Global Mineral Ingredients Market - Forecast(2021 - 2026)

Report Code: FBR 81638 Report Format: PDF + Excel (Delivery in 48 Hrs)

Global Mineral Ingredients Market Overview

Global Mineral Ingredients Market size is estimated to be $678.8 Million in 2019, growing at a CAGR of 5.1% during the forecast period 2020-2025. Minerals play an important role in the body and support metabolism, human growth, blood formulation or the function of the nerves and muscles. They are important for a wide range of functions in the body ranging from generalized ones including electrolyte balance and bone formation to a very specific role in the synthesis of thyroid hormones. Growing geriatric population and the increase in the number of people suffering from chronic disease coupled with the rising demand of mineral supplements is a vital factor up surging its market growth. Besides this, the product launched by the key players in order to expand their product portfolio is another factor contributing to its market growth. For instance, in October 2019 Gadot Biochemical Industries launched a new sports nutrition-specific citrate mineral line that aims to provide sports nutrition brand manufacturers with essential nutrients athletes and fitness enthusiast need pre- and post-performance with the correct mineral balance they require. Moreover, according to NCBI about 45 percent of the adult men and 55 percent of the adult women in the U.S. takes a vitamin or mineral supplements either regularly or occasionally. Sales of dietary supplements have increased sixfold in the past 15 years, reaching $3 billion in 1987. In addition, the average U.S. adults buying supplements spends about $32 in a year. 

Report Coverage

The report: “Global Mineral Ingredients Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Global Mineral Ingredients Market.
By Type - Macro minerals and Micro minerals.
By Form -Liquid, Powder and Others.
By Form - Bakery & Confectionary, Food Supplements, Dairy Products, Functional Food, Beverages and Others.
By Geography - North America, Europe, Asia Pacific and Rest of the World.

Key Takeaways

  • Macro Minerals segment held the largest market share in the year 2019 owing to the wide usage of it in various food products coupled with various health benefits associated with it.
  • Confectionary segment held the largest market share in the year 2019 owing to the increasing demand of bakery & confectionary products across the globe.
  • North America dominated the Global Mineral Ingredients Market owing to the rising geriatric population with many Americans suffering from debilitating condition and disease and adoption of regular exercises, healthful eating habits, and nutritional supplements.
  • Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is a major factor driving the Global Mineral Ingredients Market during the forecast period 2020-2025.

Global Mineral Ingredients Market Segment Analysis - By Type

By Type, the Global Mineral Ingredients Market is segmented into Macro Minerals and Micro Minerals. Macro Minerals segment held the largest market share in the year 2019 owing to the wide usage of it in various food products coupled with various health benefits associated with it. Moreover, macro minerals are basically calcium, phosphorous, magnesium, potassium, sodium and others. Calcium is the most abundant mineral in the body which is used structurally to build bones, and cell and also as a messenger in cell signaling, helps maintain heart rhythm, muscle function and more. In addition, the rising benefits of calcium supplements for treating and preventing osteoporosis and osteopenia is a vital factor contributing to its segmental growth. Also, micro minerals are projected to witness growth at fastest CAGR of 5.9% in forecast period 2020-2025. Micro minerals include copper that aids in the formation of bone and cartilage and helps the body use iron properly.

Global Mineral Ingredients Market Segment Analysis - By Application

By Application, the Global Mineral Ingredients Market is segmented into bakery & confectionary, food supplements, dairy products, functional food, beverages and others. Confectionary segment held the largest market share in the year 2019 owing to the increasing demand of bakery & confectionary products across the globe. Product launches, acquisition and the trend of gifting confectionary products is further contributing to its market growth. For instance, in November 2019 Baker Perkins launched new equipment series at ProSweets for the production of gummies and jellies that is used to deliver a variety of functional ingredient including vitamins, minerals, protein, fibre, omega-3, probiotics and energy supplement for sectors including nutraceutical, sports and nutrition and pharmaceuticals. Also, dairy products segment is projected to witness growth at fastest CAGR of 5.5% in forecast period 2020-2025. By adding a variety of flavors and formulating dairy products, producers around the world are reaching whole new consumer groups with tasty and healthy products. Formulations may involve extra vitamins, minerals, proteins and other ingredients like omega-3 or fibre to make a product even healthier. Other formulated product includes lactic acid drink (LAD), tea whitener and formulated cream.

Global Mineral Ingredients Market Segment Analysis - Geography

North America dominated the Global Mineral Ingredients Market with a region share 42% in 2019 followed by Europe and APAC. Rising geriatric population with many Americans suffering from debilitating condition and disease and adoption of regular exercises, healthful eating habits, and nutritional supplements as a mean for a healthy lifestyle along with the increase in health concerns and a better healthcare structure is a major factor propelling its market growth. Furthermore, the presence of major players in that region is further driving its market growth. Besides this, the stringent government organizations in APAC to provide a better quality of products to its consumers is also contributing to its market growth. For instance, The Food Safety and Standards authority of India has issued rules for health supplements, nutraceuticals, and food for special dietary use, food for special medical purposes, functional foods and novel foods.

