#Vitamin D Market

[prajwal-agale001]

According to this latest publication from Meticulous Research®, in terms of value, the vitamin D market is projected to reach $2.43 billion by 2030, at a CAGR of 7.1% from 2024 to 2030. Growing demand for vitamins for enrichment or fortification of food & beverages, feed & pet food, pharmaceuticals, and personal care products; rising prevalence of vitamin D deficiency; growing health & wellness trend; and growing demand for dietary supplements are the factors expected to drive this market. However, stringent regulations related to the fortification of food and feed products is expected to impede the growth of this market to a certain extent.

[aadeshmmr]

To keep teeth and bones strong and healthy, vitamin D is necessary. Along with numerous other bodily activities, it also controls inflammation and immune response.

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Vitamin D Market: Health Awareness Boosts D2 & D3 Usage

Over 1 billion people globally are diagnosed with vitamin D (VD) deficiency, as per the National Institutes of Health. In acute cases, VD insufficiency even surges the risk of osteoporosis, fractures, obesity, and other chronic conditions. As per our estimates, the global vitamin D market is set to garner incremental revenue worth $2789.04 million by 2030, rising at a CAGR of 7.51% during the 2023-2030 forecast period.

Popularly known as the sunshine vitamin, VD plays a pivotal role in strengthening bone health among people, especially the geriatric population. However, around 30-50% of people are vitamin D deficient in the US and Canada due to lack of sunlight exposure, specifically during winters. These factors have thus accelerated the demand for vitamin D2 and D3 supplements, supporting the projected fast growth of the North America vitamin D market.

Broadening Vitamin D Applications: A Deficiency Resolution

With the rising awareness about the health benefits of vitamin-rich consumables, the inclusion of vitamin D has increased significantly across multiple industries, including pharmaceutical, food and beverage (F&B), and animal feed. The application has widened immensely over the past few years, from fortified foods to tablets.

Let’s take a deeper look into the key application areas of vitamin D:

Immunity Booster in the Pharmaceutical Industry:

Vitamin D finds application in vitamin therapy, IVs, and laboratories to promote calcium absorption in the body. In recent years, the rise in deficiencies and medical complications has accelerated the vitamin’s inclusion in various medications for promoting bone and immunity growth. Hence, the pharmaceutical category dominated in terms of usage, with revenue worth $752.43 million in 2022.

The production of vitamin D consumables in capsules, tablets, and powder has increased, given the surge in various conditions. In this regard, the dry form of VD captured the highest market share at $1123.73 million in 2022. The elevated demand for condensed forms has prompted the demand for dry forms of VD supplements like spray-dried powder and hard-shelled capsules. For instance, in association with Royal DSM, MD Pharmaceuticals developed a vitamin D capsule product containing ampli-D, a vitamin D3 form. One of the major factors that spurred the demand for this form is the long shelf life and convenience during production.

Liquid formation of vitamin D, like soft gel capsules, has also gained prominence in reducing risks associated with digestion in the geriatric population. Hence, all these factors fuel the clinical use of vitamin D in the pharmaceutical sector.

Health Trends Fuel Inclusion in Functional F&B:

Growing demand for convenience foods and mounting health consciousness have promoted the use of vitamin D in functional foods and beverage products. Food fortification is one such concept that has gained momentum, essentially in vegan products. Plant-based meats fortified with VD forms are widely consumed to boost nutrient levels. Products like smoothies, milk, cereals, sports drinks, and juices are also fortified. For instance, in January 2023, the US FDA accepted a petition by Kellogg Company to fortify vitamin D levels in the cereal category as well as grain-based bars.

Our estimates indicate that functional food and beverage is expected to witness the fastest growth in the usage segment at a CAGR of 7.91% during the forecast period 2023-2030.

Consumer focus on improving overall health has also elevated vitamin D3 and D2 in dietary supplements. D2 is the fastest growing category, anticipated to advance at 8.30% of CAGR over 2023-2030. This development is mainly owing to the cheaper production process and widespread availability of D2. Cereals and milk are commonly fortified with D2 to reduce tiredness and muscle weakness. Hence, expanding F&B industry opens multiple avenues for the studied market.

