Global Micronutrient Powder Market Insights, Forecast to 2034
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global Micronutrient Powder Market Insights, Forecast to 2034
Micronutrient Powder (MNP) is a nutrient supplement that contains many vitamins and minerals to support optimal growth and development in young children.
Global Micronutrient Powder market is expected to reach to US$ 108 million in 2024, with a positive growth of %, compared with US$ 104 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Micronutrient Powder industry is evaluated to reach US$ 134.3 million in 2029. The CAGR will be 3.7% during 2024 to 2029.
Micronutrients, including vitamins and minerals, are vital for overall health and development. However, deficiencies of these nutrients are prevalent in many parts of the world, particularly in low-income and developing countries. Micronutrient powders serve as a convenient and cost-effective solution to combat nutritional deficiencies, especially in populations with limited access to diverse diets. Micronutrient powders are often targeted towards infants and young children, as this is a critical period for growth and development. These powders are typically added to complementary foods or beverages to enhance their nutritional value. Additionally, there is a growing emphasis on maternal nutrition, as the health and well-being of pregnant women can significantly impact the nutritional status of their children. Many governments and international organizations have recognized the importance of addressing micronutrient deficiencies and have implemented various programs and interventions. This includes the distribution of micronutrient powders through public health services, schools, and community-based initiatives. These initiatives aim to improve the nutritional status and overall health outcomes of vulnerable populations, particularly children. The market for micronutrient powders has witnessed ongoing product innovation and development. Manufacturers are striving to improve the taste, stability, and bioavailability of these powders, making them more appealing and effective. Additionally, there is a focus on developing different formulations to cater to specific age groups and nutritional requirements. Increasing awareness about the importance of good nutrition and the role of micronutrients has contributed to the growth of the market. Various educational and marketing campaigns have been launched to promote the benefits of using micronutrient powders, both among healthcare professionals and consumers. These campaigns highlight the potential health benefits and long-term impact of addressing micronutrient deficiencies. The demand for micronutrient powders varies across different regions, depending on the prevalence of nutritional deficiencies, healthcare infrastructure, and government initiatives. Sub-Saharan Africa, South Asia, and parts of Southeast Asia have been identified as key markets for these powders due to the high incidence of malnutrition. However, there is also a growing market in developed countries, where these powders are used as a means to supplement diets and promote optimal nutrition. Given the critical nature of these products and their use among vulnerable populations, there are strict regulatory standards and quality control measures in place. Manufacturers must adhere to specific guidelines and certifications to ensure the safety, efficacy, and accuracy of their products. This includes compliance with international standards for fortification and quality testing. In conclusion, the global micronutrient powder market plays a crucial role in addressing nutritional deficiencies, particularly among infants and young children. The market is driven by rising awareness, government support, product innovation, educational campaigns, and regional factors. As the focus on nutrition and public health continues to grow, the demand for micronutrient powders is expected to increase, creating opportunities for manufacturers and promoting better health outcomes globally.
Report Covers
This report presents an overview of global Micronutrient Powder market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Micronutrient Powder market with multiple angles. Items like regional sales, revenue from 2018 to 2029 and manufacturers’ sales, price, revenue and gross margin from 2018 to 2024 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report
Herbalife International
GNC Holdings
Amway
Glanbia
Bayer
Abbott Laboratories
NutraClick
Nature’s Sunshine Forms
Bionova Lifesciences
PowerBar Europe GmbH
Arkopharma Laboratoires Pharmaceutiques
Nutrex
Olimp Laboratories
Pfizer
Post Holdings Inc.
Segment by Type
Vitamins
Fibers
Botanicals
Proteins
Amino Acids
Minerals
Omega Fatty Acids
Specialty Carbohydrates
Others
Hospital
Healthcare
Others
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue and sales volume analysis from 2018 to 2029
Chapter 3Manufacturers’ sales, revenue and price analysis, including manufacturers’ Micronutrient Powder plant distribution, commercial date of Micronutrient Powder, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 4Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 5Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 6Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 9Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Manufacturers’ outline, covering company’s basic information, major business, Micronutrient Powder introduction, etc. Micronutrient Powder Sales, Revenue, Price and Gross Margin of each company from 2018 to 2024
Chapter 12Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 13Market opportunities and challenges analysis
Chapter 14Mr Accuracy reports Conclusions of Micronutrient Powder
Chapter 15Methodology and Data Sources adopted by Mr Accuracy reports
Global Micronutrient Powder market is expected to reach to US$ 108 million in 2024, with a positive growth of %, compared with US$ 104 million in 2022 which suffered dual impact of COVID-19 and Russia-Ukraine War in the year. Backed with the increasing demand from downstream industries, Micronutrient Powder industry is evaluated to reach US$ 134.3 million in 2029. The CAGR will be 3.7% during 2024 to 2029.
