Global Vitamin, Mineral & Supplements Market By Vitamin Type (Vitamin B Complex, Vitamin B1 (Thiamin), Vitamin B2 (Riboflavin), Vitamin B3 (Niacin), Vitamin B5 (Pantothenic Acid), Vitamin B6 (Pyridoxine), Vitamin B9 (Folic Acid), Vitamin C (Ascorbic Acid)), By Mineral Type, By Supplements Ingredient, By Supplements, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
The Global Vitamin, Mineral & Supplements Market is expected to reach USD 186.95 billion by 2025, from USD 106.80 billion in 2017 growing at a CAGR of 7.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years2015 and 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Company Share Analysis:
The Global Vitamin, Mineral & Supplements Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of vitamin, mineral & supplements market for global, Europe, North America, Asia Pacific and South America.
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Major Market Drivers and Restraints:
- To prevent disease outbreaks in livestock
- Planned growth of livestock sector in developing nations
- Demand for nutrition supplements for monogastric animals
- Regulatory control on supplement usage limits
- Lack of awareness
TOP Competitors of Market:
Some of the major players operating in the global vitamin, mineral & supplements market are:-
- Amway,
- Integrated BioPharma, Inc.,
- NBTY, Inc.,
- Herbalife Ltd.,
- Omega Protein Corporation,
- Nu Skin Enterprises, Inc.,
- Bayer AG,
- Naturalife Asia Co., Ltd.,
- Nu Skin Enterprises, Inc.,
- Blackmores Ltd.,
- BASF SE,
- Epax AS,
- Surya Herbal Ltd.,
- Koninklijke DSM N.V.,
- Bio-Botanica Inc.,
- The Himalaya Drug Company,
- Ricola AG,
- Pharmavite LLC,
- Blackmores Ltd.,
- Axellus AS
- among others.
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Key questions answered in this report:-
- What will the market size be in 2025 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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