Vitamins And Mineral Supplement Global Market Report 2020-30: COVID-19 Implications and Growth provides the strategists, marketers and senior management with the critical information they need to assess the global vitamins and mineral supplement market.
This report focuses on vitamins and mineral supplement market which is experiencing strong growth. The report gives a guide to the vitamins and mineral supplement market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
Description:
Where is the largest and fastest growing market for the vitamins and mineral supplement market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Vitamins and Mineral Supplement market global answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider vitamins and mineral supplement market, and compares it with other markets.
Scope
Markets Covered:
1) By Type: Multivitamin; Single Vitamin; Multi Mineral; Single Mineral
2) By Application: Energy & Weight Management; General Health; Bone & Joint Health; Gastrointestinal Health; Immunity; Cardiac Health; Diabetes; Anti-cancer; Others
3) By Distribution Channel: Pharmacies & Drug Stores; Supermarkets & Hypermarkets; Online Channels
4) By End-User: Adults; Geriatric; Pregnant Women; Children; Infants
Companies Mentioned: SALUS Haus; Pfizer; Daiichi Sankyo; AMWAY; Eisai
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This report focuses on vitamins and mineral supplement market which is experiencing strong growth. The report gives a guide to the vitamins and mineral supplement market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the vitamins and mineral supplement market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Vitamins and Mineral Supplement market global answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider vitamins and mineral supplement market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The vitamins and mineral supplement market section of the report gives context. It compares the vitamins and mineral supplement market with other segments of the vitamins and mineral supplement market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, vitamins and mineral supplement market indicators comparison.
Scope
Markets Covered:
1) By Type: Multivitamin; Single Vitamin; Multi Mineral; Single Mineral
2) By Application: Energy & Weight Management; General Health; Bone & Joint Health; Gastrointestinal Health; Immunity; Cardiac Health; Diabetes; Anti-cancer; Others
3) By Distribution Channel: Pharmacies & Drug Stores; Supermarkets & Hypermarkets; Online Channels
4) By End-User: Adults; Geriatric; Pregnant Women; Children; Infants
Companies Mentioned: SALUS Haus; Pfizer; Daiichi Sankyo; AMWAY; Eisai
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Table of Contents
1. Executive Summary2. Vitamins and Mineral Supplement Market Characteristics26. Key Mergers And Acquisitions In The Vitamins and Mineral Supplement Market27. Vitamins and Mineral Supplement Market Trends And Strategies28. Vitamins and Mineral Supplement Market Future Outlook and Potential Analysis
3. Vitamins and Mineral Supplement Market Size And Growth
4. Vitamins and Mineral Supplement Market Segmentation
5. Vitamins and Mineral Supplement Market Regional And Country Analysis
6. Asia-Pacific Vitamins and Mineral Supplement Market
7. China Vitamins and Mineral Supplement Market
8. India Vitamins and Mineral Supplement Market
9. Japan Vitamins and Mineral Supplement Market
10. Australia Vitamins and Mineral Supplement Market
11. Indonesia Vitamins and Mineral Supplement Market
12. South Korea Vitamins and Mineral Supplement Market
13. Western Europe Vitamins and Mineral Supplement Market
14. UK Vitamins and Mineral Supplement Market
15. Germany Vitamins and Mineral Supplement Market
16. France Vitamins and Mineral Supplement Market
17. Eastern Europe Vitamins and Mineral Supplement Market
18. Russia Vitamins and Mineral Supplement Market
19. North America Vitamins and Mineral Supplement Market
20. USA Vitamins and Mineral Supplement Market
21. South America Vitamins and Mineral Supplement Market
22. Brazil Vitamins and Mineral Supplement Market
23. Middle East Vitamins and Mineral Supplement Market
24. Africa Vitamins and Mineral Supplement Market
25. Vitamins and Mineral Supplement Market Competitive Landscape And Company Profiles
29. Appendix
Executive Summary
Major players in the vitamins and mineral supplements market are SALUS Haus, Pfizer, Daiichi Sankyo, AMWAY, Eisai, Sanofi, GNC, CSPC Pharmaceutical Group, DSM, and Otsuka Holdings Co. Ltd.The global vitamins and mineral supplements market is expected to grow from $51.70 billion in 2019 to 61.16 billion in 2020 at a compound annual growth rate (CAGR) of 18.3%. The dietary supplement market, particularly the sale of vitamins and mineral supplements is skyrocketing during the COVID-19 pandemic. Vitamins and mineral supplements are seen as a proportion of control and are used by people to build their immunity to keep themselves healthy. Vitamins and minerals positively affect the health and wellness of the population. The market is then expected to stabilize and reach $74.61 billion in 2023 at a CAGR of 6.85%.
