Vitamins and Minerals Supplements Market, Size, Share, Growth, Trends, Insight and Industry Forecast, 2021-2028

SKU: DMFB3160 | Last Updated On: Aug 06 2021 | No. of Pages: 180 | Available Formats

> Global Vitamins and Minerals Supplements Market Expected to reach a high CAGR By 2028: DataM Intelligence

Global Vitamins and Minerals Supplements Market is segmented By Product Type (Vitamins (Vitamin A, Vitamin B, Vitamin C, Multivitamin, Others), Minerals (Zinc, Calcium, Others), Multivitamin/mineral (MVM) supplements), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Sales, Others), By Supplement Form (Capsules, Tablets, Powder, Chewable, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

 

Market Overview:

The Global Vitamins and Minerals Supplements Market is expected to grow at a CAGR during the forecasting period (2021-2028).

Vitamins and minerals are essential for development of the body in multiple ways. Minerals intake in sufficient amount can affect the mood and reduce stress levels. They help the bones shore up, heal wounds, and improve the immune system. They also transform food into energy and repair the cellular damage. The deficiency of vitamins and minerals can cause harm to the immune system and result in many diseases. With growing health consciousness among the youth to achieve aesthetic goals and rising awareness in people regarding importance of balanced diet is driving the growth of the vitamins and mineral supplements market. The global vitamins and minerals supplements market valued US$ XX billion in 2020 and is estimated to reach US$ XX billion by 2028, growing at a CAGR of XX% during the forecast period (2021-2028)

Source: DataM Intelligence Analysis (2021)

Market Dynamics:

Rising interest towards nutrition is driving the growth of vitamins and minerals supplement market

The increasing awareness on human nutrition and preventive healthcare among people is attributing for the growing demand for vitamins and mineral supplements globally. The prevalence of vitamin deficiencies due to hectic lifestyle and loss of nutrition during processing food is likely to entice people towards considering vitamins and minerals supplementation. In low income countries, supplementation is highly recommended where particular micronutrient deficiencies like iodine, iron, zinc and vitamin A are prevalent or where food-based interventions such as dietary modification, fortification or provision of food are unable to achieve insufficient intake. The World Health Organization (WHO) estimates that more than two billion people suffer from micronutrient deficiency globally. Nearly 70% of the population in every age group consume dietary supplements with increasing age. Also, vitamins and mineral supplements is especially recommended for pregnant ladies and for age group of 40 and above. Countries like Sierra Leone, Lesotho, Afghanistan, Nigeria with higher malnutrition cases can be an opportunity for the vitamins and minerals supplements market.

According to studies, minerals taken as supplements can also be toxic. For instance, phosphorus can cause diarrhea at doses above 750 mg/d, with dosage being more than 400 mg/d, magnesium can cause diarrhea while lower doses can result in mild nausea and vomiting. Other minerals like zinc and iron can result in nausea and diarrhea too. These risks might hinder the growth of the vitamins and minerals supplements market.

Market Segments:

 Multivitamin tablets are the proliferating type

Multivitamins are highly consumed among all types of vitamins and minerals supplements. These multivitamin tablets majorly help the working population meet their daily nutrition level as the vitamins and minerals in these multivitamin capsule can effectively reduce stress and depression symptoms. For instance, Vitamin B stimulates the nervous system to produce stress relief hormones. Consuming enough vitamins and minerals can improve the brain functions and effect the mood. According to a survey conducted by the National Institute of Mental Health estimation, around 40% of the Americans above 50 age group consume multivitamin tablets.

Geographical Penetration:

North America is the largest regional market in the global vitamin and mineral supplements market

North America is the world leader in vitamins and mineral supplements, with the United States being the largest contributor, contributing 27% of the global sales of vitamins and mineral supplements in 2018. Vitamins and dietary Supplements in the United States benefit from the widening trend in healthy living and the increase in healthcare costs, especially among aging populations. The use of supplements with vitamins, minerals, and fish oil is popular among adults in North America. According to WHO, the consumption of vitamin D supplements has increased fourfold during 1999-2012, excluding multivitamin and mineral intake. According to 2018 statistics, the revenue from vitamin and nutritional supplement accounted for USD 31 billion in the United States.

Competitive Landscape:

Large number of vitamins and minerals supplements manufacturers made the market competitive

The global vitamins and mineral supplements market is highly competitive with some of the pioneers and new emerging players operating in the market. Key players like AMWAY, are providing consumers with wide range of vitamins and supplements. These major players have adopted various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions to survive in the industry as global leaders. For instance, Nature’s way, a leading supplement company recently acquired BAZE, a personalized nutrition company which manufactures at home devices to provide the check of micronutrient levels. According to the company reports, this helped 73% consumers to eliminate their nutrition deficiencies.

