Mexico Mineral Supplements Market Size & Outlook
Mexico mineral supplements market, 2018-2030 (US$M)
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Mexico mineral supplements market highlights
- The Mexico mineral supplements market generated a revenue of USD 485.8 million in 2023 and is expected to reach USD 795.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.3% 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 485.8 million |
| Market revenue in 2030 | USD 795.2 million |
| Growth rate | 7.3% (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, Mexico accounted for 3.0% 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 |
|---|
Mexico 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 41.25% in 2023. Horizon Databook has segmented the Mexico 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 mineral supplements market in Mexico is experiencing significant growth driven by various factors like growing awareness among consumers about the importance of maintaining a healthy lifestyle and increasing accessibility of mineral supplements in the country. Several e-commerce platforms, such as Mercado Libre and Amazon Mexico, provide mineral supplements from top brands.
For instance, Mercado Libre offers magnesium supplements from major brands like Now Foods, Life Extension, Beyond Vitamins, NT Nutrition, and NEWMANITY, among others. Moreover, numerous mineral supplements like calcium, iron, zinc, iron, potassium, and selenium are easily accessible through these e-commerce and retail platforms.
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Target buyers of Mexico mineral supplements market databook
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Our clientele includes a mix of mineral supplements market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 Mexico mineral supplements market , including forecasts for subscribers. This country databook contains high-level insights into Mexico mineral supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico mineral supplements market size, by product, 2018-2030 (US$M)
Mexico Mineral Supplements Market Outlook Share, 2023 & 2030 (US$M)
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