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The global vitamins and minerals market continues to thrive in 2024, driven by heightened consumer focus on preventive healthcare, fortified nutrition, and personalized wellness. Valued at approximately 61.8 billion in 2025, the market is set to grow at 5.4% CAGR during 2025 to 2035, fueled by aging populations, rising chronic diseases, and demand for functional foods and dietary supplements. Key trends include a shift toward plant-based, clean-label products, biofortification, and sustainability-driven innovations in production.
| Metric | Value |
|---|---|
| Industry Size (2025E) | USD 61.8 billion |
| Industry Value (2035F) | USD 104.5 billion |
| CAGR (2025 to 2035) | 5.4% |
Country Wise Analysis
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 5.4% |
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 4.4% |
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 6.6% |
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 8.6% |
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 6.3% |
Competitive Outlook
| Company Name | Estimated Share (%) |
|---|---|
| Amway Corporation | 14-18% |
| Herbalife Nutrition Ltd. | 12-15% |
| Bayer AG | 10-12% |
| Pfizer Inc. | 8-10% |
| Other Companies (combined) | 45-56% |
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TwitterIn 2024, China ranked first by revenue in the 'Vitamins & Minerals' segment of the otc pharmaceuticals market among the 25 countries presented in the ranking. China's revenue amounted to ************ U.S. dollars, while the United States and India, the second and third countries, had records amounting to ************ U.S. dollars and ************ U.S. dollars, respectively.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Vitamins & Minerals.
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TwitterVitamins, minerals, and supplements are a great way to enhance one’s diet and nutritional intake, and the market for such products has increased in size rapidly between 2007 and 2017. The largest segment of the vitamin, mineral, and supplement market is dietary supplements, which was valued at about **** billion U.S. dollars in 2017. Healthy Consumer Behavior in the U.S. According to a 2017 survey, over half of U.S. consumers have either started to or have been reading labels and comparing sodium levels in different soups, breads, and frozen meals, as well as cutting back on foods high in saturated fats. Functional Foods According to the Mayo Clinic, functional foods refer to a broad category of foods that have an added benefit beyond basic sustenance. For instance, yogurt could be considered a functional food since it often contains probiotics, or beneficial bacteria. In the United States, around 23 percent of adult consumers are interested in probiotics, for adults aged 18 to 34 years, this share increases to ** percent.
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IMARC’s new report “Bangladesh Vitamins & Minerals Market Report & Forecasts” provides an analytical and statistical insight into the Bangladesh vitamins and minerals market. The report provides both current and future trends in the value and volume sales of vitamins in Bangladesh. The study has segmented the Bangladesh vitamins and minerals market into twenty three classes. For each of these classes, value and volume sales of the entire class, key molecules, key brands and key players have been provided.
The research study serves as an exceptional tool to understand the drivers, restraints, regulations, market trends, therapeutic structure, competitive structure and the outlook of the vitamins and minerals market in Bangladesh till 2015. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the Bangladesh vitamins and minerals market in some form or the other.
Key Questions Answered in this Report?
Why should you buy this report?
Classes Covered:
Vitamins
Mineral Supplements
Information Sources:
Information has been sourced from both primary and secondary sources:
Forecasting Methodology:
IMARC generates its product and market forecasts utilizing its extensive database of macroeconomic and sector specific data. The initial baseline forecast is generated with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.
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Vitamin And Mineral Supplement Tablets Market holds a forecasted revenue of US$ 16.69 Bn in 2025 and is likely to cross US$ 23.35 Bn by 2032.
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The global vitamins market size was USD 7.63 billion in 2024 & is projected to grow from USD 8.16 billion in 2025 to USD 14.02 billion by 2033.
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 7.63 Billion |
| Market Size in 2025 | USD 8.16 Billion |
| Market Size in 2033 | USD 14.02 Billion |
| CAGR | 7% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Type,By Source,By Application,By Region. |
| Geographies Covered | North America, Europe, APAC, Middle East and Africa, LATAM, |
| Countries Covered | U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia, |
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Multivitamin And Mineral Supplements Market Size 2024-2028
The multivitamin and mineral supplements market size is forecast to increase by USD 2.98 billion at a CAGR of 4.5% between 2023 and 2028.
