Understanding Key Drivers and Growth Opportunities in the Mineral Supplements Market: Trends and Market Size Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Factors Are Propelling the Market Growth of theMineral Supplements Market from 2025 to 2034?
The upward trend in sports and fitness activities is poised to propel the growth of the mineral supplement market. These activities, which range from basic fitness to high-performance athletics, are aimed at enhancing health, physical fitness, and athletic prowess. The surge in these activities can largely be attributed to the growing health consciousness, availability of wellness facilities, and a societal focus on holistic health. Mineral supplements provide the additional nutrients required by athletes and fitness enthusiasts involved in intense and extended workouts, thereby complementing a balanced diet. For example, the Sports and Fitness Industry Association (SFIA), a non-profit establishment in the US, revealed in February 2023 that 77.6% of the total US population, equating to 236.9 million individuals, participated in at least one sports activity in 2022, depicting a rise of 1.9% from 2021. Adding to the trend, Pickleball, currently the fastest-growing sport in America, saw its participation practically double in 2022, marking an 85.7% annual increase and a massive 158.6% growth over a three-year span. As a result, the acceleration in sports and fitness activities is pushing the demand for mineral supplements.
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#How Will the CAGR of the Mineral Supplements Market Influence Its Overall Growth by 2034?
In recent times, the mineral supplements market has experienced significant expansion. The market is projected to soar from $16.58 billion in 2024 to $17.93 billion in 2025, registering a compound annual growth rate (CAGR) of 8.1%. Factors that contributed to the growth during the historical period include heightened awareness about health and wellness, increasing cases of mineral deficiencies, an aging population, an uptick in interest towards preventive healthcare, and evolving dietary habits and lifestyles.
Expectations for the mineral supplements market predict a robust expansion in the coming years, with projections placing its value at $24.15 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.7%. Several factors fuel this expected growth, such as the increasing popularity of personalized nutrition, heightened consumer interest in natural and organic products, growth of disposable incomes in developing markets, and the focus on transparent product labeling as well as traceability. Additionally, consumer awareness of sustainability and ethical sourcing has grown, contributing to market expansion. Key forecasted trends include an upsurge in plant-based mineral supplements, new targeted mineral formulations for specific population groups, adoption of innovative delivery methods like gummies and dissolvable tablets, increased availability of customized mineral supplement solutions to meet individual requirements, and a growing emphasis on the utilisation of evidence-based ingredients backed by scientific research.
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How Are Market Trends and Innovations Revolutionizing theMineral Supplements Industry in Recent Times?
Firms in the mineral supplement domain are prioritizing the advancement of inventive oral nutrition supplements (ONS) to accommodate changing consumer needs and preferences. Oral nutritional supplements, also known as oral liquid supplements, are dietary items crafted to provide extra nutrients, energy, and calories to those struggling to fulfill their nutritional demands. For example, in May 2023, Arla Foods Ingredients, a Denmark-based provider of ingredients for baby food, medical uses, and sports nutrition, launched a juice-style oral nutrition supplement (ONS). By introducing a unique solution for enhancing protein content in medical nutrition, the aim was to provide a unique dietary beverage that has 7% more protein without compromising on taste or texture. The ONS juice-style drink incorporated Lacprodan BLG-100, which is a pure beta-lactoglobulin with a superior nutritional profile. Furthermore, being fat-free, it lets the inclusion of BLG-100 offer very low viscosity and stability for the product throughout its life on the shelf. It also provides a more enjoyable taste and texture than the conventional ONS juice-style products, promoting adherence to medical nutrition advice.
Which Key Market Players Are Shaping the Future and Growth of theMineral Supplements Market?
Major companies operating in the mineral supplements market are Cargill Incorporated, Nestlé S.A., Archer Daniels Midland Company, Pfizer Inc., BASF SE, Bayer AG, Sanofi SA, Abbott Laboratories, GlaxoSmithKline PLC, Otsuka Holdings Co. Ltd., DSM (Koninklijke DSM NV), Amway Corp., Glanbia plc., Orkla, Herbalife International of America Inc., GNC Holdings Inc., Kirkland Signature, Nature’s Way Products LLC, Atrium Innovations Inc., Omega Protein Corporation, NOW Health Group Inc., Ricola, Himalaya Wellness Company, Blackmores Limited, Vitabiotics Ltd., MegaFood, Bio Botanica Inc., Pharmavite LLC
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What Are the Core Segments of the Mineral Supplements Market, and How Do They Contribute to 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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What Regions Are Dominating the Mineral Supplements Market Growth?
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.
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