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LAMEA Mineral Supplements Market Size, Share & Trends Analysis Report By Sales Channel, By Formulation (Tablet, Capsule, Powder, Liquid/Gel & Others), By Application, By End-use, By Product, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 164 Pages
  • February 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5943328
Description Jump to:
The Latin America, Middle East and Africa Mineral Supplements Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030).

The mineral supplements market stands at the intersection of health and nutrition, catering to the evolving needs of individuals seeking comprehensive well-being. In a world where dietary habits, lifestyles, and demographic shifts influence health outcomes, mineral supplements have become pivotal contributors to maintaining optimal nutritional balance.

Moreover, mineral supplements are crucial in addressing nutritional deficiencies arising from inadequate dietary choices, restricted diets, or the natural aging process. With a focus on minerals like calcium, iron, magnesium, zinc, and potassium, these supplements provide a targeted approach to supporting bone health, immune function, cardiovascular well-being, and various physiological processes essential for vitality.

Integrating nutritional considerations into healthcare practices, collaborations between pharmaceutical and supplement manufacturers, and increased consumer awareness facilitated by the pharmaceutical industry's growth in Saudi Arabia contribute to the overall development of the mineral supplements market in the region. Therefore, the growth of the pharmaceutical industry and rising expenditure in the health sector is propelling the growth of the market.

The Brazil market dominated the LAMEA Mineral Supplements Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $507.9 million by 2030 The Argentina market is registering a CAGR of 7.8% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 6.9% during (2023 - 2030).

Based on Sales Channel, the market is segmented into Pharmacies & Drug Stores, Supermarkets & Hypermarkets, and Online Channels. Based on Formulation, the market is segmented into Tablet, Capsule, Powder, Liquid/Gel & Others. Based on Application, the market is segmented into General Health, Bone & Joint health, Gastrointestinal Health, Immunity, and Others. Based on End-use, the market is segmented into Adults, Geriatric, Pregnant Women, Children, and Infants. Based on Product, the market is segmented into Calcium, Zinc, Chromium, Magnesium, Selenium, Iron, Potassium, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Glanbia PLC
  • Nestle S.A.
  • Herbalife nutrition Ltd.
  • Sanofi S.A.
  • Amway Corporation
  • Bayer Ag
  • Omega Protein Corporation (Cooke, Inc.)
  • Pharmavite LLC
  • Koninklijke DSM N.V.
  • Nu Skin Enterprises, Inc.