Maintaining Animal Well-Being with D3 Feed:

Vitamin D3, in the form of beadlets, oil, and powders, has gained immense prominence in animal feed products. In this regard, D3 is widely preferred over D2 as it offers better stability for feeds containing minerals, efficiently addressing deficiencies in poultry and livestock. In poultry, VD is also administered via water to maintain adequate nutrient levels. Another factor supporting the segment’s growth is the rising demand for meat and animal-based products. As per our estimates, vitamin D2 leads the market based on category.

Growth Prospective: Rising Culture of Nutricosmetics

Nutricosmetics include nutrient-rich dietary supplements to improve skin and hair conditions. The rise in demand for advanced beauty solutions has paved the way for manufacturers to develop novel cosmetics supplements. For instance, in January 2023, Neutrogena, in collaboration with Nourished, launched the Ageless Skinstack, 3D-printed skin health dietary supplements containing a core mix of nutrients, including vitamin D3. Therefore, consumer inclinations toward nutritional supplements to promote healthy skin from within are expected to create lucrative opportunities for the vitamin D market.

 

FAQs:

Q1) What is the size of the global vitamin D market?

The global vitamin D market gained $1562.69 million in 2022 and is expected to reach $2789.04 million by 2030.

Q2) What are the key categories and forms of vitamin D?

D2 and D3 are key categories, whereas dry and liquid are major forms of vitamin D.

[marketinsight1234]

Vitamin D Market: Forthcoming Trends and Share Analysis by 2030

Vitamin D Market Size Was Valued at USD 1,344.0 Million in 2022 and is Projected to Reach USD 2,344.0 Million by 2030, Growing at a CAGR of 7.2% From 2023-2030.

Vitamin D is a fat-soluble vitamin that plays a crucial role in various physiological processes within the body. It is often referred to as the "sunshine vitamin" because the primary source of vitamin D for most people is through exposure of the skin to sunlight.  Vitamin D helps regulate calcium and phosphorus absorption, which are vital minerals for bone health. Adequate vitamin D levels are essential for maintaining strong and healthy bones, and deficiency can lead to conditions like rickets in children and osteomalacia or osteoporosis in adults. There is growing evidence suggesting that vitamin D plays a role in modulating the immune system and reducing the risk of infections and autoimmune diseases.

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

Leading players involved in the Vitamin D Market include:

Abbott (US), Pfizer Inc. (US), Merck & Co., Inc. (US), Sanofi (US), GlaxoSmithKline plc (UK), Novartis International AG (Switzerland), Torrent Pharmaceuticals Ltd. (India), PHW Group (Germany), Bio-Tech Pharmacal (US), Divi's Nutraceuticals (India), And Other Major Players. 

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Segmentation of Vitamin D Market:

By Form

Vitamin D2

Vitamin D3

By Application

Pharmaceuticals

Fortified Food and Beverage

Animal Feed

Personal Care

By End User

Adults

Pregnant women

Children

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Vitamin D Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Vitamin D Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

Contact us:

Introspective Market Research

3001 S King Drive,

Chicago, Illinois

60616 USA

Ph no: +1-773-382-1049

Email: sales@introspectivemarketresearch.com

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The Vitamin D Market in 2023 is US$ 1.4 billion, and is expected to reach US$ 2.46 billion by 2031 at a CAGR of 7.30%.

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Emerging Markets and Opportunities in Vitamin D Supplements By 2023 to 2030

The global vitamin D market is expected to grow from US$ 1.9 billion in 2023 to US$ 5.1 billion by 2030, at a CAGR of 10.42% during the forecast period. Vitamin D is an essential nutrient that plays a vital role in bone health, immune function, and cell growth. It is also essential for the absorption of calcium and phosphorus, which are essential for bone mineralization. Vitamin D deficiency is a global public health problem, affecting an estimated 1 billion people worldwide.

The growing awareness of the health benefits of vitamin D is one of the key drivers of the vitamin D market. Consumers are increasingly becoming aware of the role of vitamin D in maintaining overall health and well-being. This is leading to a surge in demand for vitamin D supplements and fortified foods and beverages.

