Vitamin and Mineral Supplement Market Sluggish Growth Rate Foreseen by 2022-2028

The Vitamin and Mineral Supplement Market size is expected to grow at an annual average of CAGR 6% during the forecast period (2022-2028). The vitamin and mineral supplements market comprises the sales of vitamin and mineral supplements that improve the health and well-being of the population. Sales consist of revenue generated by facilities that manufacture vitamins and minerals. Vitamin and mineral supplements are available over-the-counter, in tablet, powder or liquid form, and provide sufficient essential nutrients and minerals to preserve or improve an individual’s health. The main types of vitamin and mineral supplements are multivitamins, monovitamins, multiminerals, and monominerals. Multivitamins are dietary supplements that contain all or most of the vitamins your body does not produce. The various distribution channels involved are pharmacies and pharmacies, supermarkets and hypermarkets and online channels used for energy and weight management, general health, bone and joint health, gastrointestinal health, immunity, heart health, diabetes, cancer, and more. .

The following segmentation are covered in this report:

By Application

• Food & Beverage
• Supplements
• Pharmaceuticals
• Animal Feed
• Others

By Type

• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin E
• Calcium
• Iron
• Magnesium
• Zinc
• Others

Company Profile

• Herbalife Nutrition Ltd. (US)
• Nature’s Bounty Co. (US)
• Glanbia PLC (Ireland)
• Abbott Laboratories (US)
• Amway Corp (US)
• Bayer AG (Germany)
• Nature’s Way Products, LLC (US)
• GlaxoSmithKline plc (UK)
• Otsuka Holdings Co. (Japan)
• Nu Skin Enterprises, Inc. (US)

Scope of the report

The research study analyses the Vitamin and  Mineral Supplement Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Vitamin and Mineral Supplement Market Report

• What was the Vitamin and Mineral Supplement Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Vitamin and Mineral Supplement Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Vitamin and Mineral Supplement Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.