Market Report Segmentation

By Sales Channel
  • Pharmacies & Drug Stores
  • Supermarkets & Hypermarkets
  • Online Channels
By Formulation
  • Tablet
  • Capsule
  • Powder
  • Liquid/Gel & Others
By Application
  • General Health
  • Bone & Joint health
  • Gastrointestinal Health
  • Immunity
  • Others
By End-use
  • Adults
  • Geriatric
  • Pregnant Women
  • Children
  • Infants
By Product
  • Calcium
  • Zinc
  • Chromium
  • Magnesium
  • Selenium
  • Iron
  • Potassium
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Mineral Supplements Market, by Sales Channel
1.4.2 LAMEA Mineral Supplements Market, by Formulation
1.4.3 LAMEA Mineral Supplements Market, by Application
1.4.4 LAMEA Mineral Supplements Market, by End-use
1.4.5 LAMEA Mineral Supplements Market, by Product
1.4.6 LAMEA Mineral Supplements Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Mineral Supplements Market.
Chapter 5. LAMEA Mineral Supplements Market by Sales Channel
5.1 LAMEA Pharmacies & Drug Stores Market by Country
5.2 LAMEA Supermarkets & Hypermarkets Market by Country
5.3 LAMEA Online Channels Market by Country
Chapter 6. LAMEA Mineral Supplements Market by Formulation
6.1 LAMEA Tablet Market by Country
6.2 LAMEA Capsule Market by Country
6.3 LAMEA Powder Market by Country
6.4 LAMEA Liquid/Gel & Others Market by Country
Chapter 7. LAMEA Mineral Supplements Market by Application
7.1 LAMEA General Health Market by Country
7.2 LAMEA Bone & Joint health Market by Country
7.3 LAMEA Gastrointestinal Health Market by Country
7.4 LAMEA Immunity Market by Country
7.5 LAMEA Others Market by Country
Chapter 8. LAMEA Mineral Supplements Market by End-use
8.1 LAMEA Adults Market by Country
8.2 LAMEA Geriatric Market by Country
8.3 LAMEA Pregnant Women Market by Country
8.4 LAMEA Children Market by Country
8.5 LAMEA Infants Market by Country
Chapter 9. LAMEA Mineral Supplements Market by Product
9.1 LAMEA Calcium Market by Country
9.2 LAMEA Zinc Market by Country
9.3 LAMEA Chromium Market by Country
9.4 LAMEA Magnesium Market by Country
9.5 LAMEA Selenium Market by Country
9.6 LAMEA Iron Market by Country
9.7 LAMEA Potassium Market by Country
9.8 LAMEA Others Market by Country
Chapter 10. LAMEA Mineral Supplements Market by Country
10.1 Brazil Mineral Supplements Market
10.1.1 Brazil Mineral Supplements Market by Sales Channel
10.1.2 Brazil Mineral Supplements Market by Formulation
10.1.3 Brazil Mineral Supplements Market by Application
10.1.4 Brazil Mineral Supplements Market by End-use
10.1.5 Brazil Mineral Supplements Market by Product
10.2 Argentina Mineral Supplements Market
10.2.1 Argentina Mineral Supplements Market by Sales Channel
10.2.2 Argentina Mineral Supplements Market by Formulation
10.2.3 Argentina Mineral Supplements Market by Application
10.2.4 Argentina Mineral Supplements Market by End-use
10.2.5 Argentina Mineral Supplements Market by Product
10.3 UAE Mineral Supplements Market
10.3.1 UAE Mineral Supplements Market by Sales Channel
10.3.2 UAE Mineral Supplements Market by Formulation
10.3.3 UAE Mineral Supplements Market by Application
10.3.4 UAE Mineral Supplements Market by End-use
10.3.5 UAE Mineral Supplements Market by Product
10.4 Saudi Arabia Mineral Supplements Market
10.4.1 Saudi Arabia Mineral Supplements Market by Sales Channel
10.4.2 Saudi Arabia Mineral Supplements Market by Formulation
10.4.3 Saudi Arabia Mineral Supplements Market by Application
10.4.4 Saudi Arabia Mineral Supplements Market by End-use
10.4.5 Saudi Arabia Mineral Supplements Market by Product
10.5 South Africa Mineral Supplements Market
10.5.1 South Africa Mineral Supplements Market by Sales Channel
10.5.2 South Africa Mineral Supplements Market by Formulation
10.5.3 South Africa Mineral Supplements Market by Application
10.5.4 South Africa Mineral Supplements Market by End-use
10.5.5 South Africa Mineral Supplements Market by Product
10.6 Nigeria Mineral Supplements Market
10.6.1 Nigeria Mineral Supplements Market by Sales Channel
10.6.2 Nigeria Mineral Supplements Market by Formulation
10.6.3 Nigeria Mineral Supplements Market by Application
10.6.4 Nigeria Mineral Supplements Market by End-use
10.6.5 Nigeria Mineral Supplements Market by Product
10.7 Rest of LAMEA Mineral Supplements Market
10.7.1 Rest of LAMEA Mineral Supplements Market by Sales Channel
10.7.2 Rest of LAMEA Mineral Supplements Market by Formulation
10.7.3 Rest of LAMEA Mineral Supplements Market by Application
10.7.4 Rest of LAMEA Mineral Supplements Market by End-use
10.7.5 Rest of LAMEA Mineral Supplements Market by Product
Chapter 11. Company Profiles
11.1 Glanbia PLC
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 SWOT Analysis
11.2 Nestle S.A
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Acquisition and Mergers:
11.2.6 SWOT Analysis
11.3 Herbalife Nutrition Ltd.
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Regional Analysis
11.3.4 Recent strategies and developments:
11.3.4.1 Partnerships, Collaborations, and Agreements:
11.3.4.2 Product Launches and Product Expansions:
11.3.5 SWOT Analysis
11.4 Sanofi S.A.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Acquisition and Mergers:
11.4.6 SWOT Analysis
11.5 Amway Corporation
11.5.1 Company Overview
11.5.2 Recent strategies and developments:
11.5.2.1 Partnerships, Collaborations, and Agreements:
11.5.2.2 Product Launches and Product Expansions:
11.5.3 SWOT Analysis
11.6 Bayer AG
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expense
11.6.5 Recent strategies and developments:
11.6.5.1 Product Launches and Product Expansions:
11.6.6 SWOT Analysis
11.7 Omega Protein Corporation (Cooke, Inc.)
11.7.1 Company Overview
11.7.2 SWOT Analysis
11.8 Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.) (Otsuka Holdings Co. Ltd)
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental & Regional Analysis
11.8.4 Research & Development Expense
11.8.5 SWOT Analysis
11.9 Koninklijke DSM N.V.
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expense
11.9.5 Recent strategies and developments:
11.9.5.1 Acquisition and Mergers:
11.9.6 SWOT Analysis
11.10. Nu Skin Enterprises, Inc.
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental Analysis
11.10.4 Research & Development Expenses
11.10.5 SWOT Analysis

Companies Mentioned

  • Glanbia PLC
  • Nestle S.A.
  • Herbalife nutrition Ltd.
  • Sanofi S.A.
  • Amway Corporation
  • Bayer Ag
  • Omega Protein Corporation (Cooke, Inc.)
  • Pharmavite LLC
  • Koninklijke DSM N.V.
  • Nu Skin Enterprises, Inc.

Methodology

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About the Mineral Supplement Market

The Mineral Supplement market is a subset of the larger Vitamins and Dietary Supplements industry. Mineral supplements are dietary supplements that contain essential minerals, such as calcium, magnesium, iron, zinc, and selenium. These minerals are essential for the body to function properly and are often lacking in the average diet. Mineral supplements are used to help people meet their daily mineral requirements and to prevent mineral deficiencies. The Mineral Supplement market is highly competitive, with a wide range of products available from both large and small companies. Many of these products are available in both capsule and powder form, and some are even available in liquid form. Consumers can also find mineral supplements in a variety of flavors, such as chocolate, vanilla, and berry. The Mineral Supplement market is growing rapidly, as more people become aware of the importance of minerals in their diet. Consumers are increasingly looking for products that are natural, organic, and free from artificial ingredients. This has led to an increase in the number of companies offering mineral supplements. Some companies in the Mineral Supplement market include Nature's Way, Rainbow Light, Solgar, and Nature's Plus. Show Less Read more

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