2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Industry-Specific Factors Are Fueling the Growth of theVitamin and Minerals Market?

The increasing use of dietary supplements in modern lifestyles is driving the growth of the vitamin and mineral supplement market. Supplements with micronutrients such as vitamins C and D, zinc, and omega fatty acids are widely used to support immune function, especially in patients battling COVID-19 and other respiratory diseases. Products like functional foods aimed at boosting immunity in children are also contributing to the market’s growth, as dietary supplements become a key part of health management.

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#What Are the Key Projections for the CAGR of the Vitamin and Minerals Market From 2025 to 2034?

The vitamin and minerals market size has declined in recent years. It will decline from $24.01 billion in 2024 to $23.29 billion in 2025 at a compound annual growth rate (CAGR) of -3.0%. The decline is attributed to stricter regulations on health supplements, economic downturns, supply chain disruptions, and shifts in consumer preferences.

The vitamin and minerals market is forecast to grow steadily, reaching $29.89 billion by 2029 at a CAGR of 6.4%. This growth will be driven by the rise in plant-based and specialty diets, a focus on immune health, the health management of the elderly population, women’s health and prenatal nutrition, and the growing trend of personalized nutrition and wellness. Major trends include innovative delivery formats, natural and clean-label products, the growth of the nutricosmetics market, age-specific supplements, and a focus on sports and fitness nutrition.

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Which Cutting-Edge Market Trends Are Expected to Drive theVitamin and Minerals Market’s Growth?

The preference for organic supplements is a key trend in the vitamins and minerals market. In August 2024, the United States Department of Agriculture reported that US consumer demand for organic products surpassed $69 billion in 2023, representing about 4% of total food sales. This growing demand, accelerated by the COVID-19 pandemic, has led many small and medium enterprises to promote plant-based products and diets in the market.

Which Companies Are Leading the Charge in Expanding theVitamin and Minerals Market Growth?

Major companies operating in the vitamin and minerals market include Pfizer Limited, BASF Aktiengesellschaft., Bayer AG, Abbott Laboratories, Glaxosmithkline PLC, Suntory Holdings Ltd, Otsuka Holdings Co. Ltd, Daiichi Sankyo Company Limited, AMWAY India Enterprises Pvt. Ltd, Salus Haus, Nestle Health Science, Lonza Group, Eisai Co. Ltd., Glanbia PLC, DuPont Nutrition & Health, CSPC Pharmaceutical Group, The Bountiful Company, JamiesonWellness Inc, Pharmavite LLC., Nature’s Bounty Co., Sanofi India Limited, General Nutrition Centers Inc., General Nutrition CentersInc., Puritan’s Pride, CCMP Capital, Webber NaturalsPharmaceuticals Ltd., Webber Naturals, DSM Nutritional Products AG, Hainan Yangshengtang, Hainan Yangshengtang, Archer Daniels Midland, Cargill Incorporated, Glanbia Nutritionals, Herbalife Nutrition Ltd., Naturex (Part of Givaudan), NOW Health Group, Probiotics International Ltd, Vitabiotics Ltd.

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How is the Global Vitamin and Minerals Market Segemented?

The vitamin and minerals market covered in this report is segmented –

1) By Type: Multivitamin, Single Vitamin, Multi Mineral, Single Mineral

2) By Application: Energy And Weight Management, General Health, Bone And Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Other Applications

3) By Distribution Channel: Pharmacies And Drug Stores, Super markets And Hyper markets, Online Channels

4) By End-User: Adults, Geriatric, Pregnant Women, Children, Infants

Subsegments:

1) By Multivitamin: Tablet Or Capsule Multivitamins, Powder Multivitamins, Gummies Multivitamins

2) By Single Vitamin: Vitamin A, Vitamin B Complex, Vitamin C, Vitamin D, Vitamin E, Vitamin K

3) By Multi Mineral: Calcium And Magnesium, Iron And Zinc, Combination Mineral Formulas

4) By Single Mineral: Calcium, Iron, Magnesium, Zinc, Potassium

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Which Geographics are Influencing the Growth of the Vitamin and Minerals Market?

The countries covered in the vitamin and minerals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

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