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Mineral Supplements Market Size
- Report ID: GMI9308
- Published Date: Apr 2024
- Report Format: PDF
Mineral Supplements Market Size
Mineral Supplements Market size was valued at around USD 14.8 billion in 2023 and is estimated to grow at 4.7% CAGR from 2024 to 2032. The market for mineral supplements is poised for growth driven by the increasing awareness and concern over nutritional deficiencies among the global population especially in geriatric base.
The shortfall of essential nutrients in existing diets has led people to embrace mineral supplements to fulfill their daily nutritional needs. This shift is bolstered by increasing health awareness, a demographic shift towards aging populations prioritizing wellness, focused on healthy lifestyles, and proactive measures to prevent chronic diseases stemming from mineral deficiencies. These factors contribute to the expansion of the market.
Mineral supplements are concentrated sources of minerals, intended to complement the diet and address nutritional gaps. These supplements provide essential minerals that the body needs for various functions, including bone health, immune system support, and metabolic processes. They are designed to meet the daily mineral intake requirements, especially when it's challenging to achieve through diet.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Mineral Supplements Market Size in 2023: | USD 14.8 Billion |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 4.7% |
| 2024 – 2032 Value Projection: | USD 22.6 Billion |
| Historical Data for: | 2021 – 2023 |
| No. of Pages: | 210 |
| Tables, Charts & Figures: | 338 |
| Segments covered: | Product Type, Formulation, Application, Consumer Group, Distribution Channel, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Mineral Supplements Market Scope
