Mineral Supplement Market is expected to grow at a CAGR of 7%-8% from 2020 to 2025- An exclusive market research report by Lucintel
Lucintel's latest market report analyzed that mineral supplement provides attractive opportunities in food & beverages, pharmaceuticals, and other applications. The mineral supplement market is expected to grow with a CAGR of 7%-8%. In this market, calcium is the largest segment by product type, whereas adult women are largest by end user. New product development and innovative delivery formats, including powders, chews, transdermal creams and sprays provides strategic growth path in this market.
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Based on product type, the mineral supplement market is segmented into calcium, magnesium, iron, potassium, zinc, chromium, selenium, and others. The calcium segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to growing prevalence of osteoporosis, increasing cases of cancer, particularly breast cancer, pose high risk of developing osteoporosis at an early stage.
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The Mineral Supplement Market is marked by the presence of several big and small players. Some of the prominent players offering mineral supplement include Glanbia Plc, E. I. Du Pont, NBTY, Inc., DSM N.V., BASF SE, Bayer AG, Atrium Innovations Inc., Amway, Nestle, Biovea, Herbalife International of America, Inc., and Sanofi.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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