Vitamin and Minerals Market, By Type (Vitamin A, Vitamin B & types, Vitamin C, Vitamin E, Calcium, Iron, Magnesium, Zinc, Others), Application (Food & Beverage, Suppliments, Pharmaceuticals, Animal Feed, Others), Region – Global Trends and Forecast to 2019
This report analyzes the vitamins & minerals market, in terms of geography, type and application.
The global vitamins & minerals market is projected to reach a value of $7.8 billion by 2019 growing at a CAGR of 6-7%. The Asia-Pacific region is the largest regional market and the U.S. is the second largest market for vitamins. The overall vitamins market is slated for steady growth, driven by a positive outlook in end-user sectors. Rising consumer awareness and an increase in purchasing power due to economic developments has fuelled the growth of sales of vitamins in the Asia-Pacific region.
Minerals are gaining importance in the global market, due to increased concerns about medical ailments such as neural tube defects, abnormal bowel function, osteoporosis, cardiac disorders, etc. Research and development activities are extensively undertaken by manufacturers to optimise the yield and quality of mineral ingredients. Calcium is the most extensively consumed mineral ingredient, since it is essential to maintain bone health. The markets of North-America, Europe, and Asia-Pacific hold a major market share for mineral nutrients. Increased per capita-income, affinity towards health and wellness and the demand for balanced nutrition by consumers has driven the mineral market to new heights.
Vitamins And Minerals Market Size (Value), by Geography, 2014 VS 2019
Source: Company Website, Online news, Food Ingredients Journals and MarketsandMarkets Analysis
The vitamins & minerals market is segmented as mentioned below:-
Vitamins & Minerals Market, By Type
- Vitamin A
- Vitamin B
- Vitamin C
- Vitamin E
- Calcium
- Iron
- Magnesium
- Zinc
- Others
By Application
- Food & Beverage
- Supplements
- Pharmaceuticals
- Animal Feed
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World (ROW)
Growth opportunities and latent adjacency in Vitamin and Minerals Market, By Type (Vitamin A, Vitamin B & types, Vitamin C, Vitamin E, Calcium, Iron, Magnesium, Zinc, Others), Application (Food & Beverage, Suppliments, Pharmaceuticals, Animal Feed, Others), Region