Global Mineral Ingredients Market Drivers

Increasing incidence of chronic diseases

Increasing incidence of chronic diseases leading to diabetes and other cardiovascular diseases is a major factor driving the Global Mineral Ingredients Market during the forecast period 2020-2025. Moreover, the rising diabetes and chronic patients and adoption of an appropriate multivitamins tablet is propelling the demand of Global Mineral Ingredients Market during the forecast period 2020-2025. Furthermore, according to the World Health Organization about 422 million people worldwide have diabetes particularly in low and middle-income countries and 1.6 million deaths are directly attributed to diabetes each year.

Increasing Demand of Minerals Ingredients in Diet

Increasing demand of mineral ingredients in diet among people is a major factor driving Global Mineral Ingredients Market during the forecast period 2020-2025. Moreover, minerals are important for the body to stay healthy. In addition, the body needs minerals for many different jobs including keeping bones, muscles, heart, and brain working properly. Therefore, the rising benefits of minerals ingredients in diet have attracted a large number of consumers towards it which in turn is contributing to its market growth.

Global Mineral Ingredients Market Challenges

Rising Side-Effects of Trace Minerals

Rising side-effects by the consumption of trace minerals leading to upset stomach, headache or unusual or unpleasant taste in the mouth is restraining its market growth during the forecast period 2020-2025. Consuming excessive amount can cause liver damage, reduce bone-strength, headaches and birth-defects. Large doses of certain vitamins and minerals can cause nausea, vomiting, nerve damage, weight loss, muscle weakness and other illness.

Global Mineral Ingredients Market Industry Outlook

Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in Global Mineral Ingredients Market. Global Mineral Ingredients Market top 10 companies are Corbion N.V., DuPont De Nemours Inc., Minerals Technologies, Haifa Chemicals Limited, Yara International ASA, Koninklijke DSM N.V., Gadot Biochemical Industries, Hexagon Nutrition, Arla Foods amba and Balchem.

Developments:

  • June 2020: RSH global private limited, a leading Indian Personal Care company, under the aegis of its brand joy launched Joy Mineral Sunscreen with natural chemical-free SPF. Additionally, Joy also signed digital sensation, Mithila Palkar as its brand ambassador for the sunscreen category.