COVID-19 Impact:

Pandemic had a positive impact on global vitamins and minerals supplements market

The outbreak of pandemic had a positive impact on the global vitamins and minerals supplements market. To survive the pandemic, consumers were focusing towards nutritional and healthy products to enhance their immune system. For instance, The U.S. National Health and Nutrition Examination Survey declared that during the pandemic, more than 50% of the U.S. population was reported to be consuming vitamins and supplements and the demand for the supplements increased by 20% during this time.

Why Purchase the Report?

  • Understand the current market scenario and viability of global vitamins and minerals supplements market over the forecast period
  • Visualize the composition of the global vitamins and minerals supplements market in terms of Product Form, End User and Distribution Channel to identify major players, growth potential, and market strategies
  • Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
  • Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
  • Excel data sheet with valuable data points of the global vitamins and minerals supplements market – regional and country level segmentation
  • Product mapping in excel for the key products of all major market players
  • Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience:

  • Supplement Manufacturers
  • Import and Export Companies
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals

 

Table of Contents

  1. Global Vitamins and Minerals Supplements Market -Scope and Methodology

    1. Research Methodology
    2. Scope of the Market
  2. Global Vitamins and Minerals Supplements Market -Key Trends and Developments

  3. Global Vitamins and Minerals Supplements Market – Executive Summary

    1. Market Snippet by Product Type
    2. Market Snippet by Distribution Channel
    3. Market Snippet by Supplement Form
  4. Global Vitamins and Minerals Supplements Market-Market Dynamics

    1. Market impacting factors
      1. Drivers
        1. Growing awareness towards proper nutrition
      2. Restraints
        1. Adverse health effects of consuming supplements in overdose
      3. Opportunities
    2. Impact analysis
  5. Global Vitamins and Minerals Supplements Market – Industry Analysis

    1. Porter's five forces analysis
    2. Supply chain analysis
    3. Pricing analysis
    4. Patent Analysis
    5. Regulatory Analysis
  6. Global Vitamins and Minerals Supplements Market – COVID-19 Analysis

    1. Analysis of COVID-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
  7. Global Vitamins and Minerals Supplements Market – By Product Type

    1. Introduction
      1. Market size analysis, and y-o-y growth analysis (%), By Nutrient segment
      2. Market attractiveness index, By  Nutrient segment  
    2. Vitamins*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028
      3. Vitamin A
      4. Vitamin B
      5. Vitamin C
      6. Multivitamin
      7. Others
    3. Minerals
      1. Zinc
      2. Calcium
      3. Others
    4. Multivitamin/mineral (MVM) supplements
  8. Global Vitamins and Minerals Supplements Market – By Distribution Channel

    1. Introduction
      1. Market size analysis, and y-o-y growth analysis (%), By Distribution Channel Segment
      2. Market attractiveness index, By Distribution Channel Segment
    2. Hospital Pharmacy*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028  
    3. Retail Pharmacy
    4. Online Sales
    5. Others
  9. Global Vitamins and Minerals Supplements Market – By Supplement Form

    1. Introduction
      1. Market size analysis, and y-o-y growth analysis (%), By Supplement Segment
      2. Market attractiveness index, By Supplement Segment
    2. Capsules*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028  
    3. Tablets
    4. Powder
    5. Chewable
    6. Others
  10. Global Vitamins and Minerals Supplements Market – By Region

    1. Introduction
      1. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key region-specific dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Product Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Supplement Form
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By  Product Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Supplement Form
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    4. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By  Product Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Supplement
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Rest of Europe
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By  Product Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Supplement Form
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. New Zealand
        6. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By  Product Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Distribution Channel
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Supplement Form
  11. Global Vitamins and Minerals Supplements Market – Competitive Landscape

    1. Competitive scenario
    2. Competitor strategy analysis
    3. Market positioning/share analysis
    4. Mergers and acquisitions analysis
  12. Company Profiles

    1. AMWAY*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Lonza Group
    3. BASF SE
    4. Koninklijke DSM N.V.
    5. DuPont de Nemours, Inc.
    6. Pfizer Inc.
    7. Nutrilo GmbH
    8. AIE Pharmaceuticals
    9. ParkAcre Enterprises
    10. Aland (Jiangsu) Nutraceutical
  13. Global Vitamins and Minerals Supplements Market – Premium Insights

  14. Global Vitamins and Minerals Supplements Market – DataM

    1. Appendix
    2. About us and services
    3. Contact us

List of Tables & Figures

LIST OF TABLES

Table 1 Global Vitamins and Minerals Supplements Market Value, By Product Type, 2020, 2024 & 2028 ($ Million)

Table 2 Global Vitamins and Minerals Supplements Market Value, By Supplement Form, 2020, 2024 & 2028 ($ Million)