The market is witnessing significant growth due to several key trends. The aging population in various regions is increasingly adopting these supplements to maintain optimal health and wellness. Additionally, the market is experiencing a surge in new product launches, providing consumers with a wider range of options to choose from. However, the market also faces challenges such as misleading advertisements and promotions, which can lead to consumer skepticism and mistrust. As the demand for multivitamin and mineral supplements continues to grow, it is crucial for manufacturers to ensure transparency and accuracy In their marketing efforts to build trust and credibility with consumers.Overall, the market is expected to continue its expansion, driven by these trends and challenges.
What will be the Size of the Multivitamin And Mineral Supplements Market during the Forecast Period?
Request Free SampleThe global market for multivitamin and mineral supplements encompasses a wide range of products designed to address micronutrient deficiencies and support overall health. With increasing awareness of the health consequences of inadequate nutrient intake, consumers turn to these supplements as a means of bolstering their dietary approaches. The market is driven by several factors, including the prevalence of various diseases and the aging population's growing need for preventative healthcare products. Vitamins and minerals come in various forms, including tablets, capsules, and soft gels, catering to diverse consumer preferences. Vitamin D, a key nutrient with numerous health benefits, holds significant market share.The market's scope extends beyond humans to monogastric animals, reflecting the importance of micronutrient status in animal health. Regulations, approvals, and food standards play a crucial role In the market's dynamics, ensuring the safety and efficacy of these supplements. The health-conscious consumer base, which includes geriatric and pediatric populations, continues to fuel the market's growth. As diet and healthcare become increasingly intertwined, the demand for multivitamin and mineral supplements is poised to remain robust.
How is this Multivitamin And Mineral Supplements Industry segmented and which is the largest segment?
The multivitamin and mineral supplements industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationEye health supplementsBone and joint supplementsHeart health supplementsOther supplementsGeographyNorth AmericaUSEuropeGermanyUKAsiaChinaJapanRest of World (ROW)
By Application Insights
The eye health supplements segment is estimated to witness significant growth during the forecast period. Multivitamin and mineral supplements encompass a range of dietary products designed to address nutritional imbalances and promote preventative healthcare. These supplements contain essential vitamins, minerals, and micronutrients to support various bodily functions, including immunity, energy production, and bone health. Vitamins D, C, and E, as well as minerals like calcium, iron, and zinc, are commonly found in multivitamin formulations. The aging population and health-conscious consumers are the primary drivers of the multivitamin and mineral supplement market. Consumers seek to mitigate the health consequences of poor dietary approaches, such as junk food consumption and sedentary lifestyles, which can lead to diseases and disorders.Monogastric animals and the geriatric population also benefit from multivitamin and mineral supplements. Manufacturers offer multivitamin and mineral supplements in various forms, including tablets, capsules, and soft gels, catering to diverse consumer preferences. Vitamin D supplements, particularly popular due to their role in bone health and disease prevention, are available In these forms. Disease prevalence, such as anemia caused by iron deficiency, further fuels the demand for mineral supplements. Healthcare and dietary supplements, including multivitamins, are subject to food standards, regulations, and approvals. Market research firms like FMI, FMI Research, and Nelson study provide insights into market trends, production efficiency, and competitive landscape.The market is expected to grow due to increasing consumer awareness, the prevalence of chronic diseases, and the availability of convenient and effective supplement forms. Incorporating natural ingredients, such as natural herbs, botanicals, protein, and immunity boosters, adds value to multivitamin and mineral supplements. These supplements cater to various consu
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The global vitamins and minerals health products market is a robust and expanding sector, driven by increasing health consciousness, rising prevalence of chronic diseases, and a growing preference for preventative healthcare. The market, estimated at $150 billion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033, reaching an estimated $250 billion by 2033. This growth is fueled by several key trends, including the increasing popularity of personalized nutrition, functional foods and beverages fortified with vitamins and minerals, and the growing demand for convenient and accessible supplement formats like gummies and powders. Furthermore, the rise in health and wellness tourism and the increasing awareness of nutritional deficiencies are contributing to market expansion. Significant regional variations exist, with North America and Europe currently dominating the market share due to high per capita consumption and robust healthcare infrastructure. However, Asia-Pacific is poised for significant growth in the coming years, driven by rising disposable incomes and increasing awareness of health and wellness in rapidly developing economies like India and China. Despite the promising outlook, the market faces certain restraints. Stringent regulatory frameworks concerning supplement labeling and safety in various regions impose challenges for manufacturers. Fluctuations in raw material prices and the prevalence of counterfeit products also present obstacles to sustained growth. The market segmentation by application (children/teenagers, adults, special groups) and type (vitamins, minerals, mixtures) reveals diverse consumer needs and preferences, creating opportunities for specialized product development and targeted marketing strategies. The presence of established multinational corporations alongside smaller, specialized players ensures a competitive landscape, driving innovation and product diversification. The competitive intensity is high and is likely to increase in coming years. Key players are focusing on mergers and acquisitions to expand market reach and product portfolio.