1. Global Mineral Ingredients Market Overview
    1.1 Definitions and Scope
2. Global Mineral Ingredients Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Form
    2.4 Key trends by Application
    2.5 Key trends by Geography
3. Global Mineral Ingredients Market –Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis - Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Global Mineral Ingredients Market- Startup companies Scenario Premium Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Global Mineral Ingredients Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Global Mineral Ingredients Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Global Mineral Ingredients Market -Strategic analysis
    7.1 Value chain analysis 
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Global Mineral Ingredients Market – By Type (Market Size –$Million/$Billion)
    8.1 Macro Minerals
        8.1.1 Calcium
        8.1.2 Magnesium
        8.1.3 Phosphorous
        8.1.4 Potassium
        8.1.5 Others
    8.2 Micro Minerals
        8.2.1 Iron
        8.2.2 Zinc
        8.2.3 Copper
        8.2.4 Iodine
        8.2.5 Others
9. Global Mineral Ingredients Market – By Form (Market Size –$Million/$Billion)
    9.1 Liquid
    9.2 Powder
    9.3 Others
10. Global Mineral Ingredients Market – By Application(Market Size –$Million/$Billion)
    10.1 Bakery & Confectionary
    10.2 Food Supplements
    10.3 Dairy Products
    10.4 Functional Food
    10.5 Beverages
    10.6 Others
11. Global Mineral Ingredients Market - By Geography (Market Size -$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 U.K.
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 South Korea
        11.3.4 India
        11.3.5 Australia & New Zealand
        11.3.6 Rest of APAC
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Global Mineral Ingredients Market - Entropy
13. Global Mineral Ingredients Market – Industry/Segment Competition Landscape Premium
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Country- Key companies
        13.1.4 Best Practices for Companies
14. Global Mineral Ingredients Market – Key Company List by Country Premium Premium
15. Global Mineral Ingredients Market Company Analysis
    15.1 Company Revenue, Products, M&A, Developments
    15.2 Corbion N.V.
    15.3 DuPont De Nemours Inc.,
    15.4 Mineral Technologies
    15.5 Haifa Chemicals Limited
    15.6 Yara International ASA
    15.7 Koninklijke DSM N.V.
    15.8 Gadot Biochemical Industries
    15.9 Hexagon Nutrition
    15.10 Arla Foods amba
    15.11 Balchem
*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Market Segmentation Market 2019-2024 ($M)
1.1 By Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Macro Minerals Market 2019-2024 ($M)
1.1.2 Micro Minerals Market 2019-2024 ($M)
1.2 By Application Market 2019-2024 ($M) - Global Industry Research
1.2.1 Pharmaceutical Market 2019-2024 ($M)
1.2.2 Functional Food and Beverage Market 2019-2024 ($M)
1.2.3 Supplements Market 2019-2024 ($M)
1.2.4 Animal and Pet food Market 2019-2024 ($M)
1.2.5 Personal Care Market 2019-2024 ($M)
2.Global Market Segmentation Market 2019-2024 (Volume/Units)
2.1 By Type Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 Macro Minerals Market 2019-2024 (Volume/Units)
2.1.2 Micro Minerals Market 2019-2024 (Volume/Units)
2.2 By Application Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Pharmaceutical Market 2019-2024 (Volume/Units)
2.2.2 Functional Food and Beverage Market 2019-2024 (Volume/Units)
2.2.3 Supplements Market 2019-2024 (Volume/Units)
2.2.4 Animal and Pet food Market 2019-2024 (Volume/Units)
2.2.5 Personal Care Market 2019-2024 (Volume/Units)
3.North America Market Segmentation Market 2019-2024 ($M)
3.1 By Type Market 2019-2024 ($M) - Regional Industry Research
3.1.1 Macro Minerals Market 2019-2024 ($M)
3.1.2 Micro Minerals Market 2019-2024 ($M)
3.2 By Application Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Pharmaceutical Market 2019-2024 ($M)
3.2.2 Functional Food and Beverage Market 2019-2024 ($M)
3.2.3 Supplements Market 2019-2024 ($M)
3.2.4 Animal and Pet food Market 2019-2024 ($M)
3.2.5 Personal Care Market 2019-2024 ($M)
4.South America Market Segmentation Market 2019-2024 ($M)
4.1 By Type Market 2019-2024 ($M) - Regional Industry Research
4.1.1 Macro Minerals Market 2019-2024 ($M)
4.1.2 Micro Minerals Market 2019-2024 ($M)
4.2 By Application Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Pharmaceutical Market 2019-2024 ($M)
4.2.2 Functional Food and Beverage Market 2019-2024 ($M)
4.2.3 Supplements Market 2019-2024 ($M)
4.2.4 Animal and Pet food Market 2019-2024 ($M)
4.2.5 Personal Care Market 2019-2024 ($M)
5.Europe Market Segmentation Market 2019-2024 ($M)
5.1 By Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Macro Minerals Market 2019-2024 ($M)
5.1.2 Micro Minerals Market 2019-2024 ($M)
5.2 By Application Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Pharmaceutical Market 2019-2024 ($M)
5.2.2 Functional Food and Beverage Market 2019-2024 ($M)
5.2.3 Supplements Market 2019-2024 ($M)
5.2.4 Animal and Pet food Market 2019-2024 ($M)
5.2.5 Personal Care Market 2019-2024 ($M)
6.APAC Market Segmentation Market 2019-2024 ($M)
6.1 By Type Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Macro Minerals Market 2019-2024 ($M)
6.1.2 Micro Minerals Market 2019-2024 ($M)
6.2 By Application Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Pharmaceutical Market 2019-2024 ($M)
6.2.2 Functional Food and Beverage Market 2019-2024 ($M)
6.2.3 Supplements Market 2019-2024 ($M)
6.2.4 Animal and Pet food Market 2019-2024 ($M)
6.2.5 Personal Care Market 2019-2024 ($M)
7.MENA Market Segmentation Market 2019-2024 ($M)
7.1 By Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Macro Minerals Market 2019-2024 ($M)
7.1.2 Micro Minerals Market 2019-2024 ($M)
7.2 By Application Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Pharmaceutical Market 2019-2024 ($M)
7.2.2 Functional Food and Beverage Market 2019-2024 ($M)
7.2.3 Supplements Market 2019-2024 ($M)
7.2.4 Animal and Pet food Market 2019-2024 ($M)
7.2.5 Personal Care Market 2019-2024 ($M)

LIST OF FIGURES

1.US Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
2.Canada Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
3.Mexico Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
4.Brazil Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
5.Argentina Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
6.Peru Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
7.Colombia Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
8.Chile Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
10.UK Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
11.Germany Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
12.France Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
13.Italy Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
14.Spain Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
16.China Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
17.India Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
18.Japan Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
19.South Korea Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
20.South Africa Global Mineral Ingredients Market Revenue, 2019-2024 ($M)
21.North America Global Mineral Ingredients By Application
22.South America Global Mineral Ingredients By Application
23.Europe Global Mineral Ingredients By Application
24.APAC Global Mineral Ingredients By Application
25.MENA Global Mineral Ingredients By Application
26.Minerals Technologies Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Orgenetics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Corbion, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Arla Foods amba, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Gadot Biochemical Industries Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.AkzoNobel, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Jungbunzlauer Suisse AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Albion Laboratories Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Dr. Paul Lohmann GmbH KG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Sunopta, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Talus, Sales /Revenue, 2015-2018 ($Mn/$Bn)