Research Report Explores The Mineral Supplements Market Will Grow At 7.3% CAGR By 2020
Verfasser: yogesh on Wednesday, 5 December 2018According to a new market report published by Persistence Market Research “Global Market Study on Mineral Supplements: Pharmaceutical to be the largest segment by 2020”, the global Mineral Supplements market was valued at USD 7.3 million in 2013 and is expected to grow at a CAGR of 7.3% from 2014 to 2020, to reach an estimated value of USD 14.5 million in 2020.
The global supplements market is growing at a steady rate, majorly due to increasing consumer awareness about preventive healthcare. Mineral supplements are consumed in different forms, such as capsules, pills, powder, gel caps, granules, tablets, and liquid. Mineral supplements such as calcium, phosphorus, chromium, magnesium, sulfur, iron, zinc, folic acid, silicon, copper, and cobalt help consumers of different age groups to stay healthy and be free from nutrition deficiency diseases. Due to busy lifestyle, many working individuals are unable to follow a regular diet, leading to deficiency of nutrients, including minerals in the body. In order to address the need for nutrients and prevent mineral-deficiency diseases, individuals consume additional food supplements, including mineral supplements.