for the mineral supplements market growth. The mineral supplements market growth is also being fuelled by the high prevalence of illnesses like osteoporosis, anaemia, cancer, and diabetes, as they are widely engaged in the management of these conditions. The growth in the distribution channels further enhances the development of the industry. Recent veganism patterns are also increasing the demand for these nutrients, in particular, calcium and iron, as vegans take these substitutes for their necessary intake of essential minerals. Also, the growing geriatric population and an increase in disposable income are some of the crucial factors that should boost the mineral supplements market growth in the years to come.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global mineral supplements market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Glanbia, plc.
- Nestle
- Herbalife Nutrition Limited (NYSE: HLF)
- Sanofi
- Amway Holdings
- Bayer AG
- Others
The EMR report gives an in-depth insight into the mineral supplements market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Mineral Supplements Market Analysis
8.1 Key Industry Highlights
8.2 Global Mineral Supplements Historical Market (2018-2023)
8.3 Global Mineral Supplements Market Forecast (2024-2032)
8.4 Global Mineral Supplements Market by Product
8.4.1 Calcium
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Magnesium
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Iron
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Potassium
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Zinc
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Chromium
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Selenium
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.4.8 Others
8.5 Global Mineral Supplements Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Mineral Supplements Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Mineral Supplements Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Mineral Supplements Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Mineral Supplements Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Mineral Supplements Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Glanbia Plc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Nestle S.A
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Herbalife Nutrition Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Sanofi S.A
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Amway (Malaysia) Holdings Berhad
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Bayer AG
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Mineral Supplements Market: Key Industry Highlights, 2018 and 2032
2. Global Mineral Supplements Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Mineral Supplements Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Mineral Supplements Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Mineral Supplements Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Mineral Supplements Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Mineral Supplements Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Mineral Supplements Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Mineral Supplements Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Mineral Supplements Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Mineral Supplements Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Mineral Supplements Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Mineral Supplements Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Mineral Supplements Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Mineral Supplements Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Global Mineral Supplements Market Structure
Key Questions Answered in the Report
In 2023, the global mineral supplements market attained a value of nearly USD 13.04 billion.
The market is projected to grow at a CAGR of 5.2% between 2024 and 2032.
The market is estimated to grow in the forecast period of 2024-2032 to reach about USD 20.45 billion in 2032.
The major drivers aiding the market growth include the rising disposable incomes, increasing health consciousness, growing prevalence of micronutrient deficiencies particularly in developing regions, and the growing geriatric population.
The growing research and development activities by manufacturers are the key trends guiding the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Calcium, magnesium, iron, potassium, zinc, chromium, and selenium, among others, are the major products of mineral supplements in the market.
The major players in the market are Glanbia, plc., Nestle S.A, Herbalife Nutrition Ltd., Sanofi S.A, Amway (Malaysia) Holdings Berhad, and Bayer AG, among others.
Analyst Review
The global mineral supplements market attained a value of USD 13.04 billion in 2023, driven by the growing focus on health and fitness and escalating disposable incomes. Aided by the increased investments in the R&D activities, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5.2%. The industry is projected to reach USD 20.45 billion in 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the industry can be segmented into calcium, magnesium, iron, potassium, zinc, chromium, and selenium, among others. The major regional markets for mineral supplements are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Glanbia, plc., Nestle S.A, Herbalife Nutrition Ltd., Sanofi S.A, Amway (Malaysia) Holdings Berhad, and Bayer AG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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