Some of the major competitors currently working in global mineral supplements market are Omega Protein Corporation, Bio Botanica, Inc, BioPharma Services Inc, Pharmavite LLC, DSM, Nu Skin, Herbalife International of America, Inc, Glanbia, Plc, Atrium Innovations Inc, BASF SE, Amway, Bayer AG, Dow, Otsuka Pharmaceutical Co., Ltd., NaturaLife Asia Co., Ltd, Epax, Himalaya Wellness, Ricola, Orkla, Abbott, Nestle and Cargill, Incorporated among others.
Key Developments in the Market:
In October, 2017, Cooke Aquaculture Inc, acquired Omega Protein Corporation a leading company and provider of oil and protein products. With this agreement Omega Protein will be providing a strategy for the diversification in the supply side of the business
In March, 2017, Pharmavite LLC subsidiaries launched new product “omega-3”, with Xtra absorbs technology which is designed to provide fast absorption for heart healthy omega-3 fatty acids. With this product launch company has enhanced their business in the market
Increasing urbanization is driving the market growth
Rising geriatric population will propel the growth of the market
Growing awareness about preventive healthcare is also boosting the market growth
Increasing prevalence of diseases, such as cancer and diabetes is a driver for the market
Increasing availability of counterfeit products will restrain the market growth
Dearth of quality check may hinder the growth of the market in the forecast period
Inappropriate labeling will also hamper the market growth
Segmentation: Global Mineral Supplements Market
Food and Beverages
Middle East & Africa
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