Next-Gen Mineral Supplements : Market Forecast, Transformation, and Long-Term Trajectories
Discover trends, market shifts, and competitive outlooks for the mineral supplements industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Are the Key Milestones in the Mineral Supplements Market’s Growth Trajectory From 2025 To 2034?
In the past few years, there has been a substantial growth in the market size of mineral supplements. It is projected to expand from $16.58 billion in 2024 to $17.93 billion in 2025 at a Compound Annual Growth Rate (CAGR) of 8.1%. This notable growth during the historic period can be credited to the heightened attention towards health and wellness, an increase in the prevalence of mineral deficiencies, an aging demographic, a surge in interest towards preventive healthcare, and the modification of dietary habits and lifestyles.
The mineral supplement industry is projected to experience robust growth in the coming years, expanding to a market size of $24.15 billion in 2029 with a compound annual growth rate (CAGR) of 7.7%. This expansion during the forecast period can be attributed to factors such as the surge in personalized nutrition, rising demand for organic and natural products, increase in disposable income in emerging markets, and the focus on transparent product labeling and traceability. Consumers’ growing interest in sustainable and ethically sourced products also contributes to this growth. Key trends expected during the forecast period involve a shift towards plant-based mineral supplements, the development of mineral formulations catering to specific demographic groups, innovative delivery formats like gummies and dissolvable tablets, the development of custom mineral supplement solutions to cater to individual requirements, and elevated focus on ingredients backed by scientific evidence and research.
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What Are the Core Growth Drivers Propelling the Mineral Supplements Market Forward?
The surge in sports and fitness activities is projected to propel the mineral supplement market. These activities, which vary in physical intensity, strive to enhance health, physical fitness, and sports performance. The rise in these activities can be attributed to increased health awareness, easy access to health facilities, and societal focus on well-being. Mineral supplements are a fantastic addition to a balanced diet as they cater to the amplified mineral requirements of athletes and fitness buffs involved in intense or long-term physical activities. For example, as per the Sports and Fitness Industry Association (SFIA), a non-profit organization based in the US, in February 2023, 77.6% of all Americans, which equates to 236.9 million individuals, were involved in a minimum of one sports activity in the 2022 calendar year, reflecting a 1.9% boost from 2021. In addition, Pickleball’s popularity has skyrocketed, making it the fastest-growing sport in America. The participation nearly doubled in 2022, showing an 85.7% increment year-over-year and an impressive growth of 158.6% over three years. Consequently, the escalation in sports and fitness activities is fuelling the growth of the mineral supplements market.
Which Key Market Segments Comprise the Mineral Supplements Market and Drive Its Revenue Growth?
The mineral supplements market covered in this report is segmented –
1) By Product: Calcium, Magnesium, Iron, Potassium, Zinc, Chromium, Selenium, Other Products
2) By Formulation: Capsule, Tablet, Powder, Liquid Or Gel, Other Formulations
3) By Sales Channel: Pharmacies And Drug Stores, Supermarkets And Hypermarkets, Online Channels
4) By Application: General Health, Bone And Joint Health, Gastrointestinal Health, Immunity, Other Applications
5) By End Use: Adults, Geriatric, Pregnant Women, Children, Infants
Subsegments:
1) By Calcium: Calcium Carbonate, Calcium Citrate, Calcium Gluconate, Calcium Lactate
2) By Magnesium: Magnesium Citrate, Magnesium Oxide, Magnesium Glycinate, Magnesium Sulfate
3) By Iron: Ferrous Sulfate, Ferrous Fumarate, Ferrous Gluconate, Iron Polysaccharide Complex
4) By Potassium: Potassium Chloride, Potassium Citrate, Potassium Gluconate
5) By Zinc: Zinc Gluconate, Zinc Sulfate, Zinc Picolinate, Zinc Acetate
6) By Chromium: Chromium Picolinate, Chromium Chloride, Chromium Nicotinate
7) By Selenium: Selenium Methionine, Sodium Selenite, Selenomethionine
8) By Other Products: Manganese Supplements, Copper Supplements, Iodine Supplements, Phosphorus Supplements
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Which Geographic Areas Hold the Strongest Growth Potential in the Mineral Supplements Market?
North America was the largest region in the mineral supplements market in 2024. The regions covered in the mineral supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Current Market Growth and Trends in the Mineral Supplements Industry?
In the mineral supplements market, firms are investing in the creation of novel oral nutrition supplements (ONS) to cater to the changing needs and tastes of consumers. ONS, or oral liquid supplements, are specially formulated dietary products intended for those struggling to meet their nutritional needs. For example, Arla Foods Ingredients, a Denmark-based supplier of ingredients for infant nutrition, medical applications, and sports nutrition, launched juice-style ONS, a fresh approach to enhancing protein content in medical nutrition, in May 2023. The ONS juice-style beverages from Arla Foods Ingredients stand out as a unique dietary beverage that provides 7% more protein without compromising taste or texture. They contain Lacprodan BLG-100, a pure beta-lactoglobulin with an impressive nutritional composition. The innovative solution is devoid of fat, and the inclusion of BLG-100 ensures minimal viscosity and product stability throughout its shelf life. It is less astringent than conventional ONS juice-style products, resulting in a more palatable texture, which promotes dietary adherence in the medical field.
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How Is the Mineral Supplements Market Conceptually Defined?
Mineral supplements are ingestible substances containing essential minerals, such as calcium, iron, and zInc., aimed at fulfilling dietary requirements that may not be met through regular food intake. The uses of these supplements include supporting bone health, aiding in metabolism, and replenishing mineral deficiencies in the body. It can support overall health and address specific deficiencies.
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