Argentina Mineral Supplements Market Size & Outlook
Argentina mineral supplements market, 2018-2030 (US$M)
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Argentina mineral supplements market highlights
- The Argentina mineral supplements market generated a revenue of USD 229.4 million in 2023 and is expected to reach USD 352.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, calcium was the largest revenue generating product in 2023.
- Calcium is the most lucrative product segment registering the fastest growth during the forecast period.
Mineral supplements market data book summary
| Market revenue in 2023 | USD 229.4 million |
| Market revenue in 2030 | USD 352.3 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Calcium |
| Fastest growing segment | Calcium |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Calcium, Magnesium, Iron, Potassium, Zinc, Chromium, Selenium |
| Key market players worldwide | Glanbia PLC, Abbott Laboratories, Nestle SA, Dassault Systemes SE, Herbalife Ltd, Sanofi SA, Amway Malaysia Holdings, Bayer AG, Otsuka Pharmaceutical, DSM, Nu Skin Enterprises Inc Class A, Omega Protein, Bio-Botanica |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.4% of the global mineral supplements market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil mineral supplements market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,671.0 million by 2030.
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Mineral Supplements Market Scope
Mineral Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina mineral supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mineral supplements market will help companies and investors design strategic landscapes.
Calcium was the largest segment with a revenue share of 42.41% in 2023. Horizon Databook has segmented the Argentina mineral supplements market based on calcium, magnesium, iron, potassium, zinc, chromium, selenium covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for mineral supplements in Argentina is expected to increase in the coming years due to the presence of digital platforms and sellers such as Mercado Libre, which provides mineral supplements for various health problems related to immunity, bones, muscles, and joints.
Some players and e-commerce platforms offering mineral supplements in Argentina include Village Vitamin Store, DR.VEGAN, and Ubuy Co. The availability of these platforms provides mineral supplements from top brands.
For instance, Ubuy CO provides calcium supplements in Argentina from numerous brands, including citracal, ALGAECAL, Codeage, Vitafusion, and Spring Valley. Thus, the easy availability of mineral supplements is expected to propel the country's market growth.
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Our clientele includes a mix of mineral supplements market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina mineral supplements market , including forecasts for subscribers. This country databook contains high-level insights into Argentina mineral supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina mineral supplements market size, by product, 2018-2030 (US$M)
Argentina Mineral Supplements Market Outlook Share, 2023 & 2030 (US$M)
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