PUBLISHER: Grand View Research | PRODUCT CODE: 1433617
PUBLISHER: Grand View Research | PRODUCT CODE: 1433617
The global mineral supplements market size is anticipated to reach USD 23.99 billion by 2030 and is projected to grow at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The major factor influencing the industry growth is the growing worldwide incidence of chronic diseases such as anemia, osteoporosis, cancer, and diabetes is boosting the growth as these supplements are useful for managing such conditions. The rising adoption of a sedentary lifestyle has led to the rising cases of lifestyle disorders.
The growing incidence of bone-related sports injuries reflects the intensifying athletic culture and growing participation in physical activities across all age groups. The rise in injuries such as fractures, stress fractures, and bone bruises, can be attributed to various factors, including high-impact & competitive sports and intense training regimens, which put considerable stress on the skeletal system. Activities such as running, basketball, soccer, and weightlifting involve repetitive motions or sudden impacts that can strain or injure bones. Moreover, inadequate warmup routines, improper technique, or overtraining without sufficient rest periods can increase vulnerability to bone injuries. These supplements, rich in calcium, vitamin D, and other minerals, serve as a complementary measure to support bone health, aiding in injury prevention and faster recovery among athletes and it expected to drive the market in forecast years.
The working age groups are more susceptible to mineral deficiencies due to several lifestyle factors. Sedentary desk jobs, hectic schedules, and reliance on processed foods have contributed to inadequate intake & absorption of essential minerals. This trend has led to a rise in mineral deficiencies among the working demographic, impacting their overall health and productivity. Environmental factors, such as pollution and limited exposure to sunlight can hinder the absorption of certain minerals like vitamin D and calcium, affecting bone health and overall well-being. Consequently, individuals in the workforce are turning to mineral supplements to bridge the nutritional gap and combat these deficiencies. Supplements offer a convenient and effective way to ensure adequate intake of essential minerals, aiding in maintaining optimal.
Furthermore, low awareness levels in emerging economies can significantly restrain the mineral supplements market. Limited understanding of the benefits, cultural differences, and varying healthcare perceptions hinder product penetration. In these regions, inadequate education about nutritional deficiencies and the role of supplements creates a barrier to consumer adoption. Addressing these awareness gaps through targeted educational campaigns and culturally sensitive marketing strategies is pivotal to unlocking the market's potential and fostering acceptance of mineral supplements in emerging economies.