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Analysis of the US Vitamin and Mineral Ingredients Market 

  • May 2014
  • 81 pages
  • Frost & Sullivan
Report ID: 2116826

Summary

Table of Contents

Executive Summary

•Vitamin and mineral ingredients are used in various application sectors such as food and beverages, dietary supplements, animal feed, and cosmetics.
•Vitamin ingredients are produced by x types of processes namely chemical synthesis, microbial fermentation, and natural extraction. Mineral ingredients are produced only by natural extraction or the isolation method.
•All commercially available vitamin ingredients are most widely produced by the chemical synthesis method. Hence, chemically synthesized vitamin ingredients are less expensive than naturally-sourced ingredients but lack bioavailability.
•The volume of vitamin and mineral ingredients was x MT in 2013, which is predicted to reachx MT by 2018 with a steady compound annual growth rate (CAGR) of x%.
•The average price of vitamin and mineral ingredients is expected to grow at a CAGR of x% from 2013 to 2018.
•In 2013, the revenue of the vitamin and mineral ingredients market in the United States was $x million, and it is expected to grow at a CAGR ofx%, reaching $x million by 2018.
•Price, quality, product differentiation, patents, and innovations are the key competitive factors among vitamins and minerals manufacturers.
•The key market participants include DSM Nutritional Products, Archer Daniels Midland, BASF Corporation, Mineral Resources International Inc. (MRI Inc.), and Adisseo Inc.
•This research service provides strategic insights of the vitamin and mineral ingredients market in the United States (US).
•The vitamins covered are B2, B3, B12, B5, A, B1, B6, B9, D, C, K, and E.
•The minerals included are selenium, lutein, zeaxanthin, calcium, iron, magnesium, phosphorous, potassium, sodium, zinc, copper, and manganese.
•The study discusses the growth factors of vitamins and minerals as a dietary supplement and as a fortified food.
•The key trends covered in detail are product trends, pricing trends, promotion trends, and regulatory trends.

Vitamin and Mineral Ingredients:
•Vitamins are organic compounds, classified as water soluble and fat soluble vitamins.
•Mineral ingredients are inorganic trace elements essential to maintain proper metabolism. They also help in maintaining bone and joint health in both humans and animals.
•These nutrients have proven to be potential preventive medicines for various age-related and other deficiency disorders, thus driving market growth.
•These micro-nutrients are also gaining popularity in the cosmetics sector due to their anti-aging and UV-protection properties.

Market Overview—Applications for Vitamin Ingredients
•Vitamin A promotes the growth and repair of body tissues and is also essential for proper night vision.
•Vitamin B complex is mainly used in animal feed, as it helps with growth and development.
•Vitamin C is an important ingredient in cosmetics because of its anti-aging and UV-protection properties.
•Vitamin D aids in the absorption of calcium, helps to build bone mass, and prevents bone-related disorders.
•Vitamin E helps protect cells from free radical injury and is key for normal growth and development. Is serves as an antioxidant and protects against cancers, cataracts, and heart disease.
•Vitamin K helps in maintaining bone health by assisting in the carboxylation of Gla protein, which allows calcium to bind to the bones.

Market Overview—Applications for Mineral Ingredients
•Iron is an important mineral required to maintain healthy hemoglobin levels in the blood, which is essential to prevent anemia.
•Approximately xtox ml/dl magnesium is required to activate over x enzymes that help in the proper functioning of nerves and muscles.
•Approximately xto x mEq per liter of potassium is essential for maintaining a healthy blood pressure, thereby preventing cardiac arrest.
•In order to maintain metabolic balance, the human body requires trace minerals such as manganese.
•Calcium boosts bone and teeth growth and prevents arthritis. Calcium is absorbed in the presence of vitamin D, thus making both nutrients essential for the body.
•With an increasing aging population, minerals are in higher demand as they are important in maintaining bones and joints.

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ref:plp2014

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