Global Food Minerals Market to reach USD xx billion by 2027.Global Food Minerals Market is valued approximately at USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2021-2027. Minerals are essential for the development and growth of human body, but they are not biologically synthesized, which is why they are consumed from the different types of food. The global Food Minerals market is being driven by the rising fatalities due to nutritional deficiency. For instance, according to a WHO factsheet of 2020, nutritional deficiencies such as vitamin A, iron, or iodine caused approximately 45% of fatalities among children under the age of five globally. The other driving factor for the market growth is the increase in favorable government regulations or initiatives to promote the consumption of nutrient rich diet. Furthermore, the growing adoption of natural food-based mineral in pharmaceutical industries and rise in allergies & weak immune systems will provide new opportunities for the global Food Minerals industry. However, high cost of products and rising consumption of unhealthy junk food may impede market growth over the forecast period of 2021-2027.
The regional analysis is segmented on the basis of the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World of the global Food Minerals Market. North America is the leading region across the world in terms of market share due to rising incidences of obesity and presence of large established manufacturers have stimulated product demand in the region. Whereas Europe is anticipated to exhibit the highest CAGR over the forecast period 2021-2027, due to the shifting consumer inclination for healthy food habits and rising incidences of diseases in the region.
Major market player included in this report are:
Sigma Minerals Ltd.
Archer Daniels Midland Company
Cargill
Dangote Industries Limited
Eisai Co., Ltd.
Avion Pharmaceuticals, LLC
Omya AG
CalciTech Europe Limited
Waitaki Bio
ABF Ingredients
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Zinc
Magnesium
Calcium
Others
By Source:
Marine
Fruits
Vegetables
Others
By Application:
Nutraceutical Industries
Pharmaceutical industries
Food & Beverage Industries
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Food Minerals Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors