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Global Micronutrient Powders Market Size study, By Ingredients (Vitamins, Fibers, Botanicals, Proteins, Amino Acids, Minerals, Omega Fatty Acids, Specialty Carbohydrates), By Application (Bone & Joint Health, Anti-cancer, Energy, Weight Management, Cardiac Health, Immunity, General Health, Diabetes, Gastrointestinal Health), By End User (Infants, Pregnant Women, Geriatric, Adults, Children), By Distribution Channel (Supermarkets Direct to Customers (DTC), Online Stores, Others), and Regional Forecasts 2022-2028

  • BIZ4983009
  • 200 Pages
  • June 2022
  • Food and Beverages
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Global Micronutrient Powders Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Micronutrient Powders is utilized to fortify foods in settings where micronutrients are insufficient to promote optimal growth in children or in pregnant women. Micronutrients are comprised of vitamins and minerals. Vitamins have applications in energy production, immune function, blood clotting and other functions. Whereas, minerals play an important role in growth, bone health, fluid balance and several other processes. The growing demand for nutrition supplements and easy availability coupled low cost of micronutrients powder as well as recent product introduced by leading market players are accelerating the global market demand. For instance, in 2019, the global market for vitamin and mineral supplements was estimated at USD 39.6 billion, and this amount is projected to grow to USD 58 billion by end of 2025. Furthermore, In May 2022, Nestle launched its new iron supplement named BUNYAD IRON+ in Pakistan. BUNYAD IRON+ is fortified with iron that is more suitable for dairy products, as well as three times more absorbed in the body. Also, growing prevalence of micronutrient deficiency and favorable government initiatives are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, lack of awareness in developing economies and high cost associated with organic micronutrients impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Micronutrient Powders Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to favorable government initiatives towards fortification of stapled food and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as increasing incidences of micronutrient deficiency among women and growing demand for nutritional supplements in the region, would create lucrative growth prospects for the global Micronutrient Powders Market across the Asia Pacific region.

Major market players included in this report are:

Herbalife International

GNC Holdings

Amway

Glanbia

Bayer

Abbott Laboratories

NutraClick

Nature’s Sunshine Forms

Bionova Lifesciences

PowerBar Europe GmbH

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 Ingredients:

Vitamins

Fibers

Botanicals

Proteins

Amino Acids

Minerals

Omega Fatty Acids

Specialty Carbohydrates

Others

By Application:

Bone & Joint Health

Anti-cancer

Energy

Weight Management

Cardiac Health

Immunity

General Health

Diabetes

Gastrointestinal Health

Others

By End User:

Infants

Pregnant Women

Geriatric

Adults

Children

By Distribution Channel:

Supermarkets

Direct to Customers (DTC)

Online Stores

Others

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, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Micronutrient Powders 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

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Micronutrient Powders Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Micronutrient Powders Market, by Ingredients, 2020-2028 (USD Million)

1.2.3. Global Micronutrient Powders Market, by Application, 2020-2028 (USD Million)

1.2.4. Global Micronutrient Powders Market, by End User, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Micronutrient Powders Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Micronutrient Powders Market Dynamics

3.1. Micronutrient Powders Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing demand for nutrition supplements.

3.1.1.2. Easy availability coupled low cost of micronutrients powder

3.1.1.3. Recent product introduced by leading market players.

3.1.2. Market Challenges

3.1.2.1. Lack of awareness in developing economies.

3.1.2.2. High cost associated with organic micronutrients.

3.1.3. Market Opportunities

3.1.3.1. Growing prevalence of micronutrient deficiency.

3.1.3.2. Favourable government initiatives.

Chapter 4. Global Micronutrient Powders Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Micronutrient Powders Market, by Ingredients