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The rising prevalence of vitamin D deficiency is another major factor driving the growth of the vitamin D market. Vitamin D deficiency is caused by a lack of exposure to sunlight, which is the main source of vitamin D. Other factors that can contribute to vitamin D deficiency include poor diet, certain medical conditions, and aging.

The increasing demand for fortified foods and beverages is another key driver of the vitamin D market. Food fortification is the process of adding nutrients to foods that do not naturally contain them. Vitamin D is a common nutrient that is added to foods such as milk, orange juice, and bread. Fortified foods and beverages provide a convenient and reliable way for consumers to increase their vitamin D intake.

This growth is attributed to a number of factors, including:

Increasing awareness of the benefits of vitamin D: Vitamin D is essential for bone health, immune function, and muscle strength. In recent years, there has been a growing awareness of the importance of vitamin D for overall health and well-being. This has led to an increase in the demand for vitamin D supplements and fortified foods and beverages.

Rising prevalence of chronic diseases: Vitamin D deficiency has been linked to a number of chronic diseases, such as osteoporosis, heart disease, and cancer. With the rising prevalence of these diseases, the demand for vitamin D supplements is likely to continue to increase.

Growing geriatric population: The geriatric population is more susceptible to vitamin D deficiency due to reduced sun exposure and decreased ability to absorb vitamin D from food. This is driving the demand for vitamin D supplements among the elderly population.

Increasing demand for vitamin D in animal feed and pet food: Vitamin D is also used in animal feed and pet food to enhance the nutritional value of these products. The growing focus on animal welfare is expected to boost the demand for vitamin D in these applications.

Regional trends in the vitamin D market:

The North American vitamin D market is expected to remain the largest market during the forecast period. This is due to the high prevalence of vitamin D deficiency in the region, as well as the high awareness of the benefits of vitamin D among consumers. The European vitamin D market is also expected to grow significantly during the forecast period, driven by the rising prevalence of chronic diseases and the growing geriatric population. The Asia Pacific vitamin D market is expected to witness the fastest growth during the forecast period. This is due to the increasing awareness of the benefits of vitamin D among consumers and the rising disposable incomes in the region.

Opportunities in the vitamin D market:

There are a number of opportunities for growth in the vitamin D market. Some of these opportunities include:

Development of new and innovative vitamin D products: There is a growing demand for new and innovative vitamin D products, such as easy-to-swallow capsules, chewable tablets, and liquid drops. Companies can capitalize on this trend by developing new and innovative vitamin D products that meet the needs of different consumers.

Expansion into new markets: There is a growing demand for vitamin D supplements in emerging markets. Companies can expand their reach into these markets by partnering with local distributors and retailers.

Development of new applications for vitamin D: Vitamin D is being used in a growing number of applications, such as nutricosmetics and animal feed. Companies can explore new applications for vitamin D to expand their market reach.

Key Takeaways:

The global vitamin D market is expected to reach US$ 5.1 billion by 2030, growing at a CAGR of 10.42% during the forecast period.

This growth is attributed to the increasing consumer awareness of the health benefits of vitamin D, rising demand for vitamin D supplements in the aging population, and increasing prevalence of chronic diseases such as osteoporosis, rickets, and heart disease.

North America is expected to remain the largest market for vitamin D, followed by Europe and Asia Pacific.

Key Players:

The key players in the global vitamin D market include:

DSM

BASF

Lonza

Archer Daniels Midland

Cargill

Merck

Bayer

Pfizer

Abbott Laboratories

Glanbia

NutriScience

Segmentation:

The global vitamin D market is segmented based on:

Type:

Vitamin D2 (ergocalciferol)

Vitamin D3 (cholecalciferol)

Form:

Supplements

Fortified foods and beverages

Application:

Human health

Animal feed

Food and beverages

Personal care and cosmetics

[foodagriculturenews]

Insights and Growth Projections in the Vitamin D Market

[ameymeti2001]

Vitamin D Market Worth $2.43 billion by 2030

Vitamin D Market Worth $2.43 billion by 2030

Meticulous Research®—a leading global market research company, published a research report titled ‘Vitamin D Market by Analog (Vitamin D3, Vitamin D2), Source (Plant-sourced, Animal-sourced), Form (Dry, Liquid), Application (Pharmaceuticals, Food & Beverages, Feed & Pet Food, Personal Care) — Global Forecast to 2030.’

