Vitamin and Minerals Global Market Report 2021: COVID-19 implications and growth to 2030 – ResearchAndMarkets.com (Yahoo)

Yahoo reported that the global vitamin and minerals market is expected to decline from $18.14 billion in 2020 to $17.54 billion in 2021 at a compound annual growth rate (CAGR) of -3.3 percent. The market is expected to reach $22.21 billion in 2025 at a CAGR of 6 percent. IFPRI has gathered evidence of major disruptions to livestock production in China, and vegetables and fruits in Ethiopia, whereas Indian news reported a full-blown collapse in the production of dairy products, which is especially worrying the countries where milk and milk products remain key sources of primary nutrients for young children. Therefore, disruptions in supply chains for nutrient-rich foods are expected to hinder the growth of the vitamins and mineral supplement market. Republished in Benzinga, Jot Up, Pharm Web, Galveston News, Morning Star, and more than 20 other media outlets.