Base Year
Historical Year
Forecast Year
Value in AUD Million
2024-2032
Australia Vitamins and Minerals Market Outlook
*this image is indicative*
Based on the application, the Australia vitamins and minerals market share is driven by energy and weight management.
Vitamins and minerals are commonly used to maintain energy levels and to support individuals' diet and healthy lifestyle habits. Vitamins and minerals such as vitamin B, vitamin B6, and iron nutrients are consumed to help with combating fatigue and low energy levels. Other nutrients supplements such as vitamin C, vitamin E and zinc are consumed to support overall health and well-being. Calcium and Vitamin D are essential for maintaining strong and healthy bones and are specifically consumed by pregnant women to obtain enough nutrients to support their bone health.
The Australia vitamins and minerals market is expected to grow as individuals have been focusing on maintaining and improving their overall health, immunity, and vitality. Consumers use various preventive health measures such as vitamins and minerals supplements, regular exercise, and a balanced diet to maintain their overall health. Manufacturers and producers are developing different new vitamins and minerals formulations to meet the diverse and specific needs of consumers.
According to the AIHW analysis of National Perinatal Data collection, a total number of 315,705 babies were born in 2021, an increase of 6.25% from the previous year in Australia.
Australia Vitamins and Minerals Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
Supermarkets and Hypermarkets are prominent channels for distribution. These retail outlets offer a wide range of vitamins, minerals, and dietary supplements, catering to diverse consumer preferences and health needs. Supermarkets and hypermarkets provide convenience and accessibility, allowing customers to browse and purchase nutritional products along with their regular grocery shopping.
The growth of the vitamins and minerals market is fuelled by an increasing focus on health and well-being creating a shift towards organic products. Companies integrate sustainable practices for health-driven individuals.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market is projected to grow at a CAGR of 5.54% between 2024 and 2032.
Based on the type, the vitamins and minerals market is bifurcated into multivitamins, vitamin A, vitamin B, vitamin C, vitamin D and others.
Key players in the industry are Blackmores Limited, JSHealth Vitamins Pty Ltd, Swisse Wellness Pty Ltd, Digital Services Australia II Pty Ltd, and McPherson's Consumer Products Pty Limited among others.
Based on applications, the vitamins and minerals market is divided into bone and joint health, energy and weight management, general health and others.
The different distribution channels in the vitamins and minerals market include supermarkets and hypermarkets, pharmacies and drug stores and online channels.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, and Western Australia among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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