What Is The Current and Historic Market Size Analysis Of The Mineral Supplements Market?
The mineral supplements market has seen considerable growth due to a variety of factors.
• The mineral supplements market has shown strong growth in recent years. It will increase from $16.58 billion in 2024 to $17.93 billion in 2025, at a CAGR of 8.1%.
The expansion is driven by greater awareness of health and wellness, rising prevalence of mineral deficiencies, an aging population, growing interest in preventive healthcare, and changing dietary habits.
What Is The Forecast For The Mineral Supplements Market Size?
The mineral supplements market is expected to maintain its strong growth trajectory in upcoming years.
• The mineral supplements market is set to grow strongly, reaching $24.15 billion by 2029 at a CAGR of 7.7%.
Growth is driven by personalized nutrition trends, demand for natural products, higher disposable incomes in emerging markets, transparent labeling, and consumer interest in sustainability. Trends include plant-based mineral supplements, targeted formulations, novel delivery methods like gummies, personalized solutions, and a focus on evidence-based ingredients.
What Are The Essential Drivers Behind The Growth Of The Mineral Supplements Market?
Increased participation in sports and fitness activities is expected to fuel the growth of the mineral supplement market in the future. These activities are intended to enhance health, physical fitness, and athletic performance, supported by factors such as greater health awareness, improved access to fitness centers, and societal emphasis on well-being. Mineral supplements help athletes and fitness enthusiasts by supporting the increased mineral demands caused by intense physical activities. For example, in February 2023, the Sports and Fitness Industry Association reported that 77.6% of Americans, or about 236.9 million people, engaged in at least one sport in 2022, showing a 1.9% rise from 2021. The popularity of sports like Pickleball also saw significant growth, further promoting the mineral supplement market.
How Is The Global Mineral Supplements Market Divided Into Key Segments?
The mineral supplements market covered in this report is segmented –
1) By Product: Calcium, Magnesium, Iron, Potassium, Zinc, Chromium, Selenium, Other Products
2) By Formulation: Capsule, Tablet, Powder, Liquid Or Gel, Other Formulations
3) By Sales Channel: Pharmacies And Drug Stores, Supermarkets And Hypermarkets, Online Channels
4) By Application: General Health, Bone And Joint Health, Gastrointestinal Health, Immunity, Other Applications
5) By End Use: Adults, Geriatric, Pregnant Women, Children, Infants
Subsegments:
1) By Calcium: Calcium Carbonate, Calcium Citrate, Calcium Gluconate, Calcium Lactate
2) By Magnesium: Magnesium Citrate, Magnesium Oxide, Magnesium Glycinate, Magnesium Sulfate
3) By Iron: Ferrous Sulfate, Ferrous Fumarate, Ferrous Gluconate, Iron Polysaccharide Complex
4) By Potassium: Potassium Chloride, Potassium Citrate, Potassium Gluconate
5) By Zinc: Zinc Gluconate, Zinc Sulfate, Zinc Picolinate, Zinc Acetate
6) By Chromium: Chromium Picolinate, Chromium Chloride, Chromium Nicotinate
7) By Selenium: Selenium Methionine, Sodium Selenite, Selenomethionine
8) By Other Products: Manganese Supplements, Copper Supplements, Iodine Supplements, Phosphorus Supplements
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What New Trends Are Influencing The Mineral Supplements Market?
Firms in the mineral supplements industry are zeroing in on the advancement of novel oral nutrition supplements (ONS) to cater to the changing needs and preferences of consumers. ONS, or oral liquid supplements, are dietary items crafted to supply extra nutrition, energy, and calories to individuals having trouble meeting their nutritional needs. For example, Arla Foods Ingredients, a Denmark-based manufacturer providing ingredients for infant nutrition, medical uses, and sports nutrition, debuted juice-style ONS in May 2023 – a new method to increase the protein content in medical nutrition. ONS juice-style drinks from Arla Foods Ingredients are distinctive nutritional beverages offering 7% additional protein without compromising on taste or texture. They contain Lacprodan BLG-100, a pure beta-lactoglobulin with a superior nutritional profile. Besides, this new solution is free from fat, and the use of BLG-100 ensures a product with low viscosity and stability throughout its shelf life. Moreover, it offers less astringency compared to conventional ONS juice-style products and a better texture, promoting adherence to medical nutrition.
Who Are the Key Players In The Mineral Supplements Market?
Major companies operating in the mineral supplements market are:
• Cargill Incorporated
• Nestlé S.A.
• Archer Daniels Midland Company
• Pfizer Inc.
• BASF SE
• Bayer AG
• Sanofi SA
• Abbott Laboratories
• GlaxoSmithKline PLC
• Otsuka Holdings Co. Ltd.
• DSM (Koninklijke DSM NV)
• Amway Corp.
• Glanbia plc.
• Orkla
• Herbalife International of America Inc.
• GNC Holdings Inc.
• Kirkland Signature
• Nature's Way Products LLC
• Atrium Innovations Inc.
• Omega Protein Corporation
• NOW Health Group Inc.
• Ricola
• Himalaya Wellness Company
• Blackmores Limited
• Vitabiotics Ltd.
• MegaFood
• Bio Botanica Inc.
• Pharmavite LLC
What Are The Regional Insights Into The Mineral Supplements Market?
North America was the largest region in the mineral supplements market in 2024. The regions covered in the mineral supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
