Global Mineral Supplement Tablets Market Size, Share & Trends Analysis Report by Type (Calcium, Magnesium, Iron, Potassium, and Others) and Forecast 2020-2026
The global mineral supplement tablets market is projected to witness considerable growth during the forecast period. Minerals are essential for neurotransmitter synthesis and hormonal balance. The major factors contributing to the growth of the market include the high prevalence of diseases such as cancer, diabetes, and anemia. In addition, the rise in e-commerce portals and the fast-moving lifestyle is certainly increasing the demand for mineral supplement tablets across the globe. The mineral supplement tablets market is classified on the basis of type of minerals, which includes calcium, magnesium, iron, potassium, and others. Among these range of minerals, the calcium segment contributes significantly in the growth of the mineral supplement tablets market. Rising number of osteoporosis is augmenting the demand for calcium across the globe.
Geographically, the global mineral supplement tablets market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to contribute a significant share in the global market. The growing consumption of minerals supplements for health benefits and fitness is majorly driving the market growth in the region. Furthermore, government initiatives towards use of dietary supplements for health benefits further propel the market growth. For instance, in the US the recommended intake of dietary supplements is being decided by the Food and Nutrition Board of the Institute of Medicine. In addition, Asia-Pacific is expected to project a considerable growth during the forecast period. This growth is backed by the high demand for mineral supplements and the adoption of probiotics-based supplements as the growing awareness among consumers in the region, especially in China and Japan.
The global mineral supplement tablets market is influenced by product development and advancements conducted by the market players. The key players of the mineral supplement tablets market include Abbott Laboratories, Bayer AG, GlaxoSmithKline PLC, Now Health Group Inc., Pfizer Inc., The Nature's Bounty Co., Amway Corp., and Nature Made (Pharmavite LLC). These players are playing a significant role in the growth of the mineral supplement tablets market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
Research Methodology
The market study of the global mineral supplement tablets market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.
Secondary sources include:
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global Mineral Supplement Tablets Market Research and Analysis by Type
The Report covers:
The global mineral supplement tablets market is projected to witness considerable growth during the forecast period. Minerals are essential for neurotransmitter synthesis and hormonal balance. The major factors contributing to the growth of the market include the high prevalence of diseases such as cancer, diabetes, and anemia. In addition, the rise in e-commerce portals and the fast-moving lifestyle is certainly increasing the demand for mineral supplement tablets across the globe. The mineral supplement tablets market is classified on the basis of type of minerals, which includes calcium, magnesium, iron, potassium, and others. Among these range of minerals, the calcium segment contributes significantly in the growth of the mineral supplement tablets market. Rising number of osteoporosis is augmenting the demand for calcium across the globe.
Geographically, the global mineral supplement tablets market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to contribute a significant share in the global market. The growing consumption of minerals supplements for health benefits and fitness is majorly driving the market growth in the region. Furthermore, government initiatives towards use of dietary supplements for health benefits further propel the market growth. For instance, in the US the recommended intake of dietary supplements is being decided by the Food and Nutrition Board of the Institute of Medicine. In addition, Asia-Pacific is expected to project a considerable growth during the forecast period. This growth is backed by the high demand for mineral supplements and the adoption of probiotics-based supplements as the growing awareness among consumers in the region, especially in China and Japan.
The global mineral supplement tablets market is influenced by product development and advancements conducted by the market players. The key players of the mineral supplement tablets market include Abbott Laboratories, Bayer AG, GlaxoSmithKline PLC, Now Health Group Inc., Pfizer Inc., The Nature's Bounty Co., Amway Corp., and Nature Made (Pharmavite LLC). These players are playing a significant role in the growth of the mineral supplement tablets market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
Research Methodology
The market study of the global mineral supplement tablets market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook.
In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global Mineral Supplement Tablets Market Research and Analysis by Type
The Report covers:
- Comprehensive research methodology of the global mineral supplement tablets market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global mineral supplement tablets market.
- Insights about market determinants which are stimulating the global market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- Abbott Laboratories
- Amway Corp.
- BASF SE
- Bayer AG
- Carlyle Nutritionals LLC
- Deva Nutrition LLC
- Glanbia plc
- GlaxoSmithKline PLC
- Herbalife International, Inc.
- Klean Athletes
- Koninklijke DSM N.V.
- Laboratoires ARKOPHARMA
- Nature Made (Pharmavite LLC)
- Now Health Group Inc.
- Otsuka Pharmaceuticals Co., Ltd.
- Pfizer Inc.
- Pure Encapsulations, Inc.
- The Nature's Bounty Co.