The Business Research Company’s latest report Vitamins and Mineral Supplement Global Market Report 2020 covers Vitamins and Mineral Supplement market drivers, Vitamins and Mineral Supplement market trends, Vitamins and Mineral Supplement market segments, Vitamins and Mineral Supplement market growth rate, Vitamins and Mineral Supplement market major players, and Vitamins and Mineral Supplement market size. The report provides in-depth analysis of the impact of COVID-19 on the Vitamins and Mineral Supplement industry, along with revised market numbers due to the effects of the coronavirus.
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Vitamins and Mineral Supplement Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global vitamins and mineral supplements market is expected to grow from $51.70 billion in 2019 to 61.16 billion in 2020 at a compound annual growth rate (CAGR) of 18.3%. The dietary supplement market, particularly the sale of vitamins and mineral supplements is skyrocketing during the COVID-19 pandemic. Vitamins and mineral supplements are seen as a proportion of control and are used by people to build their immunity to keep themselves healthy. Vitamins and minerals positively affect the health and wellness of the population. The market is then expected to stabilize and reach $74.61 billion in 2023 at a CAGR of 6.85%.
The report covers the Vitamins and Mineral Supplement market’s segments-
1) By Type: Multivitamin, Single Vitamin, Multi Mineral, Single Mineral.
2) By Application: Energy & Weight Management, General Health, Bone & Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Others.
3) By Distribution Channel: Pharmacies & Drug Stores, Supermarkets & Hypermarkets, Online Channels.
4) By End-User: Adults, Geriatric, Pregnant Women, Children, Infants.
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