The concept of functional foods is providing a paradigm shift to the mineral ingredients market. The demand for functional foods has increased by leaps and bounds in the past half-decade, which in turn has been creating lucrative avenues for the mineral ingredients manufacturers. The growth of other industries where mineral ingredients are finding extensive application such as dairy products and infant formula, have created a conducive environment for growth of mineral ingredients market. Amid safety concerns, companies are channelizing research and development initiatives to scour novel sources of mineral ingredients from seeds and barks of plants, vis-a-vis mineral ingredients traditionally obtained from mining salts. On this backdrop, the global market for mineral ingredients is expected to reach ~ US$ 935 Mn by the end of 2027, growing at a moderate CAGR of about 5.5%.

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