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(Transportation-News.com, January 19, 2016 ) Global mineral supplements market is increasing mainly attributed to growing geriatric population, increasing demand from pregnant women, and rising urban population. By end-user, the adult women segment hold the largest share of the total market in 2014 and it is expected to reach $5.7 million in 2020, at a CAGR of 7.6% for the period 2015-2020. During pregnancy, women are advised by their doctors to take more supplements, including mineral supplements, to avoid any deficiency in the body related to minerals. This, in turn, acts one of the growth factors for the global mineral supplements market.
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The information and data in the publication “Global Mineral Supplements Market Size, Share, Development, Growth and Demand Forecast to 2020” represent the research and analysis of data from various primary and secondary sources. Bottom-up approach has been used to calculate the global mineral supplements market by end-user and by application. The market numbers for regions are also derived through bottom-up approach. P&S Market Research analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in this report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, aided by informed and detailed online and offline research.
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By geography, Asia-Pacific mineral supplements market is expected to witness the fastest growth (9.4% CAGR) globally during 2015 – 2020. Rising urban population paired with rising number of health conscious people, especially in the developing Asian countries such as India and China, are more willing to shift towards intake of supplement products including mineral supplements to compensate their nutritional requirement, which is mainly due to the hectic lifestyle associated with urban population. This is further expected to boost the global mineral supplements market.
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The key companies operating in the global mineral supplements market include Nu Skin Enterprises, Inc., Glanbia Plc., NBTY, Inc., Koninklijke DSM N.V., BASF SE, E. I. du Pont de Nemours and Company, Atrium Innovations, Inc., Bayer AG, Amway, and Herbalife, Ltd.
MINERAL SUPPLEMENTS MARKET SEGMENTATION
Mineral Supplements by End-User
• Adult Women
• Adult Men
• Senior Citizens
Mineral Supplements Market by Application
• Food and Beverage
• Pharmaceutical
GEOGRAPHICAL SEGMENTATION
Mineral Supplements Market by Region
• North America
• Europe
• Asia-Pacific
• Rest of the World (ROW)
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