Australia & New Zealand Dried Fruits MARKET By Application
| Label | US | Canada | Mexico |
|---|---|---|---|
| 2019 | 21573.6 USD Mn | 3123.6 USD Mn | 699.4 USD Mn |
| 2020 | 22801.9 USD Mn | 3314.1 USD Mn | 738.4 USD Mn |
| 2021 | 24137.8 USD Mn | 3518.6 USD Mn | 780.1 USD Mn |
| 2022 | 25564.4 USD Mn | 3738.9 USD Mn | 824.3 USD Mn |
| 2023 | 27116.7 USD Mn | 3977.1 USD Mn | 871.9 USD Mn |
| 2024 | 28765.3 USD Mn | 4234.5 USD Mn | 922.3 USD Mn |
| 2025 | 30498.7 USD Mn | 4510.8 USD Mn | 976.8 USD Mn |
| 2026 | 32421.3 USD Mn | 4809.4 USD Mn | 1034.5 USD Mn |
| 2027 | 34493.2 USD Mn | 5134.5 USD Mn | 1097.4 USD Mn |
| 2028 | 36787.6 USD Mn | 5493.7 USD Mn | 1168.5 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Vitamin & Mineral Supplements Market, By Country market is on a steady long-term growth path. Segment value stands at roughly USD 38265 Mn in 2026 and is projected to reach USD 43450 Mn by 2028 — a gain of about 14% over the forecast period, translating to a CAGR in the mid-single digits.
- The global vitamin and mineral supplements market has seen significant growth in recent years, with more and more people becoming health-conscious and seeking preventive measures to maintain optimal health. This trend has been particularly evident in many countries around the world where people are increasingly turning to vitamin and mineral supplements to boost their overall well-being and bridge nutritional gaps in their diets.
- What the regional split looks like (2026): US leads, holding roughly 85% of segment value — the single largest regional share. Canada is the second-largest contributor. Mexico make up the remainder, in descending order.
- By 2028, US alone is expected to reach USD 36788 Mn, with Canada at USD 5494 Mn.
Market Dynamics
The global vitamin and mineral supplements market has seen significant growth in recent years, with more and more people becoming health-conscious and seeking preventive measures to maintain optimal health. This trend has been particularly evident in many countries around the world where people are increasingly turning to vitamin and mineral supplements to boost their overall well-being and bridge nutritional gaps in their diets. One of the key factors driving the demand for vitamin and mineral supplements is the rising prevalence of chronic diseases, such as diabetes, heart diseases, and obesity, globally. These diseases are often linked to poor dietary choices and nutrient deficiencies. As a result, individuals are becoming increasingly aware of the importance of maintaining a healthy and balanced diet, and are turning to supplements to ensure they are meeting their daily nutrient requirements. In addition, the rapidly aging population worldwide is also contributing to the growth of the vitamin and mineral supplements market. As people age, their bodies become less efficient at absorbing and synthesizing essential nutrients from food sources.
This, coupled with the increased risk of chronic diseases in older individuals, has led to a surge in demand for supplements to help maintain health and prevent age-related illnesses. Moreover, with the advancements in technology and increased access to information, people are more aware of the benefits of vitamins and minerals and their role in maintaining overall health. This has resulted in a shift towards preventive healthcare and a focus on lifestyle choices, including a balanced diet and supplemental intake. The demand for vitamin and mineral supplements also varies from country to country, depending on factors such as dietary habits, economic development, and cultural beliefs. In developed countries, such as the United States and Germany, there is a higher demand for supplements due to the availability of a wide range of products and a greater emphasis on wellness and fitness. On the other hand, in developing countries, the demand for supplements is driven by a lack of access to quality and diverse food options, making supplements a convenient and affordable alternative to meeting nutritional needs. Overall, the demand for vitamin and mineral supplements is expected to continue to grow as individuals become more health-conscious and seek preventative healthcare measures.
The rise in chronic diseases and the aging population will also contribute to the demand in the coming years. With the growing emphasis on wellness and preventive healthcare, the vitamin and mineral supplements market is expected to thrive globally, satisfying the demand of various countries and meeting the nutritional needs of individuals.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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