QYResearch: The sales volume of Vitamin & Mineral Supplement increases from 198323 MT in 2012 to 235290 MT in 2016
This report studies the global Vitamin & Mineral Supplement market. Vitamin & Mineral Supplement usually contains one or several types of following component:
Water-soluble vitamins. These vitamins pass in and out of the body easily. Most do not build up in the body's cells. Water-soluble vitamins include vitamin C and the B vitamins: thiamine, riboflavin, niacin, pantothenic acid, B6, biotin, folic acid, and B12.
Fat-soluble vitamins. These vitamins are stored in the body's cells and do not pass out of the body as easily as water-soluble vitamins do. Fat-soluble vitamins include vitamins A, D, E, and K.
Minerals. These include calcium, copper, iron, magnesium, phosphorus, potassium, selenium, and zinc.
The sales volume of Vitamin & Mineral Supplement increases from 198323 MT in 2012 to 235290 MT in 2016, at a CAGR of about 4.37%. The sales revenue of Vitamin & Mineral Supplement increases from about 41492 M $ in 2012 to 45010 M $ in 2016, at a CAGR of more than 0.98%. In 2016, the world Vitamin & Mineral Supplement production market is led by USA and Japan, while Europe accounts for about 13.98% and China accounts for about 7.31% in 2016.
According to QYResearch, The price of Vitamin & Mineral Supplement keeps decreasing in past five years owing to the developed technology and over capacity. In 2016, the price of Multivitamin supplement is at about 193988 $/MT, with Single Vitamin Supplement of 187781 $/MT and Multi Mineral Supplement of 189384 $/MT. The Single Mineral Supplement is about 190766 $/MT. In the next few years, we predict that price will keep to stably decreasing.
The Vitamin & Mineral Supplement industry concentration is very low; there sales of Top 4 manufacturers take up less than 30% of the world in 2016. Due to the wide range of products offered, the market for dietary supplements remains highly fragmented, with only two companies expected to account for greater than a 5.0% share of the market. The high-end products mainly come from USA and European. In the world wide, giant manufactures mainly distribute in these two areas and Asia, where is represented by Japan, China.
The key consumption markets locate at countries in USA, Europe, South America and Asia. USA takes the market share of 42%, followed by Japan with about 27%. Europe consumption market has taken up about 13% in 2016. China takes about 7%.
QYResearch tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a stable and smooth curve.
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