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Food Minerals Market Size

  • Report ID: GMI3202
  • Published Date: Sep 2023
  • Report Format: PDF

Food Minerals Market Size

Food Minerals Market size is anticipated to record over 5.9% CAGR from 2023 to 2032, due to the shifting inclination to transparent and healthier food choices. The rising consumer focus on seeking food products with clean labels, including natural and minimally processed minerals and mineral-rich ingredients will stimulate the industry expansion. With the growing demand for functional and fortified foods, several manufacturers are fortifying wide range of products with essential minerals for catering to consumers requiring nutritionally enhanced options.
 

Food Minerals Market

The increasing importance of personalized nutrition has also compelled several companies to explore ways for customizing mineral fortification for meeting specific nutritional needs and preferences of individual consumers, adding to the industry growth.
 

Food Minerals Market Growth Drivers & Restraints

The surging consumer awareness along with the growing regulatory support will drive the industry development. For instance, in June 2022, the U.S. FDA launched Supplement Your Knowledge, its new education initiative for broadening the public understanding of dietary supplements. However, the higher costs of mineral extraction processes and the challenges related to research and clinical trials may hamper the demand for food minerals to considerable extent.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market size of food minerals is anticipated to record over 5.9% CAGR from 2023 to 2032, due to the shifting inclination to transparent and healthier food choices.

Food minerals market size from the magnesium product segment is expected to witness appreciable CAGR from 2023 to 2032, driven by rising importance in regulating more than 300 enzymatic reactions.

North America food minerals market size is slated to record more than 5% CAGR from 2023 to 2032, due to the surge in awareness about the importance of balanced diets mainly in the U.S., Canada and Mexico.

Some of the prominent food mineral providers include Bee Health, BASF, Youngevity, DSM Nutritional Products, Bayer, Pharmaca, Solgar, Novartis, and Rainbow Light among others.

Food Minerals Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 24
  • Tables & Figures: 469
  • Countries covered: 23
  • Pages: 385
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