Market Overview:
The global vitamin and mineral supplement market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of supplements, rising incidence of chronic diseases, and growing demand for preventive healthcare. Based on type, the global vitamin and mineral supplement market is segmented into multivitamin, single vitamin, multi mineral, and single mineral supplements. Multivitamin supplements are expected to account for the largest share of this market in 2018 owing to their wide-ranging health benefits. Single vitamin supplements are also gaining popularity due to their targeted health benefits. Based on application, adults are expected to account for the largest share of this market in 2018 followed by children. This can be attributed to rising incidences of lifestyle diseases among adults as well as increasing awareness about nutritional needs among children.
Product Definition:
A vitamin and mineral supplement is a product that contains vitamins, minerals, and other nutrients. These supplements are used to provide nutrients that may not be consumed in sufficient amounts from the diet. The importance of vitamin and mineral supplements depends on the individual's needs.
Multivitamin:
Multivitamin is a combination of minerals and vitamins. It contains more than the required amount of some vitamins and minerals like Vitamin A, Vitamin D, calcium, iron B12 & folic acid. The multivitamin market is expected to witness significant growth over the forecast period owing to increasing awareness about its benefits such as improved immunity against infections & diseases along with enhanced bone health.
Single Vitamin:
Single vitamin is a nutritional supplement which contains one vitamin. There are different types of single vitamins available in the market such as Vitamin A, Vitamin D, Vitamin E and others. Single vitamins are used to treat certain deficiencies or illnesses related to vision, bone and dental health among others. The increasing aging population across the globe coupled with rising awareness regarding age-related ophthalmic disorders is expected to drive growth over the forecast period.
Application Insights:
Adults application segment dominated the global vitamin and mineral supplement market, accounting for more than 60.0% share of the total revenue in 2017. The growing geriatric population across the world is expected to be one of the major driving factors for this growth over next few years. According to United Nations (UN), there will be approximately 1.10 billion people aged 65 or above by 2030, globally from 2015 to 2030 which is expected to contribute towards significant growth of this segment during forecast period.
The children application segment was valued at USD 2,818 million in 2017 and is anticipated to witness a CAGR exceeding 8% from 2018 to 2030 owingto increasing awareness about providing proper nutrition intake especially among parents who had spent their entire life ensuring that their child gets all necessary nutrients required for its development along with other essential vitamins.
Regional Analysis:
North America was the largest market in 2017 owing to high awareness levels regarding health and fitness. The region is expected to maintain its dominance over the forecast period due to increasing geriatric population prone to chronic diseases, which require regular intake of vitamins and minerals for proper functioning of internal organs. Asia Pacific is projected to be the fastest-growing market from 2018 to 2030 due both children and adults need supplements as they lack of certain vital nutrients that are essential for good health. Moreover, rising disposable income levels will drive demand further in developing countries such as China, India, Indonesia among others.
Growth Factors:
- Increasing awareness about the benefits of vitamin and mineral supplements among consumers.
- Rising incidence of lifestyle diseases such as obesity, diabetes, and heart disease, which can be prevented or managed with regular intake of vitamin and mineral supplements.
- Growing popularity of preventive healthcare among consumers in developed countries.
- increasing demand for natural and organic dietary supplements products
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin and Mineral Supplement Market Research Report
By Type
Multivitamin, Single Vitamin, Multi Mineral, Single Mineral
By Application
Adults, Children
By Companies
SALUS Haus, Pfizer, Nature's Bounty, Daiichi Sankyo, CCMP Capital, AMWAY, Eisai, Sanofi, GNC, Otsuka Pharmaceutical, CSPC Pharmaceutical Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin and Mineral Supplement Market Report Segments:
The global Vitamin and Mineral Supplement market is segmented on the basis of:
Types
Multivitamin, Single Vitamin, Multi Mineral, Single Mineral
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adults, Children
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SALUS Haus
- Pfizer
- Nature's Bounty
- Daiichi Sankyo
- CCMP Capital
- AMWAY
- Eisai
- Sanofi
- GNC
- Otsuka Pharmaceutical
- CSPC Pharmaceutical Group
Highlights of The Vitamin and Mineral Supplement Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Multivitamin
- Single Vitamin
- Multi Mineral
- Single Mineral
- By Application:
- Adults
- Children
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vitamin and Mineral Supplement Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A vitamin and mineral supplement is a dietary supplement that contains vitamins and minerals.