Table 3 Global Vitamins and Minerals Supplements Market Value, By Distribution Channel, 2020, 2024 & 2028 ($ Million)

Table 4 Global Vitamins and Minerals Supplements Market Value, By Region, 2020, 2024 & 2028 ($ Million)

Table 5 Global Vitamins and Minerals Supplements Market Value, By Product Type, 2020, 2024 & 2028 ($ Million)

Table 6 Global Vitamins and Minerals Supplements Market Value, By Product Type, 2019-2028 ($ Million)

Table 7 Global Vitamins and Minerals Supplements Market Value, By Supplement Form, 2020, 2024 & 2028 ($ Million)

Table 8 Global Vitamins and Minerals Supplements Market Value, By Supplement Form, 2019-2028 ($ Million)

Table 9 Global Vitamins and Minerals Supplements Market Value, By Distribution Channel, 2020, 2024 & 2028 ($ Million)

Table 10 Global Vitamins and Minerals Supplements Market Value, By Distribution Channel, 2019-2028 ($ Million)

Table 11 Global Vitamins and Minerals Supplements Market Value, By Region, 2020, 2024 & 2028 ($ Million)

Table 12 Global Vitamins and Minerals Supplements Market Value, By Region, 2019-2028 ($ Million)

Table 13 North America Vitamins and Minerals Supplements Market Value, By Product Type, 2019-2028 ($ Million)

Table 14 North America Vitamins and Minerals Supplements Market Value, By Supplement Form, 2019-2028 ($ Million)

Table 15 North America Vitamins and Minerals Supplements Market Value, By Distribution Channel, 2019-2028 ($ Million)

Table 16 North America Vitamins and Minerals Supplements Market Value, By Country, 2019-2028 ($ Million)

Table 17 South America Vitamins and Minerals Supplements Market Value, By Product Type, 2019-2028 ($ Million)

Table 18 South America Vitamins and Minerals Supplements Market Value, By Supplement Form, 2019-2028 ($ Million)

Table 19 South America Vitamins and Minerals Supplements Market Value, By Distribution Channel, 2019-2028 ($ Million)

Table 20 South America Vitamins and Minerals Supplements Market Value, By Country, 2019-2028 ($ Million)

Table 21 Europe Vitamins and Minerals Supplements Market Value, By Product Type, 2019-2028 ($ Million)

Table 22 Europe Vitamins and Minerals Supplements Market Value, By Supplement Form, 2019-2028 ($ Million)

Table 23 Europe Vitamins and Minerals Supplements Market Value, By Distribution Channel, 2019-2028 ($ Million)

Table 24 Europe Vitamins and Minerals Supplements Market Value, By Country, 2019-2028 ($ Million)

Table 25 Asia-Pacific Vitamins and Minerals Supplements Market Value, By Product Type, 2019-2028 ($ Million)

Table 26 Asia-Pacific Vitamins and Minerals Supplements Market Value, By Supplement Form, 2019-2028 ($ Million)

Table 27 Asia-Pacific Vitamins and Minerals Supplements Market Value, By Distribution Channel, 2019-2028 ($ Million)

Table 28 Asia-Pacific Vitamins and Minerals Supplements Market Value, By Country, 2019-2028 ($ Million)

Table 29 Middle East & Africa Vitamins and Minerals Supplements Market Value, By Product Type, 2019-2028 ($ Million)

Table 30 Middle East & Africa Vitamins and Minerals Supplements Market Value, By Supplement Form, 2019-2028 ($ Million)

Table 31 Middle East & Africa Vitamins and Minerals Supplements Market Value, By Distribution Channel, 2019-2028 ($ Million)

Table 32 AMWAY: Overview

Table 33 AMWAY: Product Portfolio

Table 34 AMWAY: Key Developments

Table 35 Lonza Group: Overview

Table 36 Lonza Group: Product Portfolio

Table 37 Lonza Group: Key Developments

Table 38 BASF SE: Overview

Table 39 BASF SE: Product Portfolio

Table 40 BASF SE: Key Developments

Table 41 Koninklijke DSM N.V.: Overview

Table 42 Koninklijke DSM N.V.: Product Portfolio

Table 43 Koninklijke DSM N.V.: Key Developments

Table 44 DuPont de Nemours, Inc.: Overview

Table 45 DuPont de Nemours, Inc.: Product Portfolio

Table 46 DuPont de Nemours, Inc.: Key Developments

Table 47 Pfizer Inc.: Overview

Table 48 Pfizer Inc.: Product Portfolio

Table 49 Pfizer Inc.: Key Developments

Table 50 Nutrilo GmbH: Overview

Table 51 Nutrilo GmbH: Product Portfolio

Table 52 Nutrilo GmbH: Key Developments

Table 53 AIE Pharmaceuticals: Overview

Table 54 AIE Pharmaceuticals: Product Portfolio

Table 55 AIE Pharmaceuticals: Key Developments

Table 56 ParkAcre Enterprises: Overview

Table 57 ParkAcre Enterprises: Key Developments

Table 58 ParkAcre Enterprises: Product Portfolio

Table 59 Aland (Jiangsu) Nutraceutical: Overview

Table 60 Aland (Jiangsu) Nutraceutical: Key Developments

Table 61 Aland (Jiangsu) Nutraceutical: Product Portfolio

 

