Tag Archives: Mineral Ingredients Market

Mineral Ingredients Market exhibiting a CAGR of 5.7% by 2017 to 2026

The factors that are boosting the global mineral ingredients market include the increasing population and the impressive growth of the F&B industry during the past few years. Other factors that are driving the global mineral ingredients market include an increasing deficiency of mineral ingredients that causes many health complications and diseases in people. In addition, there is a growing health consciousness amongst the consumers both in the developed and emerging economies and this is leading to an increasing demand of functional foods, and this is giving a boost to the global mineral ingredients market. Besides, the mineral ingredients possess many beneficial health properties and they even help in working as an anti-ageing agents, and this is likely to act as a driving factor for the global mineral ingredients market. Also, rising urbanization, changing life style of people and a vast choice for the consumers in the form of various type of mineral ingredients also contributes to the growth of this lucrative market.
According to a recent study published by Fact.MR, the global market for mineral ingredients is anticipated to expand at a CAGR of 5.1% in terms of volume during the forecast period, 2017-2026. By the end of 2026, an estimated US$ 930 Mn worth of mineral ingredients are pegged to be sold in the global market.

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Mineral Ingredients Market exhibiting a CAGR of 5.7% by 2017 to 2026

The factors that are boosting the global mineral ingredients market include the increasing population and the impressive growth of the F&B industry during the past few years. Other factors that are driving the global mineral ingredients market include an increasing deficiency of mineral ingredients that causes many health complications and diseases in people. In addition, there is a growing health consciousness amongst the consumers both in the developed and emerging economies and this is leading to an increasing demand of functional foods, and this is giving a boost to the global mineral ingredients market. Besides, the mineral ingredients possess many beneficial health properties and they even help in working as an anti-ageing agents, and this is likely to act as a driving factor for the global mineral ingredients market. Also, rising urbanization, changing life style of people and a vast choice for the consumers in the form of various type of mineral ingredients also contributes to the growth of this lucrative market.