Some of the major players in the vitamin and mineral supplement market are SALUS Haus, Pfizer, Nature's Bounty, Daiichi Sankyo, CCMP Capital, AMWAY, Eisai, Sanofi, GNC, Otsuka Pharmaceutical, CSPC Pharmaceutical Group.
The vitamin and mineral supplement market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vitamin and Mineral Supplement Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vitamin and Mineral Supplement Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vitamin and Mineral Supplement Market - Supply Chain
4.5. Global Vitamin and Mineral Supplement Market Forecast
4.5.1. Vitamin and Mineral Supplement Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vitamin and Mineral Supplement Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vitamin and Mineral Supplement Market Absolute $ Opportunity
5. Global Vitamin and Mineral Supplement Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vitamin and Mineral Supplement Market Size and Volume Forecast by Type
5.3.1. Multivitamin
5.3.2. Single Vitamin
5.3.3. Multi Mineral
5.3.4. Single Mineral
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vitamin and Mineral Supplement Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vitamin and Mineral Supplement Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. Children
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vitamin and Mineral Supplement Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vitamin and Mineral Supplement Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vitamin and Mineral Supplement Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vitamin and Mineral Supplement Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vitamin and Mineral Supplement Demand Share Forecast, 2019-2026
9. North America Vitamin and Mineral Supplement Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vitamin and Mineral Supplement Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vitamin and Mineral Supplement Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. Children
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vitamin and Mineral Supplement Market Size and Volume Forecast by Type
9.7.1. Multivitamin
9.7.2. Single Vitamin
9.7.3. Multi Mineral
9.7.4. Single Mineral
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vitamin and Mineral Supplement Demand Share Forecast, 2019-2026
10. Latin America Vitamin and Mineral Supplement Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vitamin and Mineral Supplement Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vitamin and Mineral Supplement Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. Children
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vitamin and Mineral Supplement Market Size and Volume Forecast by Type
10.7.1. Multivitamin
10.7.2. Single Vitamin
10.7.3. Multi Mineral
10.7.4. Single Mineral
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vitamin and Mineral Supplement Demand Share Forecast, 2019-2026
11. Europe Vitamin and Mineral Supplement Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vitamin and Mineral Supplement Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vitamin and Mineral Supplement Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. Children
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vitamin and Mineral Supplement Market Size and Volume Forecast by Type
11.7.1. Multivitamin
11.7.2. Single Vitamin
11.7.3. Multi Mineral
11.7.4. Single Mineral
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vitamin and Mineral Supplement Demand Share, 2019-2026
12. Asia Pacific Vitamin and Mineral Supplement Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vitamin and Mineral Supplement Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vitamin and Mineral Supplement Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. Children
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vitamin and Mineral Supplement Market Size and Volume Forecast by Type
12.7.1. Multivitamin
12.7.2. Single Vitamin
12.7.3. Multi Mineral
12.7.4. Single Mineral
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vitamin and Mineral Supplement Demand Share, 2019-2026
13. Middle East & Africa Vitamin and Mineral Supplement Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vitamin and Mineral Supplement Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vitamin and Mineral Supplement Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. Children
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vitamin and Mineral Supplement Market Size and Volume Forecast by Type
13.7.1. Multivitamin
13.7.2. Single Vitamin
13.7.3. Multi Mineral
13.7.4. Single Mineral
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vitamin and Mineral Supplement Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vitamin and Mineral Supplement Market: Market Share Analysis
14.2. Vitamin and Mineral Supplement Distributors and Customers
14.3. Vitamin and Mineral Supplement Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SALUS Haus
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pfizer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nature's Bounty
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Daiichi Sankyo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CCMP Capital
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AMWAY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eisai
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sanofi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GNC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Otsuka Pharmaceutical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CSPC Pharmaceutical Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
