Food Minerals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Food Minerals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : July, 2020 | Food and Beverages | PPT format

Report Digest

Global Food Minerals Market: Overview

Vitamins and minerals are an essential part of the food. Both the ingredients help to keep the body healthy by enhancing the immunity and securing the body from a variety of diseases. Minerals are inorganic elements which are originated from soil, rocks, and water. The ingredients such as calcium, chloride, magnesium, potassium, and sodium are considered as common food minerals. Growing demand for these minerals due to lack of proper and nutrients-rich food consumption is driving growth of the food minerals market. 

Global Food Minerals Market: Key Trends

Increase in demand for natural food minerals majorly in the pharmaceutical and nutraceutical industries, which is stimulating the market growth. Swift urbanization coupled with an increase in consumer health consciousness and rising expenditure on healthy and natural products in the U.S., Germany, China, and India is stimulating the growth of the global food minerals market.

Additionally, food minerals are generally extracted from the resources including clams, organic eggshells, oysters, plant-based derivatives, and marine corals. These products benefit different diseases or illness including allergy relief, eye health, enhancing brain & memory support, weight management, and heart health. Growing expenditure on the adoption of food minerals is boosting food minerals market. Moreover, minerals supplements provide anti-oxidizing, anti-inflammatory, heartbeat, insulin regulating characteristics, and blood pressure. Growing demand for these characteristics in the food is fuelling growth of the global food minerals market.

Furthermore, increasing trends in non-GMO, dairy free, and soy free supplements such as regulation of insulin and cholesterol are boosting demand for these food minerals. Additionally, rising obesity among the young population and rising demand for weight management is expected to boost food minerals market growth.

However, lack of awareness and affordability of these minerals and governmental regulations on choosing raw material are restraining growth of the global food minerals market. Additionally, risk of incorrect labeling that instructs the dosage, which leads to the possibility of the side effects, may impel growth of the market. Nonetheless, physicians are prescribing the supplement by examining the requirement of dosages is expected to offer lucrative opportunities for growth in the forthcoming years.     

Global Food Minerals Market: Novel Development

The food minerals market is competitive and fragmented vendor landscape due to the presence of a large number of players in the market. Some of the leading companies operating in the global food minerals market are Bee Health, Geri-Care Pharmaceuticals, Bluebonnet Nutrition, Bayer, LifeExtension, Rainbow Light, and Novartis. Additionally, these players are adopting strategies such as merger & acquisition and introduction of new products. Also, key players are taking initiatives to raise awareness about health. For instance, one of the players in North America, Thorne is offering tests such as fertility, sleep, stress, heavy metals, and thyroid function. Additionally, the company is offering home health tests such as blood tests for athletes and health-conscious consumers from 2018. This kind of initiatives has helped the company to gather substantial revenue and propel growth of the global food minerals market.

Global Food Minerals Market: Regional Outlook

Regionally, the food minerals market could be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Of these, North America is expected to be dominant regions in terms of demand, revenue, and consumption by the end of the forecast period followed by Europe. Growth of both the region is attributable to the high demand for the food minerals from the developed countries such as Canada, Mexico, and the U.S. Growing cases of the obesity and cardiovascular diseases in these regions coupled with easy and cost-efficient availability of the food minerals.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.