Micronutrients, including vitamins and minerals, are vital for overall health and development. However, deficiencies of these nutrients are prevalent in many parts of the world, particularly in low-income and developing countries. Micronutrient powders serve as a convenient and cost-effective solution to combat nutritional deficiencies, especially in populations with limited access to diverse diets. Micronutrient powders are often targeted towards infants and young children, as this is a critical period for growth and development. These powders are typically added to complementary foods or beverages to enhance their nutritional value. Additionally, there is a growing emphasis on maternal nutrition, as the health and well-being of pregnant women can significantly impact the nutritional status of their children. Many governments and international organizations have recognized the importance of addressing micronutrient deficiencies and have implemented various programs and interventions. This includes the distribution of micronutrient powders through public health services, schools, and community-based initiatives. These initiatives aim to improve the nutritional status and overall health outcomes of vulnerable populations, particularly children. The market for micronutrient powders has witnessed ongoing product innovation and development. Manufacturers are striving to improve the taste, stability, and bioavailability of these powders, making them more appealing and effective. Additionally, there is a focus on developing different formulations to cater to specific age groups and nutritional requirements. Increasing awareness about the importance of good nutrition and the role of micronutrients has contributed to the growth of the market. Various educational and marketing campaigns have been launched to promote the benefits of using micronutrient powders, both among healthcare professionals and consumers. These campaigns highlight the potential health benefits and long-term impact of addressing micronutrient deficiencies. The demand for micronutrient powders varies across different regions, depending on the prevalence of nutritional deficiencies, healthcare infrastructure, and government initiatives. Sub-Saharan Africa, South Asia, and parts of Southeast Asia have been identified as key markets for these powders due to the high incidence of malnutrition. However, there is also a growing market in developed countries, where these powders are used as a means to supplement diets and promote optimal nutrition. Given the critical nature of these products and their use among vulnerable populations, there are strict regulatory standards and quality control measures in place. Manufacturers must adhere to specific guidelines and certifications to ensure the safety, efficacy, and accuracy of their products. This includes compliance with international standards for fortification and quality testing. In conclusion, the global micronutrient powder market plays a crucial role in addressing nutritional deficiencies, particularly among infants and young children. The market is driven by rising awareness, government support, product innovation, educational campaigns, and regional factors. As the focus on nutrition and public health continues to grow, the demand for micronutrient powders is expected to increase, creating opportunities for manufacturers and promoting better health outcomes globally.
Report Covers
This report presents an overview of global Micronutrient Powder market from 2018 to 2029, aiming to help readers to get a comprehensive understanding of global Micronutrient Powder market with multiple angles. Items like regional sales, revenue from 2018 to 2029 and manufacturers’ sales, price, revenue and gross margin from 2018 to 2024 are analyzed. In addition, sales and revenue of product type and application in each region from 2018 to 2029 are also highlighted.
Manufacturers, Type, Application and Regions Listed in the Report
By Company
Herbalife International
GNC Holdings
Amway
Glanbia
Bayer
Abbott Laboratories
NutraClick
Nature’s Sunshine Forms
Bionova Lifesciences
PowerBar Europe GmbH
Arkopharma Laboratoires Pharmaceutiques
Nutrex
Olimp Laboratories
Pfizer
Post Holdings Inc.
Segment by Type
Vitamins
Fibers
Botanicals
Proteins
Amino Acids
Minerals
Omega Fatty Acids
Specialty Carbohydrates
Others
Segment by Application
Hospital
Healthcare
Others
Segment by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1Product definition, type and application introduction
Chapter 2Regional revenue and sales volume analysis from 2018 to 2029
Chapter 3Manufacturers’ sales, revenue and price analysis, including manufacturers’ Micronutrient Powder plant distribution, commercial date of Micronutrient Powder, product type offered, Mergers & Acquisitions and expansion activities.
Chapter 4Product sales, revenue and price analysis by type from 2018 to 2029 globally
Chapter 5Product sales, revenue and price analysis by application from 2018 to 2029 globally
Chapter 6Product sales, revenue analysis by type and application from 2018 to 2029 in US & Canada. Product sales and revenue analysis of each country in US & Canada from 2018 to 2029
Chapter 7Product sales, revenue analysis by type and application from 2018 to 2029 in Europe. Product sales and revenue analysis of each country in Europe from 2018 to 2029
Chapter 8Product sales, revenue analysis by type and application from 2018 to 2029 in China. Product sales and revenue analysis of China from 2018 to 2029
Chapter 9Product sales, revenue analysis by type and application from 2018 to 2029 in Asia (excluding China). Product sales and revenue analysis of each country in Asia (excluding China) from 2018 to 2029
Chapter 10Product sales, revenue analysis by type and application from 2018 to 2029 in Middle East, Africa and Latin America. Product sales and revenue analysis of each country in Middle East, Africa and Latin America from 2018 to 2029.
Chapter 11Manufacturers’ outline, covering company’s basic information, major business, Micronutrient Powder introduction, etc. Micronutrient Powder Sales, Revenue, Price and Gross Margin of each company from 2018 to 2024
Chapter 12Industry chain analysis, like raw materials, manufacturing cost. Market channel, distributors and customers analysis
Chapter 13Market opportunities and challenges analysis
Chapter 14Mr Accuracy reports Conclusions of Micronutrient Powder
Chapter 15Methodology and Data Sources adopted by Mr Accuracy reports
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