LIST OF FIGUES

 Figure 1 Global Vitamins and Minerals Supplements Market Share, By Supplement Form, 2020 & 2028 (%)

Figure 2 Global Vitamins and Minerals Supplements Market Share, By Distribution Channel, 2020 & 2028 (%)

Figure 3 Global Vitamins and Minerals Supplements Market Share, By Region, 2020 & 2028 (%)

Figure 4 Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 5 Global Vitamins and Minerals Supplements Market Y-o-Y Growth, By Product Type, 2020-2028 (%)

Figure 6 Vitamin: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 7 Multivitamin: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 8 Minerals: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 9 Global Vitamins and Minerals Supplements Market Y-o-Y Growth, By Supplement Form, 2020-2028 (%)

Figure 10 Capsules: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 11 Tablets: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 12 Powder: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 13 Others: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 14 Global Vitamins and Minerals Supplements Market Y-o-Y Growth, By Distribution Channel, 2020-2028 (%)

Figure 15 Hospital Pharacy: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 16 Retail Pharmacy: Global Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 17 Global Vitamins and Minerals Supplements Market Y-o-Y Growth, By Region, 2020-2028 (%)

Figure 18 North America Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 19 North America Vitamins and Minerals Supplements Market Share, By Product Type, 2020 & 2028 (%)

Figure 20 North America Vitamins and Minerals Supplements Market Share, By Supplement Form, 2020 & 2028 (%)

Figure 21 North America Vitamins and Minerals Supplements Market Share, By Distribution Channel, 2020 & 2028 (%)

Figure 22 North America Vitamins and Minerals Supplements Market Share, By Country, 2020 & 2028 (%)

Figure 23 South America Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 24 South America Vitamins and Minerals Supplements Market Share, By Product Type, 2020 & 2028 (%)

Figure 25 South America Vitamins and Minerals Supplements Market Share, By Supplement Form, 2020 & 2028 (%)

Figure 26 South America Vitamins and Minerals Supplements Market Share, By Distribution Channel, 2020 & 2028 (%)

Figure 27 South America Vitamins and Minerals Supplements Market Share, By Country, 2020 & 2028 (%)

Figure 28 Europe Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 29 Europe Vitamins and Minerals Supplements Market Share, By Product Type, 2020 & 2028 (%)

Figure 30 Europe Vitamins and Minerals Supplements Market Share, By Supplement Form, 2020 & 2028 (%)

Figure 31 Europe Vitamins and Minerals Supplements Market Share, By Distribution Channel, 2020 & 2028 (%)

Figure 32 Europe Vitamins and Minerals Supplements Market Share, By Country, 2020 & 2028 (%)

Figure 33 Asia-Pacific Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 34 Asia-Pacific Vitamins and Minerals Supplements Market Share, By Product Type, 2020 & 2028 (%)

Figure 35 Asia-Pacific Vitamins and Minerals Supplements Market Share, By Supplement Form, 2020 & 2028 (%)

Figure 36 Asia-Pacific Vitamins and Minerals Supplements Market Share, By Distribution Channel, 2020 & 2028 (%)

Figure 37 Asia-Pacific Vitamins and Minerals Supplements Market Share, By Country, 2020 & 2028 (%)

Figure 38 Middle East & Africa Vitamins and Minerals Supplements Market Value, 2019-2028 ($ Million)

Figure 39 Middle East & Africa Vitamins and Minerals Supplements Market Share, By Product Type, 2020 & 2028 (%)

Figure 40 Middle East & Africa Vitamins and Minerals Supplements Market Share, By Supplement Form, 2020 & 2028 (%)

Figure 41 Middle East & Africa Vitamins and Minerals Supplements Market Share, By Distribution Channel, 2020 & 2028 (%)

Figure 42 AMWAY: Financials

Figure 43 Lonza Group: Financials

Figure 44 BASF SE: Financials

Figure 45 Koninklijke DSM N.V.: Financials

Figure 46 DuPont de Nemours, Inc.: Financials

Figure 47 Pfizer Inc.: Financials

Figure 48 Nutrilo GmbH: Financials

Figure 49 AIE Pharmaceuticals: Financials

Figure 50 ParkAcre Enterprises: Financials

Figure 51 Aland (Jiangsu) Nutraceutical: Financials

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