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TwitterThe revenue in the 'Vitamins & Minerals' segment of the otc pharmaceuticals market worldwide was modeled to amount to ************* U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************* U.S. dollars since 2016. Between 2024 and 2029, the revenue will rise by ************* U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Vitamins & Minerals.
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The global market size of vitamin and mineral is estimated to reach USD 24.5 billion in 2024 and further expand at a CAGR of 4.4% during the assessment period. Global sales of vitamins and minerals are slated to total a staggering USD 37.8 billion by 2034.
| Attributes | Description |
|---|---|
| Estimated Global Vitamin and Mineral Market Size (2024E) | USD 24.5 billion |
| Projected Global Vitamin and Mineral Market Value (2034F) | USD 37.8 billion |
| Value-based CAGR (2024 to 2034) | 4.4% |
Country-wise Insights
| Countries | CAGR 2024 to 2034 |
|---|---|
| United States | 4.7% |
| China | 5.2% |
| United Kingdom | 5.6% |
| Japan | 6.1% |
| South Korea | 7% |
Category-wise Insights
| Segment | Vitamin C (Type) |
|---|---|
| Value Share (2023) | 27% |
| Segment | Food and Beverages (Application) |
|---|---|
| Value Share (2023) | 36% |
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The Global Vitamins & Minerals Market size was valued at USD 24.29 billion in 2023 and is projected to reach USD 33.28 billion by 2032, exhibiting a CAGR of 4.6 % during the forecasts period.
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Dietary supplements market size was USD 192.65 billion in 2024 and is projected to reach USD 414.52 billion by 2033, at a CAGR of 8.9% from 2025 to 2033
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Discover the booming global vitamins and minerals market! This comprehensive analysis reveals key trends, growth drivers, major players (Amway, Herbalife, Blackmores), and future projections for 2025-2033. Learn about market segmentation, regional insights, and the factors shaping this dynamic industry.
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Global dietary supplements market worth at $203.56 Billion in 2024, is expected to surpass $435.42 Billion by 2034, with a CAGR of 7.9% from 2025 to 2034.
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According to our latest research, the global pet vitamins and minerals market size reached USD 2.15 billion in 2024, with a robust compound annual growth rate (CAGR) of 7.1% expected from 2025 to 2033. By the end of 2033, the market is forecasted to attain a value of USD 4.01 billion. This growth is primarily driven by the rising awareness among pet owners regarding animal health and nutrition, as well as the increasing trend of pet humanization, which is prompting owners to invest more in premium nutritional supplements for their pets.
A significant growth factor for the pet vitamins and minerals market is the increasing prevalence of chronic diseases and health disorders among companion animals. As pets live longer due to better veterinary care and improved diets, they are more susceptible to age-related health issues such as arthritis, obesity, and digestive disorders. This has led to a surge in demand for targeted vitamins and mineral supplements that support joint health, immune function, and overall vitality. Furthermore, the growing number of pet adoptions, especially in urban areas, has expanded the consumer base, further fueling market expansion. Pet owners are becoming more informed about the specific nutritional needs of different species and breeds, resulting in a higher uptake of specialized supplements formulated for dogs, cats, birds, and other pets.
Another pivotal driver is the rapid innovation and diversification of product offerings within the pet vitamins and minerals market. Manufacturers are increasingly investing in research and development to create advanced formulations that combine essential vitamins, minerals, and other functional ingredients such as probiotics, omega fatty acids, and antioxidants. These products are often tailored to address specific health concerns, life stages, or breed requirements, offering a personalized approach to pet nutrition. Additionally, the rise of natural and organic supplements reflects the growing consumer preference for clean-label products, free from artificial additives and preservatives. This trend is further supported by the influence of social media and online pet communities, where information about pet health and nutrition is widely shared, encouraging responsible pet care practices and boosting market growth.
