Global Vitamin and Minerals Market Size
Pharmaceuticals

Global Vitamin and Minerals Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Vitamin and Minerals Market Report by The Business Research Company Covers Vitamin and Minerals Market Drivers And Restraints, Vitamin and Minerals Market Size, Major Players, And The Impact Of COVID-19 On The Vitamin and Minerals Market.

The vitamins and mineral supplements market consists of sales of vitamins and mineral supplements that improve the health and wellness of the population. The sales comprise of revenue generated by the establishments manufacturing vitamins and minerals. Vitamins and mineral supplements are available without a prescription and come in tablets, powders or liquids and provide sufficient vital nutrients and minerals that preserve or boost an individual’s health.

 

The vitamins and mineral supplements market covered in the vitamins and mineral supplements market report is segmented by type into multivitamin, single vitamin, multi mineral, single mineral.

 

The global vitamin and minerals market is expected to decline from $18.14 billion in 2020 to $17.54 billion in 2021 at a compound annual growth rate (CAGR) of -3.3%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The vitamins and mineral supplements market is expected to reach $22.21 billion in 2025 at a CAGR of 6%.

 


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Some vitamin and minerals market trends include the consumer preference moving towards organic supplements. There was a suggested transition towards vegan & organic food in 2020, and this trend will shortly become a lifestyle for many people as COVID-19 is taking the world by storm. As a lot of people globally believe that the COVID crisis is associated with the consumption of animal meat, people will become more cautious of the food they consume and this can result in a significant rise in the demand for organic and vegan food products. Many small and medium enterprises have started to promote plant-based goods and diets in the product space. The coronavirus pandemic is accelerating the trend for organic food supplements.


Global vitamin and minerals market segments include:

1) By Type: Multivitamin, Single Vitamin, Multi Mineral, Single Mineral.

2) By Application: Energy And Weight Management, General Health, Bone And Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Others.

3) By Distribution Channel: Pharmacies And Drug Stores, Supermarkets And Hypermarkets, Online Channels.

4) By End-User: Adults, Geriatric, Pregnant Women, Children, Infants.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Vitamin and Minerals Global Market Report 2021: COVID-19 Implications And Growth To 2030 At:
https://www.thebusinessresearchcompany.com/report/vitamins-and-mineral-supplement-market-global-report-2020-30-covid-19-implications-and-growth

 

The Vitamin and Minerals Global Market Report 2021: COVID-19 Implications And Growth To 2030 is one of a series of new reports from The Business Research Company that provides vitamin and minerals market overviews, analyzes and forecasts market size, share, vitamin and minerals market players, vitamin and minerals market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The vitamin and minerals market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Vitamin and Minerals Global Market Report 2021: COVID-19 Implications And Growth To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Salus Haus, Pfizer, Daiichi Sankyo, AMWAY, Eisai, Sanofi, GNC, CSPC Pharmaceutical Group, DSM, Otsuka Holdings Co. Ltd, Puritan’s Pride, Pharmavite, Jamieson, Webber Naturals, Hainan Yangshengtang, Nature’s Bounty, CCMP Capital, Pharmavite, Suntory Holdings Ltd, Glanbia PLC, Glaxosmithkline PLC, Abbott Laboratories, Bayer AG, Puritan’s Pride, General Nutrition CentersInc., Webber Naturals, CSPC Pharmaceutical Group, Hainan Yangshengtang.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Vitamin And Minerals Industry:
The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Vitamin And Minerals Sector: The report reveals where the global industry will put on most $ sales up to 2023.

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx


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