Singapore: vitamins & minerals revenue growth 2019-2029

The revenue change in the 'Vitamins & Minerals' segment of the otc pharmaceuticals market in Singapore was forecast to continuously decrease between 2024 and 2029 by in total 1.1 percentage points. According to this forecast in 2029, the indicator will have decreased for the eighth consecutive year to 4.18 percent.

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Revenue growth of the vitamins & minerals market in Singapore from 2019 to 2029

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:
The Vitamins and Minerals market comprises over-the-counter natural and synthetic food supplements like multivitamin preparations, minerals, vitamins, tonics and cod liver oil. Vitamins and minerals include preparations in the form of capsules, dragees, pills, granulate, ampoules, solutions, powders, syrups for oral use. Not included are prescription medicines, preparations that are not explicit food supplement drugs (e.g. muscle-building preparations) or primarily serve cosmetic purposes. Among the top-selling vitamin and mineral products are Vitasprint, Orthomol, magnesium granulate, Curazink, Centrum. It includes both products which are exclusively sold in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Additional information:
The market comprises revenues, average revenue per capita. Sales channels show online and offline revenue. Revenues include VAT. The market only displays B2C revenues, hence B2B and B2G revenues are not included.
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