U.S. Mineral Supplements Market Size & Outlook, 2023-2030
U.S. mineral supplements market, 2018-2030 (US$M)
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U.S. mineral supplements market highlights
- The U.S. mineral supplements market generated a revenue of USD 3,867.5 million in 2023 and is expected to reach USD 5,258.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.5% 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 3,867.5 million |
| Market revenue in 2030 | USD 5,258.9 million |
| Growth rate | 4.5% (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, U.S. accounted for 24.1% 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 North America, U.S. mineral supplements market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 712.9 million by 2030.
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Mineral Supplements Market Scope
Mineral Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 39.34% in 2023. Horizon Databook has segmented the U.S. 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 U.S. mineral supplements market is expected to witness significant growth due to the presence of several mineral supplement providers, such as Nestlé, New Chapter, Inc., Abbott, BIOVEA, Herbalife International of America, Inc., and Pharmavite.
Furthermore, the players operating in the country offer various types of supplementation products, such as calcium, magnesium, potassium, selenium, zinc, etc., to support general health and overall wellbeing. Thus, market competition in the country is expected to significantly increase due to the presence of numerous mineral supplement manufacturers across the country.
Furthermore, growing efforts by leading market players to develop novel health supplements to meet evolving product demand are projected to offer significant growth opportunities for the market. For instance, in April 2022, Abott, a key player operating in the market, announced the release of metabolic nutrition formulas.
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Our clientele includes a mix of mineral supplements market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. mineral supplements market , including forecasts for subscribers. This country databook contains high-level insights into U.S. mineral supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. mineral supplements market size, by product, 2018-2030 (US$M)
U.S. Mineral Supplements Market Outlook Share, 2023 & 2030 (US$M)
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