According to this latest publication from Meticulous Research®, in terms of value, the vitamin D market is projected to reach $2.43 billion by 2030, at a CAGR of 7.1% from 2023 to 2030. Growing demand for vitamins for enrichment or fortification of food & beverages, feed & pet food, pharmaceuticals, and personal care products; rising prevalence of vitamin D deficiency; growing health & wellness trend; and growing demand for dietary supplements are the factors expected to drive this market. However, stringent regulations related to the fortification of food and feed products is expected to impede the growth of this market to a certain extent.

The vitamin D market is segmented based on analog (vitamin D2 and vitamin D3), source (plant-sourced and animal-sourced), form (liquid and dry form), and application (pharmaceuticals, food & beverages, feed & pet food, and personal care). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on analog, in 2023, the vitamin D3 segment is expected to account for the largest share of the vitamin D market owing to its growing awareness regarding its several applications and the continuously rising rheumatoid arthritis patients and other bone-related disorders.

Based on source, the plant-sourced segment is projected to register a faster growth rate during the forecast period of 2023–2030. The growth of this segment is attributed to the rising consumer preferences for plant-based products, the growing vegan population, increasing intolerance for animal-derived ingredients, easy availability of raw materials, and comparatively lower cost of production.

Based on form, in 2023, the dry form segment is expected to account for the largest share of the vitamin D market owing to its benefits, such as stability & high shelf life and ease of handling, transportation, & storage. In addition, there is an increasing demand for vitamin D in powder and capsule forms due to its high solubility.

Based on application, the food & beverages segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing demand for fortified foods, rising consumer awareness regarding the health benefits of vitamin D, and growing health and wellness trend. Geographic Review

This research report also analyzes major geographies and provides a comprehensive analysis of the market in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the vitamin D market. The large share of this market is mainly attributed to the presence of the key manufacturers, easy availability of raw materials, growing demand for functional food ingredients, rising patients of rickets and chronic disorders, and an increase in disposable incomes. In addition, the high vitamin D deficiency among people further supports the growth of this market. For instance, Malaysia has a high deficiency of vitamin D as compared to other regions all over the world, owing to the high prevalence of various non-communicable diseases in the country. According to Malaysia’s National Health survey, the prevalence of diabetes mellitus is increasing rapidly in Malaysia, with an overall exceeding of 18%, and the prevalence of blood glucose is even higher, with 43.3% among people aged 65–69 years in the year 2019.

Key Players The key players operating in the vitamin D market include BASF SE (Germany), Dishman Carbogen Amcis Ltd (India), Divi’s Laboratories Ltd. (India), Fermenta Biotech Limited (India), Koninklijke DSM N.V. (Netherlands), Lycored Corp. (Israel), NewGen Pharma Inc. (U.S.), Synthesia a.s. (Czech Republic), Taizhou Hisound Pharmaceutical Co., Ltd. (China), Zhejiang Garden Biochemical High-tech Co., LTD (China), and Zhejiang Medicine Co., Ltd. (China).

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Scope of the Report:

Vitamin D Market, by Analog

Vitamin D3

Vitamin D2

Vitamin D Market, by Source

Plant-sourced

Animal-sourced

Vitamin D Market, by Form

Liquid Form

Dry Form

Vitamin D Market, by Application

Pharmaceuticals

Food & Beverages

Feed & Pet Food

Personal Care

Vitamin D Market, by Geography

North America

U.S.

Canada

Europe

France

Germany

Italy

U.K.

Spain

Rest of Europe 

Asia-Pacific (APAC)

China

India

Japan

Australia

South Korea

Rest of APAC (RoAPAC) 

Latin America

Brazil

Mexico

Rest of Latin America (RoLATAM) 

Middle East & Africa

[akanksha-industry-worth]

Vitamin D Market Worth $2.43 billion by 2030

Vitamin D Market Worth $2.43 billion by 2030

Meticulous Research®—a leading global market research company, published a research report titled ‘Vitamin D Market by Analog (Vitamin D3, Vitamin D2), Source (Plant-sourced, Animal-sourced), Form (Dry, Liquid), Application (Pharmaceuticals, Food & Beverages, Feed & Pet Food, Personal Care) — Global Forecast to 2030.’

