Market Highlights Global Vitamin & Mineral Supplements Market is estimated to be valued at USD 108.14 Billion by 2025, registering a CAGR of 6.70% during the forecast period. The global Vitamin & Mineral Supplements Market Size is expected to register a notable growth rate during the forecast period. Increasing consumer awareness regarding the importance of preventive healthcare and untapped markets in developing countries are driving the market growth. Moreover, the expansion of the organized retail sector in developing economies offer growth opportunities for manufacturers. However, the side effects associated with the overconsumption of these supplements are restraining the growth of the market. Asia-Pacific constituted a dominant share of the global vitamin & mineral supplements market in 2018. The regional market is expected to exhibit a CAGR of 7.32% during the review period. The expansion of product portfolios by key manufacturers is a significant factor for the growth of the vitamin & mineral supplements market in Asia-Pacific. Moreover, increasing per capita disposable income of the consumers is also anticipated to act as a major factor in the growth of the Asia-Pacific vitamin & mineral supplements market. China accounted for the major market share in the Asia-Pacific region in 2018 and estimated to retain its dominance throughout the forecast period. Segmentation On the basis of type, the global vitamin & mineral supplements market has been divided into vitamin, mineral, and blends. The vitamin segment is expected to dominate the global market and be valued at USD 84,605.8 million by the end of 2025. Increasing consumer awareness regarding the health benefits of vitamin supplements is a key driver for the growth of the segment. The segment is projected to expand at a CAGR of 6.65% during the forecast period. However, the blends segment is projected to witness the highest CAGR of 7.57% during the forecast period of 2019-2025. Key Players Market Research Future recognizes The Nature's Bounty Co. (US), Glanbia PLC (Ireland), Herbalife Nutrition Ltd. (US), Abbott Laboratories (US), Amway Corp (US), Bayer AG (Germany), GlaxoSmithKline plc (UK), Otsuka Holdings Co. (Japan), Nature's Way Products, LLC (US), and Nu Skin Enterprises, Inc. (US) as the Key Players in the Global Vitamin & Mineral Supplements Market. Access Report Details @ https://www.marketresearchfuture.com/reports/vitamin-mineral-supplements-market-8816 Regional Analysis Geographically, the global vitamin & mineral supplements market has been categorized as North America, Europe, Asia-Pacific, and the Rest of the World. As per MRFR analysis, Asia-Pacific dominated the market, accounting for the largest share in 2018. The market in Asia-Pacific is expected to register the highest CAGR of 5.92% during the forecast period. North America accounted for the second-largest market share in 2018. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

The global prenatal vitamin supplements market is expected to display higher growth rate over the next seven years. Rapid surge in prenatal vitamin supplements industry is credited to the rising demand of prenatal vitamin supplements and its capability to reduce the risk associated with congenital disabilities in infants. Prenatal vitamin supplements acts as a natural source of vital supplement, which is highly required during the pregnancy.

 

The recent technological advancement in the pharmaceutical & medicine sector has led to development of high-quality prenatal vitamin supplements that are increasingly consumed by pregnant women. In addition, prenatal vitamin supplements helps to curb congenital disabilities such as neural tube defects (NTDs/) in infants, thus driving the growth of vitamin supplements market, in the recent years.

 

Increasing production of prenatal vitamin supplements in the Asia Pacific region owing to its high-end demand and increasing recommendation by various healthcare professional, doctors and physicians are expected to foster market expansion for prenatal vitamin supplements market in the upcoming years. Globally, prenatal vitamin supplements industry is predicted to generate massive revenue over the next seven years, providing numerous opportunities for industry participants to invest in research and development of prenatal vitamin supplements.

 

Numerous governmental initiatives to promote consummation of prenatal vitamin supplements among pregnant women and to create awareness associated with health benefits of prenatal vitamin supplements, particularly in the North America and Latin America region is predicted to boost market growth during the forecast period. Increasing investment in the research & development of the prenatal vitamin supplements by industry players in the different regions is leading to development of innovative products, thus positively affecting industry growth over the upcoming years.

 

 

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The prenatal vitamin supplement market is broadly categorized into four major segments based on the end-use application type such as hospital pharmacies, online pharmacies, supermarkets, and drug stores. Hospital pharmacies segment is growing rapidly in the prenatal vitamin supplements industry with substantial revenue generation in the last few years. Growing popularity of prenatal vitamin supplements in hospital pharmacies segment is attributed to the increasing product penetration and growing preference by healthcare professionals.

 

The prenatal vitamin supplements market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in pharmaceutical & medicine sector, surge in number of research & development activities and existence of well-established healthcare infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth.

 

Asia-Pacific region is estimated to hold a major market share in the prenatal vitamin supplements with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising disposable income, growing awareness among general population and significant investment by leading industry players considering potential growth opportunities in the region.

 

The key players in the prenatal vitamin supplement industry are Church & Dwight Co., Inc., Country Life Co., Garden of Life, Rainbow Light, Inc., Biotics Research Corp., MegaFood Co., Metagenics Co., Nutramark Co., New Chapter, Pharmavite, Inc., and Twinlab.

 

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