North America Currently Holds Leading Position in Global Mineral Supplements Market

Published Date : Jan 07, 2016

The global mineral supplements market has showed a healthy growth over the past few years. Supported by the increasing awareness among people regarding preventive healthcare, the market is surrounded with lucrative opportunities as the demand for various mineral supplements such as cobalt, zinc, copper, folic acid, magnesium, iron, sulfur, phosphorus, chromium, calcium, and silicon in the form of pills, powder, granules, gel caps, tablets, capsules, and liquids are rising day by day.

Nowadays, the fast-paced lifestyle of people is leaving little time for them to have proper meals, turning them to mineral supplements. Apart from this, the inability to absorb significant nutrients from food faced by elderly people is also encouraging them to shift towards these supplements. All these factors together are stimulating the global mineral supplements market, indicating towards a thriving future. Here is a snapshot of the recent as well as upcoming activities in the worldwide mineral supplements market.

  • Young adults, who come under the age group of 18 to 30 years, are the major consumers of mineral supplements. Their increasing interest in fitness and healthcare is the main reason for this increased demand for mineral supplements from them.
  • The market for mineral supplements is also witnessing a surge in demand from women, owing to rising awareness pertaining to the benefits offered by these supplements.
  • North America leads the global mineral supplements market with a majority share. 
  • The Asia Pacific mineral supplements market is expected to post the fastest growth over the next few years among all the regional markets.
  • The augmenting urban population base in Asia Pacific is anticipated to present ample opportunities for market participants in the near future.

Herbalife Ltd., Amway, Atrium Innovations Inc., Bayer AG, BASF SE, Koninklijke DSM N.V., NBTY Inc., DuPont, Nu Skin Enterprises Inc., and Glanbia Plc. are the major producers of mineral supplements across the globe.