Global mineral supplements market is set to witness a substantial CAGR of 7.7% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. The increased market growth can be identified by increasing urbanization and rising geriatric population.
Mineral supplements market report is sure to guide you in one or the other way to accomplish one of the most important goals of every business i.e. gaining maximum return on investment (ROI). To bring about the same, this market research report offers an insightful market data and information about food&beverage industry to businesses for making better decisions and defining business strategies. This mineral supplements report contains a key data and information about the market, emerging trends, product usage, motivating factors for customers and competitors, restraints, brand positioning, and customer behaviour. All these factors are very noteworthy when it comes to achieve a success in the competitive marketplace.
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Competitive Analysis:
Global mineral supplements market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares mineral supplements market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in global mineral supplements market are Omega Protein Corporation, Bio Botanica, Inc, BioPharma Services Inc, Pharmavite LLC, DSM, Nu Skin, Herbalife International of America, Inc, Glanbia, Plc, Atrium Innovations Inc, BASF SE, Amway, Bayer AG, Dow, Otsuka Pharmaceutical Co., Ltd., NaturaLife Asia Co., Ltd, Epax, Himalaya Wellness, Ricola, Orkla, Abbott, Nestle and Cargill, Incorporated among others.
Reasons to Purchase this Report
Current and future of global mineral supplements market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Market Drivers
Increasing urbanization is driving the market growth
Rising geriatric population will propel the growth of the market
Growing awareness about preventive healthcare is also boosting the market growth
Increasing prevalence of diseases, such as cancer and diabetes is a driver for the market
Market Restraints
Increasing availability of counterfeit products will restrain the market growth
Dearth of quality check may hinder the growth of the market in the forecast period
Inappropriate labeling will also hamper the market growth
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Segmentation: Global Mineral Supplements Market
By Application
Pharmaceuticals
Food and Beverages
Others
By Product
Calcium
Magnesium
Iron
Potassium
Zinc
Chromium
Selenium
Others
By End-User
Adult Women
Adult Men
Senior Citizens
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In October, 2017, Cooke Aquaculture Inc, acquired Omega Protein Corporation a leading company and provider of oil and protein products. With this agreement Omega Protein will be providing a strategy for the diversification in the supply side of the business
In March, 2017, Pharmavite LLC subsidiaries launched new product “omega-3”, with Xtra absorbs technology which is designed to provide fast absorption for heart healthy omega-3 fatty acids. With this product launch company has enhanced their business in the market
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Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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