India Mineral Supplements Market Size & Outlook, 2023-2030
India mineral supplements market, 2018-2030 (US$M)
Related Markets
India mineral supplements market highlights
- The India mineral supplements market generated a revenue of USD 1,417.1 million in 2023 and is expected to reach USD 2,362.1 million by 2030.
- The India market is expected to grow at a CAGR of 7.6% 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 1,417.1 million |
| Market revenue in 2030 | USD 2,362.1 million |
| Growth rate | 7.6% (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, India accounted for 8.8% 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 Asia Pacific, China mineral supplements market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,362.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Mineral Supplements Market Scope
Mineral Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 42.15% in 2023. Horizon Databook has segmented the India 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 market for mineral supplements in India is expected to grow rapidly due to the rising prevalence of nutritional deficiencies and the increasing availability of mineral supplements. The consumption of mineral supplements is expected to be fueled by the rising prevalence of nutritional deficiencies.
According to the article published by the National Library Of Medicine in April 2021, there is dietary calcium deficiency across various age groups and genders in India. In addition, the study published by PLOS ONE in May 2022 found the prevalence of calcium & iron deficiency among study participants at around 59.9% and 49.4%, respectively.
Furthermore, major e-commerce participants, such as Amazon and Flipkart, which provide mineral supplements across the country, are anticipated to drive market competition over the forecast period. Moreover, several industry participants are launching mineral supplements in the Indian market.
Reasons to subscribe to India mineral supplements market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India mineral supplements market databook
-
Our clientele includes a mix of mineral supplements market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India mineral supplements market , including forecasts for subscribers. This country databook contains high-level insights into India mineral supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India mineral supplements market size, by product, 2018-2030 (US$M)
India Mineral Supplements Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
