Vitamins And Minerals Market: By Source, By Type, By dosage, By Distribution Channel, By Distribution Channel, and Region Forecast 2019-2030

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Vitamins And Minerals Market Size, Share, Growth, Trends, and Global Industry Analysis: By Source (Natural, Synthetic), By Type (Vitamins, Minerals), By dosage (Tablets, Powders, Syrups, Gel capsules), By Distribution Channel (Vitamins, Minerals), By Distribution Channel (Retail Pharmacies, Supermarkets, Health and wellness stores, E-commerce), and Region Forecast 2019-2030

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Vitamins And Minerals Market size was valued US$ 18.09 billion in 2023 and is poised to grow at a CAGR of 6.5% from 2024-2030. The market is experiencing a significant growth during the forecast period. People are focused on the dietary supplements and fitness foods to maintain proper health. As per, Council for Responsible Nutrition survey in 2014 in U.S. around 68% of adults took dietary fertility supplements every year and in that, about 50% adults are regular consumers. U.S FDA has imposed several regulations regarding the standards of labeling of vitamins and minerals and quality of the products, hence vitamins and minerals producing companies have increased the development expenditure to produce the better quality products.

Market players are majorly focused on new product launches, mergers, and acquisitions. Vitamins and minerals are most vital nutrients for human body and should be taken in required quantity, high or low intake of vitamins and minerals may lead to complications. Though vitamins and minerals are micronutrients they differ in their basic ways. Vitamins are the organic substances and can be a breakdown by air, acid or heat while minerals are inorganic substances and they hold on to their chemical structure. Vitamins and minerals help boost the immune system, supports the growth and development.

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Vitamins And Minerals Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.5%

Largest Market

North America

Fastest Growing Market

North America

Vitamins And Minerals Market Dynamics

Rise in awareness regarding health conditions, dietary supplements and nutritious intake of food are expected to drive the growth of the vitamins and minerals market. Furthermore, rapid urbanization, changes in consumer lifestyle, increase in health and diet maintenance, and rise in technological advancements are expected to accelerate the growth of the market. On the other hand, limited awareness regarding the benefits of nutritious food and dosage and amounts of vitamins and minerals has to be taken, misconceptions and false product claims are expected to hamper the growth of the market.

Vitamins And Minerals Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 18.09 billion

Market CAGR

6.5%

By Source

  • Natural
  • Synthetic

By Type

  • Vitamins
  • Minerals

By Dosage Form

  • Tablets
  • Powders
  • Syrups
  • Gel capsules

By Distribution Channel

  • Retail pharmacies
  • Supermarkets
  • Health and wellness stores
  • E-commerce

By Region

  • North America (USA, Canada)
  • Europe (Germany, UK, France, Spain, Italy , Rest of Europe)
  • The Asia Pacific (China, India, Japan, Australia, South Korea, Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • MEA (Saudi Arabia, UAE, South Africa, Rest of MEA)

Key Features of the Report

  • The vitamins and minerals market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis 
     

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Frequently Asked Questions

The vitamins and minerals market size was valued at US$ 18.09 billion in 2023 and is projected to grow at a CAGR of 6.5% from 2024 -2030

Increase in consumption of vitamins and minerals

Europe is the fastest-growing for the market

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global Vitamins And Minerals Market Introduction 
2.1.Global Vitamins And Minerals Market  - Taxonomy
2.2.Global Vitamins And Minerals Market  - Definitions
2.2.1.Source
2.2.2.Type
2.2.3.Dosage Form
2.2.4.Distribution Channel
2.2.5.Region
3. Global Vitamins And Minerals Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Vitamins And Minerals Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Vitamins And Minerals Market  By Source, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Natural
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Synthetic
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Vitamins And Minerals Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Vitamins
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Minerals
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Vitamins And Minerals Market  By Dosage Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Tablets
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Powders
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Syrups
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Gel capsules
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8. Global Vitamins And Minerals Market  By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Retail pharmacies
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Supermarkets
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Health and wellness stores
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. E-commerce
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
9. Global Vitamins And Minerals Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Vitamins And Minerals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Natural
10.1.2.Synthetic
10.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Vitamins
10.2.2.Minerals
10.3.  Dosage Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Tablets
10.3.2.Powders
10.3.3.Syrups
10.3.4.Gel capsules
10.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Retail pharmacies
10.4.2.Supermarkets
10.4.3.Health and wellness stores
10.4.4.E-commerce
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Vitamins And Minerals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Natural
11.1.2.Synthetic
11.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Vitamins
11.2.2.Minerals
11.3.  Dosage Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Tablets
11.3.2.Powders
11.3.3.Syrups
11.3.4.Gel capsules
11.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Retail pharmacies
11.4.2.Supermarkets
11.4.3.Health and wellness stores
11.4.4.E-commerce
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
11.5.7.
12. Asia Pacific (APAC) Vitamins And Minerals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Natural
12.1.2.Synthetic
12.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Vitamins
12.2.2.Minerals
12.3.  Dosage Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Tablets
12.3.2.Powders
12.3.3.Syrups
12.3.4.Gel capsules
12.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Retail pharmacies
12.4.2.Supermarkets
12.4.3.Health and wellness stores
12.4.4.E-commerce
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Vitamins And Minerals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Natural
13.1.2.Synthetic
13.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Vitamins
13.2.2.Minerals
13.3.  Dosage Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Tablets
13.3.2.Powders
13.3.3.Syrups
13.3.4.Gel capsules
13.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Retail pharmacies
13.4.2.Supermarkets
13.4.3.Health and wellness stores
13.4.4.E-commerce
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Vitamins And Minerals Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Natural
14.1.2.Synthetic
14.2.  Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Vitamins
14.2.2.Minerals
14.3.  Dosage Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Tablets
14.3.2.Powders
14.3.3.Syrups
14.3.4.Gel capsules
14.4.  Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Retail pharmacies
14.4.2.Supermarkets
14.4.3.Health and wellness stores
14.4.4.E-commerce
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Bayer AG (Germany)
15.2.2.BASF SE (Germany)
15.2.3.Herbalife International (U.S)
15.2.4.Dupont (U.S)
15.2.5.Royal DSM N.V. (Netherlands)
15.2.6.Glanbia Plc. (Ireland)
15.2.7.Abbott Laboratories (U.S.)
15.2.8.Apotex (Canada)
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Bayer AG (Germany)
  • BASF SE (Germany)
  • Herbalife International (U.S)
  • Dupont (U.S)
  • Royal DSM N.V. (Netherlands)
  • Glanbia Plc. (Ireland)
  • Abbott Laboratories (U.S.)
  • Apotex (Canada)
  • NBTY Inc. (U.S.)
  • Amway Enterprises (U.S.)
  • GlaxoSmithKline(UK)

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