Global Therapeutic Nutrients And Minerals Market Segments 2024, Forecast To 2033

5 Mar, 2024

The therapeutic nutrients & minerals market has exhibited strong growth, climbing from $67.64 billion in 2023 to $73.08 billion in 2024, showcasing an 8.0% CAGR. Drivers include growing health awareness and preventive healthcare. The market is poised for strong growth, reaching $99.22 billion in 2028, with a 7.9% CAGR. Trends involve personalized nutrition and e-commerce channels, with a focus on collaborations in the pharmaceutical industry.

Global Therapeutic Nutrients And Minerals Market Key Driver

The therapeutic nutrients and minerals market is experiencing growth driven by the rising demand for functional foods. The sales of functional foods and beverages in the U.S. reached $83 billion in 2021, reflecting a 6.8% increase over 2020. The growing awareness of health benefits associated with therapeutic nutrients and minerals in functional foods propels market expansion.

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Global Therapeutic Nutrients And Minerals Market Segments

The therapeutic nutrients and minerals market covered in this report is segmented –
1) By Type: Multivitamins, Calcium, Supplements, Other Types
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 End User: Adults, Geriatric, Pregnant Women, Children, Infants
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions. Asia-Pacific was the largest region in the therapeutic nutrients and minerals market in 2023. North America is expected to be the fastest-growing region in the therapeutic nutrients and minerals market report during the forecast period. The regions covered in the therapeutic nutrients and minerals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Therapeutic Nutrients And Minerals Industry Players

Glanbia plc; Herbalife Nutrition Ltd.; Bayer AG; Abbott Laboratories; Nu Skin Enterprises Inc.; Otsuka Pharmaceutical Co. Ltd.; Alticor Inc.; Royal DSM NV; Reckitt Benckiser Group plc; NutraMarks Inc.; Pharmavite LLC; Archer Daniels Midland Company; BASF SE; Nestlé SA; Bio Botanica Inc.; GlaxoSmithKline plc; International Flavors & Fragrances Inc.; Jamieson Wellness Inc.; USANA Health Sciences Inc.; Albion Minerals; Balchem Corporation; Innophos Inc.; AST Enzymes; Nature's Way Brands; FuelMax Pvt. Ltd.; Haleon plc; Garden of Life; Integrative Therapeutics Inc.; Gemini Pharmaceuticals Inc.

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AIOps Therapeutic Nutrients And Minerals Market Overview

Therapeutic nutrients and minerals refer to vitamins, minerals, and other nutrients that are used to support overall health and treat specific health conditions. They are used to provide substances that are not taken in through the diet.

Therapeutic Nutrients And Minerals Global Market Report 2023 provides data on the global therapeutic nutrients and minerals market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The therapeutic nutrients and minerals market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.