According to this latest publication from Meticulous Research®, in terms of value, the vitamin D market is projected to reach $2.43 billion by 2030, at a CAGR of 7.1% from 2023 to 2030. Growing demand for vitamins for enrichment or fortification of food & beverages, feed & pet food, pharmaceuticals, and personal care products; rising prevalence of vitamin D deficiency; growing health & wellness trend; and growing demand for dietary supplements are the factors expected to drive this market. However, stringent regulations related to the fortification of food and feed products is expected to impede the growth of this market to a certain extent.

Download Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5441

The vitamin D market is segmented based on analog (vitamin D2 and vitamin D3), source (plant-sourced and animal-sourced), form (liquid and dry form), and application (pharmaceuticals, food & beverages, feed & pet food, and personal care). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on analog, in 2023, the vitamin D3 segment is expected to account for the largest share of the vitamin D market owing to its growing awareness regarding its several applications and the continuously rising rheumatoid arthritis patients and other bone-related disorders.

Based on source, the plant-sourced segment is projected to register a faster growth rate during the forecast period of 2023–2030. The growth of this segment is attributed to the rising consumer preferences for plant-based products, the growing vegan population, increasing intolerance for animal-derived ingredients, easy availability of raw materials, and comparatively lower cost of production.

Based on form, in 2023, the dry form segment is expected to account for the largest share of the vitamin D market owing to its benefits, such as stability & high shelf life and ease of handling, transportation, & storage. In addition, there is an increasing demand for vitamin D in powder and capsule forms due to its high solubility.

Based on application, the food & beverages segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing demand for fortified foods, rising consumer awareness regarding the health benefits of vitamin D, and growing health and wellness trend.

Geographic Review

This research report also analyzes major geographies and provides a comprehensive analysis of the market in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the vitamin D market. The large share of this market is mainly attributed to the presence of the key manufacturers, easy availability of raw materials, growing demand for functional food ingredients, rising patients of rickets and chronic disorders, and an increase in disposable incomes. In addition, the high vitamin D deficiency among people further supports the growth of this market. For instance, Malaysia has a high deficiency of vitamin D as compared to other regions all over the world, owing to the high prevalence of various non-communicable diseases in the country. According to Malaysia’s National Health survey, the prevalence of diabetes mellitus is increasing rapidly in Malaysia, with an overall exceeding of 18%, and the prevalence of blood glucose is even higher, with 43.3% among people aged 65–69 years in the year 2019.

Key Players The key players operating in the vitamin D market include BASF SE (Germany), Dishman Carbogen Amcis Ltd (India), Divi’s Laboratories Ltd. (India), Fermenta Biotech Limited (India), Koninklijke DSM N.V. (Netherlands), Lycored Corp. (Israel), NewGen Pharma Inc. (U.S.), Synthesia a.s. (Czech Republic), Taizhou Hisound Pharmaceutical Co., Ltd. (China), Zhejiang Garden Biochemical High-tech Co., LTD (China), and Zhejiang Medicine Co., Ltd. (China).

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Scope of the Report:

Vitamin D Market, by Analog

Vitamin D3

Vitamin D2

Vitamin D Market, by Source

Plant-sourced

Animal-sourced

Vitamin D Market, by Form

Liquid Form

Dry Form

Vitamin D Market, by Application

Pharmaceuticals

Food & Beverages

Feed & Pet Food

Personal Care

Vitamin D Market, by Geography

North America

U.S.

Canada

Europe

France

Germany

Italy

U.K.

Spain

Rest of Europe

Asia-Pacific (APAC)

China

India

Japan

Australia

South Korea

Rest of APAC (RoAPAC)

Latin America

Brazil

Mexico

Rest of Latin America (RoLATAM)

Middle East & Africa

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[innergiverfox]

Internal Battles

So here is it, the first, and hopefully not last, post of 2024. I can’t think of a title right now, so I’m hoping one will emerge by the end of the post! I’ve been thinking about how much I berate myself for not getting enough done. For having no enthusiasm or mojo to write, to market my books, to make money, to hustle. The last four years have been pretty tough on those fronts. I feel like my…

[marketinsight1234]

Vitamin D Market: Forthcoming Trends and Share Analysis by 2030

Vitamin D Market Size Was Valued at USD 1,344.0 Million in 2022 and is Projected to Reach USD 2,344.0 Million by 2030, Growing at a CAGR of 7.2% From 2023-2030.