6.1. Market Snapshot

6.2. Global Micronutrient Powders Market by Ingredients, Performance - Potential Analysis

6.3. Global Micronutrient Powders Market Estimates & Forecasts by Ingredients 2018-2028 (USD Million)

6.4. Micronutrient Powders Market, Sub Segment Analysis

6.4.1. Vitamins

6.4.2. Fibers

6.4.3. Botanicals

6.4.4. Proteins

6.4.5. Amino Acids

6.4.6. Minerals

6.4.7. Omega Fatty Acids

6.4.8. Specialty Carbohydrates

6.4.9. Others

Chapter 7. Global Micronutrient Powders Market, by Application

7.1. Market Snapshot

7.2. Global Micronutrient Powders Market by Application, Performance - Potential Analysis

7.3. Global Micronutrient Powders Market Estimates & Forecasts by Application 2018-2028 (USD Million)

7.4. Micronutrient Powders Market, Sub Segment Analysis

7.4.1. Bone & Joint Health

7.4.2. Anti-cancer

7.4.3. Energy

7.4.4. Weight Management

7.4.5. Cardiac Health

7.4.6. Immunity

7.4.7. General Health

7.4.8. Diabetes

7.4.9. Gastrointestinal Health

7.4.10. Others

Chapter 8. Global Micronutrient Powders Market, by End User

8.1. Market Snapshot

8.2. Global Micronutrient Powders Market by End User, Performance - Potential Analysis

8.3. Global Micronutrient Powders Market Estimates & Forecasts by End User 2018-2028 (USD Million)

8.4. Micronutrient Powders Market, Sub Segment Analysis

8.4.1. Infants

8.4.2. Pregnant Women

8.4.3. Geriatric

8.4.4. Adults

8.4.5. Children

Chapter 9. Global Micronutrient Powders Market, by Distribution Channel

9.1. Market Snapshot

9.2. Global Micronutrient Powders Market by Distribution Channel, Performance - Potential Analysis

9.3. Global Micronutrient Powders Market Estimates & Forecasts by Distribution Channel 2018-2028 (USD Million)

9.4. Micronutrient Powders Market, Sub Segment Analysis

9.4.1. Supermarkets

9.4.2. Direct to Customers (DTC)

9.4.3. Online Stores

9.4.4. Others

Chapter 10. Global Micronutrient Powders Market, Regional Analysis

10.1. Micronutrient Powders Market, Regional Market Snapshot

10.2. North America Micronutrient Powders Market

10.2.1. U.S. Micronutrient Powders Market

10.2.1.1. Ingredients estimates & forecasts, 2018-2028

10.2.1.2. Application estimates & forecasts, 2018-2028

10.2.1.3. End User estimates & forecasts, 2018-2028

10.2.1.4. Distribution Channel estimates & forecasts, 2018-2028

10.2.2. Canada Micronutrient Powders Market

10.3. Europe Micronutrient Powders Market Snapshot

10.3.1. U.K. Micronutrient Powders Market

10.3.2. Germany Micronutrient Powders Market

10.3.3. France Micronutrient Powders Market

10.3.4. Spain Micronutrient Powders Market

10.3.5. Italy Micronutrient Powders Market

10.3.6. Rest of Europe Micronutrient Powders Market

10.4. Asia-Pacific Micronutrient Powders Market Snapshot

10.4.1. China Micronutrient Powders Market

10.4.2. India Micronutrient Powders Market

10.4.3. Japan Micronutrient Powders Market

10.4.4. Australia Micronutrient Powders Market

10.4.5. South Korea Micronutrient Powders Market

10.4.6. Rest of Asia Pacific Micronutrient Powders Market

10.5. Latin America Micronutrient Powders Market Snapshot

10.5.1. Brazil Micronutrient Powders Market

10.5.2. Mexico Micronutrient Powders Market

10.6. Rest of The World Micronutrient Powders Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Herbalife International

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. GNC Holdings

11.2.3. Amway

11.2.4. Glanbia

11.2.5. Bayer

11.2.6. Abbott Laboratories

11.2.7. NutraClick

11.2.8. Nature’s Sunshine Forms

11.2.9. Bionova Lifesciences

11.2.10. PowerBar Europe GmbH

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Micronutrient Powders Market, report scope

TABLE 2. Global Micronutrient Powders Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Micronutrient Powders Market estimates & forecasts by Ingredients 2018-2028 (USD Million)

TABLE 4. Global Micronutrient Powders Market estimates & forecasts by Application 2018-2028 (USD Million)

TABLE 5. Global Micronutrient Powders Market estimates & forecasts by End User 2018-2028 (USD Million)

TABLE 6. Global Micronutrient Powders Market estimates & forecasts by Distribution Channel 2018-2028 (USD Million)

TABLE 7. Global Micronutrient Powders Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Micronutrient Powders Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Micronutrient Powders Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Micronutrient Powders Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Micronutrient Powders Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Micronutrient Powders Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Micronutrient Powders Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Micronutrient Powders Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. Global Micronutrient Powders Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. Global Micronutrient Powders Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 17. U.S. Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 18. U.S. Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. U.S. Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 20. Canada Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 21. Canada Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. Canada Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 23. UK Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 24. UK Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. UK Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 26. Germany Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 27. Germany Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. Germany Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 29. RoE Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 30. RoE Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. RoE Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 32. China Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 33. China Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. China Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 35. India Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 36. India Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. India Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 38. Japan Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 39. Japan Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. Japan Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 41. RoAPAC Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 42. RoAPAC Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. RoAPAC Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 44. Brazil Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 45. Brazil Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Brazil Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 47. Mexico Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 48. Mexico Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. Mexico Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 50. RoLA Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 51. RoLA Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. RoLA Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 53. Row Micronutrient Powders Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 54. Row Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 55. Row Micronutrient Powders Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 56. List of secondary sources, used in the study of global Micronutrient Powders Market

TABLE 57. List of primary sources, used in the study of global Micronutrient Powders Market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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