The global calcium supplement market is anticipated to grow at a CAGR of nearly 8.5% during the forecast period (2022-2028). The major factor expected to drive the market is increasing due to focus on maintaining adequate calcium in the body and its potential benefits associated with the heart, muscles, and nerves. In addition, a calcium supplement is a viable option for optimal bone health which supports the market to grow during the forecast period. Moreover, women especially in their mid-30s have shown greater interest in calcium-based supplements, to maintain their bone health. This, in turn, is accelerating the growth of the market.
Some major players in the market include Amway Corp., GlaxoSmithKline plc, and GNC Holding LLC, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in July 2019, Amway India Enterprises Pvt. Ltd. announced the launch of the enhanced version of the calcium supplement, Nutrilite Cal Mag D Plus. According to the company, the new calcium supplement provides essential nutrition to support and maintain healthy bones when taken as part of a well-balanced diet. In addition to the calcium from the rich algal source along with calcium carbonate and double the amount of vitamin D that promotes calcium absorption, Nutrilite Cal Mag D Plus also consists of nutrients such as magnesium, manganese, and zinc making it more effective. Furthermore, in July 2019, Amway India Enterprises Pvt. Ltd. also announced that the company aims to double its nutrition business, which accounts for more than 50% of its revenues by 2025.
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Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Application
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Top Major Key Players:
Amway Corp., GlaxoSmithKline plc, GNC Holding LLC, among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
A full report of calcium supplement market is available at:
https://orionmarketreports.com/global-calcium-supplement-market/95561/
Global Calcium Supplement Market Report by Segment
By Application
Child
Adult
By Distribution Channel
Online
Offline
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