The global Vitamin D market has been experiencing steady growth, primarily driven by increasing awareness about the health benefits associated with Vitamin D consumption. Vitamin D plays a crucial role in maintaining bone health, regulating immune function, and reducing the risk of chronic diseases such as osteoporosis, diabetes, and cardiovascular diseases. With rising health consciousness among consumers and growing incidences of vitamin D deficiency worldwide, the demand for Vitamin D supplements and fortified food products is on the rise.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

https://introspectivemarketresearch.com/request/16575

Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

Leading players involved in the Vitamin D Market include:

Abbott (US), Pfizer Inc. (US), Merck & Co., Inc. (US), Sanofi (US), GlaxoSmithKline plc (UK), Novartis International AG (Switzerland), Torrent Pharmaceuticals Ltd. (India), PHW Group (Germany), Bio-Tech Pharmacal (US), Divi's Nutraceuticals (India), And Other Major Players. 

If You Have Any Query Vitamin D Market Report, Visit:

https://introspectivemarketresearch.com/inquiry/16575

Segmentation of Vitamin D Market:

By Form

Vitamin D2

Vitamin D3

By Application

Pharmaceuticals

Fortified Food and Beverage

Animal Feed

Personal Care

By End User

Adults

Pregnant women

Children

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Vitamin D Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Vitamin D Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Acquire This Reports: -

https://introspectivemarketresearch.com/checkout/?user=1&_sid=16575

About us:

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

Contact us:

Introspective Market Research

3001 S King Drive,

Chicago, Illinois

60616 USA

Ph no: +1-773-382-1049

Email: sales@introspectivemarketresearch.com

[mitalipingale]

The Vitamin D Market in 2023 is US$ 1.4 billion, and is expected to reach US$ 2.46 billion by 2031 at a CAGR of 7.30%.

[creativeera]

Vitamins Market is Anticipated to Witness High Growth Owing to Rising Health Consciousness Among Individuals

The vitamins market consists of vitamin supplements in different forms such as capsules, tablets, powders, and gummies. Vitamins are essential micronutrients that support various metabolic functions in the human body. Growing awareness regarding the benefits of vitamins in maintaining overall health and wellness has been driving the demand for vitamin supplements.

The Vitamins Market size is valued at US$ 7.12 Bn in 2024 and is expected to reach US$ 10.84 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

Key Takeaways Key players operating in the vitamins market are Adisseo France S.A.S , Archer Daniels Midland Co., BASF SE, CSPC Pharmaceuticals Group Limited, Lonza Group Ltd., North China Pharmaceuticals Corporation, Pharmavite LLC, and Zhejiang Hangzhou Xinfu Pharmaceutical Co. Ltd., Vitablend Nederland B.V, Farbest Brands. These key players are focusing on new product launches, mergers & acquisitions, and collaborations to expand their global reach. Some major opportunities in the market include rising health expenditures, growing demand for nutraceuticals and functional foods, and expansion in e-commerce. Geographically, North America dominates the global vitamins market. However, Asia Pacific is expected to witness the highest growth owing to growing middle-class population with increased spending on health and wellness products in China and India. Market drivers and restrain One of the major drivers for Vitamins Market Demand is the rising health consciousness among individuals. With growing awareness regarding nutrition and wellness, consumers are increasingly opting for vitamin supplements for maintaining overall health and immunity. This is expected to fuel the demand for vitamins over the forecast period. However, availability of counterfeit products in the market may restrain the growth of the vitamins market. The fake or low-quality vitamin products often contain toxic ingredients that can pose serious health risks. Stringent regulations introduced by governments worldwide to monitor the production and distribution of vitamins is one of the major challenges faced by market players. This leads to increased operating costs and dampens the profit margins. Segment Analysis Vitamin B complex sub segment dominates the vitamins market accounting for over 30% share. This is because vitamin B complex plays a key role in energy metabolism and is utilized in majority of nutritional supplements and functional foods globally. Vitamin B12 and Vitamin B1 sub segments collectively account for over half of vitamin B complex segment revenues. Regional Analysis North America captures around one third of global Vitamins Market Size and Trends revenues. This is attributed to high health and wellness awareness and growing demand for nutritional and dietary supplements in the US and Canada. Asia Pacific represents the fastest growing region in vitamins market during the forecast period owing to rising incomes, growing health awareness and expansion of end use industries such as food and beverages and pharmaceuticals in major countries like China and India. Global Analysis The vitamins market is consolidated in nature with top five players accounting for over 45% revenue share. The market is characterized by rising investments in research and development of advanced delivery systems and fortification of various food products with vitamins and minerals. Emerging economies of Asia Pacific and Middle East and Africa offer lucrative growth opportunities for market participants over the coming years.

