Sweden Mineral Supplements Market Size & Outlook
Sweden mineral supplements market, 2018-2030 (US$M)
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Sweden mineral supplements market highlights
- The Sweden mineral supplements market generated a revenue of USD 151.9 million in 2023 and is expected to reach USD 212.5 million by 2030.
- The Sweden market is expected to grow at a CAGR of 4.9% 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 151.9 million |
| Market revenue in 2030 | USD 212.5 million |
| Growth rate | 4.9% (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, Sweden accounted for 0.9% 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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Sweden 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 46.48% in 2023. Horizon Databook has segmented the Sweden mineral supplements market based on calcium, magnesium, iron, potassium, zinc, chromium, selenium covering the revenue growth of each sub-segment from 2018 to 2030.
Due to the growing incidence of lifestyle-related issues, more customers regularly consume health and mineral supplements. The primary driver of the market is the paradigm shift toward preventive health management methods amid rising healthcare expenditure and the growing burden of lifestyle disorders.
Furthermore, the market is seeing new opportunities due to growing competition, with companies acquiring supplement providers. For instance, in October 2020, Nutrinovate AB, a Swedish company, acquired A to K AB, a Swedish consumer care organization that provides products to simplify the intake of vitamins & minerals. Such acquisitions are expected to boost the growth of the mineral supplements market in the country.
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Target buyers of Sweden 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 Sweden mineral supplements market , including forecasts for subscribers. This country databook contains high-level insights into Sweden mineral supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden mineral supplements market size, by product, 2018-2030 (US$M)
Sweden Mineral Supplements Market Outlook Share, 2023 & 2030 (US$M)
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