The vitamins and mineral supplements market consists of sales of vitamins and mineral supplements that improve the health and wellness of the population. The sales comprise of revenue generated by the establishments manufacturing vitamins and minerals. Vitamins and mineral supplements are available without a prescription and come in tablets, powders or liquids and provide sufficient vital nutrients and minerals that preserve or boost an individual's health.
North America was the largest region in the vitamins and minerals supplements market in 2019. Asia Pacific is expected to be the fastest-growing region in the forecast period.
The consumer preference moving towards organic supplements is a key trend in the vitamins and mineral supplement market. There was a suggested transition towards vegan & organic food in 2020, and this trend will shortly become a lifestyle for many people as COVID-19 is taking the world by storm. As a lot of people globally believe that the COVID crisis is associated with the consumption of animal meat, people will become more cautious of the food they consume and this can result in a significant rise in the demand for organic and vegan food products. Many small and medium enterprises have started to promote plant-based goods and diets in the product space. The coronavirus pandemic is accelerating the trend for organic food supplements.
The vitamins and mineral supplements market covered in this report is segmented by type into multivitamin; single vitamin; multi mineral; single mineral. It is also segmented by application into energy & weight management; general health; bone & joint health; gastrointestinal health; immunity; cardiac health; diabetes; anti-cancer; others, by distribution channel into pharmacies & drug stores; supermarkets & hypermarkets; online channels, and by end-user into adults; geriatric; pregnant women; children; infants.
The disruptions in supply chains for the production of supplements are a key factor hampering the growth of the vitamins and mineral supplement market. COVID-19 outbreak has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The economic crisis due to COVID-19 is also impacting dietary supplements by disrupting distribution networks. The supplements, which are economically important, have a fragile supply chain and failure in any stage of the supply chain from farms to dealers, haulers and distributors to manufacturers-can disrupt the entire chain. International Food Policy Research Institute (IFPRI) has gathered evidence of major disruptions to livestock production in China, and vegetables and fruits in Ethiopia, whereas Indian news reported a full-blown collapse in the production of dairy products, which is especially worrying the countries where milk and milk products remain key sources of primary nutrients for young children. Therefore, disruptions in supply chains for nutrient-rich foods are expected to hinder the growth of the vitamins and mineral supplement market.
In April 2020, American Regent Inc, a US manufacturer of pharmaceuticals for human and veterinary use with manufacturing sites in New York and Ohio, acquired Daiichi Sankyo for an undisclosed amount. This acquisition increases American Regent’s production and provides the opportunity to explore other products to manufacture, allowing the company to continue to find innovative ways of responding to customer needs. Daiichi Sankyo is a pharmaceutical company with its corporate origin in Japan.
The growing use of dietary supplements in the modern lifestyle is a key factor driving the growth of the vitamins and mineral supplement market. Nutrition plays an important role in maintaining immune system balance, and supplementation with the micronutrients such as vitamins C and D, Zinc and omega fatty acids within recommended upper safety limits is a safe, effective and low-cost strategy to help support optimal immune function in patients fighting COVID-19 and other respiratory tract diseases. In the case of COVID-19 patients, a variety of high-protein and fibre foods, including cookies, bread and rolls, have been developed by the Indian Research Institute. For example, to improve children's immunity, dietary supplement company Avida Health has launched a chocolate ball functional food in Singapore. A nutritional focus on the immune system could help minimize the impact of the current COVID-19 pandemic and other infections. Therefore, the implementation of dietary supplements in the lifestyle is expected to drive the growth of the vitamins and mineral supplement market.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- SALUS Haus
- Pfizer
- Daiichi Sankyo
- AMWAY
- Eisai
- Sanofi
- GNC
- CSPC Pharmaceutical Group
- DSM
- Otsuka Holdings Co. Ltd
- Puritan’s Pride
- Pharmavite
- Jamieson
- Webber Naturals
- Hainan Yangshengtang
- Nature’s Bounty
- CCMP Capital
- Pharmavite
- Suntory Holdings Ltd
- Glanbia PLC
- Glaxosmithkline PLC
- Abbott Laboratories
- Bayer AG
- Puritan's Pride
- General Nutrition CentersInc.
- Webber Naturals
- CSPC Pharmaceutical Group
- Hainan Yangshengtang
Methodology
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