The expansion of distribution channels, particularly the growth of online retail, has also played a crucial role in the development of the pet vitamins and minerals market. E-commerce platforms and pet specialty stores provide pet owners with easy access to a wide range of products, along with detailed information and customer reviews, facilitating informed purchase decisions. The convenience of home delivery and subscription services has made it easier for consumers to regularly supply their pets with essential vitamins and minerals. Veterinary clinics continue to be a trusted channel for purchasing high-quality supplements, as veterinarians are often the primary source of advice on pet nutrition and health. The increasing collaboration between supplement manufacturers and veterinary professionals is expected to further enhance product credibility and adoption rates.
From a regional perspective, North America currently dominates the pet vitamins and minerals market, accounting for the largest share in 2024. This is attributed to the high rate of pet ownership, advanced veterinary healthcare infrastructure, and strong consumer awareness regarding pet nutrition. Europe follows closely, driven by similar trends and a growing emphasis on preventive healthcare for pets. The Asia Pacific region is emerging as a lucrative market, supported by rising disposable incomes, urbanization, and a rapidly expanding pet population. Countries such as China, Japan, and India are witnessing increased pet adoption and a shift toward premium pet care products, presenting significant growth opportunities for market players. Latin America and the Middle East & Africa are also expected to contribute to market growth, albeit at a relatively slower pace, as awareness and adoption of pet supplements continue to rise.
The pet vitamins and minerals market is segmented by product type into vitamins, minerals, multivitamins & multiminerals, and others. Vitamins are essential micronutrients that play a critical role in maintaining various physiological functions in pets,
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Market Research Intellect presents the Vitamin And Mineral Supplements Market Report-estimated at USD 50.0 billion in 2024 and predicted to grow to USD 80.0 billion by 2033, with a CAGR of 6.5% over the forecast period. Gain clarity on regional performance, future innovations, and major players worldwide.
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Access Market Research Intellect's OTC Vitamins And Minerals Dietary Supplements Market Report for insights on a market worth USD 53.5 billion in 2024, expanding to USD 83.2 billion by 2033, driven by a CAGR of 5.5%.Learn about growth opportunities, disruptive technologies, and leading market participants.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2024 |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2023 | 158.17(USD Billion) |
| MARKET SIZE 2024 | 166.54(USD Billion) |
| MARKET SIZE 2032 | 251.6(USD Billion) |
| SEGMENTS COVERED | Product Type ,Formulation ,Application ,Sales Channel ,Target Consumer Group ,Regional |
| COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
| KEY MARKET DYNAMICS | Increasing disposable income Growing health consciousness Rise in chronic diseases Expanding ecommerce channels Technological advancements |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | SanofiAventis ,Nestl ,Abbott ,Johnson & Johnson ,Unilever ,Danone ,The CocaCola ,Nestle ,Kellog ,Pfizer ,Bayer ,GSK ,Procter & Gamble ,PepsiCo ,Mars |
| MARKET FORECAST PERIOD | 2025 - 2032 |
| KEY MARKET OPPORTUNITIES | Digital health integration personalized nutrition demand for plantbased supplements rising focus on mental health growing geriatric population |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.29% (2025 - 2032) |
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The North America Vitamins and Minerals report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.
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The global vitamins and minerals market continues to thrive in 2024, driven by heightened consumer focus on preventive healthcare, fortified nutrition, and personalized wellness. Valued at approximately 61.8 billion in 2025, the market is set to grow at 5.4% CAGR during 2025 to 2035, fueled by aging populations, rising chronic diseases, and demand for functional foods and dietary supplements. Key trends include a shift toward plant-based, clean-label products, biofortification, and sustainability-driven innovations in production.
| Metric | Value |
|---|---|
| Industry Size (2025E) | USD 61.8 billion |
| Industry Value (2035F) | USD 104.5 billion |
| CAGR (2025 to 2035) | 5.4% |
Country Wise Analysis
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 5.4% |
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 4.4% |
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 6.6% |
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 8.6% |
| Year | CAGR (2025 to 2035) |
|---|---|
| 2025 to 2035 | 6.3% |
Competitive Outlook
| Company Name | Estimated Share (%) |
|---|---|
| Amway Corporation | 14-18% |
| Herbalife Nutrition Ltd. | 12-15% |
| Bayer AG | 10-12% |
| Pfizer Inc. | 8-10% |
| Other Companies (combined) | 45-56% |