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Mineral Supplements Market Share

Report ID: GMI9308
Published Date: Apr 2024
Report Format: PDF

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Mineral Supplements Market Share

The market is characterized by numerous players competing for market share, with established nutraceutical companies, and wellness brands being prominent competitors. The companies consistently prioritize innovation, product differentiation, marketing strategies, and regulatory compliance to cater to the market demands. Moreover, mergers, acquisitions, and partnerships are common strategies adopted by companies to strengthen their position in the market.

Mineral Supplements Market Companies

Some of the prominent players operating in the mineral supplement industry include:

Abbott Laboratories
Amway Corp.
Bayer AG
Bio Botanica, Inc.
BIOVEA
Catalent, Inc.
Dr. Paul Lohmann GmbH & Co. KGaA
Glanbia plc
Herbalife International of America, Inc.
Mineral Resources International, Inc.
Nestle S.A.
NV Labs
Pfizer Inc.
Pharmavite
Sanofi

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The mineral supplements market size was valued at USD 14.8 billion in 2023 and is estimated to grow at 4.7% CAGR from 2024 to 2032, driven by the increasing awareness and concerns over nutritional deficiencies among geriatric population.

The calcium supplements segment in the mineral supplement market is likely to reach USD 9.1 billion by 2032, due to the increasing prevalence of osteoporosis and bone-related disorders.

North America mineral supplements market size generated USD 5 billion in revenue in 2023, attributed to the rising prevalence of digestive disorders like irritable bowel syndrome (IBS) and gastroesophageal reflux disease.

Abbott Laboratories, Amway Corp., Bayer AG, Bio Botanica, Inc., BIOVEA, Catalent, Inc., Dr. Paul Lohmann GmbH & Co. KGaA, Glanbia plc., Herbalife International of America, Inc., Mineral Resources International, Inc., Nestlé S.A., NV Labs., Pfizer Inc, and Pharmavite.