Global Zinc Supplement Market, By Type (Zinc Gluconate, Zinc Acetate, Zinc Sulfate, Zinc Picolinate, Zinc Orotate, Zinc Citrate), Product Type (Shelf-Stable Creamers, Refrigerated Liquid Creamers), Application (Supermarkets/Hypermarkets, Convenience Stores, Other) – Industry Trends and Forecast to 2030.
Zinc Supplement Market Analysis and Size
The zinc supplement market is anticipated to grow at a healthy rate during the forecast period due to increasing awareness regarding health and fitness benefits which is associated with zinc. Zinc may decrease the duration of cold symptoms, improve severe and inflammatory acne, decrease heart disease risk, support blood sugar management, and slow the progression of macular degeneration. Also, increasing high prevalence of diseases, such as anemia, cancer, osteoporosis and diabetes is a vital factor which is enhancing the market growth during the forecast period,
Data Bridge Market Research analyses that the zinc supplement market was valued at USD 4.96 billion in 2022 and is expected to reach USD 10.18 billion by 2030, registering a CAGR of 9.40% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Zinc Supplement Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015 - 2020)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Zinc Gluconate, Zinc Acetate, Zinc Sulfate, Zinc Picolinate, Zinc Orotate, Zinc Citrate), Product Type (Shelf-Stable Creamers, Refrigerated Liquid Creamers), Application (Supermarkets/Hypermarkets, Convenience Stores, Other)
|
|
Countries Covered
|
U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
|
|
Market Players Covered
|
Vee Excel Drugs And Pharmaceuticals Private Limited (India), Glanbia plc. (Ireland), Danone SA (France), Now Health Group, Inc. (U.S.), Nutiva Inc (U.S.), The Simply Good Food Co (U.S.), Iovate Health Sciences International Inc. (Canada), MusclePharm Corporation (U.S.), Kerry Group Plc (Ireland), CytoSport, Inc. (U.S.), The Nature's Bounty Co. (U.S.), Reliance Vitamin Company, Inc. (U.S.), Herbalife Nutrition, Inc. (U.S.), GNC Holdings, LLC (U.S.), Orgain Inc. (U.S.), and True Nutrition (U.S.)
|
|
Market Opportunities
|
|
Market Definition
Zinc is a necessary micronutrient that is important to almost every aspect of human health and available in numerous forms. Zinc supplements may help improve immune function, stabilize blood sugar level, and help keep eyes, skin and heart healthy. These supplements are often used to treat or cure an array of ailments.
Zinc Supplement Market Dynamics
Drivers
- Rising demand of zinc supplement for maintaining weight
Obesity is one of the major problem among consumers all over the globe. According to the estimates of UNICEF, 3 out of 10 individuals are overweight in Latin America. According to numerous studies, minerals such as zinc help manage weight and curbing obesity. As a result, the demand for the zinc supplement increases which will drive the market growth.
- Increasing usage of zinc supplements for skin related issues
Zinc supplements are highly used to treat common skin conditions such as acne. Zinc zinc sulfate has been proven specifically useful for reducing symptoms of mild to moderate acne. According to the survey, zinc supplements are not only deal with treat common skin conditions but were also able to reduce the average amount of inflammatory bumps. Zinc supplements are also often favored over other treatment procedures because they’re effective, inexpensive and associated with far fewer side effects.
Opportunities
- Growing adoption of zinc supplement for treating zinc deficiency
Zinc supplements are used to help prevent and treat zinc deficiency. Zinc mineral is considered as important nutrient for treating zinc deficiency. People with impaired nutrient absorption restrictive diets or certain health conditions consume these supplements. Symptoms of a zinc deficiency include hair loss, poor appetite, diarrhoea, decreased immunity and slow wound healing. Numerous studies have found that taking zinc supplements because it is efficiently increases zinc levels in the blood. Furthermore, most cases of zinc deficiency are simply improved with supplements which is leading to a rapid improvement of any symptoms caused by zinc deficiency. Thus, the increasing adoption of zinc supplement for treating zinc deficiency will create lucrative opportunities for the market growth in upcoming years
Restraints/ Challenges
- Side effect associated with zinc supplement
The growth of the zinc supplement market is expected to be hampered by the unexpected fluctuations in the prices of raw material such as zinc. As a result, it disrupted the supply chain of raw materials and pose a major challenge for the manufacturers of zinc supplement market during the forecast period.
This zinc supplement market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the zinc supplement market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Covid-19 Impact on Global Zinc Supplement Market
Zinc supplement can decrease the risk of coronavirus infections. During the pandemic generated several business opportunities for the companies in the zinc supplement market. Zinc has been found to have the ability to block breakdown of natural tissue barriers and pathogen entrance. It has also antiviral properties. As a result, there is a huge demand of zinc supplement for new coronavirus treatment options. This has augmented the demand for zinc supplements because they have few side effects, are highly cost-effective and are available worldwide. Doctors are recommending zinc supplements as a preventative and treatment medication during pandemic. Therefore, the good immunological response to zinc supplement is creating new revenue streams for manufacturers during the pandemic period.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Zinc Supplement Market Scope
The zinc supplement market is segmented on the basis of type, product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Zinc Gluconate
- Zinc Acetate
- Zinc Sulfate
- Zinc Picolinate
- Zinc Orotate
- Zinc Citrate
Product Type
- Shelf-Stable Creamers
- Refrigerated Liquid Creamers
Application
- Supermarkets/Hypermarkets
- Convenience Stores
- Other
Zinc Supplement Market Regional Analysis/Insights
The zinc supplement market is analyzed and market size insights and trends are provided by country, type, product type and application as referenced above.
The countries covered in the zinc supplement market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the zinc supplement market in terms of revenue and market share due to presence of a major emerging contract manufacturing hubs and companies. Moreover, increasing consumer interest in preventive healthcare, increasing health consciousness and growing presence of target consumer base are some of the other which will further boost the market growth.
Middle East and Africa (MEA) is expected to be the fastest developing region during the forecast period of 2023-2030 due to many initiatives for rising the awareness regarding products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Zinc Supplement Market Share Analysis
The zinc supplement market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to zinc supplement market.
Some of the major players operating in the zinc supplement market are:
- Vee Excel Drugs And Pharmaceuticals Private Limited (India)
- Glanbia plc. (Ireland)
- Now Health International. (U.S.)
- Nutiva Inc (U.S.)
- The Simply Good Food Co (U.S.)
- Iovate Health Sciences International Inc. (Canada)
- MusclePharm (U.S.)
- Kerry Group Plc (Ireland)
- CytoSport, Inc. (U.S.)
- Nature's Bounty (U.S.)
- Reliance Private Label Supplements (U.S.)
- Herbalife Nutrition, Inc. (U.S.)
- Danone SA (France)
- GNC Holdings, LLC. (U.S.)
- Orgain Inc. (U.S.)
- True Nutrition (U.S.)
SKU-