QYResearch Reviewed: Global Vitamin & Mineral Supplement Market Research Report 2017 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH
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QYResearch • The Vitamin & Mineral Supplement industry concentration is very low; there sales of Top 4 manufacturers take up less than 30% of the world in 2016. Due to the wide range of products offered, the market for dietary supplements remains highly fragmented, with only two companies expected to account for greater than a 5.0% share of the market. The high-end products mainly come from USA and European. In the world wide, giant manufactures mainly distribute in these two areas and Asia, where is represented by Japan, China. www.qyresearch.com
QYResearch • Currently, the main type of Vitamin & Mineral Supplements include multivitamin, single vitamin, multi-mineral and single mineral. Multivitamin is the main product which takes up about 50% of market share. Single vitamin takes about 30%. Multi mineral takes about 12%. Single mineral takes about 8%. • The sales volume of Vitamin & Mineral Supplement increases from 198323 MT in 2012 to 235290 MT in 2016, at a CAGR of about 4.37%. The sales revenue of Vitamin & Mineral Supplement increases from about 41492 M $ in 2012 to 45010 M $ in 2016, at a CAGR of more than 0.98%. In 2016, the world Vitamin & Mineral Supplement production market is led by USA and Japan, while Europe accounts for about 13.98% and China accounts for about 7.31% in 2016.
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QYResearch The price of Vitamin & Mineral Supplement keeps decreasing in past five years owing to the developed technology and over capacity. In 2016, the price of Multivitamin supplement is at about 193988 $/MT, with Single Vitamin Supplement of 187781 $/MT and Multi Mineral Supplement of 189384 $/MT. The Single Mineral Supplement is about 190766 $/MT. In the next few years, we predict that price will keep to stably decreasing.
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