The North America Mineral Supplements Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030).
As health-conscious consumers become increasingly aware of the impact of nutrition on overall wellness, the mineral supplements market has witnessed significant growth and diversification. This growth is fueled by a confluence of factors, including the aging global population with specific nutritional needs, a surge in proactive health management, and advancements in supplement formulations and delivery systems.
In this context, the market is not only influenced by individual choices but also shaped by broader trends in health and wellness. Lifestyle shifts, cultural preferences, and the integration of minerals into fortified foods contribute to the complex dynamics of the market. As consumers seek holistic approaches to health, mineral supplements become integral components of balanced nutrition and preventive healthcare strategies.
As per the Government of Canada, in 2021, the number of motor vehicle fatalities was 1,768, up 1.3% from 2020 (1,746). Serious injuries increased to 8,185 in 2021, up 4% from 2020 (7,868). Furthermore, total injuries increased to 108,018 in 2021, up 3.6% from 2020 (104,286). Moreover, the number of fatalities per 100,000 population increase to 4.7 in 2021 (from 4.6 in 2020). Hence, the expansion of the e-commerce sector and increasing number of injuries are driving market growth in the region.
The US market dominated the North America Mineral Supplements Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,569 million by 2030. The Canada market would register a CAGR of 7.5% during (2023 - 2030). Additionally, The Mexico market is showcasing a CAGR of 6.6% during (2023 - 2030).
Based on Sales Channel, the market is segmented into Pharmacies & Drug Stores, Supermarkets & Hypermarkets, and Online Channels. Based on Formulation, the market is segmented into Tablet, Capsule, Powder, Liquid/Gel & Others. Based on Application, the market is segmented into General Health, Bone & Joint health, Gastrointestinal Health, Immunity, and Others. Based on End-use, the market is segmented into Adults, Geriatric, Pregnant Women, Children, and Infants. Based on Product, the market is segmented into Calcium, Zinc, Chromium, Magnesium, Selenium, Iron, Potassium, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
As health-conscious consumers become increasingly aware of the impact of nutrition on overall wellness, the mineral supplements market has witnessed significant growth and diversification. This growth is fueled by a confluence of factors, including the aging global population with specific nutritional needs, a surge in proactive health management, and advancements in supplement formulations and delivery systems.
In this context, the market is not only influenced by individual choices but also shaped by broader trends in health and wellness. Lifestyle shifts, cultural preferences, and the integration of minerals into fortified foods contribute to the complex dynamics of the market. As consumers seek holistic approaches to health, mineral supplements become integral components of balanced nutrition and preventive healthcare strategies.
As per the Government of Canada, in 2021, the number of motor vehicle fatalities was 1,768, up 1.3% from 2020 (1,746). Serious injuries increased to 8,185 in 2021, up 4% from 2020 (7,868). Furthermore, total injuries increased to 108,018 in 2021, up 3.6% from 2020 (104,286). Moreover, the number of fatalities per 100,000 population increase to 4.7 in 2021 (from 4.6 in 2020). Hence, the expansion of the e-commerce sector and increasing number of injuries are driving market growth in the region.
The US market dominated the North America Mineral Supplements Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,569 million by 2030. The Canada market would register a CAGR of 7.5% during (2023 - 2030). Additionally, The Mexico market is showcasing a CAGR of 6.6% during (2023 - 2030).
Based on Sales Channel, the market is segmented into Pharmacies & Drug Stores, Supermarkets & Hypermarkets, and Online Channels. Based on Formulation, the market is segmented into Tablet, Capsule, Powder, Liquid/Gel & Others. Based on Application, the market is segmented into General Health, Bone & Joint health, Gastrointestinal Health, Immunity, and Others. Based on End-use, the market is segmented into Adults, Geriatric, Pregnant Women, Children, and Infants. Based on Product, the market is segmented into Calcium, Zinc, Chromium, Magnesium, Selenium, Iron, Potassium, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Glanbia PLC
- Nestle S.A.
- Herbalife nutrition Ltd.
- Sanofi S.A.
- Amway Corporation
- Bayer Ag
- Omega Protein Corporation (Cooke, Inc.)
- Pharmavite LLC
- Koninklijke DSM N.V.
- Nu Skin Enterprises, Inc.
Market Report Segmentation
By Sales Channel- Pharmacies & Drug Stores
- Supermarkets & Hypermarkets
- Online Channels
- Tablet
- Capsule
- Powder
- Liquid/Gel & Others
- General Health
- Bone & Joint health
- Gastrointestinal Health
- Immunity
- Others
- Adults
- Geriatric
- Pregnant Women
- Children
- Infants
- Calcium
- Zinc
- Chromium
- Magnesium
- Selenium
- Iron
- Potassium
- Others
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. North America Mineral Supplements Market by Sales Channel
Chapter 6. North America Mineral Supplements Market by Formulation
Chapter 7. North America Mineral Supplements Market by Application
Chapter 8. North America Mineral Supplements Market by End-use
Chapter 9. North America Mineral Supplements Market by Product
Chapter 10. North America Mineral Supplements Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Glanbia PLC
- Nestle S.A.
- Herbalife nutrition Ltd.
- Sanofi S.A.
- Amway Corporation
- Bayer Ag
- Omega Protein Corporation (Cooke, Inc.)
- Pharmavite LLC
- Koninklijke DSM N.V.
- Nu Skin Enterprises, Inc.
Methodology
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