Denmark Mineral Supplements Market Size & Outlook
Denmark mineral supplements market, 2018-2030 (US$M)
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Denmark mineral supplements market highlights
- The Denmark mineral supplements market generated a revenue of USD 77.4 million in 2023 and is expected to reach USD 112.9 million by 2030.
- The Denmark market is expected to grow at a CAGR of 5.5% 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 77.4 million |
| Market revenue in 2030 | USD 112.9 million |
| Growth rate | 5.5% (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, Denmark accounted for 0.5% 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 Europe, UK mineral supplements market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 868.0 million by 2030.
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Mineral Supplements Market Scope
Mineral Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark 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 45.35% in 2023. Horizon Databook has segmented the Denmark mineral supplements market based on calcium, magnesium, iron, potassium, zinc, chromium, selenium covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark's mineral supplements market is expected to grow significantly over the forecast period due to the rising demand for supplements from the Danish population. The country has a wellestablished healthcare setup and is witnessing an increasing trend toward health consciousness, which is expected to impact the growth of the mineral supplements market positively.
Similarly, the growing trend toward convenience in meeting nutritional needs and the increasing endorsement & recommendations for supplements from healthcare authorities in the country are expected to influence consumer choices and can lead to a high demand for mineral supplements in Denmark.
For instance, the Nordic Council of Ministers published NORDIC NUTRITION RECOMMENDATIONS 2023, which comprises recommendations for the intake of various minerals like potassium, magnesium, iodine, and selenium across all life-stage groups like children, males, and females. Such guidelines & recommendations from government authorities can boost the demand for mineral supplements over the forecast period.
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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 Denmark mineral supplements market , including forecasts for subscribers. This country databook contains high-level insights into Denmark mineral supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark mineral supplements market size, by product, 2018-2030 (US$M)
Denmark Mineral Supplements Market Outlook Share, 2023 & 2030 (US$M)
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