The global mineral supplements market has reached a valuation of $20 billion in 2021, indicating a strong growth trajectory that holds promise for the future. The market’s expansion is attributed to prevalent nutritional deficiencies and evolving lifestyle trends. The recently published report investigates the driving factors behind the surge in mineral supplements sales and highlights key categories with significant business potential.
For More Industry Insights Read: https://www.fairfieldmarketresearch.com/report/mineral-supplements-market
The growth of the mineral supplements market is closely linked to the widespread occurrence of nutritional deficiencies and shifts in lifestyle patterns across the world. Sedentary lifestyles, coupled with poor dietary choices and irregular eating habits, have contributed to a rise in nutritional deficiencies among the general population. The absence of essential vitamins and minerals necessary for proper bodily function has prompted an increased adoption of mineral supplements. The growing awareness of the complications arising from mineral deficiencies, including weakened bones, compromised immunity, and fatigue, has further propelled this trend.
Mineral supplements have garnered attention for their potential in halting the progression of fatty liver disease, a condition with a significant global prevalence. The adoption of lifestyle changes and nutrient-rich diets to prevent the development of non-alcoholic fatty liver disease (NAFLD) has created opportunities for the mineral supplements market. This trend is expected to drive growth in the mineral supplements market in the coming years.
Calcium, a vital mineral, contributes significantly to the revenue of the mineral supplements market. The increasing prevalence of osteoporosis and arthritis, particularly among the elderly and female populations, has driven demand for calcium supplements. Addressing deficiencies and mitigating the risk of bone-related conditions is expected to drive sustained growth in the calcium supplements market.
Similarly, there is a growing demand for potassium supplements due to heightened awareness of their benefits. Potassium supplements play a crucial role in regulating fluid balance, muscle contraction, and nerve impulse transmission. Additionally, they contribute to lowering blood pressure, reducing the risk of cardiovascular disorders and strokes. The preventive effects of potassium supplements against kidney stones have further fueled their demand, supporting market expansion.
The Asia Pacific region is leading the global mineral supplements market, driven by the increasing prevalence of chronic illnesses in emerging economies. The growing geriatric population, combined with rising awareness among millennials about incorporating supplements into their diets, is propelling market growth. Moreover, the prevalence of mineral deficiencies across Asian countries is projected to drive sales of mineral supplements, especially in regions where deficiencies in minerals like copper and zinc have been identified.
The competitive landscape of the mineral supplements market is marked by dynamic developments, including product innovations, collaborations, acquisitions, and capacity expansions. Key players like Abbot, Sanofi, Glanbia Plc., Herbalife International, Bayer AG, and others are actively contributing to the market’s evolution and ongoing innovation, indicating its potential for sustained growth in the foreseeable future.
Related Reports:
Wellness Supplements Market: https://www.fairfieldmarketresearch.com/report/wellness-supplements-market
Botanical Supplements Market: https://www.fairfieldmarketresearch.com/report/botanical-supplements-market