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Vitamin D market was valued at USD 1.3 billion in 2022 and is projected to reach USD 1.9 billion by 2027. The global market report is segmented by End User, IU Strength, Analog, Application, Form, & by Geography.

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Rising Demand for Fortified Foods Drives the Vitamin D Ingredient Market Expansion

The Vitamin D Ingredients Market is estimated to be valued at US$ 3.23 Bn in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview:

Vitamin D ingredients provide various health benefits such as maintaining bone and teeth health, controlled blood pressure and diabetes. It is a fat-soluble vitamin found in various food items such as fish, cereals, dairy products etc. Increasing incidences of vitamin D deficiency owing to lack of exposure to sunlight has boosted the demand of vitamin D enriched foods and fortified products. Market Key Trends:

Growing awareness regarding health benefits of vitamin D driven foods and supplements has been a major trend in the market. Changing lifestyle and hectic work schedules have led to indoor living with less exposure to sunlight resulting in increased prevalence of vitamin D deficiency. This has propelled demand of enriched food products containing vitamin D. Furthermore, growing elderly population prone to bone fractures and diseases also contribute to Vitamin D ingredients market growth. Regular intake of vitamin D through supplements aids in prevention of chronic conditions and maintains overall well-being.

Porter’s Analysis

Threat of new entrants: New entrants face high capital requirements for manufacturing and distribution. Demand for Vitamin D ingredients is growing but the market is dominated by few large players.

Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes and presence of many suppliers. However, switching costs are low.

Bargaining power of suppliers: Suppliers have low to moderate bargaining power due to availability of alternatives and presence of many buyers in the market.

Threat of new substitutes: Threat from substitutes is low as Vitamin D plays an important role in bone and immune health which is difficult to replace.

Competitive rivalry: Market is highly competitive due to presence of global players.

SWOT Analysis

Strength: Growing health consciousness and awareness about benefits of vitamin D. Increasing applications in food and beverage sector.

Weakness: Seasonal availability drives price volatility. Lower bioavailability and stability issues with some forms of vitamin D.

Opportunity: Growth in demand from pharmaceutical and dietary supplements industry. Expanding Applications in functional foods and fortified products.

Threats: Stringent regulations pertaining to usage levels. Fluctuations in raw material prices.

Key Takeaways

The global Vitamin D Ingredients Market is expected to witness high growth, exhibiting CAGR of 11% over the forecast period, due to increasing health awareness and growing demand from dietary supplement industry. Regional analysis - Asia Pacific dominates the global market and is estimated to grow at a CAGR of around 12% during forecast period. Increasing health consciousness, rising geriatric population, and growing demand for dietary supplements are expected to drive the Asia Pacific vitamin D ingredients market. Key players - Key players operating in the vitamin D ingredients market are BASF SE, Dishman Netherlands B.V., Royal DSM N.V., Barr Pharmaceutical, Lycored Limited, Zhejiang Garden Bio-chemical High-tech Company Limited, Fermenta Biotech Ltd, Schiff Nutrition International, Inc. (Reckitt Benckiser), Glaxo Smith Kline, J.R. Carlson Laboratories. Royal DSM NV is the market leader with over 20% share.